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Rubber Coated Brake Shims Market by Vehicle Type (Passenger Cars, Commercial Vehicles) by Distribution Channel (Online/e-Commerce, Offline/Retail Stores) by Sales Channel (Original Equipment Manufacturers, After Market): Growth, Future Prospects, and Competitive Analysis, 2015 – 2027

Summary
Table Of Content

Market Insights

Brake shims are primarily used in vehicles to reduce noise and vibration. Rubber-coated brake shims are thin rubber adhesive pads that fit between the brake pad and the brake caliper to correct variations that cause noise. A rubber-coated brake pad shim is installed between the brake caliper piston and the brake pad backing plate on the inboard side. Similarly, a rubber-coated brake pad shim is installed between the outer caliper fingers and the brake pad backing plate at the outboard. The rubber-coated brake shim is made of a noise-canceling material that reduces vibration transmission to the caliper.

Demand for improved vehicle performance and control increased adoption of noiseless disc brakes, and increased vehicle production are some key factors driving the global rubber-coated brake shim market. Furthermore, the high installation and maintenance costs of automotive disc brake systems have hindered the growth of the rubber-coated brake shim market, particularly in developing countries with limited spending power. As a result, the overall market size of rubber-coated brake shim is projected to rise from US$ 62.0 million in 2020 to US$ 91.39 million by 2027.

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Interesting Facts of Rubber Coated Brake Shims

Growing safety awareness, as well as the adoption of advanced braking systems, drives the market.
The passenger car segment dominated the market in 2020 and is expected to continue to do so throughout the forecast period.
The e-commerce segment is expected to grow at the fastest CAGR during the forecast period. Rising demand for price transparency and greater diversity have accelerated the global rubber-coated brake shim market segment.
In 2020, Asia Pacific dominated the market, which is expected to continue throughout the forecast period. Growing automotive vehicle sales and increased O.E.M. investment in various Asia Pacific countries have boosted the demand for rubber-coated brake shims material in this region.

Increase in demand for better performance and control of the vehicle

The main factor influencing the growth of rubber-coated brake shim material is the increased demand for improved vehicle performance and control. As a component attached to the friction pad backing plate, rubber-coated brake shim material provides multifunction noise control. As a result, most companies are developing and releasing advanced rubber-coated brake shims to the market to improve vehicle performance and control. As an example:

Mineta Advanced Shims Technology A/S specializes in producing anti-noise shims for disc brake systems.
Util Group manufactures disc brake shims in order to address one of the industry’s most pressing concerns: noise, vibration, and hardness (NVH).
NUCAP Industries, a manufacturing company, based in Canada, provides NU-LOK design shims to maximize attachment and spring action required to optimize anti-noise performance.

In 2020, Asia Pacific will hold the dominant position In the global market

The Asia Pacific dominated the global market in 2020, which is expected to continue for the forecast period. This is primarily due to an increase in vehicle production as a result of rising vehicle demand in this region. According to the International Organization of Motor Vehicle Manufacturers, the following countries have the most vehicles sold:

Around 25.7 million motor vehicles were sold in China in 2019, up from 24.6 million in 2015.
In 2019, approximately 3.8 million motor vehicles were sold in India, up from 3.4 million in 2015.
In Japan, approximately 5.1 million motor vehicles were sold in 2019, an increase from 5 million in 2015.
Australia and New Zealand – In 2019, approximately 1.8 million motor vehicles were sold in Australia and New Zealand, up from 1.2 million in 2015.

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The strategic collaboration is essential for success.

Rubber Coated Brake Shims are manufactured by a number of companies, including Brake Performance, Meneta Advanced Shim Technology, Nichia’s Corporation, Nucap Industries Inc, Stanztechnik Schulte Gmbh, Trelleborg Sealing Solutions Kalmar Ab, and Util Industries S.P.A. are the major players in the global Rubber Coated Brake Shims market are focusing heavily on strategic partnerships to expand their footprints and market share. MENETA was selected as the global supplier of anti-noise shims for the game-changing Ford C2 platform in October 2018. C2 platform brakes have been standardized to fit many automobile models, emphasizing engineering economies and development time savings.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Rubber Coated Brake Shims Market

3.Market Dynamics & Factors Analysis

3.1.Introduction
3.1.1. Global Rubber Coated Brake Shims Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Vehicle Type
3.3.2.Distribution Channel
3.3.3.Sales Channel
3.3.4.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Distribution Channels
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 3 Players
4.3.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Rubber Coated Brake Shims Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.2.North America Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
6.2.1.Overview
6.2.2.Passenger Cars
6.2.3.Commercial Vehicles
6.3.North America Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
6.3.1.Overview
6.3.2.Online/e-Commerce
6.3.3.Offline/Retail Stores
6.4.North America Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
6.4.1.Overview
6.4.2.Original Equipment Manufacturers
6.4.3.After Market

