Middle East and Africa Automotive Brake Shims Market Forecast to 2028

Middle East and Africa Automotive Brake Shims Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material Type (Rubber Coated, PSA Material, Thermoset Material, and Others) and Application (Two Wheeler, Passenger Vehicle, and Commercial Vehicle)

Report Code : BMIRE00025303 | Region : LAMEA | Industry : Automotive and Transportation | Published Date : 11/Jul/2022

The automotive brake shims market in Middle East & Africa is expected to grow from US$ 28.12 million in 2021 to US$ 31.31 million by 2028. It is estimated to grow at a CAGR of 1.5% from 2021 to 2028.

The critical component of any vehicle braking system is the disc brake pad. For example, stopping a heavy car traveling at 100 km/hour in a few seconds generates over 100 kW of heat. This heat is transferred into the brake pads, and the temperatures can reach approximately 600°C and higher within seconds. Despite this, braking must be safe and smooth, contributing to better health, safety, and the environment. Disc brake pad manufacturers are looking for alternatives to traditional raw materials such as copper, and the new friction materials must perform well under extreme braking conditions. Brake pads must give the same pedal feel and deceleration during repeated braking and sudden emergency stop in wet or dry, muddy, or icy weather conditions. Advancements in braking systems are increasingly influencing the production and design strategies of automotive car manufacturers; also, several standards are being imposed to ensure reduced emissions through friction materials. With the rising levels of fine particulate emissions in cities and the growing use of EVs that use regenerative braking systems, which reduce wear and emissions, the demand for braking systems is also on rise. Brakes must work without noise, vibration, and harshness; doing all these tasks thousands of times without fail needs a leading-edge design, consistent manufacturing process, and highly consistent base material. Therefore, automotive vehicle manufacturers are continuously looking for better materials for disc brake pads, thus bringing advancements in automotive brake technologies. For this, brake compounders and raw materials suppliers must work together to improve the brake friction, lubrication, and wear and tear. Thus, the high focus on developments in braking systems is creating huge demand for automotive brake shims in the Middle East & Africa.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa automotive brake shims market at a substantial CAGR during the forecast period.

Middle East & Africa Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Automotive Brake Shims Market Segmentation

The Middle East & Africa automotive brake shims market is segmented on the basis of material, application, and country. Based on material, the market is segmented into rubber coated, PSA material, thermoset material, and others. In 2020, the others segment held a larger the largest share of the market; and it is also expected to register a higher the highest CAGR during the forecast period. Based on application, the Middle East & Africa automotive brake shims market is segmented into two wheeler, passenger vehicle, and commercial vehicle. In 2020, the passenger vehicle segment held the largest market share of the market in this region; and it is also expected to register the highest CAGR in the market during the forecast period. Based on country, the Middle East & Africa automotive brake shims market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. In 2020, South Africa held the largest market share; and Saudi Arabia is expected to grow at the fastest CAGR during the forecast period.

Avery Dennison Corporation, Brembo S.p.A., BOSCH Auto Parts, Trelleborg Group, Super Circle, Delphi Technologies Plc., and TEXTAR Brake Technology are among the leading companies in the Middle East & Africa automotive brake shims market.

Others is Expected to be the Fastest Growing Segment During the Forecast Period 2021–2028

According to a new market research study on “Middle East & Africa Automotive Brake Shims Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application ” the market is expected to reach US$ 31.31 million by 2028 from US$ 28.12 million in 2021. The market is estimated to grow at a CAGR of 1.5% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa automotive brake shims market along with the drivers and restraints pertaining to the market growth. Upgrades in automotive brake technology, burgeoning adoption of electric vehicles, and strengthening norms for reducing fatalities caused by vehicle accidents are the major factor driving the growth of the Middle East & Africa automotive brake shims market . However, restrained copper in brake pad development hinders the growth of Middle East & Africa automotive brake shims market .

The Middle East & Africa automotive brake shims market is segmented on the basis of material, application, and country. Based on material, the market is segmented into rubber coated, PSA material, thermoset material, and others. In 2020, the others segment held a larger share of the market; and it is also expected to register a higher CAGR during the forecast period. Based on application, the Middle East & Africa automotive brake shims market is segmented into two wheeler, passenger vehicle, and commercial vehicle. In 2020, the passenger vehicle segment held the largest market share; and it is also expected to register the highest CAGR in the market during the forecast period. Based on country, the Middle East & Africa automotive brake shims market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. In 2020, South Africa held the largest market share; and Saudi Arabia is expected to grow at the fastest CAGR during the forecast period.

Avery Dennison Corporation, Brembo S.p.A., BOSCH Auto Parts, Trelleborg Group, Super Circle, Delphi Technologies Plc., and TEXTAR Brake Technology are among some of the leading companies in the Middle East & Africa automotive brake shims market. For instance, BREMBO has become the official technical partner for Gran Turismo 7 available for PS4 and PS5 consoles. Brembo’s branding will appear on the tracks featured in the game.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Automotive Brake Shims Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Middle East & Africa Automotive Brake Shims Market Key Industry Dynamics

