- Brake pads are a critical component of disc braking systems, designed to convert kinetic energy into thermal energy through friction, ensuring effective deceleration and vehicle control. They are widely used in passenger cars, commercial vehicles, and two-wheelers across both front and rear wheel assemblies
- The demand for brake pads is being driven by the expansion of the global automotive sector, increasing average vehicle age, and the growth of electric and hybrid vehicles, which require specialized braking solutions compatible with regenerative systems
- North America dominated the brake pad market with a share of 36.1% in 2024, due to a mature automotive sector, high vehicle ownership rates, and stringent safety regulations
- Asia-Pacific is expected to be the fastest growing region in the brake pad market during the forecast period due to expanding vehicle production, urbanization, and increased disposable incomes
- Front segment dominated the market with a market share of 56.8% in 2024, due to the fact that front wheels handle a majority of the braking force in most vehicles, leading to higher wear rates and replacement frequency. Front brake pads are essential for ensuring vehicle safety and are subject to stringent quality standards across passenger and commercial vehicles alike
