Global Brake Shims Market Size was $1775.15 Million in 2023

Global Brake Shims Market Overview

According to Global Market Monitor, the global brake shims market size was $1775.15 million in 2023 with a CAGR of 3.64% from 2023 to 2028.

Brake shims are thin layers of rubber or metal that fit between the brake pads and the rotors to correct small imperfections causing brake noise. With the development of the economy and industrial technology, the production of brake shims is at a mature stage, and the continuous updating of technology has gradually increased the downstream demand and the market has expanded.

Fluctuations of Raw Materials Affect the Market.

Since the brake shims are made of rubber and metals, fluctuations in these raw materials will affect the price to a certain extent, which will bring down the demand. These are unstable factors that exist in the market affecting the healthy development of the market. As an important industry in a country, the automobile industry is constantly evolving and is subject to government policy. The government's market access criteria will also influence the market strategic layout of new entrants in specific regions. This will be one of the limiting factors in the industry.

Regional Market Status

China dominates the global brake shims market. The development of the economy, high market maturity, and technical advantages bring a large demand, which has further increased the market growth. With the advancement of China automotive industry, the substituting processing industry is gradually turning into an independent research and development industry. The increase in per capita car ownership and the growth of some small suppliers have all contributed to the development of the China brake shims market.

North America is a big consumer market for brake shims, with advanced research and development technologies as well as products with good performance. North America has a good industrial base and a sound industrial chain, also promoting market growth. With the continuous development of the economy and industry, the South America and Asia-Pacific region will have good potential in the brake shims industry. With the recovery of the automotive industry in these regions, more and more suppliers began to set up manufacturing plants in these regions to meet the demand of the automotive industry.

By Type	Rubber
	Metal
	Others
	The rubber segment contributes the largest market share.
By Application	OEM Parts
	Aftermarket Parts
	The aftermarket parts segment occupies the biggest share.
By Region	US
	Europe
	China
	Japan
	India
	Southeast Asia
	Latin America
	Middle East and Africa
	China dominates the market.