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.
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).
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.
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
- Front & Rear
- Front
By Sales Channel
- Aftermarket
- OEM
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)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automotive Brake Pad Market, by Material
1.4.2 Asia Pacific Automotive Brake Pad Market, by Position
1.4.3 Asia Pacific Automotive Brake Pad Market, by Sales Channel
1.4.4 Asia Pacific Automotive Brake Pad Market, by Vehicle Type
1.4.5 Asia Pacific Automotive Brake Pad Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Product Launches and Product Expansions
3.2.2 Acquisition and Mergers
3.2.3 Joint Ventures
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep - 2022, Nov) Leading Players
Chapter 4. Asia Pacific Automotive Brake Pad Market by Material
4.1 Asia Pacific Non Asbestos Organic Market by Country
4.2 Asia Pacific Semi Metallic Market by Country
4.3 Asia Pacific Low Metallic NAO Market by Country
4.4 Asia Pacific Ceramic Market by Country
Chapter 5. Asia Pacific Automotive Brake Pad Market by Position
5.1 Asia Pacific Front & Rear Market by Country
5.2 Asia Pacific Front Market by Country
Chapter 6. Asia Pacific Automotive Brake Pad Market by Sales Channel
6.1 Asia Pacific Aftermarket Market by Country
6.2 Asia Pacific OEM Market by Country
Chapter 7. Asia Pacific Automotive Brake Pad Market by Vehicle Type
7.1 Asia Pacific Passenger Cars Market by Country
7.2 Asia Pacific Light Commercial Vehicles Market by Country
7.3 Asia Pacific Two Wheelers Market by Country
7.4 Asia Pacific Heavy Commercial Vehicles Market by Country
Chapter 8. Asia Pacific Automotive Brake Pad Market by Country
8.1 China Automotive Brake Pad Market
8.1.1 China Automotive Brake Pad Market by Material
8.1.2 China Automotive Brake Pad Market by Position
8.1.3 China Automotive Brake Pad Market by Sales Channel
8.1.4 China Automotive Brake Pad Market by Vehicle Type
8.2 Japan Automotive Brake Pad Market
8.2.1 Japan Automotive Brake Pad Market by Material
8.2.2 Japan Automotive Brake Pad Market by Position
8.2.3 Japan Automotive Brake Pad Market by Sales Channel
8.2.4 Japan Automotive Brake Pad Market by Vehicle Type
8.3 India Automotive Brake Pad Market
8.3.1 India Automotive Brake Pad Market by Material
8.3.2 India Automotive Brake Pad Market by Position
8.3.3 India Automotive Brake Pad Market by Sales Channel
8.3.4 India Automotive Brake Pad Market by Vehicle Type
8.4 South Korea Automotive Brake Pad Market
8.4.1 South Korea Automotive Brake Pad Market by Material
8.4.2 South Korea Automotive Brake Pad Market by Position
8.4.3 South Korea Automotive Brake Pad Market by Sales Channel
8.4.4 South Korea Automotive Brake Pad Market by Vehicle Type
8.5 Singapore Automotive Brake Pad Market
8.5.1 Singapore Automotive Brake Pad Market by Material
8.5.2 Singapore Automotive Brake Pad Market by Position
8.5.3 Singapore Automotive Brake Pad Market by Sales Channel
8.5.4 Singapore Automotive Brake Pad Market by Vehicle Type
8.6 Malaysia Automotive Brake Pad Market
8.6.1 Malaysia Automotive Brake Pad Market by Material
8.6.2 Malaysia Automotive Brake Pad Market by Position
8.6.3 Malaysia Automotive Brake Pad Market by Sales Channel
8.6.4 Malaysia Automotive Brake Pad Market by Vehicle Type
8.7 Rest of Asia Pacific Automotive Brake Pad Market
8.7.1 Rest of Asia Pacific Automotive Brake Pad Market by Material
8.7.2 Rest of Asia Pacific Automotive Brake Pad Market by Position
8.7.3 Rest of Asia Pacific Automotive Brake Pad Market by Sales Channel
8.7.4 Rest of Asia Pacific Automotive Brake Pad Market by Vehicle Type
Chapter 9. Company Profiles
9.1 Continental AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Joint Venture:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 Research & Development Expense
9.1.6 SWOT Analysis
9.2 Robert Bosch GmbH
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Brembo S.p.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Joint Ventures:
9.3.4.2 Product Launches and Product Expansions:
9.3.4.3 Acquisition and Mergers:
9.3.4.4 Geographical Expansions:
9.4 ZF Friedrichshafen AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.5.3 Geographical Expansions:
9.5 ITT, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Geographical Expansions:
9.6 ADVICS Co., Ltd. (Aisin Corporation)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 BorgWarner, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.8 Akebono Brake Industry Co., Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Product Category and Regional Analysis
9.8.4 Research & Development Expenses
9.9 Tenneco, Inc. (Apollo Credit Management, LLC)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.10. Brake Parts, Inc. (First Brands Group)
9.10.1 Company Overview
Companies Mentioned
- 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)
Methodology
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