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The brake fluid market is an important part of the brake systems and components industry. It is a type of hydraulic fluid used in hydraulic brake and hydraulic clutch applications in automobiles, motorcycles, light trucks, and some bicycles. It is used to transfer force into pressure, and to amplify braking force. It works by using the force of the brake pedal to pressurize the brake fluid, which then acts on the brake calipers and other components to apply the brakes.
The brake fluid market is highly competitive, with a wide range of products available from a variety of manufacturers. Different types of brake fluid are available, including mineral oil, glycol ether, and silicone-based fluids. Each type has its own advantages and disadvantages, and the choice of fluid depends on the application.
Some of the major companies in the brake fluid market include Castrol, Valvoline, Shell, ExxonMobil, and Total. Show Less Read more