Automotive Brake Pads Market Outlook:
Automotive Brake Pads Market size was valued at USD 8.26 billion in 2025 and is likely to cross USD 12.34 billion by 2035, expanding at more than 4.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of automotive brake pads is assessed at USD 8.56 billion.
The growing demand for vehicles worldwide is a major factor that has contributed to this growth. In 2023, global vehicles production is estimated to reach around 26,413,029 vehicles as reported by International Organization of Motor Vehicle Manufacturers (OICA). The number of car buyers has increased significantly, which is leading to an increase in demand for brake drums as a result of rising incomes and urbanization.