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Segmentation, Major Trends, and Competitive Overview of the Brake Friction Products Market
Brake Friction Products Market
Projected Market Size and Growth Outlook for Brake Friction Products
The brake friction products market is anticipated to expand steadily, reaching a valuation of $14.6 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 4.6%. Factors contributing to this upward trajectory include the rising use of electric vehicles (EVs) which require specialized friction components, innovations in lightweight materials, the push for longer-lasting brake pads, and sustainability-driven product formulations. Additionally, advancements in braking technology play a crucial role. Key market trends shaping this period include a growing preference for low-noise brake materials, increasing adoption of asbestos-free products, the rising popularity of ceramic brake pads, heightened attention to vehicle safety, and the expansion of braking systems in electric vehicles.
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Leading Companies Driving the Brake Friction Products Market
Several prominent companies dominate the brake friction products landscape. Notable players include Robert Bosch GmbH, TMD Friction Holdings GmbH, Brembo S.p.A., Nisshinbo Holdings Inc., Akebono Brake Industry Co., Ltd., ADVICS Co., Ltd., Federal-Mogul LLC, Aisin Corporation, Hitachi Astemo, Ltd., Mando Corporation, Sangsin Brake Co., Ltd., Fras-le S.A., MAT Holdings, Inc., EBC Brakes, Ferodo Racing Ltd., SBS Friction A/S, TRW Automotive Holdings Corp., Allied Nippon Limited, ITT Inc., and Carlisle Brake & Friction Inc.
In a strategic move in May 2025, SAF-HOLLAND, a Germany-based supplier specializing in commercial vehicle components, fully acquired Haldex India. This acquisition aims to solidify SAF-HOLLAND's position in the Indian commercial vehicle market, expand its portfolio around braking and suspension systems, improve local operations, and support long-term growth in the region. Haldex India is known for manufacturing vehicle braking solutions and air suspension systems.
Innovations Promoting Safety and Growth in the Brake Friction Products Market
Leading companies in the brake friction market are focusing on developing innovative products utilizing advanced absorbent glass mat (AGM) technology. This type of technology, often used in lead-acid batteries, employs a glass fiber mat to absorb and retain acid, thereby enhancing the performance and reliability of electronic components in braking systems.
For example, in July 2023, Bosch introduced its Blue Line brake pads, which are seen as next-generation automotive parts. These pads offer a high-quality alternative to original equipment (OE) brake pads by providing consistent friction, reduced noise and vibration, and an asbestos-free composition. Engineered to deliver excellent braking performance and thermal stability along with quiet operation, these pads cater to the safety and comfort needs of everyday drivers.
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Breakdown of the Brake Friction Products Market Segments
This market is segmented based on product type, vehicle type, and distribution channel.
1) Product Type: Brake Pads and Shoe Liners
2) Vehicle Type: Passenger Cars, Lightweight Commercial Vehicles, Trucks, and Buses
3) Distribution Channel: Original Equipment Manufacturer (OEM) and Aftermarket
Further subcategories include:
- Brake Pads: Organic Brake Pads, Semi-Metallic Brake Pads, Ceramic Brake Pads, and Low-Metallic Non-Asbestos Organic (NAO) Pads
- Shoe Liners: Asbestos-Free Shoe Liners, Non-Asbestos Shoe Liners, Ceramic Shoe Liners, and Organic Shoe Liners
These diverse segments reflect the variety of applications and technology preferences within the brake friction products market.
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