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Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- Brake fluid is a type of hydraulic fluid used in hydraulic brake and hydraulic clutch applications in automotive, motorcycles, light trucks, Agriculture Vehicles, off highway, motorsport, etc. It is used to transfer force into pressure, and to amplify braking force.
Brake fluid is widely used in automotive OEM, automotive aftermarket and other field. The most proportion of brake fluid is automotive aftermarket, and the sales proportion in 2016 is about 54%.
Market competition is intense. BP, Exxon Mobil, Total, Fuchs, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global Brake Fluid market is valued at 1650 million US$ in 2018 is expected to reach 2200 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2019-2025.
This report focuses on Brake Fluid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Brake Fluid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BP
Exxon Mobil
Total
Fuchs
CCI
BASF
Chevron
Dow
Repsol
Valvoline
Bendix
Sinopec Lubricant
Morris
CNPC
Bosch
DATEX
HKS
Granville
Gulf
Motul
Segment by Regions
North America
Europe
China
Japan
Segment by Type
DOT 3
DOT 4
DOT 5
DOT 5.1
Segment by Application
Automotive OEM
Automotive Aftermarket
Others
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