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Middle East and Africa Automotive Brake Pads Market Forecast to 2028 – COVID-19 Impact and Regional Analysis By Material Type (Metallic Brake Pad, Semi-Metallic Brake Pad, Ceramic Brake Pad, Asbestos Brake Pad, and Non-Asbestos Organic Brake pad) and Vehicle Type (Commercial Vehicle and Passenger Cars)

The MEA automotive brake pads market is expected to grow from US$ 33.32 million in 2021 to US$ 36.94 million by 2028; it is estimated to grow at a CAGR of 1.5% from 2021 to 2028.

The rise in demand for low-emission vehicles, coupled with supportive government regulations such as subsidies & tax rebates for adopting zero-emission vehicles, is a potential trend driving the market. As per the IEA data, in 2020, the electric car stock peaked the market with 10 million vehicle sales, a 43% increase from 2019. In electric vehicles (EVs), a regenerative-hydraulic hybrid braking system is used. In the event of applying the brake, regenerative braking torque offers the same deceleration rate as available in conventional vehicles, further, the hydraulic braking torque is applied. Electric vehicles are silent in operation, wherein the traditional brake pad creates noise, making it unfavorable for use in electric vehicles. Thus, the growing adoption of electric vehicles is further fueling the demand for advanced brake pads catering to the EV industry. For instance, in 2021, NRS Brakes specifically engineered the brake pads for hybrid or electric vehicles using rust-resistant galvanized steel. In November 2021, NRS Brakes, a leading manufacturer of EV brake pads, expanded its line of brake pads for all-electric and hybrid vehicles such as Tesla Model 3 and Ford Mustang Mach-E. Thus, such trends for developing brake pads for the EV industry are fueling the market outlook across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA automotive brake pads market . The MEA automotive brake pads market is expected to grow at a good CAGR during the forecast period.

MEA Automotive Brake Pads Market Revenue and Forecast to 2028 (US$ Million)

