Global Automotive Brake Fluid Market Insights and Forecast to 2028

Automotive Brake Fluid Market 

Automotive brake fluid is a type of hydraulic fluid used in hydraulic clutches and 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.

Market Analysis and Insights: Global Automotive Brake Fluid Market

Due to the COVID-19 pandemic, the global Automotive Brake Fluid market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

Fully considering the economic change by this health crisis, Mineral Oil accounting for % of the Automotive Brake Fluid global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Passenger Vehicles segment is altered to an % CAGR throughout this forecast period.

China Automotive Brake Fluid market size is valued at US$ million in 2021, while the US and Europe Automotive Brake Fluid are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Automotive Brake Fluid landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Automotive Brake Fluid include Beijing Haidian Huiyuan Synthetic Agents, Bosch, Copton, Cnpc, Castrol(Bp), Caltex, Exxon Mobil, Delian Group and Fuchs, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

In terms of production side, this report researches the Automotive Brake Fluid capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Automotive Brake Fluid by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Automotive Brake Fluid market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Brake Fluid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Mineral Oil
• Synthetic

By Application

• Passenger Vehicles
• Commercial Vehicles

By Company

• Beijing Haidian Huiyuan Synthetic Agents
• Bosch
• Copton
• Cnpc
• Castrol(Bp)
• Caltex
• Exxon Mobil
• Delian Group
• Fuchs
• Faw(First Automobile Works) Group Corporation
• Jilin Hairun
• Irico Group
• Original
• Laike
• Shenzhen Pingchi Industry Co
• Shell
• Sinopec
• Total
• Teec
• Zhuhai Gaida Shiye
• Tianjin Xuqi Gongmao

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE