During the projected period of 2022–2030, the brake friction products market is anticipated to expand at a compound annual growth rate (CAGR) of 3.7%.
Products used in brake friction include those that help slow down or stop a moving object. These comprise a range of items such brake pads, shoes, drums, rotors, discs, and liners. The back of the brake pads, which are a crucial component of the disc braking system, is made of asbestos or has a semi-steel plating. The vehicle can stop more easily thanks to these pads since they transform kinetic energy into mechanical energy.

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Growth Drivers:
Globally rising safety standards and concerns, an increase in traffic accidents, more stringent emission standards for stopping distance and vehicle safety, particularly in Europe and North America, and an increase in the demand for and installation rate for brake discs in passenger cars are the main factors propelling the growth of this market.
Additionally, the rate of global automobile production expansion is accelerating. Every vehicle needs brakes because they help with stopping or slowing down the vehicles. There is a rising need for brake components as a result of increased vehicle production. Additionally, as traffic congestion increases worldwide, more people are using their brakes while driving. This increase in brake usage causes the brake shoe size to shrink, the brake pads to perform worse, and the braking force to diminish. As a result, it becomes necessary to change the brake shoes or brake pads. The market for brake friction products is being fuelled by all of these reasons in a big way.
However, factors like the global ban on using asbestos as a friction material and the rapid development of brake technologies to reduce the use of friction material are anticipated to limit the growth of the market for brake friction products to some extent during the forecast period.

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Brake Friction Products Market Segmentation:
By Product Type:
• Brake Discs
• Brake Pads
• Drum Brakes
• Brake Shoes
• Brake Liners

By Vehicle Type:
• Passenger Cars
• LCVs
• HCVs

By Market Type:
• Original Equipment Supplier (OES)
• Independent Aftermarket

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Companies in Brake Friction Products Market:
• Continental
• Delphi Automotive
• SGL Carbon AG
• Robert Bosch
• AISIN CORPORATION
• Nisshinbho Holdings Inc.
• Brembo S.p.A
• Tenneco Inc.
• Federal-Mogul
• TRW
• Gold Phoenix
• Klasik
• BoyunAkebono Brake Industry
• Bendix
• Sangsin
• Longji Machinery
• MIBA AG
• BPW
• Hongma
• Other Players

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