The Asia Pacific Automotive Brake Pad Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Semi-metallic brake pads, which are perhaps the most often used, contain between 30% and 65% metal. Steel wool, wire, copper, and other materials could be added. Once chosen, the organic resin is used to join these components. They are then molded into predetermined forms and heated in a furnace, increasing their durability. One of their numerous advantages is their robustness.
Semi-Metallic pads are significantly less harsh on rotors and more heat resistant than their ceramic counterparts. In fact, high-performance race cars may benefit most from semi-metallic brake pads. This is the best choice if the car can go from 0 to 60 mph in a matter of seconds. There are drawbacks to all types of pads, in this case, a negative reactivity to extremely low temperatures.
For a variety of factors, such as noise, stopping distance, robustness, etc., ceramic brakes have consistently outperformed the original equipment benchmarks. They have a far longer brake life than metallic and organic pads due to their superior durability, which also adds stability and uniformity to braking movements.
Road safety is a key development issue, public health concern, and top cause of death and injury. According to the World Health Organization, at least one of every ten individuals murdered on roads around the globe is from India. According to the Indian government, a total of 4,12,432 road accidents were registered in the country in 2021, resulting in 1,53,972 fatalities and 3,84,448 injuries. Approximately 67 percent of all unintentional deaths occur between the ages of 18 and 45, making this age range the most vulnerable. As a result, the market for automotive brake pads is expected to increase in the APAC region.
The China market dominated the Asia Pacific Automotive Brake Pad Market by Country in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $563.5 million by 2028.The Japan market is estimated to grow a CAGR of 5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.3% during (2022 - 2028).
Based on Material, the market is segmented into Non-Asbestos Organic, Semi Metallic, Low Metallic NAO and Ceramic. Based on Position, the market is segmented into Front & Rear and Front. Based on Sales Channel, the market is segmented into Aftermarket and OEM. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, Two Wheelers and Heavy Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive Brake Pad Market is Projected to reach USD 5.1 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Brembo S.p.A., BorgWarner, Inc., ITT, Inc., Tenneco, Inc. (Apollo Funds), Akebono Brake Industry Co., Ltd., ADVICS Co., Ltd. (Aisin Corporation), and Brake Parts, Inc. (First Brands Group).
Scope of the Study
Market Segments Covered in the Report:
By Material
- Non-Asbestos Organic
- Semi Metallic
- Low Metallic NAO
- Ceramic
By Position
By Sales Channel
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Two Wheelers
- Heavy Commercial Vehicles
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Robert Bosch GmbH
- ZF Friedrichshafen AG
- Brembo S.p.A.
- BorgWarner, Inc.
- ITT, Inc.
- Tenneco, Inc. (Apollo Funds)
- Akebono Brake Industry Co., Ltd.
- ADVICS Co., Ltd. (Aisin Corporation)
- Brake Parts, Inc. (First Brands Group)
TABLE 1 Asia Pacific Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 3 Product Launches And Product Expansions– Automotive Brake Pad Market
TABLE 4 Acquisition and Mergers– Automotive Brake Pad Market
TABLE 5 Joint ventures – Automotive Brake Pad Market
TABLE 6 geographial expansions – Automotive Brake Pad Market
TABLE 7 Asia Pacific Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Non Asbestos Organic Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Non Asbestos Organic Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Semi Metallic Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Semi Metallic Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Low Metallic NAO Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Low Metallic NAO Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Ceramic Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Ceramic Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Front & Rear Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Front & Rear Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Front Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Front Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific OEM Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific OEM Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Two Wheelers Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Two Wheelers Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Automotive Brake Pad Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Automotive Brake Pad Market by Country, 2022 - 2028, USD Million
TABLE 41 China Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 42 China Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 43 China Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 44 China Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 45 China Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 46 China Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 47 China Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 48 China Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 49 China Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 China Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 Japan Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 52 Japan Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 53 Japan Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 54 Japan Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 55 Japan Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 56 Japan Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 57 Japan Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 58 Japan Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 59 Japan Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 Japan Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 India Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 62 India Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 63 India Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 64 India Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 65 India Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 66 India Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 67 India Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 68 India Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 69 India Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 70 India Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 71 South Korea Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 72 South Korea Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 73 South Korea Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 74 South Korea Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 75 South Korea Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 76 South Korea Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 77 South Korea Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 78 South Korea Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 79 South Korea Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 80 South Korea Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 81 Singapore Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 82 Singapore Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 83 Singapore Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 84 Singapore Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 85 Singapore Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 86 Singapore Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 87 Singapore Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 88 Singapore Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 89 Singapore Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 90 Singapore Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 91 Malaysia Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 92 Malaysia Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 93 Malaysia Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 94 Malaysia Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 95 Malaysia Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 96 Malaysia Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 97 Malaysia Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 98 Malaysia Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 99 Malaysia Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 100 Malaysia Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Automotive Brake Pad Market, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Automotive Brake Pad Market, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Automotive Brake Pad Market by Material, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Automotive Brake Pad Market by Material, 2022 - 2028, USD Million
TABLE 105 Rest of Asia Pacific Automotive Brake Pad Market by Position, 2018 - 2021, USD Million
TABLE 106 Rest of Asia Pacific Automotive Brake Pad Market by Position, 2022 - 2028, USD Million
TABLE 107 Rest of Asia Pacific Automotive Brake Pad Market by Sales Channel, 2018 - 2021, USD Million
TABLE 108 Rest of Asia Pacific Automotive Brake Pad Market by Sales Channel, 2022 - 2028, USD Million
TABLE 109 Rest of Asia Pacific Automotive Brake Pad Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 110 Rest of Asia Pacific Automotive Brake Pad Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 111 Key Information – Continental AG
TABLE 112 key information – Robert Bosch GmbH
TABLE 113 Key Information – Brembo S.p.A.
TABLE 114 Key Information – ZF Friedrichshafen AG
TABLE 115 Key Information – ITT, Inc.
TABLE 116 Key Information – ADVICS Co., Ltd.
TABLE 117 Key Information – BorgWarner, Inc.
TABLE 118 Key Information –Akebono Brake Industry Co., Ltd.
TABLE 119 Key information – Tenneco, Inc.
TABLE 120 Key Information – Brake Parts, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Nov) Leading Players
FIG 5 SWOT Analysis: Continental AG
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Brembo S.p.A.
FIG 8 Recent strategies and developments: ZF Friedrichshafen AG