Market Overview:
The global automotive braking parts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In addition, the rising awareness about safety and security among consumers is also propelling the demand for automotive braking parts. The global automotive braking parts market by type is segmented into organic black bean powder and conventional black bean powder. The organic black bean powder segment is projected to grow at a higher CAGR than that of conventional black beam powder during the forecast period from 2018 to 2030 owing to its superior performance characteristics as compared with conventional brake powders. The global automotive braking parts market by application is divided into direct and indirect applications.
Product Definition:
The brake system in a car is one of the most important safety features. The automotive braking parts work together to stop the car. The brakes use friction to slow the car down. The brake pedal pushes a piston that pushes fluid through hoses to the brake drums or discs.
Organic Black Bean Powder:
Organic black bean powder is a new material, which has been gaining importance in the automotive braking parts market. It helps to increase the friction between brake pads and discs, thus providing better stopping power. The product also increases the heat resistance of brakes by absorbing heat that would otherwise dissipate from a metal rotor during deceleration. This further reduces fade and ensures longer rotor life with minimal rusting.
Conventional Black Beam Powder:
Conventional black beam powder is a ferromagnetic alloy of iron and steel, which has high magnetic properties. The conventional black beam powder is widely used in automotive braking parts such as the parking brake, emergency breakers and handbrakes. It can also be used in non-automotive applications such as electric motors.
Application Insights:
The direct application segment dominated the global automotive braking parts market in 2017 and is expected to witness significant growth over the forecast period. The direct application includes organic black bean powder as well as conventional black beam powder. Organic black bean powder is preferred for its better heat dissipation properties, which results in improved brake performance.
Conventional products are used for their easy availability at a lower price point and high durability compared to the organic variety.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from electric vehicles and high adoption of advanced safety systems. Europe accounted for a significant revenue share in 2017 on account of rising demand for improved braking efficiency, coupled with stringent government regulations regarding vehicle emissions. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rapid urbanization and increasing automobile production in emerging economies such as China, India, Indonesia, Malaysia and Thailand. Moreover, growing awareness about road safety will drive product demand further.
The market players involved include Bmw Group; BMW AG; Autoliv Inc.; Bosch Security Systems GmbH & Co., Aftermarket Parts; Delphi Automotive PLC; Continental AG (ContiTech); ZF Friedrichshafen AG (ZFF) and Magna International Inc.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising awareness about the safety features of automotive braking parts
- Technological advancements in automotive braking systems
- Stringent government regulations for vehicle safety standards
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Braking Parts Market Research Report
By Type
Organic Black Bean Powder, Conventional Black Beam Powder
By Application
Direct, Indirect
By Companies
NutriCargo, Shaanxi Undersun Biomedtech Corporation, GreenMax, Damin Foodstuff Corporation, Nikkon Foods, Ottogi, Green Image Organic Enterprise Sdn Bhd, Jiangsu Zhenya Biotechnology Corporation, Design Nongboo, Biogreen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Braking Parts Market Report Segments:
The global Automotive Braking Parts market is segmented on the basis of:
Types
Organic Black Bean Powder, Conventional Black Beam Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Direct, Indirect
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NutriCargo
- Shaanxi Undersun Biomedtech Corporation
- GreenMax
- Damin Foodstuff Corporation
- Nikkon Foods
- Ottogi
- Green Image Organic Enterprise Sdn Bhd
- Jiangsu Zhenya Biotechnology Corporation
- Design Nongboo
- Biogreen
Highlights of The Automotive Braking Parts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Black Bean Powder
- Conventional Black Beam Powder
- By Application:
- Direct
- Indirect
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Braking Parts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive braking parts are components that help to stop a car. These parts can be found in both cars and trucks. Automotive braking systems use different technologies, including hydraulic, mechanical, and electronic systems.
Some of the major players in the automotive braking parts market are NutriCargo, Shaanxi Undersun Biomedtech Corporation, GreenMax, Damin Foodstuff Corporation, Nikkon Foods, Ottogi, Green Image Organic Enterprise Sdn Bhd, Jiangsu Zhenya Biotechnology Corporation, Design Nongboo, Biogreen.
The automotive braking parts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Braking Parts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Braking Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Braking Parts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Braking Parts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Braking Parts Market Size & Forecast, 2020-2028
4.5.1 Automotive Braking Parts Market Size and Y-o-Y Growth
4.5.2 Automotive Braking Parts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Black Bean Powder
5.2.2 Conventional Black Beam Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Direct
6.2.2 Indirect
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Braking Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Braking Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Black Bean Powder
9.6.2 Conventional Black Beam Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Direct
9.10.2 Indirect
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Black Bean Powder
10.6.2 Conventional Black Beam Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Direct
10.10.2 Indirect
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Black Bean Powder
11.6.2 Conventional Black Beam Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Direct
11.10.2 Indirect
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Black Bean Powder
12.6.2 Conventional Black Beam Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Direct
12.10.2 Indirect
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Black Bean Powder
13.6.2 Conventional Black Beam Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Direct
13.10.2 Indirect
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Braking Parts Market: Competitive Dashboard
14.2 Global Automotive Braking Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NutriCargo
14.3.2 Shaanxi Undersun Biomedtech Corporation
14.3.3 GreenMax
14.3.4 Damin Foodstuff Corporation
14.3.5 Nikkon Foods
14.3.6 Ottogi
14.3.7 Green Image Organic Enterprise Sdn Bhd
14.3.8 Jiangsu Zhenya Biotechnology Corporation
14.3.9 Design Nongboo
14.3.10 Biogreen
