Global Automotive Brake Friction Product Market Growth 2025-2031

Global Automotive Brake Friction Product Market Growth 2025-2031

The global Automotive Brake Friction Product market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Brake Friction Product Industry Forecast” looks at past sales and reviews total world Automotive Brake Friction Product sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Brake Friction Product sales for 2025 through 2031. With Automotive Brake Friction Product sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Brake Friction Product industry.

This Insight Report provides a comprehensive analysis of the global Automotive Brake Friction Product landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Brake Friction Product portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Brake Friction Product market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Brake Friction Product and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Brake Friction Product.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Brake Friction Product market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Brake Pads
Brake Shoes
Brake Lining

Segmentation by Application:
Passenger Vehicle
LCV(Light Commercial Vehicle)
HCV(Heavy Commercial Vehicle)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Federal Mogul
Bosch
TMD GROUP
TRW Automotive
MAT Holdings
ATE
ICER
BREMBO
Util Group
ABS Friction
Metek GmbH
ITT Corporation
AKEBONO Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Brake Friction Product market?

What factors are driving Automotive Brake Friction Product market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Brake Friction Product market opportunities vary by end market size?

How does Automotive Brake Friction Product break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.