"Market Intelligence for High-Geared Performance"

Automotive OEM Brake Friction Material Market Size, Share & Industry Analysis, By Brake Type (Disc Brake, Drum Brake), By Application Type (Brake Lining, Brake Pad), By Material Type (Organic, Semi-Metallic, Ceramic) and regional Forecast, 2024-2032

Region :Global | Report ID: FBI103887 | Status : Ongoing

 

KEY MARKET INSIGHTS

Brake friction materials are used to create friction in the tyres to stop or reduce the speed of the vehicle. Drum brakes and disc brakes are two types of brakes that fitted in every vehicle. The brake linings in drum brakes and the brake pads in disc brakes are the main components that create friction between the brakes and the tyres of the vehicle. The automotive brake friction material market is expected to rise in the forecast period owing to the rapid growth in the sales and production of vehicles.


Moreover, urbanization, high demographic rate, improved standard of living, and rise in the disposable income of people are contributing to the surge in demand for automobiles across the world. The commercial vehicles require more brakes as compared to passenger cars. Furthermore, increasing industrialization and its positive impact on the logistics sector is leading to an increase in demand for heavy commercial vehicles. The improvement in the road infrastructure, expansion in the road connectivity, and rise in the prices of fuels are positively impacting the growth of the public transport vehicle market across the globe. Globally, the rising number of road accidents is imposing the government to take stringent actions and implement various safety regulations on automotive manufacturers. This is propelling the growth of the brake friction material market.

Globally, the increasing number of sales and production of automotive is leading to the growth of the brake friction material market. The wear and tear of brake lining and brake pads owed to constant friction are creating demand for the brake friction material. On the contrary, the friction creates enormous heat that causes the loss of mechanical properties of the vehicle’s components. This factor may hamper the growth of brake friction materials.

Up Arrow

Key Market Driver -

Surge in the demand for automobiles and stringent government safety norms are driving the growth of the brake friction material market

Down Arrow

Key Market Restraint -

Friction materials generates enormous heat causing the loss of mechanical properties of the automotive components, thus hampering the growth of the brake friction material market


Key Players Covered in the Automotive Brakes Market:


Some of the prominent companies that are present in the automotive OEM brake friction material market include Delphi Automotive LLP, Brembo S.p.A., Nisshinbo Holdings Inc., Robert Bosch GmbH, Continental AG, Nisshinbo Holdings Inc., Federal-Mogul Corporation, Akebono Brake Corporation, and TMD Friction Holdings GmbH among others.

Market Segmentation:


Globally, the automotive OEM brake friction material market has been segmented into brake type, application type, material type, and by region. The brake type is further segmented into disc brake and drum brake. The disc brake holds the largest market share of the global brakes system owing to its high durability, lightweight, high effectiveness. Most of the OEMs outfit disc brakes on the front wheels and drum brakes on the rear wheels of the vehicle. Sports cars usually consist of disc brakes on all four wheels. Thus, the disc brakes are gaining high growth in the market. By application type, the market is further segmented into brake lining and brake pads. The brake linings are a part of drum brakes, whereas disc brakes consist of brake pads. The brake linings and brake pads create friction, which results in stopping or reducing the speed of the vehicle. Nowadays, the disc brakes are widely used by the OEMs in vehicles, thus creating an impact on the brake pad market.

By brake pad material type, further, the market is segmented in organic, semi-metallic and ceramic brakes. The ceramic brakes segment is expected to hold the significant market share in the brake pad material type segment. The ceramic-brakes are less abrasive and last longer than other brake types. Semi-Metallic brakes are projected to hold the second-largest position in the market. These brakes are majorly used in Heavy-duty vehicles.

Regional Analysis:


Geographically, the automotive OEM brakes friction material market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America holds the largest market share of the global automotive brake friction material market and is expected to increase in the forecast period owing to the high rate of commercial vehicles in this region. Moreover, stringent government norms imposed on the OEMs to manufacture vehicles with advance braking systems. North America is followed by Aisa Pacific in the automotive brake friction material market and is expected to increase rapidly in the forecast period. The rise in the disposable income of people, improved standard of living, and the growth of industrialization are eventually creating a surge in demand for passenger cars in this region. This factor is ultimately impacting the growth of the automotive brake friction material market in this region.  

To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE

  DETAILS

By Brake Type



  • Disc Brake

  • Drum Brake



By Application Type



  • Brake Lining

  • Brake Pad



By Material Type



  • Organic

  • Semi-Metallic

  • Ceramic



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World






  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Automotive & Transportation Clients
GM
Hyundai
Asahi
Deloitee
Bosch
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X