Sintered Brake Pads Market Size, Share, Trends, Growth and Forecast 2030

Sintered Brake Pads Industry Prospective:

The global sintered brake pads market size was worth around USD 850 million in 2022 and is predicted to grow to around USD 1460 million by 2030 with a compound annual growth rate (CAGR) of roughly 7.0% between 2023 and 2030.          

Request Free Sample

Sintered Brake Pads Market: Overview

Metal particles are fused at a high temperature and pressure to create sintered brake pads, also known as metal sintered or metallic brake pads. Sintered brake pads are employed in the majority of OEM applications, not just on mountain bikes but also on motorcycles and vehicles due to their versatility. In muddy and rainy trail conditions, sintered brake pads will maintain their previous level of traction. Because sintered brake pads might be less influenced by heat buildup, they may perform better for riders that race. Heat production increases as brake pressure increases. On those lengthy, steep descents, sintered brake pads won't fade as much as organic brake pads. The sintered brake pads market is being driven by several factors such as the growing automotive industry, increasing safety regulations & standards, rising demand for high-performance vehicles, and expansion of off-road & recreational vehicles.

Key Insights

• As per the analysis shared by our research analyst, the global Sintered Brake Pads market is estimated to grow annually at a CAGR of around 7.0% over the forecast period (2023-2030).
• In terms of revenue, the global Sintered Brake Pads market size was valued at around USD 850 million in 2022 and is projected to reach USD 1460 million, by 2030.
• The global Sintered Brake Pads market is expected to be driven by several factors such as the increasing automotive industry.
• Based on the type, road-sintered brake pads are expected to dominate the market during the forecast period.
• Based on the application, the OEM segment is expected to dominate the market over the forecast period.
• Based on region, the Asia Pacific is expected to hold the largest market share over the forecast period.

Sintered Brake Pads Market: Growth Drivers

Favorable properties of sintered brake pads drive market growth

A specific kind of brake pad used in automobile braking systems is called a sintered brake pad. Various metal and non-metallic particles are compressed and heated at high temperatures until they fuse to create them during a process known as sintering. Sintered brake pads are ideal for high-performance and heavy-duty applications because they produce a thick and strong composite material with improved friction qualities. The sintering procedure makes it possible for the pad to tolerate extremely high temperatures and powerful mechanical pressures, guaranteeing reliable braking performance even under difficult circumstances. Sintered brake pads are a popular option for enthusiasts, racing teams, and cars that need reliable stopping power because of their great heat dissipation, less fading, and better braking effectiveness. Thus, this is expected to drive the global sintered brake pads market growth during the forecast period.

Sintered Brake Pads Market: Restraints

Produce high noise and vibration hamper the market growth

Sintered brake pads are well known for their performance, although they can make more noise and vibration when braking than other types of brake pads do. Particularly for those seeking quieter braking options, this noise may be seen as a negative. Therefore, the high noise and vibration-producing nature of these brake pads might be a major restraining factor for the sintered brake pads industry expansion to some extent.

Sintered Brake Pads Market: Opportunities

Increasing demand for high-performance and sports vehicles offers an attractive opportunity for market growth

Globally, there is an increasing demand for sports and high-performance vehicles. Sports vehicles are designed for speed and agility, which often means they can reach high velocities. Sintered brake pads offer excellent frictional properties and a high coefficient of friction, providing superior stopping power even at high speeds. This is crucial for maintaining control and safety during aggressive driving maneuvers. Due to their increased stopping power and heat resistance, sintered brake pads are a good fit for these applications. Offering specific sintered brake pads made for high-performance automobiles would allow manufacturers to target this unique market category. Thus, this is expected to offer a lucrative opportunity for sintered brake pads market growth during the forecast period.

Sintered Brake Pads Market: Challenges

Concern related to the environment poses a challenge to market growth

Environmental issues may arise from the usage of certain elements in the making of sintered brake pads, such as copper. Due to its detrimental impact on rivers and aquatic life, several areas have imposed limitations on the amount of copper that may be found in brake pads. To comply with requirements, manufacturers must create ecologically friendly formulas. Thus, posing a major challenge to the market growth during the forecast period.

