The global brake friction products market is projected to reach USD 15.52 billion by 2032 from USD 13.32 billion in 2025, at a CAGR of 2.2%.
The rising demand for disc brakes, especially in passenger cars, the rise in stopping distance mandates, the demand for high-performing brakes, and vehicle safety are expected to raise the demand for brake friction products. The increasing adoption of EVs and advancements in brake friction product technology to improve vehicle performance and efficiency are also expected to drive market growth. Furthermore, the growing use of lightweight components has increased the demand for high-quality brake friction products and materials used for friction.
The wet brakes market is expected to be the largest and fastest-growing during the forecast period.
Wet brakes, known as oil-immersed disc brakes, have been more extensively used in agricultural tractors and construction equipment because of their durability, less maintenance, and excellent performance under adverse environments. Unlike dry brakes, wet brakes use multiple discs and continuous lubrication for higher friction coefficients that should help avoid overheating with better reliability and safety. Recent trends highlight a high installation rate of hydraulic wet brakes: over 80% in agricultural tractors, driven by increased farm mechanization and advancements such as dual-line braking for higher-speed equipment. In January 2024, CNH Industrial integrated upgraded wet disc brake systems in its next-gen Case IH tractors, citing improved heat dissipation and reduced wear. The shift toward electrification and autonomous off-highway equipment also encourages OEMs to adopt wet disc brakes, as they provide better control in regenerative and electronic braking systems. Wet brakes will be the most accepted by 2032 since they have more strength than dry brakes in durability and performance.
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The HCV segment is estimated to be the fastest-growing brake friction products aftermarket during the forecast period.
Heavy commercial vehicles (HCVs) are crucial for freight transport and the construction industries due to their ability to carry heavy loads. Heavy commercial vehicle (HCV) sales are rising due to several factors: the boom in e-commerce, which increases demand for freight transport; government infrastructure investments; and rapid urbanization driving public transport needs. According to OICA, HCV sales rose 13% in 2023 to 27 million units; in 2024, they increased by 1.2%. This can be due to the enhanced growth of logistics and e-commerce. About 80–90% of HCVs worldwide adopt drum brakes, with an average yearly mileage of 29,000 to 30,500 miles, with friction product replacement. As a result of increased infrastructure and construction activities, the demand for HCVs is likely to increase, further enhancing the brake friction aftermarket.
Brake friction aftermarket: The brake friction products market remains strictly dominated by many key players, including Robert Bosch GmbH, Aisin Corporation, ZF Friedrichshafen AG, Brembo, and Tenneco. For instance, in November 2024, TTX Brakes launched a premium lineup of brake pads for commercial vehicles and fleets, featuring five customized formulations, including first-to-market CeraPhite and SuperMet technologies.
“North America is expected to grow significantly during the forecast period.”
North American countries include the US, Canada, and Mexico. The US is primarily led by the US, which is also the biggest automotive market. The US’s extensive customer base with high disposable incomes drives demand for vehicle ownership, hence stimulating increased local manufacturing activities by the local automotive OEMs.
The North American market is expected to expand with the increasing vehicle sales. In addition, the region is also continuously escalating the quality of materials and manufacturing techniques, which allows for better usage and a longer service life for brake friction products. As a result of the increased usage of SUVs and pickup trucks for off-road activities and long-distance travel, the demand for effective braking mechanisms is on the upswing, thereby increasing the demand for friction products of good quality. They are mainly used in rugged terrains requiring dependable braking for safety and performance.
Key Players
The major players in the brake friction products market include Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany), Brembo S.p.A. (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco Inc. (US). These companies offer brake friction products for automakers and have strong global distribution networks. Companies are also actively collaborating with global OEMs and launching new products to expand their market presence. For instance, in September 2024, ZF launched the OnGuardMAX advanced driver assistance system (ADAS) and the mBSP XBS modular brake platform for the European commercial vehicle (CV) market.
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