5.1 Market Drivers

5.1.1 Fostering Production of Automotive Vehicles

5.1.2 Strengthening Norms for Reducing Fatalities Caused by Vehicle Accidents

5.2 Market Restraints

5.2.1 Restrained Copper in Brake Pad Development

5.3 Market Opportunities

5.3.1 Burgeoning Adoption of Electric Vehicles

5.4 Future Trends

5.4.1 Upgrades in Automotive Brake Technology

5.5 Impact Analysis of Drivers and Restraints

6. Middle East & Africa Automotive Brake Shims Market Analysis

6.1 Middle East & Africa Automotive Brake Shims Market Overview

6.2 Middle East & Africa Automotive Brake Shims Market Forecast and Analysis

7. Middle East & Africa Automotive Brake Shims Market Analysis – By Material Type

7.1 Overview

7.2 Middle East & Africa Automotive Brake Shims Market Breakdown, By Material Type, 2020 and 2028

7.3 Rubber Coated

7.3.1 Overview

7.3.2 Rubber Coated: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

7.4 PSA Material

7.4.1 Overview

7.4.2 PSA Material: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

7.5 Thermoset Material

7.5.1 Overview

7.5.2 Thermoset Material: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

8. Middle East & Africa Automotive Brake Shims Market Analysis – By Application

8.1 Overview

8.2 Middle East & Africa Automotive Brake Shims Market Breakdown, By Application, 2020 and 2028

8.3 Two Wheeler

8.3.1 Overview

8.3.2 Two Wheeler: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

8.4 Passenger Vehicle

8.4.1 Overview

8.4.2 Passenger Vehicle: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

8.5 Commercial Vehicle

8.5.1 Overview

8.5.2 Commercial Vehicle: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

9. Middle East & Africa Automotive Brake Shims Market Country Analysis

9.1 Overview

9.1.1 Middle East & Africa Automotive Brake Shims Market Breakdown, By Country

9.1.1.1 Saudi Arabia Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

9.1.1.1.1 Saudi Arabia Automotive Brake Shims Market Breakdown, By Material Type

9.1.1.1.2 Saudi Arabia Automotive Brake Shims Market Breakdown, By Application

9.1.1.2 UAE Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

9.1.1.2.1 UAE Automotive Brake Shims Market Breakdown, By Material Type

9.1.1.2.2 UAE Automotive Brake Shims Market Breakdown, By Application

9.1.1.3 South Africa Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

9.1.1.3.1 South Africa Automotive Brake Shims Market Breakdown, By Material Type

9.1.1.3.2 South Africa Automotive Brake Shims Market Breakdown, By Application

9.1.1.4 Rest of MEA Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

9.1.1.4.1 Rest of MEA Automotive Brake Shims Market Breakdown, By Material Type

9.1.1.4.2 Rest of MEA Automotive Brake Shims Market Breakdown, By Application

10. Industry Landscape

10.1 Market Initiative

10.2 Merger and Acquisition

10.3 New Development

11. Company Profiles

11.1 Avery Dennison Corporation

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Brembo S.p.A.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 BOSCH Auto Parts

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Trelleborg Group

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Super Circle

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Delphi Technologies Plc.

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 TEXTAR Brake Technology

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1.             Middle East & Africa Automotive Brake Shims Market Revenue and Forecasts to 2028 (US$ Million)

Table 2.             Middle East & Africa Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 3.             Saudi Arabia Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 4.             Saudi Arabia Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 5.             UAE Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 6.             UAE Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 7.             South Africa Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 8.             South Africa Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 9.             Rest of MEA Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Material Type (US$ million)

Table 10.          Rest of MEA Automotive Brake Shims Market, Revenue and Forecast to 2028 – By Application (US$ million)

Table 11.          Glossary of Term: Middle East & Africa Automotive Brake Shims Market

LIST OF FIGURES.

Figure 1.           Middle East & Africa Automotive Brake Shims Market Segmentation

Figure 2.           Middle East & Africa Automotive Brake Shims Market Segmentation – By Country

Figure 3.           Middle East & Africa Automotive Brake Shims Market Overview

Figure 4.           Others Segment Held the Largest Market Share in 2020 – by Material Type

Figure 5.           South Africa was the Largest Revenue Contributor in 2020 – by Country

Figure 6.           Middle East & Africa – PEST Analysis

Figure 7.           Middle East & Africa Automotive Brake Shims Market– Ecosystem Analysis

Figure 8.           Expert Opinions

Figure 9.           Middle East & Africa Automotive Brake Shims Market: Impact Analysis of Drivers and Restraints

Figure 10.        Middle East & Africa Automotive Brake Shims Market Forecast and Analysis to 2028, US$ Million

Figure 11.        Middle East & Africa Automotive Brake Shims Market Revenue Share, By Material Type (2020 and 2028)

Figure 12.        Rubber Coated: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        PSA Material: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Thermoset Material: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Others: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Middle East & Africa Automotive Brake Shims Market Revenue Share, By Application (2020 and 2028)

Figure 17.        Two Wheeler: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Passenger Vehicle: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Commercial Vehicle: Automotive Brake Shims Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Middle East & Africa Automotive Brake Shims Market, 2020 - 2028, US$ Million

Figure 21.        Middle East & Africa Automotive Brake Shims Market Breakdown, By Country, 2020 & 2028 (%)

Figure 22.        Saudi Arabia Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

Figure 23.        UAE Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

Figure 24.        South Africa Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

Figure 25.        Rest of MEA Automotive Brake Shims Market, Revenue and Forecast to 2028 (US$ million)

The List of Companies - Middle East and Africa Automotive Brake Shims Market

● Avery Dennison Corporation

● Brembo S.p.A.

● BOSCH Auto Parts

● Trelleborg Group                                                  

● Super Circle                                                                                              

● Delphi Technologies Plc.

● TEXTAR Brake Technology

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa automotive brake shims market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa automotive brake shims market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the automotive brake shims market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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