Global Automotive Brake Lining Market Growth 2023-2029

Global Automotive Brake Lining Market Growth 2023-2029

Automotive Brake Lining is a friction material bonded to the steel brake shoes. In most automotive brake shoes, the brake lining is riveted to the metal shoe. As the brake lining wears down, the brakes may chatter, squeak or squeal.
LPI (LP Information)' newest research report, the “Automotive Brake Lining Industry Forecast” looks at past sales and reviews total world Automotive Brake Lining sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Brake Lining sales for 2023 through 2029. With Automotive Brake Lining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Brake Lining industry.
This Insight Report provides a comprehensive analysis of the global Automotive Brake Lining 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 Lining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Brake Lining market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Brake Lining 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 Lining.
The global Automotive Brake Lining market size is projected to grow from US$ 969.4 million in 2022 to US$ 998 million in 2029; it is expected to grow at a CAGR of 998 from 2023 to 2029.
The major players in global Automotive Brake Lining market include Nisshinbo, Klasik, Boyun, etc. The top 3 players occupy about 30% shares of the global market. Europe and North America are main markets, they occupy about 40% of the global market. Semimetal Type is the main type, with a share about 80%. Commercial Vehicle is the main application, which holds a share over 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Brake Lining market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Semimetal Type
NAO Type
Segmentation by application
Commercial Vehicle
Passenger 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 analyzing the company's coverage, product portfolio, its market penetration.
Nisshinbo
Bendix
Sangsin
Marathon Brake
Fras-le
ICER
Meritor
Fuji Brake
Tenneco(Federal-Mogul)
MASU
MAT Holdings
Klasik
Boyun
Gold Phoenix
Xingyue
Xinyi
Foryou
Feilong
Shenli
Zhongcheng
Assured
Humeng
Safety
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Brake Lining market?
What factors are driving Automotive Brake Lining market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Brake Lining market opportunities vary by end market size?
How does Automotive Brake Lining break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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