South Korea Brake Friction Products Market (2025-2030)
The South Korea Brake Friction Products Market was valued at $69.9 Million in 2025 and projected to reach to $84.3 Million by 2030, representing a compound annual growth rate of CAGR 2.7%. South Korea's brake friction products market is poised for steady growth through 2030, supported by the country's established automotive manufacturing ecosystem and continuous demand from leading OEMs.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
South Korea Brake Friction Products Market Trends and Insights
- South Korea's automotive sector, driven by major manufacturers and a robust supply chain, continues to demand high-quality friction materials for both original equipment and aftermarket applications.
- The market in South Korea reflects steady expansion as vehicle production and replacement cycles sustain demand for brake components. Growth in South Korea's brake friction products market is supported by stringent safety regulations, technological advancements in friction material formulations, and the country's strong automotive export base.
- South Korea's commitment to vehicle electrification and emission reduction standards is reshaping friction product specifications, with manufacturers investing in low-metallic and ceramic brake pad technologies.
- Between 2025 and 2030, South Korea will experience incremental market consolidation as OEMs and suppliers align with evolving performance and environmental standards..
Key Market Statistics
- CAGR (2025-2030) CAGR 2.7%
- Market Size, 2025 ~USD 69.9 Million
- Forecast, 2030 ~USD 84.3 Million
- Country South Korea
South Korea Brake Friction Products Market Overview
Market Valuation :
South Korea's brake friction products market is valued at USD 69.9 million in 2025, with projected growth to USD 84.3 million by 2030, driven by the country's strong automotive manufacturing base.
Growth Trajectory :
The market is expanding at a CAGR of 2.7% through 2030, outpacing the global average of 2.2%, reflecting South Korea's competitive advantage in automotive component production.
OEM & Aftermarket Demand :
South Korea's brake friction products serve both original equipment manufacturers and robust aftermarket channels, supported by major automotive producers and a well-established supply chain ecosystem.
Quality & Innovation Focus :
The market emphasizes high-quality friction materials and advanced manufacturing standards, positioning South Korean suppliers as preferred partners for domestic and international automotive brands.
South Korea Brake Friction Products Market Dynamics
- The market benefits from South Korea's reputation for precision engineering and quality standards, attracting both domestic consumption and export opportunities across Asia-Pacific and global markets. Future growth will be driven by vehicle production volumes, aftermarket replacement cycles, and the transition toward electric vehicles requiring specialized braking solutions.
- Investment in R&D for advanced friction materials and sustainable manufacturing practices will further strengthen South Korea's competitive position in the global brake friction products market..
Related Ecosystem
Key Takeaways
- South Korea's brake friction products market is valued at USD 69.9 million in 2025 and is forecast to reach USD 84.3 million by 2030.
- South Korea's market is growing at a CAGR of 2.7%, outpacing the global average of 2.2%, driven by strong automotive manufacturing and export demand.
- South Korea's regulatory environment and EV transition are accelerating adoption of advanced friction materials including ceramic and low-metallic formulations.
- South Korea's market consolidation and technology investments position the country as a key hub for brake friction product innovation in Asia Pacific.
Brake Friction Products Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | BRAKE DISCS (Product Type) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 2.2% from 2025 to 2030 |
| Largest Segment | PASSENGER CARS (Vehicle Type) |
| Market Size Base Year (Billions) | ~USD 13.33 (2025) |
| Revenue Forecast (Billions) | ~USD 14.86 (2030) |
| Segments Covered | Type, Material Type, Vehicle Type, Application, Product Type, Product |
South Korea Brake Friction Products Market Report Segmentation
6 segment dimensions are covered across the global market.
By Type
- Brake Discs
- Brake Drums
- Brake Liners
- Brake Pads
- Brake Shims
- Brake Shoes
- Dry Disc
- Dry Discs
- Molded Brake Liners
- Wet Disc
- Wet Discs
- Woven Brake Liners
By Material Type
- Ceramic Discs
- Composite Discs
- Metallic Discs
By Vehicle Type
- Battery Electric Vehicles (Bevs)
- Buses
- Heavy Commercial Vehicles (Hcvs)
- Light Commercial Vehicles
- Light Commercial Vehicles (Lcvs)
- Passenger Cars
- Plug-In Hybrid Electric Vehicles (Phevs)
- Trucks
By Application
- Agricultural Tractors
- Construction Equipment
By Product Type
- Brake Discs
- Brake Drums
- Brake Liners
- Brake Pads
- Brake Shims
- Brake Shoes
By Product
- Brake Discs
- Brake Drums
- Brake Liners
- Brake Pads
- Brake Shoes
Target Audience
- Automotive OEM Suppliers : South Korean and international brake component suppliers need detailed market data to optimize production capacity, pricing strategies, and supply chain investments for domestic and export markets.
- Aftermarket Distributors & Retailers : Aftermarket players require South Korea-specific demand forecasts and market sizing to plan inventory, distribution networks, and retail strategies across the country's competitive brake products segment.
- Investment & Private Equity Firms : Investors evaluating opportunities in South Korea's automotive supply chain need precise market valuations, growth projections, and competitive dynamics to assess acquisition and expansion targets.
