Automotive Backing Plate Market Outlook (2022 to 2032)

The global Automotive Backing Plate market was valued at around US$ 590.6 Million in 2021, with a projected CAGR of 4.9% for the next ten years, the market is likely to reach a valuation of nearly US$ 994 Million by the end of 2032.

Attributes Details
Automotive Backing Plate Market Size (2021A) US$ 590.6 Million
Automotive Backing Plate Market Size (2022E) US$ 613.4 Million
Projected Market Value (2032F) US$ 994 Million
Global Market Growth Rate (2022 to 2032) 4.9% CAGR
Share of Top 5 Countries More than 53%
North America Market Share (2021) ~41.4%
United States Growth Rate (2022 to 2032) ~4.2%
Key Countries Profiled
  • Super Circle
  • NUCAP Industries Inc
  • MAT Foundry Group Ltd.
  • INDUS Marmara Auto Components Pvt Ltd.
  • Dorman Products
  • Ridex GmbH
  • Ortlinghaus-Werke GmbH
  • Sparex
  • RSB Tech Solution
  • ACDelco

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Sales Analysis of Automotive Backing Plate Market from 2017 to 2021 Vs Market Outlook for 2022 to 2032

Future Market Insights’ analysis reveals that the market for automotive backing plates from 2017 to 2021 grew at a CAGR of 3.9%. With an absolute dollar opportunity of US$ 380.6 Million, the market is projected to reach a valuation of US$ 994 Million by 2032.

The top brake material used in the automotive backing plate is aluminum. Aluminum-based automotive backing plate reported a 3.5% CAGR from 2017 to 2021 and is expected to achieve a growth rate of 4.8% during the forecasted year of 2022 to 2032.

Every braking system relies on backing plates to function properly. Its primary role is to hold the other brake system components together. Drum brakes are supported by backing plates. Brake shoes are then installed over the backing plate's wheel cylinder, providing the necessary grip to stop the vehicle from using friction. Without backing plates, brakes would not have something to rely on.

The market for disc brakes in the automotive backing plates will witness steady growth and is set to witness a 4.6% CAGR, during the forecasted period of 2022 to 2032. Disc brake reported a 3.4% CAGR between 2017 and 2021. Disc brakes are commonly preferred in the automobile backing plate market as it is lighter than drum brakes and has a greater cooling effect due to their location of being directly exposed to air.

Disc brakes are most commonly seen in passenger automobiles, but due to their consistent performance at higher speeds and resistance to brake fade, they are slowly making their way into the commercial vehicle category, where drum brakes were formerly preferred due to their longer service life. Customers are increasingly demanding longer service life and higher quality.

Most disc brake pads use steel backing plates, while some often go for aluminum or titanium-backed pads. Aluminum brake material types are lighter to use and do not rot or delaminate from the backing plate. Stainless steel is another option used in the automotive backing plate. Due to the proximity of water, stainless steel is widely employed in the manufacturing of backing plates.

Stamped hole backing plates have holes in the backing plate and are made out of steel. Over 95% of the passenger vehicle are comprised of stamped hole back plates. However, their use is declining in Commercial Vehicles because these backing plates are not sufficient enough to hold the strength of heavy vehicles.

Wire mesh steel plate is another segment driving the market for commercial vehicle brake pads. They are used in medium and heavy-duty brakes as they can provide better strength than hole-stamped hole backing plates. The only drawback is that they are more expensive than stamped hole backing plates.

OE manufacturers are largely engaging in manufacturing cast iron back plates. Cast iron backing plate exhibits shear strength for the brake pad due to its architecture. As a result, they are suitable for commercial vehicle brake pads. OE manufacturers are using cast iron back plates in SCANIA, VOLVO, and other heavy commercial vehicles.

What is the market outlook for OEM and aftermarket sales channels for the automotive backing plate?

The aftermarket sales channel is likely to dominate the automotive backing plate market. Original equipment backing plates often get rusted in millions of passenger vehicles, leading to exposure of certain brake components like brake shoes, springs, and hardware damage. Salvaging and evaluating the damaged components is a tedious task. Therefore, numerous aftermarket has expanded their production capacity to offer replacement components for vehicles.

Dorman, a leading automotive supplier in the aftermarket launched backing plates that provide the one-stop solution for all brake components and assist in eliminating misdiagnosis, and incorrect repair and releasing tens of thousands of replacement products engineered to save time and money.

Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Regional-wise Insights

How is the market for automotive backing plate market shaping up in Europe?

Europe’s market revenue in the automotive backing plate market during 2021 was US$148.2 Million. Its expected market revenue during 2032 is expected to expand by 249.4 Million. United Kingdom achieved a growth rate of 2.6% from 2017 to 2021. The growth can be attributed to rising in the aftermarket sales channel. For instance, MAT Foundry group headquartered in United Kingdom is a leading manufacturer of automotive components. It produces more than 10 million brakes and backing plates a year. It is expected that the market will attain a 3.6% CAGR from 2022 to 2032. The absolute dollar opportunity growth of United Kingdom in the automotive backing plates is US$ 11.9 Million by 2032.

Country-wise Insights

How USA Continue to be the Nucleus of the Global Automotive backing plate market?

The World’s Factory to retain its Dominance in Automotive Backing Plate Manufacturing

The market for Automotive backing plates is expected to be valued at US$ 337.4 Million by 2032. It witnessed a growth rate of 3.6% during 2017 to 2021 and is expected to achieve a 4.2% CAGR during the forecast period. Besides, automotive components are increasingly available on e-commerce platforms in the USA Moreover, people are keeping vehicles for a longer duration. According to S&P Mobility, 32 Million USA cars are more than 12 years old. This factor is expected to drive the demand for automotive brake components in the market. The absolute dollar opportunity growth in USA stands at US $114.2 Million from 2022 to 2032.

How is Demand for Automotive backing Plate Shaping Up in China?

In 2021, China held the second largest market share in the automotive backing plate market after the USA It accounted for 34% of the global market for backing plates in 2021. The market in China is expected to reach a valuation of US$ 66.8 Million by 2032. Revenue through the automotive backing plate in China grew by 3.1% from 2017 to 2021. Most of the backing plates are imported from China. China exports most of its backing plate to India, the USA, and Vietnam.

As of 2021, based on Volza Grow Global statistics, backing plate export shipments from China accounted for 27.8 thousand. It is expected that the market will account for a growth rate of 4% in the backing plate market during the forecast period. With these statistics, it will be no wonder to expect China as a market with a US$ 21.5 Million absolute dollar opportunity between 2022 and 2032.

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Category-wise Insights

Why Automotive Backing Plate Market Depends Nearly Solely on Aluminium brake material?

Most automotive backing plate manufacturers currently use automotive aluminum as their base material

Aluminum-based braking plate remains the key segment in the automotive backing plate market. The growth rate of the aluminum-based backing plate from 2017 to 2021 was 3.5% Aluminium alloys are easy to manufacture and are comparatively lightweight and compact. Besides, it holds corrosion back and is an ideal material for a replacement among aftermarkets. Aluminum is highly preferable for light-duty applications. Revenue through aluminum-based braking plates is expected to achieve a 4.8% CAGR during the forecasted period of 2022 to 2032.

Competitive Landscape

With the ever-increasing demand for automobiles, manufacturers are concerned with expanding their global footprint and collaborating in joint ventures. The key focus of the competitive Industries is to thrive in the global market for automotive components by expanding their portfolio and participating in new development projects with the aim of increasing safety in brake components and achieving growth. Key companies operating in the automotive backing plate market include Super Circle NUCAP, MAT Foundry Group Ltd., INDUS Marmara Auto Components Pvt Ltd., Dorman Products, Ridex GMBH, ORTLINGHAUS-WERKE GmbH, Sparex, RSB Tech Solution and ACDelco.

Some of the recent developments in the Automotive Backing Plate market are as follows:

  • In March 2022, Dorman announced the launch of 250 new auto parts which included Dorman OE FIX. It features thermal and vibration-tested backing plates for resistance from corrosion and additional reliability in electric components.
  • In January 2021, Dorman introduced rear brake backing plates, engineered to change original plates that are rusted or failed prematurely, for 1.8 Million Chevrolet, GMC, and Hummer vehicles.
  • In August 2021, NUCAP and Sumitomo Bakelite CO., Ltd developed a new hybrid brake-backing plate under a joint development agreement to provide auto engineers with solutions to key weight challenges.
  • In April 2021, Brembo expanded its line of aftermarket with 130 new replacement brake pads and rotors. Out of 83 new parts, 50 were identified as ceramic pads with red backing plates. 33 new pad were low-met and was manufactured for aggressive driving.
  • In June 2020, NUCAP Industries INC. and Rotho Blaas SRL signed an agreement to supply GripMetal TM technology. It aims to increase the strength of friction to the backing plate and will prevent the use of adhesives, resulting in the safety and longevity of the product.
  • In March 2018, NUCAP stated that it had won a back-plate project in North American FORD Transit Platform, which included FineBlankPlus with a stepped-chamfer.

