India Brakepad Market –Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Car, Two-Wheeler, Commercial Vehicles), By Sales Channel (OEM, Aftermarket), By Material Type (Semi-Metallic, Ceramic, Others), By Region, By Competition, 2020-2030F

Published Date: March - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format

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Forecast Period 2025-2030
Market Size (2024) USD 1.92 Billion
CAGR (2025-2030) 5.28%
Fastest Growing Segment Passenger Car
Largest Market North India
Market Size (2030) USD 2.61 Billion

Market Overview

India Brakepad Market stood at USD 1.92 Billion in 2024 and is anticipated to reach USD 2.61 Billion by 2030 with a CAGR of 5.28% over the forecast period.

Major factors driving the market are the growing automotive industry, increasing vehicle ownership, and enhanced government focus on road safety. The increasing use of electric vehicles (EVs) in India will drive demand for dedicated brakepads used in EV systems. Noise and vibration reduction and product durability are also being prioritized by manufacturers, as they are key drivers for customers. Market growth is further boosted by the development of the aftermarket market, as customers seek quality upgrades and replacements.

Issues confronting the India brakepad market include the unpredictability of raw material prices and low awareness about the need for periodic brakepad repair. Competition from the cheap alternative is also likely to affect profitability of premium segment brakepad players. Increasing disposable incomes and development of vehicle maintenance infrastructure are all set to propel the market to further growth, especially in the urban areas.

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Market Drivers

Rising Vehicle Production and Ownership

Rising urbanization and disposable incomes in India have led to a surge in vehicle ownership, particularly in two-wheelers and passenger cars. With more people able to afford personal transportation, there is a growing demand for both budget-friendly and high-end vehicles, each requiring reliable braking systems to ensure safety and performance. This trend has consequently increased the need for brake pads across the automotive sector, as high-quality, durable brake pads are essential for every vehicle’s braking system.

India’s role as a prominent automotive manufacturing hub also plays a crucial role in meeting this demand. Domestic and global automakers alike are expanding their production facilities within the country, making India a key supplier for both the domestic market and exports. As a result, there is an intensified demand for locally manufactured brake pads to support the production of these vehicles, driving growth within the brake pad industry and solidifying India's position as a vital market. In April 2024, India’s total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles reached 2,358,041 units. During FY23, the country’s automobile exports totaled 4,761,487 units. The automotive sector's contribution to the national GDP grew from 2.77% in 1992-1993 to approximately 7.1% today. The sector also provides direct and indirect employment to around 19 million people.

Focus on Vehicle Safety Standards

The Indian government’s commitment to road safety has led to the implementation of stringent safety regulations, requiring vehicles to be equipped with advanced braking systems. These measures are part of broader efforts to reduce traffic accidents and enhance vehicle safety standards across the country. Among these regulations, mandatory anti-lock braking systems (ABS) for certain vehicle categories and adherence to higher-quality braking components for all vehicles are prominent requirements. As a result, manufacturers must meet these elevated standards, particularly when it comes to brake pads, which are vital for effective braking performance.

These policies push manufacturers to invest in research, technology, and higher-grade materials to produce brake pads that meet regulatory specifications. The focus on safety creates a strong market for reliable, performance-driven brake pads, ensuring consistent demand. With these regulations in place, the brake pad market benefits from steady growth, driven by the ongoing need for components that align with safety priorities and improve vehicle braking efficiency.


MIR Segment1

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Key Market Challenges

Raw Material Cost Fluctuations

The brake pad industry in India faces considerable challenges from fluctuating raw material prices, particularly for essential components like steel, copper, and ceramic. These materials are crucial for manufacturing durable and effective brake pads, but their costs are highly influenced by global economic conditions, supply chain disruptions, and currency exchange rates. Such volatility can have a direct impact on the profit margins of brake pad manufacturers, who must balance the rising production expenses with the need to keep products competitively priced.

In India’s highly price-sensitive market, where affordability is a primary concern, these fluctuations put manufacturers in a difficult position. They can either absorb the additional costs, which squeezes their profit margins, or pass these expenses on to consumers through higher prices, which may reduce demand. Both options carry risks, as quality cannot be compromised in such a safety-critical product. This dynamic creates a challenging landscape for manufacturers, demanding careful cost management to maintain both market share and profitability.

