Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Brake Pads & Friction Materials
Overview
Market size
$9,200
global, USD
CAGR
3.5%
base to forecast
Buyer power
-2.3
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$10927
What changed
Demand by region
Asia Pacific demand45%
Europe demand25%
North America demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Raw Materials (Steel backing plates, resins, metallic powders, and fibers)40%
Direct Labor and Precision Manufacturing25%
Energy and Heat Treatment Utilities15%
Logistics and Specialized Packaging12%
Quality Control, Testing, and Compliance Compliance8%
share of delivered cost (analyst estimate)