Similarly, recent developments related to companies manufacturing Automotive Backing Plate have been tracked by the team at Future Market Insights, which is available in the full report.

Key Segments Covered in Automotive Backing Plate Industry Survey

Automotive Backing Plate Market Brake types:

  • Disc Brake
  • Drum Brake

Automotive Backing Plate Market by Brake Material type:

  • Aluminium
  • Iron
  • Others

Automotive Backing Plate Market by Vehicle type:

  • Passenger Cars
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Automotive Backing Plate Market by Region:

  • North America Automotive Backing Plate Market
  • Latin America Automotive Backing Plate Market
  • Europe Automotive Backing Plate Market
  • South Asia Automotive Backing Plate Market
  • East Asia Automotive Backing Plate Market
  • Oceania Automotive Backing Plate Market
  • Middle East & Africa Automotive Backing Plate Market

Frequently Asked Questions

How much is the global Automotive Backing Plate market currently worth?

The global Automotive Backing Plate market was valued at US$ 590.6 Million in 2021 and US$ 613.4 Million in 2022

What is the Automotive Backing Plate Market Forecast through 2032?

The Automotive Backing Plate industry is set to witness a high growth rate of 4.9% over the forecast period and is valued at US$ 994 Million by 2032.

Which brake material holds the highest usage in automotive backing plate?

The aluminum brake material type has maintained its largest share and is expected to grow at 4.8% CAGR from 2022 to 2032.

Who are the key players shaping the Automotive Backing Plate industry?

Super Circle NUCAP, MAT Foundry Group Ltd., INDUS Marmara Auto Components Pvt Ltd., Dorman Products, Ridex GMBH, ORTLINGHAUS-WERKE GmbH, Sparex, RSB Tech Solution, ACDelco and Ortlinghaus-Werke GmbH are the key suppliers of Automotive Backing Plate.

Who are the top 5 countries driving the highest sales of Automotive Backing Plate?

United States of America, United Kingdom, China, Japan, and South Korea are expected to drive the most sales growth of Automotive Backing Plate.

What is the North American market outlook for Automotive Backing Plate?

North America, expanded its market revenue by US$ 244.5 Million in 2021 and is expected to achieve US$ 411.5 Million of market revenue in the automotive backing plate by 2032.

What is the USA market outlook for Automotive Backing Plate?

The automotive backing plate market in USA is projected to be valued at US$ 337.4 Million in 2032 and is expected to achieve a growth rate of 4.2% during the forecasted year.