Prevalence of Counterfeit Products

India’s brake pad market grapples with the widespread presence of counterfeit and low-quality products that, while cheaper, compromise vehicle safety and overall performance. These knock-off brake pads are often produced with substandard materials and inadequate quality control, resulting in reduced durability and effectiveness. They appeal to cost-sensitive consumers due to their lower prices, but they pose serious risks, including diminished braking power and increased accident likelihood. For established manufacturers who prioritize quality and invest in research and testing, competing against these counterfeit products presents significant challenges.

The situation is exacerbated by limited enforcement of anti-counterfeit regulations, allowing low-quality products to circulate relatively unchecked in the market. This not only undercuts reputable manufacturers but also weakens consumer trust, as buyers may associate the whole market with subpar options. Genuine manufacturers must work harder to educate consumers on the benefits of authentic, high-quality brake pads while advocating for stricter regulatory actions to curb counterfeit distribution.

Key Market Trends


MIR Regional

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Adoption of Eco-Friendly Brake Pads

Growing environmental awareness and the demand for sustainable automotive products are driving manufacturers to develop eco-friendly brake pads. Traditional brake pads, often made with metals and asbestos, can release harmful dust and pollutants during use, impacting both air quality and public health. As a result, consumers and regulatory bodies are now increasingly looking for products with reduced emissions and made from non-toxic, biodegradable materials. This push for greener alternatives has motivated manufacturers to invest in innovative materials such as organic fibers, ceramic compounds, and low-metallic compositions, which reduce airborne particle release and are more environmentally friendly.

By producing brake pads that meet these sustainability standards, manufacturers not only comply with evolving regulations but also appeal to environmentally conscious buyers who prioritize low-impact products. This shift has reshaped product development in the brake pad market, with eco-friendly options becoming a key differentiator. Consequently, manufacturers gain a competitive edge, attracting customers who value both performance and sustainability.

Increasing Use of Advanced Materials

In the India brake pad market, advanced materials like ceramic and organic compounds are becoming increasingly popular due to their numerous benefits over traditional materials. Ceramic brake pads, for example, offer enhanced durability, which results in longer-lasting performance and less frequent replacements. This is especially important in a price-sensitive market like India, where consumers are looking for cost-effective solutions without compromising on safety. These materials significantly reduce the amount of dust and particulate matter generated during braking, addressing environmental concerns and improving air quality, particularly in urban areas.

Organic compounds, being less abrasive, not only contribute to quieter braking but also cause less wear on the braking system, leading to extended rotor life. This shift towards high-quality, advanced materials aligns with the broader trend of consumers demanding more efficient, low-maintenance automotive components. By meeting these performance and environmental expectations, these materials position manufacturers to better cater to evolving market demands. For instance, In March 2023, TVS Apache, a brake brand of Brakes India, launched platinum brake pads designed for luxury cars, focusing on comfort and a smooth driving experience. These brake pads were developed to meet both front and rear requirements of high-end vehicles. The company launched the platinum brake pads featuring advanced friction technology, targeting the premium vehicle segment.

Segmental Insights

Vehicle Type Insights

The passenger car segment is the growth leader in India brake pad market because of the fast growth in vehicle ownership, driven by rising urbanization, disposable incomes, and an expanding middle class. Passenger cars are extremely popular in India, with players concentrating on addressing India's varied consumer requirements, ranging from low-priced small cars to luxury vehicles. This range has proliferated the need for dependable brake systems, and brake pads have become a must-have for passenger car safety and performance. In addition, the ever-growing urban population and infrastructure growth have increased the demand for individual transportation, which has led to growing car sales and, in turn, brake pad usage. Government initiatives imposing enhanced safety standards in passenger cars have also spurred the growth in this segment. Requirements for anti-lock braking systems (ABS) and other advanced safety equipment result in high-performance, long-life brake pads to meet those requirements. As producers place better brakes in vehicles, they are also putting money into more advanced brake pad material, including ceramic and organic compounds, which have improved performance and less noise.

The strong aftermarket demand for passenger car brake pads also makes its fast growth. With India's high vehicle usage in cities and rising vehicle age, brake pad replacements are most sought after, especially in the aftermarket. Access to cheap, effective brake pads and easy servicing has made car owners find maintenance more convenient. Together, they position passenger cars as the dominant growth driver in the India brake pad market, with projections of sustained demand based on both new vehicle sales and replacement.

Regional Insights

North India was the leader in the India brake pad market owing to a number of strategic benefits, such as a strong automotive production industry, high vehicle population density, and fast urbanization. Large automotive clusters in states like Haryana, Punjab, and Uttarakhand are home to many production units of domestic as well as international automakers, making the region an important manufacturing and supply chain hub for automotive parts, including brake pads. Being close to these production clusters enables effective logistics and affordable distribution of brake pads, making North India a stronger player in the market.

