Brake Pads Research: the global market size is projected to grow from USD 16.76 billion in 2024 to USD 19.22 billion by 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Brake Pads- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Brake Pads market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Brake Pads was estimated to be worth US$ 6111 million in 2025 and is projected to reach US$ 7246 million, growing at a CAGR of 2.5% from 2026 to 2032.

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Brake Pads Market Summary

Brake Pads are components of brake systems used in automotive and other applications. Brake pads are friction materials which bound to the surface that faces the brake rotor and take the brunt of the frictional force necessary to stop the car. In a disc brake system, the brake pedal activates a hydraulic line which squeezes the calipers against the rotors of the car's tires. Pads are positioned between the calipers and the rotors to absorb the energy and heat, and then provide enough grips to stop the car.

In this report, we only count brake pads, not brake shoes. The main difference between brake pads and brake shoes is: The brake shoes are a component of the drum brake system in a vehicle. They are made of a tough, heat-resistant material and are attached to the brake drum. Brake pads are a component of the disc brake system. They are the part that comes into contact with the brake rotor to slow or stop a vehicle.

Note: In the report, one unit Brake Pad represents Four pieces of Brake Pads.

According to the new market research report "Global Brake Pads Market Report 2025-2031", published by QYResearch, the global Brake Pads market size is projected to grow from USD 16.76 billion in 2024 to USD 19.22 billion by 2031, at a CAGR of 2.08% during the forecast period.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Brake Pads market is segmented as below:
By Company
BOSCH
ZF Aftermarket (TRW)
TMD Friction (AEQUITA)
ITT Corporation
Tenneco (Federal Mogul)
ADVICS
Akebono
Nisshinbo
Hitachi
Sangsin Brake
Brembo
BorgWarner (Delphi)
Continental (ATE)
MAT Holdings
Fras-le
Brake Parts Inc
GM (ACDelco)
Shandong Xinyi Auto Parts Manufacturing
Zhuhai Grayley Friction Material
Knorr-Bremse AG
Double Link
SAL-FER
ABS Friction
Icer Brakes
FBK
MK Kashiyama
EBC Brakes
ZHEJIANG LAMDA TECHNOLOGY
Hangzhou Annat Industry
Weifang Airui Brake Systems
Shandong Hengyitong Automotive Parts
Hebei Huahua Friction Material
Shandong Gold Phoenix

Segment by Type
Non-asbestos Organic Brake Pads
Semi Metallic Brake Pads
Low Metallic NAO Brake Pads
Ceramic Brake Pads

Segment by Application
OEM
Aftermarket

Each chapter of the report provides detailed information for readers to further understand the Brake Pads market:

Chapter 1: Introduces the report scope of the Brake Pads report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of Brake Pads manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Brake Pads market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of Brake Pads in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of Brake Pads in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Brake Pads competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Brake Pads comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Brake Pads market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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