Global Automotive Brake Pads Market Assessment, By Material [Semi-Metallic, Non-Asbestos Organic, Low-Metallic, Others], By Position Type [Rear, Front], By Sales Channel [OEM, Aftermarket], By Vehicle Type [Passenger Vehicle, Commercial Vehicle, Others], By Region, Opportunities and Forecast, 2017-2031F

The global automotive brake pads market is projected to witness a CAGR of 6.42% during the forecast period 2024-2031, growing from USD 6.6 billion in 2023 to USD 10.86 billion in 2031.

Automotive Brake Pad Market Size & Share Analysis 2031

Global Automotive Brake Pads Market Assessment, Opportunities and Forecast, 2017-2031F

Advent of electric vehicles, high demand for ceramic brake pads, and technological advancements to thrive the market growth. 

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