Global Automotive Brake Fluid Market 2018-2022
- Published: Apr 2018
- Pages: 101
- SKU: IRTNTR20208
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This industry research report presents a comprehensive analysis of the automotive brake fluid market by application such as passenger cars and commercial vehicles. The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.
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Overview of the global automotive brake fluid market
Technavio’s market research analysts have identified the growing demand for SUVs and crossovers worldwide as one of the primary factors that will trigger the growth of the automotive brake fluid market in the coming years. The increasing demand for automotive brake fluid is due to the increased sales volume of sports-utility vehicles (SUVs) across the world. In the recent times, the demand for crossovers, pickup trucks, and SUVs are growing in the US market and this, in turn, is driving the growth of the automotive brake fluid market. Moreover, the brake fluid market is witnessing humungous growth in China owing to the increased sales volume of compact SUVs. It has been noticed that consumers are on the lookout for SUVs that exhibit characteristics such as high driving position, ground clearance, and off-road capabilities. These factors are raising the demand for SUVs globally. Technavio’s market research analysts predict that this global market will post a revenue of more than USD 5400 million by 2022.
One of the key trends in the automotive brake fluid market is the growing demand for environment-friendly brake fluid. Various governments across the world are heavily investing in research to find a feasible solution to reduce greenhouse gas emissions from the mineral based hydraulic lubricants. The emissions are causing an adverse effect on the environment. Glycerol is considered a good alternative to mineral-based hydraulic lubricants as it is bio-based. The bio-based brake fluid is eco-friendly, being a plant origin.
The automotive brake fluid market appears to be highly fragmented due to the presence of a large number of vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the hydraulic brake fluid market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.
The report includes an analysis of a number of companies in this marketspace including -
- Exxon Mobil
Segmentation by application and analysis of the automotive brake fluid market
- Passenger cars
- Commercial vehicles
The passenger cars segment accounted for the major share of the hydraulic brake fluid market during 2017. The dominance of this segment is due to the increased sales volume. Our analysts predicted that this segment will perform well in the forthcoming years.
Geographical segmentation and analysis of the automotive brake fluid market
In terms of geography, APAC accounted for the majority of shares in the market during 2017. The demand for passenger cars is increasing in emerging economies such as China and India, which in turn, is increasing the sales and driving the hydraulic brake fluid market.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global automotive brake fluid market?
- What are the key market trends impacting the growth of the global automotive brake fluid market?
- What are the challenges to market growth?
- Who are the key vendors in the global automotive brake fluid market?
- What are the market opportunities and threats faced by the vendors in the global automotive brake fluid market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global automotive brake fluid market?
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Passenger cars – Market size and forecast 2017-2022
- Commercial vehicles – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Environment-friendly brake fluid
- Increasing demand for BBW technology
- Development of multi-grade lubricants
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Exxon Mobil
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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