Brake Fluid Market to Expand at 7.9% CAGR By 2022 - Key Players: FAW-Volkswagen, Motul, ATE Brakes & BASF
SAN FRANCISCO, Nov. 19, 2019 /PRNewswire/ -- Global Brake Fluid Market is expected to grow at a significant CAGR of 7.9% by 2022 as the scope and its applications are rising enormously across the globe. Brake fluid is a type of hydraulic fluid exclusively used in hydraulic clutch and hydraulic brake applications by the driver of a car to the wheel brakes. DOT 5.1 Brake Fluid (Glycol Ether/ Borate Ester), DOT 5 brake fluid (Silicone), DOT 4 brake fluid (Glycol Ether/ Borate Ester), and DOT 3 Brake Fluid (Glycol Ether) are the product types that could be explored in Brake Fluid in the forecast period. Brake Fluid Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Latin America (Mexico, Argentina, and Brazil), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).