Global Brake Material Market Growth (Status and Outlook) 2025-2031

The global Brake Material market size is predicted to grow from US$ 12550 million in 2025 to US$ 21070 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

Brake Material is essential components of braking systems in vehicles and various industrial applications. They play a critical role in converting kinetic energy into heat energy, thereby slowing down or stopping the movement of a vehicle or machinery. Different types of brake materials are used based on the specific requirements of the application, such as friction performance, heat resistance, durability, and environmental factors.

United States market for Brake Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Brake Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Brake Material is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Brake Material players cover Knorr-Bremse, Wabtec Corporation, Tianyi Group, Akebono Brake Industry, Bremskerl, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brake Material 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 Brake Material.

This report presents a comprehensive overview, market shares, and growth opportunities of Brake Material market by product type, application, key players and key regions and countries.

Segmentation by Type:
Brake Blocks
Brake Pads
Brake Shoes
Others

Segmentation by Application:
Automotive
Railway
Industrial
Aerospace
Others

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.
Knorr-Bremse
Wabtec Corporation
Tianyi Group
Akebono Brake Industry
Bremskerl
Tribo
Escorts Group
PURAN
Flertex
BOSUN
Youcaitec Material Co., Ltd.
Yiyang Group
Mersen
Vanguard Tech
Doneka
EBC Brakes Group
Rane Group

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