- Market Entry & Expansion Strategists : Companies planning to enter or expand in South Korea's brake friction market require localized insights on market size, growth rates, regulatory requirements, and competitive positioning.
- Industry Analysts & Consultants : Research professionals and consultants serving automotive clients need comprehensive South Korea market data to support strategic recommendations, feasibility studies, and competitive analysis.
Key Companies in the South Korea Brake Friction Products Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| WABCO HOLDINGS INC | Switzerland | Private Company | Electronic and pneumatic braking systems (ABS, EBS, ESC, brake controls, air disc brakes),Transmission automation, suspension, steering, and air management systems,Advanced driver assistance systems and vehicle stability solutions, |
| DORMAN PRODUCTS, INC. | United States | Public Company | Light Duty (engine, undercar, body, hardware),Electronics (modules, clusters, sensors),Heavy Duty and Specialty Vehicle (Dayton Parts, SuperATV, UTV/ATV), |
| MANDO CORPORATION | Japan | Private Company | Men’s hair styling and grooming (GATSBY, LUCIDO, TANCHO, M4),Women’s hair care and styling (LUCIDO-L, related lines),Skincare, body care, and deodorant (Bifesta, Barrier Repair, Happy Deo, Baby Veil), |
| GAZ | Russia | Public Company | Gas business (exploration, production, transport, sales),Oil and refined products,Electric power and heat, |
| TENNECO INC. | United States | Private Company | Ride performance and chassis systems,Powertrain components,Clean air and emissions-control systems, |
| AKEBONO BRAKE INDUSTRY CO., LTD. | Japan | Public Company | Disc brake calipers,Disc brake pads and linings,Drum brake systems and components, |
| CONTINENTAL AG | Germany | Public Company | Passenger and light truck tires,Truck, bus, and specialty vehicle tires,Industrial rubber products (hoses, conveyor belts, air springs, drive belts), |
| ITT INC. | United States | Public Company | Motion Technologies (friction, damping, energy absorption),Industrial Process (pumps, valves, services, monitoring),Connect & Control Technologies (connectors, cable assemblies, motion control), |
| MIBA AG | Austria | Private Company | Engine bearings and friction materials,Sintered components and structural parts,E-mobility and power electronics components, |
| SGL CARBON | Germany | Public Company | Graphite Solutions,Process Technology,Carbon Fibers, |
| CUMMINS INC. | United States | Public Company | Engine,Distribution,Components, |
| HELLA GMBH & CO. KGAA | Germany | Public Company | Lighting,Electronics,Lifecycle Solutions, |
WABCO HOLDINGS INC
WABCO HOLDINGS INC is a Swiss private company founded in 1869 with 13,911 employees, operating in the automotive and commercial vehicle sectors.
DORMAN PRODUCTS, INC.
DORMAN PRODUCTS, INC. is a publicly traded company founded in 1918 in the United States with 3,871 employees, specializing in automotive replacement parts and fasteners.
MANDO CORPORATION
MANDO CORPORATION is a Japanese private company founded in 1927 with 2,587 employees, operating in the automotive components industry.
GAZ
GAZ is a Russian public company founded in 1993 with 468,000 employees, operating as a major automotive manufacturer.
TENNECO INC.
TENNECO INC. is a private company founded in 1930 in the United States with 71,000 employees, operating in the automotive emissions control and ride performance sectors.
AKEBONO BRAKE INDUSTRY CO., LTD.
AKEBONO BRAKE INDUSTRY CO., LTD. is a Japanese public company founded in 1929 with 5,096 employees, specializing in brake systems and components.
CONTINENTAL AG
CONTINENTAL AG is a German public company founded in 1871 with 22,076 employees, operating as a major supplier of automotive parts and systems.
ITT INC.
ITT INC. is a publicly traded United States company founded in 1920 with 11,600 employees, providing engineered products and services across multiple industrial sectors.
MIBA AG
MIBA AG is an Austrian private company founded in 1927, operating in the automotive and industrial sectors.
SGL CARBON
SGL CARBON is a German public company founded in 1878 with 3,577 employees, specializing in carbon-based materials and composites.
CUMMINS INC.
CUMMINS INC. is a publicly traded United States company founded in 1919 with 67,400 employees, manufacturing engines, power generation, and related technologies.
HELLA GMBH & CO. KGAA
HELLA GMBH & CO. KGAA is a German public company founded in 1899 with 37,653 employees, specializing in automotive lighting and electronics.
Reasons to Buy this Report
- Market-Specific Sizing & Forecasts : Access precise valuation data for South Korea's brake friction products market with detailed 2025-2030 projections, enabling accurate budgeting and investment planning specific to this high-growth regional market.
- Competitive Landscape Intelligence : Understand South Korea's unique OEM and aftermarket dynamics, supplier ecosystem, and competitive positioning relative to global manufacturers operating in the Korean automotive sector.
- Growth Driver Analysis : Identify key growth catalysts specific to South Korea, including vehicle production trends, supply chain strengths, and emerging opportunities in EV brake technology adoption.
