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Automotive Brake Pads Market Trends, Size, Share, Segments, Emerging Audience and Forecast to 2031
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Automotive Brake Pads Market Trends, Size, Share, Segments, Emerging Audience and Forecast to 2031
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Based on segmentation by application, which is the leading segment in the market?
Based on the application, the market saw maximum growth in the hatchbacks and sedans segment in 2020.
What are the major trends in the market?
The increasing popularity of additive manufacturing in the automotive industry is one of the major trends in the market.
At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 5% during the forecast period.
Who are the top players in the market?
Aisin Corp, Akebono Brake Industry Co. Ltd., BERINGER SAS, Brembo Spa, Carlisle Companies Inc., Centric Parts, Continental AG, Freeman Automotive (UK) Ltd., Wilwood Engineering Inc., and ZF Friedrichshafen AG are the top players in the market.
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