Brake Fluid Industry Forecasts 2018: Top Players Like Valvoline, Bendix, Bosch, Sinopec Lubricant, BASF, Chevron, Dow, Repsol, Morris
Brake fluid is a type of hydraulic fluid used in hydraulic brake and hydraulic clutch applications in automotive, motorcycles, light trucks, Agriculture Vehicles, off highway, motorsport, etc. It is used to transfer force into pressure, and to amplify braking force. Brake fluid is widely used in automotive OEM, automotive aftermarket and other field. The most proportion of brake fluid is automotive aftermarket, and the sales proportion in 2016 is about 54%.
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