- Strategic Market Entry Insights : Gain actionable intelligence for market entry, partnership development, and expansion strategies tailored to South Korea's regulatory environment and automotive industry structure.
- Regional Performance Benchmarking : Compare South Korea's 2.7% CAGR against global benchmarks and understand how local market dynamics differentiate from broader Asia-Pacific and international trends.
Frequently asked questions
What is the current market size of brake friction products in South Korea?
South Korea's brake friction products market is valued at USD 69.9 million in 2025 and is expected to grow to USD 84.3 million by 2030.
What is the growth rate of South Korea's brake friction products market?
South Korea's brake friction products market is growing at a CAGR of 2.7% from 2025 to 2030, which exceeds the global CAGR of 2.2%.
What factors are driving growth in South Korea's brake friction products market?
Growth in South Korea is driven by strong automotive manufacturing, stringent safety regulations, vehicle electrification trends, and the adoption of advanced friction material technologies.
How is South Korea's EV transition affecting the brake friction products market?
South Korea's shift toward electric vehicles is increasing demand for specialized friction materials such as ceramic and low-metallic brake pads designed for regenerative braking systems.
Who are the key players in South Korea's brake friction products market?
South Korea's market includes both domestic manufacturers and international suppliers serving major OEMs and the robust aftermarket sector in the country.
RESEARCH METHODOLOGY
The study involved four major activities in estimating the current size of the brake friction products market. Secondary research was conducted to collect information on the market, peer, and child markets. The next step was to validate these findings and assumptions and size them with industry experts across value chains through primary research. After that, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments using the top-down and bottom-up approaches.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global brake friction products market.
Primary Research
Extensive primary research was conducted after understanding the brake friction products market scenario through secondary research. Several primary interviews were conducted with market experts from demand (OEMs) and supply (component manufacturers) across North America, Europe, and the Asia Pacific. Approximately 100% of primary interviews were conducted with the demand and supply sides. Primary data was collected through questionnaires, emails, and telephonic interviews.
In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in this report. After interacting with industry experts, brief sessions with highly experienced independent consultants were also conducted to reinforce the findings from primaries. This and the in-house subject-matter experts’ opinions led to the conclusions described in the remainder of this report.
Note: Company tiers are based on the value chain; the company's revenue is not considered.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the brake friction products market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
Brake Friction Products Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size, the market was split into several segments and subsegments using the market size estimation processes explained above. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Brake friction products decelerate a vehicle by converting the car's kinetic energy into heat energy through friction and dissipating heat to the surroundings. Technological advancements in brake systems and friction materials create safe vehicle models running at higher speeds. Brake friction products, including a drum, disc, liner, and brake shoe, generate friction to stop the vehicle and control its speed. The scope of the brake friction study considers the brake pads, liner, brake shoe, brake disc, and brake shims.
Stakeholders
- Automotive OEMs
- Brake friction products manufacturers
- Associations, forums, and alliances related to automobiles
- EV component suppliers
- Raw material suppliers for brake friction products
- Traders and distributors of brake friction products
- Government agencies and policymakers
Report Objectives
- To analyze and forecast the brake friction products market in terms of value (USD million) & volume (million units) from 2021 to 2032
- To segment the market by product type, vehicle type, liner type, material type, off-highway market, application, disc type, electric vehicle brake friction OE market, vehicle type, aftermarket by-products, vehicle type, and region
- To segment and forecast the brake friction products OE market by value and volume
- To segment and forecast brake friction products aftermarket based on product at the country level and vehicle type at the regional level
- To identify and analyze key drivers, challenges, restraints, and opportunities influencing the market growth
- To strategically analyze the market for individual growth trends, prospects, and contributions to the total market
-
To study the following aspects of the market
- Value Chain Analysis
- Ecosystem Analysis
- Technology Analysis
- Trade Analysis
- Investment and Funding Scenario
- Pricing Analysis
- Case Study Analysis
- Patent Analysis
- Regulatory Landscape
- Key Stakeholders and Buying Criteria
- To strategically profile the key players and comprehensively analyze their market share and core competencies
- To analyze the opportunities for stakeholders and the competitive landscape for market leaders
- To track and analyze competitive developments such as deals, product launches/developments, expansions, and other activities undertaken by the key industry participants
Available Customizations
With the given market data, MarketsandMarkets offers customizations based on the company’s needs.
- Additional company profiles (up to 5 companies)
- Detailed analysis of the off-highway brake friction market by product type (Country Level)
- Detailed analysis of the brake friction OE market by vehicle type (Country Level)
Get the Full Brake Friction Products Market Report
Full forecast, segment splits, and company analysis for all Brake Friction Products Market.
- China Brake Friction Products Market
- Japan Brake Friction Products Market
- India Brake Friction Products Market
- Germany Brake Friction Products Market
- France Brake Friction Products Market
- UK Brake Friction Products Market
- Spain Brake Friction Products Market
- US Brake Friction Products Market
- Mexico Brake Friction Products Market
- Canada Brake Friction Products Market
- Russia Brake Friction Products Market
- Brazil Brake Friction Products Market
Need a Tailored Report?
Customize this report to your needs
Get 10% FREE Customization
Customize This Report
