DUBLIN--(BUSINESS WIRE)--The "Global Automotive Brake Fluid Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global automotive brake fluid market to grow at a CAGR of 2.14% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is 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.

According to the report, one driver in the market is growing demand for SUVs and crossovers globally. 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.

Further, the report states that one challenge in the market is increasing demand for electric vehicles. The automotive industry is slowly shifting toward electric vehicles (EVs), especially in Europe and the Americas, due to reasons like rising environmental concerns, increasing fuel prices, and maintenance and purchasing costs of internal combustion engine (ICE) vehicles.

Key Vendors

  • BP
  • Chevron
  • Exxon Mobil
  • Shell
  • Valvoline

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Customer Landscape

8. Market Segmentation by End-User

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/bk63qq/global_automotive?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Brake Systems and Components