| Product Code: ETC5143778 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Belgium automotive brake pads import market saw a significant decline in growth rate from 2023 to 2024, with a negative CAGR of -6.24% over the period of 2020-2024. Despite this, top exporting countries like Germany, Czechia, Metropolitan France, Poland, and China continued to dominate the market in 2024. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape in the industry. The sharp decrease in growth rate from 2023 to 2024 by -33.39% may signal challenges or shifts in the market dynamics that importers and stakeholders need to monitor closely.

Belgium's Automotive Brake Pads market is anticipated to experience a stable growth rate of 1.40% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Automotive Brake Pads Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Brake Pads Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Brake Pads Market - Industry Life Cycle |
3.4 Belgium Automotive Brake Pads Market - Porter's Five Forces |
3.5 Belgium Automotive Brake Pads Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.6 Belgium Automotive Brake Pads Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Belgium Automotive Brake Pads Market Revenues & Volume Share, By Sales Outlet, 2021 & 2031F |
3.8 Belgium Automotive Brake Pads Market Revenues & Volume Share, By Position, 2021 & 2031F |
4 Belgium Automotive Brake Pads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for safer vehicles with advanced braking systems |
4.2.2 Growing awareness about the importance of regular brake maintenance |
4.2.3 Technological advancements in brake pad materials and manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from low-cost brake pad manufacturers affecting pricing strategies |
5 Belgium Automotive Brake Pads Market Trends |
6 Belgium Automotive Brake Pads Market Segmentations |
6.1 Belgium Automotive Brake Pads Market, By Vehicle |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Brake Pads Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Belgium Automotive Brake Pads Market Revenues & Volume, By LCV, 2021-2031F |
6.1.4 Belgium Automotive Brake Pads Market Revenues & Volume, By HCV, 2021-2031F |
6.1.5 Belgium Automotive Brake Pads Market Revenues & Volume, By Two-wheelers, 2021-2031F |
6.2 Belgium Automotive Brake Pads Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Brake Pads Market Revenues & Volume, By Semi-metallic, 2021-2031F |
6.2.3 Belgium Automotive Brake Pads Market Revenues & Volume, By Non-asbestos Organic (NAO), 2021-2031F |
6.2.4 Belgium Automotive Brake Pads Market Revenues & Volume, By Low-metallic NAO, 2021-2031F |
6.2.5 Belgium Automotive Brake Pads Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 Belgium Automotive Brake Pads Market, By Sales Outlet |
6.3.1 Overview and Analysis |
6.3.2 Belgium Automotive Brake Pads Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Belgium Automotive Brake Pads Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Belgium Automotive Brake Pads Market, By Position |
6.4.1 Overview and Analysis |
6.4.2 Belgium Automotive Brake Pads Market Revenues & Volume, By Front, 2021-2031F |
6.4.3 Belgium Automotive Brake Pads Market Revenues & Volume, By Front & Rear, 2021-2031F |
7 Belgium Automotive Brake Pads Market Import-Export Trade Statistics |
7.1 Belgium Automotive Brake Pads Market Export to Major Countries |
7.2 Belgium Automotive Brake Pads Market Imports from Major Countries |
8 Belgium Automotive Brake Pads Market Key Performance Indicators |
8.1 Average lifespan of brake pads in vehicles |
8.2 Adoption rate of advanced brake pad technologies in the market |
8.3 Percentage of vehicles undergoing regular brake maintenance |
9 Belgium Automotive Brake Pads Market - Opportunity Assessment |
9.1 Belgium Automotive Brake Pads Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.2 Belgium Automotive Brake Pads Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Belgium Automotive Brake Pads Market Opportunity Assessment, By Sales Outlet, 2021 & 2031F |
9.4 Belgium Automotive Brake Pads Market Opportunity Assessment, By Position, 2021 & 2031F |
10 Belgium Automotive Brake Pads Market - Competitive Landscape |
10.1 Belgium Automotive Brake Pads Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Brake Pads Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |