Global Brake Pads Market Growth 2025-2031

The global Brake Pads market size is predicted to grow from US$ 11240 million in 2025 to US$ 12340 million in 2031; it is expected to grow at a CAGR of 1.6% from 2025 to 2031.

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.

Global Brake Pads key players include Federal Mogul, TRW, Nisshinbo, Akebono, MAT Holdings, etc. Global top five manufacturers hold a share over 35%.

Europe is the largest market, with a share over 25%, followed by China and North America, both have a share over 35% percent. In terms of product, Ceramic Brake Pads is the largest segment, with a share over 60%. And in terms of application, the largest application is Aftermarket, followed by OEMs Market.

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

This Insight Report provides a comprehensive analysis of the global Brake Pads 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 Brake Pads portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Brake Pads market.

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

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

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

Segmentation by Application:
OEM
Aftermarket

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
TRW
Nisshinbo
Akebono
MAT Holdings
Delphi Automotive
ITT
Sangsin Brake
Sumitomo
Hitachi Chemical
ATE
BREMBO
ADVICS
Acdelco
Brake Parts Inc
ICER
Fras-le
EBC Brakes
ABS Friction
Shandong Gold Phoenix
Shangdong xinyi
SAL-FER
Hunan BoYun
Double Link

Key Questions Addressed in this Report

What is the 10-year outlook for the global Brake Pads market?

What factors are driving Brake Pads market growth, globally and by region?

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

How do Brake Pads market opportunities vary by end market size?

How does Brake Pads break out by Type, by Application?

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