Asia-Pacific Automotive Brake Shims Market to 2032
Overview
The Asia-Pacific Automotive Brake Shims Market is expected to reach a 259.91 USD Million by 2032 and is projected to grow at a CAGR of 5.84% from 2025 to 2032.
Revenue, 2024 (USD Million)
174.64
Forecast, 2032 (USD Million)
259.91
CAGR, 2024 - 2032
5.84%
Report Coverage
Asia-Pacific
Asia-Pacific Automotive Brake Shims Market 2018-2032 USD Million
Asia-Pacific Automotive Brake Shims Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 174.64 USD Million
- Projected Market Size (2032): 259.91 USD Million
- CAGR (2025-2032): 5.84%
Key Findings of Asia-Pacific Automotive Brake Shims Market
- The Asia-Pacific Automotive Brake Shims Market was valued at 174.64 USD Million in 2024.
- The Asia-Pacific Automotive Brake Shims Market is likely to grow at a CAGR of 5.84% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment New OEM in Sales Channel Segment accounted for the largest share of the market with a revenue of 107.02 USD Million
- The fastest growing segment Passenger Cars in Vehicle Type Segment grew Fastest with a CAGR of 6.37% during the forecast period from 2024 to 2032.
Asia-Pacific Automotive Brake Shims Market Scope
Asia-Pacific Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Asia-Pacific Automotive Brake Shims Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 174.64 USD Million |
| Market Value in 2032 | 259.91 USD Million |
| CAGR (2025-2032) | 5.84% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Material,Function,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 174.64 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 53.77 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Automotive Brake Shims Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a revenue of 79.85 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a Growth rate of 6.37 % in forecast period 2025-2032.
-
Asia-Pacific Automotive Brake Shims Market to 2032, By Material
- Stainless Steel is the largest segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a revenue of 77.14 USD Million in the year 2024.
- Stainless Steel is the Fastest growing segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a Growth rate of 6.34 % in forecast period 2025-2032.
-
Asia-Pacific Automotive Brake Shims Market to 2032, By Function
- Noise Reduction is the largest segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a revenue of 81.08 USD Million in the year 2024.
- Noise Reduction is the Fastest growing segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a Growth rate of 6.33 % in forecast period 2025-2032.
-
Asia-Pacific Automotive Brake Shims Market to 2032, By Sales Channel
- New OEM is the largest segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a revenue of 107.02 USD Million in the year 2024.
- New OEM is the Fastest growing segment in Asia-Pacific Automotive Brake Shims Market to 2032 with a Growth rate of 6.23 % in forecast period 2025-2032.
Asia-Pacific Automotive Brake Shims Market Company Share Analysis
| Company Name |
|
||
| Nisshinbo Holdings Inc. | |||
| ZF Friedrichshafen AG | |||
| Trelleborg AB (publ) | |||
| Hella Pagid GmbH | |||
| ADVICS Aftermarket North America | |||
Asia-Pacific Automotive Brake Shims Market Geographical Sales Distribution, 2018-2032 USD Million
Asia-Pacific Automotive Brake Shims Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Asia-Pacific Automotive Brake Shims Market was valued at USD 174.64(Revenue in USD Million) in 2023.
Asia-Pacific Automotive Brake Shims Market is projected to grow at a CAGR of 5.84% during the forecast period of 2024 to 2032.
The New OEM segment is expected to dominate the Asia-Pacific Automotive Brake Shims Market, holding a largest market share of 107.02 USD Million in 2024
Asia-Pacific Automotive Brake Shims Market Scope
Asia-Pacific Automotive Brake Shims Market Segmentation & Scope
Vehicle Type
- Two Wheelers
- Commercial Vehicles
- Passenger Cars
Material
- Others
- Aluminum
- Rubber Coated
- Stainless Steel
Function
- Heat Dissipation
- Vibration Damping
- Noise Reduction
Sales Channel
- Aftermarket
- New OEM
Frequently Asked Questions
The Asia-Pacific Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Asia-Pacific Automotive Brake Shims Market was valued at USD 174.64(Revenue in USD Million) in 2023.
Asia-Pacific Automotive Brake Shims Market is projected to grow at a CAGR of 5.84% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Automotive Brake Shims Market for final year is USD 259.91 (USD Million).
Asia-Pacific Automotive Brake Shims Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Automotive Brake Shims Market is segmented based on Segmentation Vehicle Type,Material,Function,Sales Channel.
Asia-Pacific Automotive Brake Shims Market was valued at USD 174.64(Revenue in USD Million) in 2023.
Asia-Pacific Automotive Brake Shims Market is projected to grow at a CAGR of 5.84% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Automotive Brake Shims Market for final year is USD 259.91 (USD Million).
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