Global Automotive Brake Materials Market, By Component (Brake Bands, Brake Lining, Brake Pads, Brake

Published Date: | Report Code : EQ1958453

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Rapid growth of automotive industry is expected to drive the growth of automotive brake materials market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Braking systems consist of multiple parts such as brake bands, brake lining, brake pads, brake boots and brake blocks. These parts are made up of different types of material such as ceramic, copper, steel, iron, mineral, cellulose, aramid, chopped glass, rubber and brass. These materials must be powerful and able to withstand the wear impacts of scoring, galling and ablation. Because braking generates a great deal of waste heat and deal with high pressure. Along with braking systems are frequently subjected to the atmosphere. Automotive Brake materials should have good thermal properties and conductivity and must also be able to withstand moisture, dust and other environmental variables while maintaining continuous slowing capacities.

Segment Analysis:

The global automotive Brake materials market is segmented on the basis of component, type, and brake type. By brake type, this market is split into disc brakes, and drum brake. Due to its excellent friction characteristics, low cost, relatively easy manufacturing and thermal stability, cast iron is the most widely used disk material. On the basis of type, ceramic material is expected high demand due to they emit noise above the range of human hearing, quieter than semi-metallic pads as well as they have longer lifespan than organic or semi-metallic. The global automotive Brake materials market is expected to boom in the Asia Pacific region because of rapid growth of the automotive in this region countries like India, Japan.

Key Factors Impacting Market Growth:

  • Rapid growth of automotive industry.

  • Research and technology of composite material gives high performance.

Regional Analysis:

Major regions for automotive brake materials market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for automotive brake materials owing to strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be automotive industry. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for automotive brake materials market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others.

Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of automotive brake materials market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for automotive brake materials market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Kor-Pak, Scan Pac, EBC Brakes, Continental, Akebono Brake Industry co., Ltd, Macas Automotive, and Masu Brakes...

Market Segmentation:

By Component:

  • Brake Bands

  • Brake Lining

  • Brake Pads

  • Brake Shoes

  • Brake Blocks

By Type:

  • Ceramic

  • Copper

  • Steel, Iron

  • Mineral

  • Cellulose

  • Aramid

  • Chopped Glass

  • Rubber

  • Brass

  • Other

By Brake Type:

  • Disc Brakes

  • Drum Brake

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Component

    • By Type

    • By Brake Type

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Component

    • By Type

    • By Brake Type

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Component

    • By Type

    • By Brake Type

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Component

    • By Type

    • By Brake Type

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Component

    • By Type

    • By Brake Type

  • Rest of the World

    • By Region (South America, Africa)

    • By Component

    • By Type

    • By Brake Type

Reasons To Buy This Report:

  • Market size estimation of the global automotive Brake materials market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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