North India has a high vehicle density, particularly in urban pockets such as Delhi NCR, where increasing middle-class incomes have led to rising passenger vehicle ownership. This high vehicle density, along with frequent traffic and tough driving conditions, results in higher wear and tear on brake pads, hence more demand for OEM and aftermarket replacements. In addition, high traffic levels in these areas necessitate regular brake maintenance, further spurring brake pad sales.

The government's emphasis on infrastructure development and road connectivity in North India has fueled demand for vehicles, thereby fueling the demand for high-performance braking systems. In addition, the aftermarket industry in the region, with a large number of service centers and parts distributors, makes it easier to replace brake pads, leading to high aftermarket sales. Local players also enjoy lower transportation costs and faster access to raw materials, which enable them to keep up with the growing demand.

Together, these conditions are responsible for North India's supremacy in the brake pad industry, rendering it a prime contributor to the growth of this sector as a whole in the country. With ongoing infrastructure growth and rising vehicle adoption, North India is likely to continue leading the India brake pad market.

Recent Developments

  • In March 2024, Frasle Mobility continued to expand its global presence, with its India operations playing a key role through a joint venture with ASK Automotive. This partnership facilitated the local production of auto parts, such as brake pads and linings, under the Fras-le brand, tailored to meet the specific needs of the Indian market. With a manufacturing facility in Manesar, the collaboration not only fulfilled domestic demand but also served as a hub for exports to over 100 countries.
  • In March 2023, Brakes India, a joint venture of the TVS Group specializing in braking equipment for both automotive and non-automotive applications, launched ZAP brake pads designed specifically for electric vehicles.
  • In April 2023, ZF Aftermarket introduced three new TRW products for the Indian market. These included TRW shock absorbers, now manufactured locally in India, along with TRW brake pads and brake discs. The brake discs were produced with precise manufacturing tolerances to ensure perfect fitment in the field.

Key Market Players

  • Brakes India Private Limited
  • HL Mando Corp
  • Bosch Limited
  • Endurance Technologies Limited
  • Akebono Brake Corporation
  • DRiV Incorporated 
  • JK Fenner 
  • Rane Holdings Limited
  • Masu Brakes Pvt. Ltd
  • ZF Friedrichshafen AG

By Vehicle Type

By Sales Channel

By Material Type

By Region

  • Passenger Car
  • Two-Wheeler
  • Commercial Vehicles
  • OEM
  • Aftermarket
  • Semi-Metallic
  • Ceramic
  • Others
  • North India
  • West India
  • South India
  • East India

 

 

Table of Content

Here's a Table of Contents (TOC) for a report on the India Brake Pad Market:

Table of Contents

  1. Executive Summary

    • Market Overview
    • Key Findings
    • Market Trends & Opportunities
    • Competitive Landscape
  2. Introduction

    • Definition & Scope
    • Research Methodology
    • Assumptions & Limitations
  3. Market Dynamics

    • Market Drivers
    • Market Restraints
    • Opportunities & Challenges
    • Regulatory Framework
  4. India Brake Pad Market Overview

    • Market Size & Forecast (by Value & Volume)
    • Market Penetration & Growth Analysis
  5. Market Segmentation

    • By Material Type
      • Semi-Metallic
      • Ceramic
      • Organic (NAO)
    • By Vehicle Type
      • Passenger Vehicles
      • Commercial Vehicles
      • Two-Wheelers
    • By Sales Channel
      • OEM (Original Equipment Manufacturer)
      • Aftermarket
  6. Competitive Landscape

    • Market Share Analysis
    • Key Players & Company Profiles
    • Recent Developments & Strategies
  7. Regional Analysis

    • North India
    • South India
    • East India
    • West India
  8. Technological Advancements & Innovations

    • Emerging Materials & Manufacturing Technologies
    • Sustainability & Eco-Friendly Trends
  9. Impact of COVID-19 & Economic Factors

    • Supply Chain Disruptions
    • Recovery Strategies & Future Projections
  10. Future Outlook & Opportunities

    • Market Growth Projections
    • Investment & Expansion Strategies
  11. Conclusion & Recommendations

    • Summary of Key Findings
    • Strategic Recommendations
  12. Appendix

    • Data Sources & References
    • Glossary of Terms

List Tables Figures

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