Brake Pads Market Analysts Predict Market to Reach New Heights Global Brake Pads Market was valued at USD 9.12 Billion in 2021 and is expected to reach USD 15.4 Billion by the year 2028, at a CAGR of 4.8%.
Increasing safety awareness among passengers and pedestrians, government mandates to drive advanced safety features and installation of sliding brakes are the major factors driving the market growth. Development of brake pad materials, such as use of...
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