Press release
Brake Fluid Market to 2023 (3.9% CAGR Expected) Top Player Profiles BP, Exxon Mobil, Total, Fuchs, CCI, BASF, Chevron, Dow, Repsol, Valvoline and More
Over the next five years, LPI(LP Information) projects that Brake Fluid will register a 3.9% CAGR in terms of revenue, reach US$ 2070 million by 2023, from US$ 1650 million in 2017.
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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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Brake Fluid market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
DOT 3
DOT 4
DOT 5
DOT 5.1
Segmentation by application:
Automotive OEM
Automotive Aftermarket
Others
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: BP, Exxon Mobil, Total, Fuchs, CCI, BASF, Chevron, Dow, Repsol, Valvoline, Bendix, Sinopec Lubricant, Morris, CNPC, Bosch, DATEX, HKS, Granville, Gulf, Motul
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Brake Fluid consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Brake Fluid market by identifying its various subsegments.
Focuses on the key global Brake Fluid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Brake Fluid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Brake Fluid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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