7.Europe

7.1.Europe Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
7.2.1.Overview
7.2.2.Passenger Cars
7.2.3.Commercial Vehicles
7.3.Europe Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
7.3.1.Overview
7.3.2.Online/e-Commerce
7.3.3.Offline/Retail Stores
7.4.Europe Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
7.4.1.Overview
7.4.2.Original Equipment Manufacturers
7.4.3.After Market

8.Asia Pacific

8.1.Asia Pacific Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
8.2.1.Overview
8.2.2.Passenger Cars
8.2.3.Commercial Vehicles
8.3.Asia Pacific Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
8.3.1.Overview
8.3.2.Online/e-Commerce
8.3.3.Offline/Retail Stores
8.4.Asia Pacific Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
8.4.1.Overview
8.4.2.Original Equipment Manufacturers
8.4.3.After Market

9.Latin America

9.1.Latin America Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
9.1.1.Brazil
9.1.2.Mexico
9.1.3.Argentina
9.1.4.Peru
9.1.5.Chile
9.1.6.Colombia
9.1.7.Rest of Latin America
9.2.Latin America Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
9.2.1.Overview
9.2.2.Passenger Cars
9.2.3.Commercial Vehicles
9.3.Latin America Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
9.3.1.Overview
9.3.2.Online/e-Commerce
9.3.3.Offline/Retail Stores
9.4.Latin America Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
9.4.1.Overview
9.4.2.Original Equipment Manufacturers
9.4.3.After Market

10.Middle East

10.1.Middle East Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
10.2.1.Overview
10.2.2.Passenger Cars
10.2.3.Commercial Vehicles
10.3.Middle East Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
10.3.1.Overview
10.3.2.Online/e-Commerce
10.3.3.Offline/Retail Stores
10.4.Middle East Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
10.4.1.Overview
10.4.2.Original Equipment Manufacturers
10.4.3.After Market

11.Africa

11.1.Africa Rubber Coated Brake Shims Market, by Country, 2015-2027(US$ Mn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Latin America Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
11.2.1.Overview
11.2.2.Passenger Cars
11.2.3.Commercial Vehicles
11.3.Latin America Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
11.3.1.Overview
11.3.2.Online/e-Commerce
11.3.3.Offline/Retail Stores
11.4.Latin America Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
11.4.1.Overview
11.4.2.Original Equipment Manufacturers
11.4.3.After Market

12.Global

12.1.Global Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027(US$ Mn)
12.1.1.Overview
12.1.2.Passenger Cars
12.1.3.Commercial Vehicles
12.2.Global Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027(US$ Mn)
12.2.1.Overview
12.2.2.Online/e-Commerce
12.2.3.Offline/Retail Stores
12.3.Global Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027(US$ Mn)
12.3.1.Overview
12.3.2.Original Equipment Manufacturers
12.3.3.After Market

13.Company Profiles

13.1.Brake Performance
13.2.Meneta Advanced Shim Technology
13.3.Nichias Corporation
13.4.Nucap Industries Inc
13.5.Stanztechnik Schulte Gmbh
13.6.Trelleborg Sealing Solutions Kalmar Ab
13.7.Util Industries S.P.A.
Others

List of Figures

FIG. 1 Global Rubber Coated Brake Shims Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Rubber Coated Brake Shims Market Segmentation

FIG. 4 Global Rubber Coated Brake Shims Market, by Vehicle Type, 2019 (US$ Mn)

FIG. 5 Global Rubber Coated Brake Shims Market, by Distribution Channel, 2019 (US$ Mn)

FIG. 6 Global Rubber Coated Brake Shims Market, by Sales Channel, 2019 (US$ Mn)

FIG. 7 Global Rubber Coated Brake Shims Market, by Geography, 2019 (US$ Mn)

FIG. 8 Attractive Investment Proposition, by Geography, 2019

FIG. 9 Global Market Positioning of Key Rubber Coated Brake Shims Market Manufacturers, 2019

FIG. 10 Global Rubber Coated Brake Shims Market Value Contribution, By Distribution Channel, 2020 & 2027 (Value %)

FIG. 11 Global Rubber Coated Brake Shims Market, by Online/e-Commerce, Value, 2015-2027 (US$ Mn)

FIG. 12 Global Rubber Coated Brake Shims Market, by Offline/Retail Stores, Value, 2015-2027 (US$ Mn)