Table of Content
1. Executive Summary | Automotive Backing Plate Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Investment Feasibility Matrix
    3.5. PESTLE and Porter’s Analysis
    3.6. Regulatory Landscape
        3.6.1. By Key Regions
        3.6.2. By Key Countries
    3.7. Regional Parent Market Outlook
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
    4.1. Historical Market Size Value (US$ Billion) Analysis, 2017 to 2021
    4.2. Current and Future Market Size Value (US$ Billion) Projections, 2022 to 2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Brake Types
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Billion) Analysis By Brake Types, 2017 to 2021
    5.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Brake Types, 2022 to 2032
        5.3.1. Disc Brake
        5.3.2. Drum Brake
    5.4. Y-o-Y Growth Trend Analysis By Brake Types, 2017 to 2021
    5.5. Absolute $ Opportunity Analysis By Brake Types, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Brake Material Type
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Billion) Analysis By Brake Material Type, 2017 to 2021
    6.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Brake Material Type, 2022 to 2032
        6.3.1. Aluminum
        6.3.2. Iron
        6.3.3. Others
    6.4. Y-o-Y Growth Trend Analysis By Brake Material Type, 2017 to 2021
    6.5. Absolute $ Opportunity Analysis By Brake Material Type, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Vehicle Type
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Billion) Analysis By Vehicle Type, 2017 to 2021
    7.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Vehicle Type, 2022 to 2032
        7.3.1. Passenger Cars
        7.3.2. Light Commercial Vehicle
        7.3.3. Heavy Commercial Vehicle
    7.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2017 to 2021
    7.5. Absolute $ Opportunity Analysis By Vehicle Type, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Billion) Analysis By Region, 2017 to 2021
    8.3. Current Market Size Value (US$ Billion) Analysis and Forecast By Region, 2022 to 2032
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. Asia Pacific
        8.3.5. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    9.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
    9.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
        9.2.1. By Country
            9.2.1.1. United Kingdom.
            9.2.1.2. Canada
        9.2.2. By Brake Types
        9.2.3. By Brake Material Type
        9.2.4. By Vehicle Type
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Brake Types
        9.3.3. By Brake Material Type
        9.3.4. By Vehicle Type
    9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    10.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
    10.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Brake Types
        10.2.3. By Brake Material Type
        10.2.4. By Vehicle Type
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Brake Types
        10.3.3. By Brake Material Type
        10.3.4. By Vehicle Type
    10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    11.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
    11.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. United Kingdom.
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Europe
        11.2.2. By Brake Types
        11.2.3. By Brake Material Type
        11.2.4. By Vehicle Type
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Brake Types
        11.3.3. By Brake Material Type
        11.3.4. By Vehicle Type
    11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    12.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
    12.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
        12.2.1. By Country
            12.2.1.1. China
            12.2.1.2. Japan
            12.2.1.3. South Korea
            12.2.1.4. Malaysia
            12.2.1.5. Singapore
            12.2.1.6. Australia
            12.2.1.7. Rest of Asia Pacific
        12.2.2. By Brake Types
        12.2.3. By Brake Material Type
        12.2.4. By Vehicle Type
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Brake Types
        12.3.3. By Brake Material Type
        12.3.4. By Vehicle Type
    12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    13.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021
    13.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032
        13.2.1. By Country
            13.2.1.1. GCC Countries
            13.2.1.2. South Africa
            13.2.1.3. Israel
            13.2.1.4. Rest of Middle East and Africa
        13.2.2. By Brake Types
        13.2.3. By Brake Material Type
        13.2.4. By Vehicle Type
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Brake Types
        13.3.3. By Brake Material Type
        13.3.4. By Vehicle Type
    13.4. Key Takeaways
14. Key Countries Market Analysis
    14.1. United Kingdom.
        14.1.1. Pricing Analysis
        14.1.2. Market Share Analysis, 2021
            14.1.2.1. By Brake Types
            14.1.2.2. By Brake Material Type
            14.1.2.3. By Vehicle Type
    14.2. Canada
        14.2.1. Pricing Analysis
        14.2.2. Market Share Analysis, 2021
            14.2.2.1. By Brake Types
            14.2.2.2. By Brake Material Type
            14.2.2.3. By Vehicle Type
    14.3. Brazil
        14.3.1. Pricing Analysis
        14.3.2. Market Share Analysis, 2021
            14.3.2.1. By Brake Types
            14.3.2.2. By Brake Material Type
            14.3.2.3. By Vehicle Type
    14.4. Mexico
        14.4.1. Pricing Analysis
        14.4.2. Market Share Analysis, 2021
            14.4.2.1. By Brake Types
            14.4.2.2. By Brake Material Type
            14.4.2.3. By Vehicle Type
    14.5. Rest of Latin America
        14.5.1. Pricing Analysis
        14.5.2. Market Share Analysis, 2021
            14.5.2.1. By Brake Types
            14.5.2.2. By Brake Material Type
            14.5.2.3. By Vehicle Type
    14.6. Germany
        14.6.1. Pricing Analysis
        14.6.2. Market Share Analysis, 2021
            14.6.2.1. By Brake Types
            14.6.2.2. By Brake Material Type
            14.6.2.3. By Vehicle Type
    14.7. United Kingdom.
        14.7.1. Pricing Analysis
        14.7.2. Market Share Analysis, 2021
            14.7.2.1. By Brake Types
            14.7.2.2. By Brake Material Type
            14.7.2.3. By Vehicle Type
    14.8. France
        14.8.1. Pricing Analysis
        14.8.2. Market Share Analysis, 2021
            14.8.2.1. By Brake Types
            14.8.2.2. By Brake Material Type
            14.8.2.3. By Vehicle Type
    14.9. Spain
        14.9.1. Pricing Analysis
        14.9.2. Market Share Analysis, 2021
            14.9.2.1. By Brake Types
            14.9.2.2. By Brake Material Type
            14.9.2.3. By Vehicle Type
    14.10. Italy
        14.10.1. Pricing Analysis
        14.10.2. Market Share Analysis, 2021
            14.10.2.1. By Brake Types
            14.10.2.2. By Brake Material Type
            14.10.2.3. By Vehicle Type
    14.11. Rest of Europe
        14.11.1. Pricing Analysis
        14.11.2. Market Share Analysis, 2021
            14.11.2.1. By Brake Types
            14.11.2.2. By Brake Material Type
            14.11.2.3. By Vehicle Type
    14.12. China
        14.12.1. Pricing Analysis
        14.12.2. Market Share Analysis, 2021
            14.12.2.1. By Brake Types
            14.12.2.2. By Brake Material Type
            14.12.2.3. By Vehicle Type
    14.13. Japan
        14.13.1. Pricing Analysis
        14.13.2. Market Share Analysis, 2021
            14.13.2.1. By Brake Types
            14.13.2.2. By Brake Material Type
            14.13.2.3. By Vehicle Type
    14.14. South Korea
        14.14.1. Pricing Analysis
        14.14.2. Market Share Analysis, 2021
            14.14.2.1. By Brake Types
            14.14.2.2. By Brake Material Type
            14.14.2.3. By Vehicle Type
    14.15. Malaysia
        14.15.1. Pricing Analysis
        14.15.2. Market Share Analysis, 2021
            14.15.2.1. By Brake Types
            14.15.2.2. By Brake Material Type
            14.15.2.3. By Vehicle Type
    14.16. Singapore
        14.16.1. Pricing Analysis
        14.16.2. Market Share Analysis, 2021
            14.16.2.1. By Brake Types
            14.16.2.2. By Brake Material Type
            14.16.2.3. By Vehicle Type
    14.17. Australia
        14.17.1. Pricing Analysis
        14.17.2. Market Share Analysis, 2021
            14.17.2.1. By Brake Types
            14.17.2.2. By Brake Material Type
            14.17.2.3. By Vehicle Type
    14.18. Rest of Asia Pacific
        14.18.1. Pricing Analysis
        14.18.2. Market Share Analysis, 2021
            14.18.2.1. By Brake Types
            14.18.2.2. By Brake Material Type
            14.18.2.3. By Vehicle Type
    14.19. GCC Countries
        14.19.1. Pricing Analysis
        14.19.2. Market Share Analysis, 2021
            14.19.2.1. By Brake Types
            14.19.2.2. By Brake Material Type
            14.19.2.3. By Vehicle Type
    14.20. South Africa
        14.20.1. Pricing Analysis
        14.20.2. Market Share Analysis, 2021
            14.20.2.1. By Brake Types
            14.20.2.2. By Brake Material Type
            14.20.2.3. By Vehicle Type
    14.21. Israel
        14.21.1. Pricing Analysis
        14.21.2. Market Share Analysis, 2021
            14.21.2.1. By Brake Types
            14.21.2.2. By Brake Material Type
            14.21.2.3. By Vehicle Type
    14.22. Rest of the Middle East and Africa
        14.22.1. Pricing Analysis
        14.22.2. Market Share Analysis, 2021
            14.22.2.1. By Brake Types
            14.22.2.2. By Brake Material Type
            14.22.2.3. By Vehicle Type
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Brake Types
        15.3.3. By Brake Material Type
        15.3.4. By Vehicle Type
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. Super Circle
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
        16.1.2. NUCAP
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
        16.1.3. MAT Foundry Group Ltd.
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
        16.1.4. INDUS Marmara Auto Components Pvt Ltd.
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
        16.1.5. Dorman Products
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
        16.1.6. Ridex GMBH
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
        16.1.7. ORTLINGHAUS-WERKE GmbH
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
        16.1.8. Sparex
            16.1.8.1. Overview
            16.1.8.2. Product Portfolio
            16.1.8.3. Profitability by Market Segments
            16.1.8.4. Sales Footprint
            16.1.8.5. Strategy Overview
                16.1.8.5.1. Marketing Strategy
        16.1.9. RSB Tech Solution
            16.1.9.1. Overview
            16.1.9.2. Product Portfolio
            16.1.9.3. Profitability by Market Segments
            16.1.9.4. Sales Footprint
            16.1.9.5. Strategy Overview
                16.1.9.5.1. Marketing Strategy
        16.1.10. ACDelco
            16.1.10.1. Overview
            16.1.10.2. Product Portfolio
            16.1.10.3. Profitability by Market Segments
            16.1.10.4. Sales Footprint
            16.1.10.5. Strategy Overview
                16.1.10.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology

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