New Research Report on Automotive Brake Fluid Market, 2017-2027
Most drivers check their engine oil or tire pressure regularly, but very often drivers check the brake fluid in their vehicle. Automotive brake fluid is a type of hydraulic fluid used in hydraulic clutches & brake applications in motorcycles, automobiles and some bicycles. It plays a crucial role as it transfers force when a driver applies the brake. Additionally, automotive brake fluid helps prevent corrosion and serves as lubricant for all movable parts.
Automotive brake fluids, across the world, are regulated products and need to meet certain specifications and recommendations set by industry agencies and associations such as the Society of Automotive Engineers (SAE), Japanese Standards Association (JSA the International Organization for Standardization (ISO), U.S. Federal Motor Vehicle Safety Standards and Regulations (FMVSS), U.S. Department of Transportation (DOT) and GB12981-2003 in China.
Automotive Brake Fluid Market: Dynamics
The burgeoning demand for vehicles in countries like China and India is forecasted to drive growth for the automotive brake fluid market. Companies are establishing production sites in these regions so as to satiate the local demand. For instance, BASF opened an automotive brake fluid production plant in Pudong, Shanghai to support the demand of local customers; which in turn is driving demand for automotive brake fluid in China. However, the lack of awareness/understanding among end user is restraining growth of the global automotive brake fluid market.
Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2856
The main route to this market is via the aftermarket, which includes workshops, automotive service centers and retailers for supply to DIY (do it yourself) end users. The retail aftermarket includes general & automotive retailers and petrol forecourts. The remaining market for brake fluid is held by OEMs for the first fill in a vehicle. Therefore, tie ups with OEMs becomes an important driver across all regions since they provide an assured route to the market through the sale of new cars.
Automotive Brake Fluid Market: Segmentation
Automotive brake fluid are of two types: petroleum and non-petroleum. Petroleum-based automotive brake fluids are rarely used in the automotive industry.
The DOT (department of transportation) classifies automotive brake fluids by their chemical composition and boiling point. Therefore, the global automotive brake fluid market can be segment by type as: DOT 3 (glycol ether based), DOT 4 (glycol ether based/borate ester), DOT 5 (silicone based), DOT 5.1 (borate ester/glycol ether). DOT 5.1, DOT 4, DOT 3 are based on poly glycol compounds and DOT 5 is based on silicone. Gylcol fluids are used in 99% of the motor vehicles in various grades. Additionally, most cars run on DOT 3 which has lower water content since fluid causes corrosion in the brake system. Brake pistons, cylinders and lines undergo wear and tear as a result of braking over a period of time. The cost of replacing any component is significant and replacing brake fluid can help save a major portion of that cost. Automotive brake fluid varies from vehicle to vehicle, depending on various factors such as model, vehicle production year and type of brake system.
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-2856
Automotive Brake Fluid: Market Participants
Examples of some of the market participants in the global automotive brake fluid market identified across the value chain include:
Beijing Haidian Huiyuan Synthetic Agents
Faw(First Automobile Works) Group Corporation
Shenzhen Pingchi Industry Co
Zhuhai Gaida Shiye
Tianjin Xuqi Gongmao
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release New Research Report on Automotive Brake Fluid Market, 2017-2027 here
News-ID: 546724 • Views: 380
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for DOT
Dot Matrix Printing Market 2018
Dot Matrix Printing Market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Global Dot Matrix Printing Market, provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Dot Matrix Printing Market analysis is provided for the international Industry including development trends, competitive landscape analysis,
red dot awards for Ottobock
Awards for three product designs Ottobock impressed the 37 experts of the jury at this year's "red dot award: product design 2013" with its sport prosthesis, 1C63 Triton Low Profile prosthetic foot and Patella Pro knee orthosis. Among a total of 4,662 entries, these medical technical devices were selected both for their innovative concept and their high design quality. The award ceremony for the internationally recognised seal of quality will be
Dot Comma and Projetex: A Powerful Combination
Dot Comma Translations Ltd has recently licensed AIT’s innovative translation management software, Projetex 8. This translation management software puts Dot Comma firmly in control of every translation project, allowing its team to manage large, complex projects efficiently and effectively for its clients. Dot Comma is a fast-growing, aspirational translation bureau. With its head office in Droitwich, Worcestershire, and another branch in Reading, Berkshire, the company offers translation and language-related services
Wiha ErgoStar receives the coveted "red dot"
Fastening on to something good. Wiha ErgoStar receives the coveted "red dot" Schonach – the ErgoStar from Wiha Werkzeuge GmbH has just been distinguished with the "red dot product design award" in one of the most renowned design competitions worldwide. The highly diverse L-key holder was able to convince the high calibre jury of experts with its outstanding design and high quality, and asserted itself successfully in the face of 4,252
mafi earns red dot design award
Design experts honour mafi fresco duna white in the red dot award: product design 2009 In one of the most renowned and hardest international design competitions, the red dot design award, the mafi fresco duna white by mafi – walk on art has just received an honourable mention from the top-class expert jury. With 3,231 products submitted to the competition, the product clearly stands out from the masses, because the design
direct/ EURid - Dot eu welcomes dot asia to the Internet
New .asia domain reflects growing interest in regional web addresses Brussels, 5 October 2007 - EURid, the European registry for .eu, welcomes the arrival of .asia to the Internet. The pioneering .eu domain, which is available to 490 million Europeans in 27 countries, was the first top-level Internet domain for a broad, multi-country region. The launch of .asia next week reflects the growing interest in regional top-level domains, which some regional