FIG. 13 Global Rubber Coated Brake Shims Market Value Contribution, By Vehicle Type, 2020 & 2027 (Value %)

FIG. 14 Global Rubber Coated Brake Shims Market, by Passanger Cars, Value, 2015-2027 (US$ Mn)

FIG. 15 Global Rubber Coated Brake Shims Market, by Commercial Vehicles, Value, 2015-2027 (US$ Mn)

FIG. 16 Global Rubber Coated Brake Shims Market Value Contribution, By Sales Channel, 2020 & 2027 (Value %)

FIG. 17 Global Rubber Coated Brake Shims Market, by Original Equipment Manufacturers, Value, 2015-2027 (US$ Mn)

FIG. 18 Global Rubber Coated Brake Shims Market, by After Market, Value, 2015-2027 (US$ Mn)

FIG. 19 North America Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 20 Europe Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 21 Asia Pacific Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 22 Middle East Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 23 Africa Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 24 U.S. Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 25 Canada Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 26 U.K. Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 27 Germany Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 28 France Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 29 Italy Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 30 Russia Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 31 Spain Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 32 Belgium Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 33 Netherland Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 34 Austria Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 35 Sweden Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 36 Poland Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 37 Denmark Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 38 Switzerland Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 39 Rest of Europe Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 40 China Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 41 Japan Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 42 South Korea Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 43 India Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 44 Australia Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 45 New Zealand Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 46 Taiwan Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 47 Southeast Asia Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 48 Central Asia Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 49 Rest of Asia Pacific Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 50 Brazil Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 51 Mexico Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 52 Argentina Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 53 Peru Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 54 Chile Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 55 Colombia Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 56 Rest of Latin America Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 57 UAE Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 58 KSA Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 59 Israel Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 60 Turkey Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 61 Iran Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 62 Rest of Middle East Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 63 South Africa Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 64 Egypt Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 65 Nigeria Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

FIG. 66 Rest of Africa Rubber Coated Brake Shims Market, 2015-2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Rubber Coated Brake Shims Market

TABLE 2 Global Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 3 Global Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 4 Global Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 5 Global Rubber Coated Brake Shims Market, by Geography, 2015-2027 (US$ Mn)

TABLE 6 North America Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 7 North America Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 8 North America Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 9 North America Rubber Coated Brake Shims Market, by Country, 2015-2027 (US$ Mn)

TABLE 10 Europe Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 11 Europe Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 12 Europe Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 13 Europe Rubber Coated Brake Shims Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 14 Asia Pacific Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 15 Asia Pacific Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 16 Asia Pacific Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 17 Asia Pacific Rubber Coated Brake Shims Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 18 Latin America Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 19 Latin America Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 20 Latin America Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 21 Latin America Rubber Coated Brake Shims Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 22 Middle East Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 23 Middle East Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 24 Middle East Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

TABLE 25 Middle East Rubber Coated Brake Shims Market, by Country/Region, 2015-2027 (US$ Mn)

TABLE 26 Africa Rubber Coated Brake Shims Market, by Distribution Channel, 2015-2027 (US$ Mn)

TABLE 27 Africa Rubber Coated Brake Shims Market, by Vehicle Type, 2015-2027 (US$ Mn)

TABLE 28 Africa Rubber Coated Brake Shims Market, by Sales Channel, 2015-2027 (US$ Mn)

Africa Rubber Coated Brake Shims Market, by Country/Region, 2015-2027 (US$ Mn)

Frequently Asked Questions

What will be the CAGR of global rubber coated brake shims market?

During the forecast period, the overall market size of rubber coated brake shim is expected to grow at a CAGR of 5.7%.

Who are the major players in rubber coated brake shims market and what are their growth strategies?

The major players in the global Rubber Coated Brake Shims market are Brake Performance, Meneta Advanced Shim Technology, Nichias Corporation, Nucap Industries Inc, Stanztechnik Schulte Gmbh, Trelleborg Sealing Solutions Kalmar Ab, and Util Industries S.P.A. The companies are putting a lot of emphasis on strategic partnerships in order to expand their footprints and market share.

What are the major opportunities in rubber coated brake shims industry?

The expansion of automotive manufacturing facilities eventually increases the demand for rubber-coated brake shims. Vehicle demand is increasing year after year.

What is major growth driving factor for rubber coated brake shims industry?

Increasing adoption of noiseless disc brakes, as well as increased demand for better vehicle performance and control, are some of the market’s key driving factors.

Does COVID 19 had negative impact on rubber coated brake shims industry?

Due to COVID-19, most of the countries followed a complete lockdown for several months, which, in turn, has impacted vehicle production. Manufacturing units around the world have been closed, resulting in a drop in sales of automotive spare parts, which has impacted global production. Although some OEMs have resumed production, the automotive rubber coated brake shim market may witness significant decline in 2020.

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