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Automotive Brake Fluid Market Size, Analysis, and Forecast Report 2017-2027 February 2017

Report Id : REP-GB-2856 Status : Ongoing Category : Automotive & Transportation Š2015 Future Market Insights, All Rights Reserved


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Research Methodology (1/2) Systematic Research Approach 1 Market profiling

2 Formulating discussion guide

3 Developing list of respondents

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In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts

Data collection

PMR conducts interviews with industry experts, industry players, distributors and retailers

Data validation

Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data

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Data analysis

Insights

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Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF)

Data Collection

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Research & Intelligence

Data Filter & Analysis

Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain

Actionable Insights

A Primary Research

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B SOLUTION     

Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments

Primary Research #    

Linkedin Zoominfo Salesforce Avention

Business Solution

Desk Research

C

Key industry experts Channel study Developments Market dynamics Products Conclusions

Company Analysis

Secondary Research #    

Company websites Company annual reports White papers Financial reports

Paid Publications#    

Factiva GBI Genios Meltwater

# includes sources of databases

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Automotive Brake Fluid Market In the automotive market, initially mechanical brakes were used which were gradually replaced by hydraulic brakes, where brake fluid was required. The first hydraulic system was developed in 1914 by Frederick Duesenberg, an American automotive pioneer. Today, most automotive brake fluid is either silicone based (DOT5) or glycol based (DOT3).

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. Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2856 Automotive Brake Fluid Market: Dynamics

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Automotive Brake Fluid Market 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. 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 Š2015 Future Market Insights, All Rights Reserved

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Automotive Brake Fluid Market 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  Bosch

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Automotive Brake Fluid Market 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

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Automotive Brake Fluid Market Globally Expected to Drive Growth through