Automotive Brake Pad Market - Growth, Trends & Share

Automotive Brake Pad Market Analysis

The Automotive Brake Pad Market size is estimated at USD 17.19 billion in , and is expected to reach USD 20.28 billion by , growing at a CAGR of 3.25% during the forecast period (-).

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The automotive brake pad market is experiencing dynamic growth and transformation, driven by a combination of factors, including changing consumer preferences, increasing vehicle production, and the growing focus on vehicle safety. The growth of the market depends on several factors, such as the rise in demand for lightweight and advanced friction materials, such as ceramic and asbestos organic composites, the rising number of product launches, increasing awareness regarding passenger and pedestrian safety and increasing safety regulations by the government.

Furthermore, rapid urbanization, traffic congestion, and the growing demand for high-performance vehicles are propelling the demand for passenger and electric vehicles (EVs). The proliferation of electric vehicles is presenting opportunities for brake pad manufacturers to develop specialized solutions tailored to the unique requirements of regenerative braking in EVs. This surge in demand for automobiles, in turn, augments the brake pad market.

Moreover, the growing focus by the premium and luxury car manufacturers to manufacture new products with enhanced features and growing demand for passenger car sales in developed nations is further expected to drive the automotive brake pads market growth during the forecast period. Industry players are frequently launching new products with customized braking designs for trucks and SUVs is expected to accelerate the market growth during the forecast period. However, increases in the prices of raw materials and stringent regulations such as toxic substances control are likely to restrain the market's growth.

The Asia-Pacific region is projected to dominate the market due to the increasing sales of vehicles, as well as an uptick in disposable income among consumers. This is further bolstered by the availability of inexpensive labor and raw materials in emerging economies throughout the forecast period. China and India serve as catalysts for growth within the region, as they contribute to the rising demand for the product. China, in particular, is anticipated to emerge as a major player in the industry due to a surge in serious accidents and an expanding fleet, which is expected to further contribute to the growth of the business.

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In a properly functioning brake system the pistons in calipers must be free to move (in both directions). When brakes are applied, the fluid is under very high pressure thus generally the pistons will extend when brakes are applied given enough force on the brake pedal, but when calipers are sticking the much lower force of the rotor wobbling between brake pads won't be sufficient to push the pistons back into the calipers for the tiny gap required when brakes are not in use. When this happens, brakes smoke (and wear at an abnormally high rate).

Had to rent a heavy duty tool because mine kept spinning.

If the normal tool for retracting the pistons failed to move one or both of your pistons, the calipers aren't operating properly. Even if a heavier duty tool managed to retract the calipers enough for you to be able to fit in the new brake pads, this tool doesn't help when you are driving and the pistons must release the pads from the force of the rotor wobbling.

Get new or rebuilt calipers or rebuild them yourself. Rear calipers tend to cost more than the front calipers because they have more parts, which makes DIY rebuilds save more money compared to rebuilding front calipers but also more complex. For street cars, using e.g. RockAuto to source rebuilt calipers is a very sensible choice.

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