MEA Automotive Brake Pad Market Segmentation

The MEA automotive brake pad market is analyzed based on material type, vehicle type, and country. Based on material type, the market is segmented into metallic brake pads, semi-metallic brake pads, ceramic brake pads, asbestos brake pads, and non-asbestos organic brake pads. The non-asbestos organic brake pads segment dominated the market in 2020, and the semi-metallic brake pads segment is expected to be the fastest-growing during the forecast period. Based on vehicle type, the market is segmented into commercial vehicle and passenger car. The passenger cars segment dominated the market in 2020 and is expected to grow faster during the forecast period. Based on country, the MEA automotive brake pad market is segmented into the France, Germany, UK, Italy, Russia, and Rest of Europe. ACDelco; AKEBONO BRAKE INDUSTRY CO., LTD.; Brake Parts Inc. LLC.; Brembo S.p.A.; Hebei Huahua Friction Material CO., Ltd.; Robert Bosch GmbH; SANGSIN BRAKE; Util Industries S.p.A; and ZF Friedrichshafen AG are among the leading companies in the MEA automotive brake pad market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. MEA Automotive Brake Pads Market – Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Production and Sales of Automotive Vehicles
5.1.2 Rising Investments by Brake Pads Manufacturers in Expanding Production Capacity
5.2 Market Restraints
5.2.1 High cost of raw materials
5.3 Market Opportunities
5.3.1 Increasing Technological Advancements for Lightweight and Environment Friendly Braking System
5.4 Trends
5.4.1 Growing Adoption of Electric Vehicles Propels the Usage of Brake Pads
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Brake Pads Market – MEA Analysis
6.1 Overview
6.2 MEA Automotive Brake Pads Market Revenue and Forecast to 2028 (US$ Mn)
7. MEA Automotive Brake Pad Market Analysis – By Material Type
7.1 Overview
7.2 MEA Automotive Brake Pad Market Breakdown, by Material Type, 2020 & 2028
7.3 Metallic Brake Pad
7.3.1 Overview
7.3.2 Metallic Brake Pad Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Semi-Metallic Brake Pad
7.4.1 Overview
7.4.2 Semi-Metallic Brake Pad Market Revenue and Forecasts to 2028 (US$ Mn)
7.5 Asbestos Brake Pad
7.5.1 Overview
7.5.2 Asbestos Brake Pad Market Revenue and Forecasts to 2028 (US$ Mn)
7.6 Non-Asbestos Organic Brake Pad
7.6.1 Overview
7.6.2 Non-Asbestos Organic Brake Pad Market Revenue and Forecasts to 2028 (US$ Mn)
8. MEA Automotive Brake Pad Market Analysis – By Vehicle Type
8.1 Overview
8.2 MEA Automotive Brake Pad Market Breakdown, By Vehicle Type, 2020 & 2028
8.3 Commercial Vehicle
8.3.1 Overview
8.3.2 Commercial Vehicle Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Passenger Cars
8.4.1 Overview
8.4.2 Passenger Cars Market Revenue and Forecasts to 2028 (US$ Mn)
9. MEA Automotive Brake Pad Market – Country Analysis
9.1 Overview
9.1.1 MEA: Automotive Brake Pads Market Revenue Share, by Country
9.1.1.1 UAE: Automotive Brake Pads Market – Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 UAE: Automotive Brake Pads Market Breakdown, by Material Type
9.1.1.1.2 UAE: Automotive Brake Pads Market Breakdown, by Vehicle Type
9.1.1.2 Saudi Arabia: Automotive Brake Pads Market – Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 Saudi Arabia: Automotive Brake Pads Market Breakdown, by Material Type
9.1.1.2.2 Saudi Arabia: Automotive Brake Pads Market Breakdown, by Vehicle Type
9.1.1.3 South Africa: Automotive Brake Pads Market – Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 South Africa Automotive Brake Pads Market Breakdown, by Material Type
9.1.1.3.2 South Africa Automotive Brake Pads Market Breakdown, by Vehicle Type
9.1.1.4 Rest of MEA: Automotive Brake Pads Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 Rest of MEA: Automotive Brake Pads Market Breakdown, by Material Type
9.1.1.4.2 Rest of MEA: Automotive Brake Pads Market Breakdown, by Vehicle Type
10. Industry Landscape
10.1 Overview
10.2 Agreements, Collaborations and Joint Ventures
10.3 New Product Launches
10.4 Expansion and Other Strategic Developments
11. Company Profiles
11.1 ACDelco
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 AKEBONO BRAKE CORPORATION
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Brake Parts Inc. LLC.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Brembo S.p.A.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Hebei Huahua Friction Material CO., Ltd.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Robert Bosch GmbH
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SANGSIN BRAKE
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 ZF Friedrichshafen AG (TRW Automotive)
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Util Industries S.p.A.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms

LIST OF TABLES

Table 1.             MEA Automotive Brake Pads Market Revenue and Forecast to 2028 (US$ Mn)
Table 2.             Middle East and Africa: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Country (US$ Mn)
Table 3.             UAE: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Material Type (US$ Mn)
Table 4.             UAE: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Mn)
Table 5.             Saudi Arabia: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Material Type (US$ Mn)
Table 6.             Saudi Arabia: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Mn)
Table 7.             South Africa: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Material Type (US$ Mn)
Table 8.             South Africa: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Mn)
Table 9.             Rest of MEA: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Material Type (US$ Mn)
Table 10.          Rest of MEA: Automotive Brake Pads Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Mn)
Table 11.          Glossary of Terms
 

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● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA automotive brake pads market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the MEA automotive brake pads market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the automotive brake pads market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Middle East and Africa Automotive Brake Pads Market

● ACDelco
● AKEBONO BRAKE INDUSTRY CO., LTD.
● Brake Parts Inc. LLC.
● Brembo S.p.A.- Global
● Hebei Huahua Friction Material CO., Ltd.
● Robert Bosch GmbH
● SANGSIN BRAKE
● Util Industries S.p.A
● ZF Friedrichshafen AG

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