diff --git base/test/BUILD.gn base/test/BUILD.gn
index c6add87d77744..80d34d031e14b 100644
--- base/test/BUILD.gn
+++ base/test/BUILD.gn
@@ -185,11 +185,6 @@ static_library("test_support") {
 
   if (enable_base_tracing) {
     public_deps += [ "//third_party/perfetto:perfetto_test_support" ]
-    public_deps += [ ":test_trace_processor" ]
-    sources += [
-      "test_trace_processor.cc",
-      "test_trace_processor.h",
-    ]
     deps += [ ":gen_cc_chrome_track_event_descriptor" ]
     if (is_ios) {
       deps += [
@@ -534,7 +529,7 @@ if (enable_base_tracing) {
   # processor depends on dev_sqlite. The two share the same symbols but have
   # different implementations, so we need to hide dev_sqlite in this shared
   # library even in non-component builds to prevent duplicate symbols.
-  _target_type = "shared_library"
+  _target_type = "component"
   if (is_ios) {
     _target_type = "ios_framework_bundle"
   }
@@ -543,6 +538,8 @@ if (enable_base_tracing) {
     defines = [ "TEST_TRACE_PROCESSOR_IMPL" ]
     testonly = true
     sources = [
+      "test_trace_processor.cc",
+      "test_trace_processor.h",
       "test_trace_processor_export.h",
       "test_trace_processor_impl.cc",
       "test_trace_processor_impl.h",
@@ -560,33 +557,6 @@ if (enable_base_tracing) {
       output_name = "TestTraceProcessor"
       bundle_deps_filter = [ "//third_party/icu:icudata" ]
     }
-
-    # Set rpath on dependent tests so that they can find the shared library
-    # in a non-component build.
-    if (!is_component_build) {
-      all_dependent_configs = []
-      if (is_linux || is_chromeos) {
-        all_dependent_configs +=
-            [ "//build/config/gcc:rpath_for_built_shared_libraries" ]
-      }
-      if (is_mac) {
-        # We need the lib to be in $root_out_dir/Libraries so the library is where
-        # the linker expects it, since we set the install_name flag. We need to
-        # set this flag so that the library can be found when it is bundled in the
-        # Content Shell Framework (see test_trace_processor_bundle_data).
-        output_dir = "$root_out_dir/Libraries"
-        ldflags = [ "-Wl,-install_name,@loader_path/Libraries/libtest_trace_processor.dylib" ]
-      }
-    }
-  }
-
-  if (!is_component_build && is_mac) {
-    bundle_data("test_trace_processor_bundle_data") {
-      testonly = true
-      sources = [ "$root_out_dir/Libraries/libtest_trace_processor.dylib" ]
-      outputs = [ "{{bundle_contents_dir}}/Libraries/{{source_file_part}}" ]
-      public_deps = [ ":test_trace_processor" ]
-    }
   }
 } else if (!is_component_build && is_mac) {
   # Provide a dummy target in order for clients to not have to special-case
diff --git base/test/test_trace_processor_export.h base/test/test_trace_processor_export.h
index f5191b804bc07..aadb7d66ba4c3 100644
--- base/test/test_trace_processor_export.h
+++ base/test/test_trace_processor_export.h
@@ -5,6 +5,7 @@
 #ifndef BASE_TEST_TEST_TRACE_PROCESSOR_EXPORT_H_
 #define BASE_TEST_TEST_TRACE_PROCESSOR_EXPORT_H_
 
+#if defined(COMPONENT_BUILD)
 #if defined(WIN32)
 
 #if defined(TEST_TRACE_PROCESSOR_IMPL)
@@ -23,4 +24,8 @@
 
 #endif  // defined(WIN32)
 
+#else  // defined(COMPONENT_BUILD)
+#define TEST_TRACE_PROCESSOR_EXPORT
+#endif
+
 #endif  // BASE_TEST_TEST_TRACE_PROCESSOR_EXPORT_H_
diff --git content/shell/BUILD.gn content/shell/BUILD.gn
index f770bd917f92f..0607e2eedaaca 100644
--- content/shell/BUILD.gn
+++ content/shell/BUILD.gn
@@ -841,7 +841,6 @@ if (is_mac) {
       # Specify a sensible install_name for static builds. The library is
       # dlopen()ed so this is not used to resolve the module.
       ldflags = [ "-Wl,-install_name,@executable_path/../Frameworks/$output_name.framework/$output_name" ]
-      deps += [ "//base/test:test_trace_processor_bundle_data" ]
     } else {
       # Both the main :content_shell and :content_shell_helper_app executables
       # need to link the framework. Because they are at different directory