The invention discloses a novel brake pad and a manufacturing method thereof. The novel brake pad comprises a friction material and a steel backing. The friction material is prepared from, by weight, 5-12 parts of aramid pulp, 1-5 parts of aramid fibers, 5-20 parts of zirconia, 2-8 parts of graphite, 1-5 parts of petroleum coke, 0.5-4 parts of rubber powder, 2-10 parts of antimony sulfide, 5-15 parts of barite, 1-5 parts of friction powder, 5-15 parts of copper fibers, 2-10 parts of mineral fibers, 2-10 parts of mica, 5-10 parts of resin, 5-10 parts of potassium titanate and 1-8 parts of curing agent. The method includes the steps: (1) producing a friction material workblank by burdening, water mixing, prepressing for forming and primary thermal treatment; (2) subjecting the steel backing to shot blasting, and gluing the steel backing; (3) subjecting the friction material workblank and the steel backing to thermo-compression formation to obtain a brake pad workblank; (4) sequentially carrying out secondary thermal treatment, grinding, grooving, chamfering, sand blasting, silencer adhesion, accessory installation, checking, packaging and storing. High uniformity, high toughness, cleanness in production and transferring and high product uniformity are realized.