PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1740260
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1740260
The global brake friction products market is projected to reach USD 15.52 billion in 2032 from USD 13.32 billion in 2025, at a CAGR of 2.2% from 2025 to 2032. The growing penetration of EVs in China, the US, India, and Europe will drive the brake friction products market in the coming years. Additionally, the trucks and bus segment will contribute significantly to market demand, as an increase in miles driven by these vehicles increases the need for high-quality brake friction products. The aftermarket segment is also anticipated to be vital in driving demand for brake friction products. Demand for brake friction materials is predicted to rise due to increased vehicle production and demand for disc brakes in passenger automobiles. Furthermore, the rising usage of lightweight components has raised the demand for high-quality brake friction solutions and materials.
Scope of the Report | |
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Years Considered for the Study | 2021-2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Units Considered | Volume, Value (USD Million/Billion) |
Segments | Product Type, Vehicle Type, Liner Type, Material Type, Off-Highway Market, Application and Disc Type, Electric Vehicle Brake Friction OE Market, Vehicle Type, Aftermarket By-Products, Vehicle Type, and Region. |
Regions covered | Asia Pacific, Europe, North America, and the Rest of the World |
"Increasing vehicle parc & vehicle miles traveled to boost the aftermarket."
The brake friction market relies on aftermarket sales due to the wear and tear of products that require periodic replacement. Growth is linked to the rising global vehicle population and increased average mileage, particularly in Europe, which rose from 10,000 miles in 2015 to nearly 14,000 in 2020. As a result, brake systems are under more stress, necessitating replacements, ideally every 30,000 to 70,000 miles. In the EU, disc brakes are standard in new passenger cars and heavy commercial vehicles due to strict regulations, a trend echoed in Asia. The surge in e-commerce also demands better braking for trucks. According to the OICA, global vehicle sales increased from 82.9 million in 2022 to 95.3 million in 2024, boosting the global passenger car population and driving demand for brake products.
"Battery Electric Vehicles (BEV) are expected to be the largest & fastest-growing market for brake friction products during the forecast period."
BEVs have seen remarkable growth over the past five years, with sales reaching nearly 10.8 million units in 2024, up from 9.5 million in 2023. China leads the market, accounting for 60% of global BEV sales, followed by Europe and North America. Eco-friendly models are common in China and India, often featuring two-disc and two-drum braking systems. However, there is a shift toward all-disc systems in the mid-range segment due to rising demand for SUVs and premium vehicles. Regenerative braking technology is crucial, as it improves energy efficiency by converting kinetic energy into stored energy when braking. This reduces wear on traditional brake components and influences demand. Key trends include using ceramic and composite materials, sensor integration for predictive maintenance, and creating quieter, longer-lasting braking solutions.
"Europe is expected to have a significant market share in the brake friction products market during the forecast period."
Europe is home to developed countries like Germany, the UK, Spain, and France, which lead in automotive safety standards and technology. Over 95% of passenger cars are equipped with all four-disc brakes, while light commercial vehicles (LCVs) have about 65-70% of the same. The EU's General Safety Regulation mandates advanced braking systems, such as Anti-lock Braking System (ABS) and Electronic Stability Control (ESC), for heavy-duty vehicles. The recent Euro 7 regulations also impose strict limits on brake dust emissions, requiring manufacturers to create advanced friction materials and coated rotors to reduce PM10 emissions to 7 mg/km by 2026 and 3 mg/km by 2035.
Countries like Germany, the UK, and France dominate the European automotive industry, led by major OEMs such as BMW, Daimler, and Volkswagen. With the rising focus on safety, there's an increasing demand for high-performance brake friction products. This shift and the move toward electric vehicles (EVs) drive the need for lightweight and energy-efficient braking solutions.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
The brake friction products market is dominated by major players, including Aisin Corporation (Japan), Brembo (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco (US). These companies are expanding their operations to strengthen their market positions.
The report covers the brake friction products market in terms of product type (brake disc, brake pads, drum brake, brake shoe, brake liner), liner type (molded, woven), material (metallic disc, composite disc, ceramic brake disc), vehicle type (passenger car, light commercial vehicle, trucks, buses), off-highway brake friction products (agriculture tractors, construction equipment), electric vehicle brake friction products (BEV & PHEV), brake friction products aftermarket (passenger cars, LCVs, and HCVs) and region. It covers the competitive landscape and company profiles of the significant brake friction products market ecosystem players.
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.