The Middle East & Africa Automotive Brake Fluid Market size was valued at around USD 850 million in 2024 and is projected to reach USD 1,110 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Middle East & Africa Automotive Brake Fluid Market Driver:
Growing Demand for Passenger & Commercial Vehicles – The market for automobile brake fluid in the Middle East and Africa is largely pushed by the rising demand for both passenger and commercial motors. Automobile ownership has extended due to fast urbanization and rising disposable incomes in nations like South Africa, Saudi Arabia, and the United Arab Emirates. Passenger vehicle registrations extended by 5% in the UAE alone in 2022 indicating a strong automobile industry. The demand for commercial motors has additionally extended due to the growth of the logistics and transportation industry in South Africa. The light commercial vehicle is projected to increase by 7 lakh units by 2030 in the MENA. In regions with difficult terrain and vicious climates, brake fluids are vital to retaining the dependability and safety of braking structures. The want for effective brake fluids to meet safety standards has been exacerbated by authorities’ emphasis on improving avenue safety which incorporates more difficult vehicle inspection rules. Both OEM and aftermarket markets are seeing a growth in demand for excessive-performance brake fluids as vehicle income rises.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Middle East & Africa Automotive Brake Fluid Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Brakes Type
- Disk Brakes – Market Size & Forecast 2020-2030, USD Million
- Drum Brakes – Market Size & Forecast 2020-2030, USD Million
- Hydraulic Wet Brakes – Market Size & Forecast 2020-2030, USD Million
- Rheostatic Brakes – Market Size & Forecast 2020-2030, USD Million
- Regenerative Brakes – Market Size & Forecast 2020-2030, USD Million
- By Technology
- Antilock Braking System – Market Size & Forecast 2020-2030, USD Million
- Traction Control System – Market Size & Forecast 2020-2030, USD Million
- Electronic Stability Control – Market Size & Forecast 2020-2030, USD Million
- Electronic-Brake Force Distribution – Market Size & Forecast 2020-2030, USD Million
- Break-By-Wire – Market Size & Forecast 2020-2030, USD Million
- By Fluid Type
- Petroleum – Market Size & Forecast 2020-2030, USD Million
- Non-Petroleum – Market Size & Forecast 2020-2030, USD Million
- By Product
- Castor Oil-based – Market Size & Forecast 2020-2030, USD Million
- Glycol-based – Market Size & Forecast 2020-2030, USD Million
- Silicone-based – Market Size & Forecast 2020-2030, USD Million
- By Sales Channel
- OEM – Market Size & Forecast 2020-2030, USD Million
- Aftermarket – Market Size & Forecast 2020-2030, USD Million
- By End User
- Passenger Cars – Market Size & Forecast 2020-2030, USD Million
- Utility Vehicles – Market Size & Forecast 2020-2030, USD Million
- SUVs – Market Size & Forecast 2020-2030, USD Million
- Motorcycles – Market Size & Forecast 2020-2030, USD Million
- Trucks and Buses – Market Size & Forecast 2020-2030, USD Million
- Trailers – Market Size & Forecast 2020-2030, USD Million
- By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
- Egypt
- Israel
- Turkey
- South Africa
- Rest of the Middle East & Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Brembo S.p.A, BASF SE, Haldex Group, Royal Dutch Shell plc, Hyundai Mobis, Knorr-Bremse AG, Exxon Mobil Corporation, Robert Bosch LLC, TotalEnergies SE, Castrol, FUCHS, Morris Lubricants and Others are looking forward to strengthening their market positions.
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