Sintered Brake Pads Market: Segmentation

The global Sintered Brake Pads industry is segmented based on type, sales channel, and region.

Based on the type, the global market is bifurcated into road sintered brake pads, rail sintered brake pads, and wind turbine sintered brake pads. The road sintered brake pads are expected to dominate the market during the forecast period. The segment growth is attributed to the growing automotive industry. Sintered brake pads are widely used in passenger cars, SUVs, and trucks. They provide excellent stopping power, heat resistance, and durability, making them suitable for everyday driving and performance-oriented applications. For instance, according to Invest India, between April 2021 and March 2022, the automobile industry manufactured a total of 22.93 million vehicles, including passenger cars, commercial trucks, three-wheelers, two-wheelers, and quadricycles. India is the largest tractor, second-largest bus, and third-largest heavy truck producer in the world, giving it a significant position in the global heavy vehicle market. As of November 2022, passenger car sales had reached a record-high 25,04,084 units for the fiscal year 2022–23. In FY23, the industry is predicted to rise by 16%. Thus, this is expected to drive the segment growth over the forecast period.

Based on the application, the global Sintered Brake Pads industry is bifurcated into OEM and Aftermarket. The OEM segment is expected to dominate the market over the forecast period. OEMs provide sintered brake pads that are made particularly for certain car models. During the production process, these brake pads are included as original equipment in the automobiles. OEM brake pads are designed to work exactly as intended by the carmaker, according to all of their criteria and specifications. Moreover, OEM sintered brake pads are renowned for their excellent quality, dependability, and consistency. To make sure that the brake pads fulfill safety and performance criteria, automakers have rigid standards and quality control procedures in place. Thereby, driving the segment growth.

Sintered Brake Pads Market: Report Scope

Sintered Brake Pads Market: Regional Analysis

Asia Pacific is expected to hold the largest market share over the forecast period

The Asia Pacific is expected to hold the largest sintered brake pads market share over the forecast period. The market growth is attributed to the rapidly growing automotive industry. The region is home to some of the world's largest automotive manufacturers, including Japan, South Korea, China, and India. The region has witnessed significant growth in vehicle production and sales, driving the demand for sintered brake pads. For instance, according to the Society of Indian Automobile Manufacturers, A total of 38,90,114 passenger vehicles were sold overall, up from 30,69,523. In comparison to the prior year, sales of Passenger Cars climbed from 14,67,039 to 17,47,376, Utility Vehicles from 14,89,219 to 20,03,718, and Vans from 1,13,265 to 1,39,020 units in FY-2022–23. Sales of commercial vehicles as a whole went up from 7,16,566 to 9,62,468 units. In comparison to the prior year, sales of Light Commercial Vehicles climbed from 4,75,989 to 6,03,465 units while those of Medium and Heavy Commercial Vehicles increased from 2,40,577 to 3,59,003 units. Moreover, according to secondary sources, the total number of automobiles produced in India for the fiscal year 2023 was around 25.93 million units, an increase over the prior year. Therefore, the aforementioned stats drive the market growth in the region.

Sintered Brake Pads Market: Competitive Analysis

The global Sintered Brake Pads market is dominated by players like:

• Akebono Brake Industry
• SBS Friction
• Tianyishangjia New Material
• Knorr-Bremse
• Tokai Carbon Miba
• KUMA Brakes
• CRRC Qishuyan Institute
• Wabtec
• Dawin Friction
• Ferodo
• EBC Brakes
• Industrias Galfer
• Flertex
• Frenotecnica
• Bosun

The global Sintered Brake Pads market is segmented as follows:

By Type

• Road Sintered Brake Pads
• Rail Sintered Brake Pads
• Wind Turbine Sintered Brake Pads

By Application

• OEM
• Aftermarket

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa