Global Automotive Power Steering Fluid Market Insights and Forecast to 2028

Automotive Power Steering Fluid Market 

Due to the COVID-19 pandemic, the global Automotive Power Steering 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, Synthetic oil accounting for % of the Automotive Power Steering 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 Car segment is altered to an % CAGR throughout this forecast period.

China Automotive Power Steering Fluid market size is valued at US$ million in 2021, while the US and Europe Automotive Power Steering 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 Power Steering 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 Power Steering Fluid include AMSOIL, Exxon Mobil, Lucas Oil Products, Shell, Valvoline, Prestone and Royal Purple, 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 Power Steering 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 Power Steering Fluid by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Automotive Power Steering Fluid market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Power Steering 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

• Synthetic oil
• Material oil

By Application

• Passenger Car
• Commercial Vehicle

By Company

• AMSOIL
• Exxon Mobil
• Lucas Oil Products
• Shell
• Valvoline
• Prestone
• Royal Purple

Production By Propulsion

• North America
• Europe
• China
• Japan
• South Korea
• India

Consumption By Propulsion

• 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
• U.A.E