Global Automotive OEM Brake Friction Material Market - Industry Dynamics, Size, And Opportunity Forecast To 2032

The Automotive OEM Brake Friction Material Market is experiencing robust expansion, with market size projected to increase from (15.86 Billion) 2024 to (20.4 Billion) 2032, demonstrating a consistent year-over-year growth rate of 2.80%. Automotive OEM Brake Friction Material Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Non-Asbestos Organic, Semi-Metallic, Ceramic, Low-Metallic, NAO), by Applications (Buses, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two Wheelers) , by End User (OEMs, Aftermarket) And Regions (North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2032

The automotive OEM brake friction material market includes the elements that contribute to vehicle braking system friction generation. Such materials, common to brake pads and shoes, are essential for slowing or stopping the vehicle. They are tailored to be operated by Original Equipment Manufacturers (OEMs) during initial vehicle manufacturing. The market comprises a wide range of friction materials, the character and performance features of which are different from each other. Common types include organic, semi-metallic, and ceramic materials. These substrates are carefully selected and blended to conform to the individual needs of various vehicle types and applications to provide excellent braking performance, life, and safety.

Automotive OEM Brake Friction Material Report Highlights

Report Metrics	Details
Forecast period	2019-2032
Base Year Of Estimation	2024
Growth Rate	CAGR of 2.80%
Forecast Value (2032)	USD 20.4 Billion
By Product Type	Non-Asbestos Organic, Semi-Metallic, Ceramic, Low-Metallic, NAO
Key Market Players	Magna International Ferodo Nisshinbo Holdings EBC Brakes ZF Friedrichshafen Brembo Sumitomo Rubber Industries Tenneco Valeo Meyer Gulch Aisin Seiki Continental Akebono Brake Industry Honeywell Wabco
By Region	North America (United States, Canada, Mexico) South America (Brazil, Argentina, Chile, Rest of South America) Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific) MEA (Middle East, Africa)

Automotive OEM Brake Friction Material Market Trends

A prominent trend is the growing concentration on the design and development of low-metal or metal-free friction materials in order to minimize environmental load and enhance brake dust emissions. Further, developments in material science are prompting the creation of friction materials that achieve better performance features, including increased fade resistance, improved noise/vibration suppression, and increased service life. Another notable trend is the rising need for lightweight, high-performance material to improve vehicle fuel economy and vehicle performance. The trend is being exploited for the design of high-performance composite materials and novel manufacturing processes in order to produce lighter, tougher friction components.

Automotive OEM Brake Friction Material Market Leading Players

The key players profiled in the report are EBC Brakes, Honeywell, Ferodo, Nisshinbo Holdings, Meyer Gulch, Magna International, Tenneco, Valeo, ZF Friedrichshafen, Continental, Aisin Seiki, Sumitomo Rubber Industries, Akebono Brake Industry, Brembo, Wabco

Growth Accelerators

The main drivers in the automotive OEM brake friction material market are the growth in vehicle production and sales worldwide, which result from urbanization and the development of disposable income. Therefore, in response to the increasing demand for high-performance and safer vehicles by consumers, OEs are starting to implement advanced brake systems, which in turn employ superior friction materials in order to provide an increase in stopping power and improved durability. Furthermore, the movement toward electric and hybrid cars is opening up new growth areas in the market, as these types of vehicles necessitate special brake friction materials designed for their specific braking mechanisms. Technological advances in materials, including the creation of lightweight and wear-resistant composites, are contributing to market expansion by enhancing both fuel efficiency and maintenance costs.

Automotive OEM Brake Friction Material Market Segmentation analysis

The Global Automotive OEM Brake Friction Material is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Non-Asbestos Organic, Semi-Metallic, Ceramic, Low-Metallic, NAO . The Application segment categorizes the market based on its usage such as Buses, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two Wheelers. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The automotive OEM brake friction material market competitive landscape is dominated by both the existence of global incumbents and regional firms. Major companies, including Akebono Brake Industry, Brembo S.p.A., and Nisshinbo Holdings, lead the market with their superior technology, broad portfolio products, and capabilities to establish a relationship with leading automotive original equipment manufacturers. These players invest in R&D to create high-performance, long-lasting, and environmentally friendly brake friction materials in order to meet increased demand for lightweight, efficient automotive parts. With the growing attention toward electric and hybrid cars, the competition has increased, with the subjects trying to innovate friction materials with the specific braking demand of these newer cars.

Challenges In Automotive OEM Brake Friction Material Market

The automotive OEM brake friction material market is exposed to serious challenges, mostly caused by heavy environmental regulations. Governments across the globe are striving to eliminate polluting emissions from brake dust (Q3), prompting manufacturers to introduce eco-friendly materials (Q1), which in turn will lead to the increased cost of production and make the design process more complex. The trade-offs between performance, durability, and environmental compliance continue to pose challenges, especially when older materials like asbestos are replaced by greener substitutes. A significant challenge is the increasing market penetration of electric vehicles (EVs) equipped with regenerative braking that minimizes the use of traditional friction materials. This shift also creates a major long-term risk to market demand with the increasing popularity of EVs. Moreover, fluctuating raw material prices and supply chain disruptions can affect production costs and profitability of manufacturers, leading to even more market uncertainties.

Risks & Prospects in Automotive OEM Brake Friction Material Market

The automotive OEM brake friction material market also offers a number of substantial growth opportunities. The growing need for vehicles globally, the increase in safety regulations, and a striving for enhanced braking performance are promoting the need for high-quality and new friction materials. Major opportunities are the creation of next-generation materials that are more performance-orientated, i.e., better fade, less noise and dust, and longer service life. Furthermore, the bidirectional integration of high technologies, including sensors and electronics, into braking systems offers potential for intelligent and networked braking solutions.

Key Target Audience

The main customer group of the automotive OEM brake friction material market, among others, is automobile manufacturers, who are engaged in the design and manufacturing of passenger cars, commercial vehicles, and two-wheelers. These original equipment manufacturers (OEMs) depend on high-quality brake friction materials in order to improve braking performance, safety, and longevity in their vehicle products. Luxury and performance vehicle manufacturers are particularly significant consumers, as they demand advanced materials that can withstand high thermal and mechanical stress.,, Other critical stakeholders include brake system suppliers and component manufacturers who develop and integrate brake pads, shoes, and linings into vehicle systems. Also, raw material suppliers and material chemical companies that supply ceramic, metallic, or organic composites contribute significantly to the market.

Merger and acquisition

Recently, the market for the automotive OEM brake friction material industry has witnessed M&As, including strategic mergers and acquisitions, to strengthen competitiveness and broaden product lines. As of January 2024, Nisshinbo Holdings acquired TMD Friction in an effort to consolidate its position in the brake friction market and improve its technological capabilities in the area of high-performance materials production. This purchase is intended to enable Nisshinbo to use TMD expertise in high-performance brake materials that will allow Nissbo to gain market share in both automobiles and commercial vehicle markets. In addition, Robert Bosch GmbH has been actively extending its footprint through a share purchase of Aisin Seiki, working towards the co-creation of innovative next-generation braking technology. This partnership aims to integrate advanced technologies into their product lines, responding to the automotive industry's shift towards electric vehicles and enhanced safety features. >

Analyst Comment

"The automotive OEM brake friction material market is consistently growing due to these factors that include the rise in vehicle production, stricter safety regulations, and the brake technology innovation. Factors driving this increase are the increased demand for high-performance cars, the increasing use of advanced driver-assistance systems (ADAS), and the greater emphasis on fuel saving. The market is comprised of a heterogeneous set of actors, ranging from the global champions of the automotive market to more specialized Tier 1 suppliers, as well as smaller regional players. Current leading stakeholders are devoting significant funds to research and development for novel materials with advanced performance properties, including low noise/dust, increased fade resistance, and better wear resistance."