Brake Shims Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

Brake shims are thin rubber adhesive or metal pads which are fitted between the brake caliper and the brake pad to correct slight differences that sometimes lead to noise. In majority of the newer automotive, the brake shims are primarily used to keep any rattles to a minimum and to control the excess noise, caused by disc for stopping movement of wheel hub.

Brake shims are used in disc brake systems in all vehicles including two wheelers, passenger cars and commercial vehicles. Installation of brake shims can be done on front side or rear side both in a wheel hub. Brake pads are also available in the market that come with adhesive brake pad shims in which brake shims are required to stick on the backing plate and doesn’t require use of lubrication. Furthermore, there are also titanium brake shims which perform as an improved thermal barrier. These reflect more heat than regular shims hence are used only for track use.

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Brake Shims Market: Dynamics

Rising demand for passenger cars along with increasing awareness for safety are the primary driving factors expected to accelerate the implementation of disc brakes in automotive. Subsequently, expected to bolster the growth of brake shims market.

Increasing adoption of disc brakes with noiseless operation in premium vehicles coupled with advent of innovative technologies in the automotive designs are expected to fuel the growth in demand for brake shims. In addition, higher sensitivity of brake shims for instant response is likely to propel the growth for brake shims market.

Impact of COVID-19 Crisis on Brake shims market:

The ongoing COVID-19 crisis has severely affected the global economy. According to the International Monetary Fund, the global economy is expected to fall below -3% subsequently effecting all the international trades.

With the economic activities in the globe coming to an almost standstill, the pandemic has affected the business, demand, trade and supply chains of many industries. The production activities for almost all the industries, including automotive, have been halted which has resulted in the reduction in demand for brake shims.

Brake Shims Market: Key Market Participants

• Federal-Mogul Corporation
• Avery Dennison Corporation
• Trelleborg Sealing Solutions
• A Stanztechnik Schulte GmbH
• Brickham Stamping Company, Inc.
• kebono Brake Corporation
• Vibracoustic USA, Inc.
• Yadong Industry Limited
• Util group

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The report covers exhaustive analysis on:

• Brake shims Market Segments
• Brake shims Market Dynamics
• Brake shims Market Size
• Brake shims Supply & Demand
• Brake shims Current Trends/Issues/Challenges
• Brake shims Competition & Companies involved
• Brake shims Technology
• Brake shims Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)