According to MarkNtel Advisors study the Mexico Automotive Brake Pads Market is projected to grow at a CAGR of around 3.7% during the forecast period, i.e., 2022-27.

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Key Findings of the Study: Mexico Automotive Brake Pad market

Key Drivers

• Rapid establishments of Electric Vehicle manufacturing units in Mexico
• Massive investments by the industry leaders in R&D toward manufacturing lightweight & environment-friendly braking systems and advanced friction materials for enhanced vehicle control
• Burgeoning exports of automobiles to other regions toward boosting the country's economy

For more detailed information about the Mexico Automotive Brake Pad market report, click here – https://www.marknteladvisors.com/research-library/mexico-automotive-brake-pad-market.html

Scope of the Report and Mexico Automotive Brake Pad Market Segmentation:

By Material Type

• Semi-Metallic
• Non-Asbestos Organic (NAO)
• Low-Metallic and Ceramic

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)

By Demand Type

• OEM
• Aftermarket

Of them all, Semi-Metallic material acquired a notable market share in recent years.

Mexico Automotive Brake Pad Market Competitive Landscape

• Bosch Group
• Wagner
• ACDelco
• Brembo
• Akebono Brake Mexico S.A. de C.V.
• Ferodo
• Abex
• Sangsin Brake Mexico
• Woking Brakes
• FRAS-LE

Note: If you require specific information not covered in the current report, we can provide it through customized option

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