Indonesia Automotive Brake Fluid Market (2023-2029) | Size, Trends, Industry, Share, Revenue, Analysis, Growth, Value, Segmentation, Outlook & COVID-19 IMPACT
Market Forecast By Product Type (DOT 3 Glycol, DOT 4 Glycol, DOT 5 Silicon), By Fluid Type (Petroleum, Non-Petroleum), By Vehicle Type (Passenger Vehicle, Commercial Vehicle, Off Road), By Sales Channel (OEMs, After Sales) And Competitive Landscape
| Product Code: ETC082367 | Publication Date: Jun 2021 | Updated Date: Apr 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 77 | No. of Figures: 24 | No. of Tables: 8 | |
Indonesia Automotive Brake Fluid Market Competition 2023
Indonesia Export Potential Assessment For Automotive Brake Fluid Market (Values in Thousand)
Indonesia Automotive Brake Fluid Market Synopsis
The Indonesia Automotive Brake Fluid Market, during the COVID-19 pandemic in 2020 was negatively affected, as there was a decline in sales of vehicles industries caused by border closures, lockdowns, and supply chain disruptions and it further got disrupted due to the constraints in import of many critical parts of vehicles along with the global shortage of semiconductor chips used in automobiles. However, with a double-digit growth rate of 17.82 percent in 2021, the automobile sector in Indonesia saw extraordinary development. A total of 2.35 million cars are produced annually which pushed the Indonesia Automotive Brake Fluid Industry for related sub sectors to gain a growth momentum.
According to 6Wresearch, the Indonesia Automotive Brake Fluid Market size is projected to grow at a CAGR of 6.9% during 2023–2029. The automotive industry is one of the primary pillars supporting the development of the industrial sector and the overall national economy, as evidenced by the growth of the transportation and shipping industry by 21.27% in 2021-2022. As per government stats, almost $9 billion had been invested in the automotive industry withthe production of 2.35 million vehicles in 2021. Also, the sales tax rebates offered by the government for automobiles are expected to boost the utilization and performance of the automotive component industry while reducing sales shocks and giving traction to the automotive industry's growth in the coming years. Also, mining is one of the major industries which has two aspects; one is the application of commercial vehicles whose sales were up by almost 19% at 270,174 units in 2022 from the level a year ago.
Market by Product Type
DOT 4.0 would be the fastest growing segment on the back of its better chemical and technical specifications such as sustaining high temperature and pressure and having low moisture absorption and thus make it suitable for future mobility. However, the DOT3.0 would remain the dominating segment in Brake Fluid Market in Indonesia due to its low pricing, ease in availability and its usage in replacement for older automobiles.
Market by Fluid Type
Petroleum based brake fluid dominated the market and it is expected to remain the largest segment in the forecast period as well on account of its wider application in automotive sector and also it is cost effective in comparison to non-petroleum-based brake fluids.
Market by Vehicle Type
Growing mining activities, along with increasing logistics and industrial sector would propel the sales of commercial vehicle in Indonesia which in turn would make a rise in consumption of brake fluids for commercial vehicles. However, the passenger vehicle segment would hold the largest market share due to rising demand for automobiles from growing population and their rising income level.
Market by Sales Channel
Aftersales market would remain the fastest growing segment on the back of rising new car sales and old vehicles as well which would further offer the replacement market for brake fluids in coming years. Also, easily available nearby shops with wide range of product offering from different brands make the aftersales market as largest revenue generating segment.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 11 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Indonesia Automotive Brake Fluid Market Overview
- Indonesia Automotive Brake Fluid Market Outlook
- Indonesia Automotive Brake Fluid Market Forecast
- Historical Data and Forecast of Indonesia Automotive Brake Fluid Market Revenues and Volume, for the Period 2019-2029F
- Historical Data and Forecast of Indonesia Automotive Brake Fluid Market Revenues, By Product Type, for the Period 2019-2029F
- Historical Data and Forecast of Indonesia Automotive Brake Fluid Market Revenues, By Fluid Type, for the Period 2019-2029F
- Historical Data and Forecast of Indonesia Automotive Brake Fluid Market Revenues, By Sales Channel, for the Period 2019-2029F
- COVID-19 Impact on Indonesia Automotive Brake Fluid Market
- Indonesia Automotive Brake Fluid Market Drivers and Restraints
- Indonesia Automotive Brake Fluid Market Trends
- Indonesia Automotive Brake Fluid Market Porters Five Forces
- Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Product Types, 2029F
- Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Fluid Type, 2029F
- Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Sales Channel, 2029F
- Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Vehicle Type, 2029F
- Import- Export statistics
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Product Type
- DOT 3 Glycol
- DOT 4 Glycol
- DOT 5 Silicon
By Fluid Type
- Petroleum
- Non-Petroleum
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- Off Road
By Sales Channel
- OEMs
- After Sales
Indonesia Automotive Brake Fluid Market: FAQs
The Indonesia Automotive Brake Fluid Market size is projected to grow at a CAGR of 6.9% during 2023-2029.
Petroleum based brake fluid dominated the market and it is expected to remain the largest segment in the forecast period as well on account of its wider application in automotive sector and also it is cost effective in comparison to non-petroleum-based brake fluids.
Segments covered in the market report include by product type, fluid type, vehicle type, and sales channels.
The braking hardware is also making a move with the advancement in software and architecture of the braking systems. The ever-changing and dynamic automotive market with daily advancement and upgrading technologies would hinder the growth of traditional systems of vehicles and hydraulic braking system is one of them.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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1. Executive Summary |
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2. Introduction |
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2.1 Report Description |
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2.2 Key Highlights of the Report |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3. Indonesia Automotive Brake Fluid Market Overview |
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3.1 Indonesia Country Macro Economic Indicators |
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3.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, 2019-2029F |
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3.3 Indonesia Automotive Brake Fluid Market - Industry Life Cycle |
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3.4 Indonesia Automotive Brake Fluid Market - Porter's Five Forces |
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4. Impact Analysis of COVID-19 on Indonesia Automotive Brake Fluid Market |
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5. Indonesia Automotive Brake Fluid Market Dynamics |
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5.1 Impact Analysis |
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5.2 Market Drivers |
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5.3 Market Restraints |
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6. Indonesia Automotive Brake Fluid Market Trends |
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7. Indonesia Automotive Brake Fluid Market Overview |
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7.1 Indonesia Automotive Brake Fluid Market Revenue & Volume Share, By Fluid Type, 2022 & 2029F |
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7.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Fluid Type, 2019-2029F |
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7.2.1 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Petroleum Fluid, 2019-2029F |
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7.2.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Non-Petroleum Fluid, 2018 - 2019-2029F |
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7.3 Indonesia Automotive Brake Fluid Market Revenue & Volume Share, By Vehicle Type, 2022 & 2029F |
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7.4 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Vehicle Type, 2019-2029F |
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7.4.1 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Passenger Vehicles (PVs), 2019-2029F |
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7.4.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Commercial Vehicles (CVs), 2019-2029F |
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7.4.3 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Off-Road Vehicles, 2019-2029F |
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7.5 Indonesia Automotive Brake Fluid Market Revenue & Volume Share, By Product Type, 2022 & 2029F |
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7.6 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Product Type, 2019-2029F |
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7.6.1 Indonesia Automotive Brake Fluid Market Revenues & Volume, By DOT 3, 2019-2029F |
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7.6.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, By DOT 4, 2019-2029F |
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7.6.3 Indonesia Automotive Brake Fluid Market Revenues & Volume, By DOT 5.1, 2019-2029F |
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7.7 Indonesia Automotive Brake Fluid Market Revenue & Volume Share, By Sales Channel, 2022 & 2029F |
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7.8 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Sales Channe, 2019-2029F |
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7.8.1 Indonesia Automotive Brake Fluid Market Revenues & Volume, By OEMs, 2019-2029F |
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7.8.2 Indonesia Automotive Brake Fluid Market Revenues & Volume, By Aftermarket, 2019-2029F |
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8. Indonesia Automotive Brake Fluid Market Import-Export Trade Statistics |
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8.1 Indonesia Automotive Brake Fluid Market Export to Major Countries |
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8.2 Indonesia Automotive Brake Fluid Market Imports from Major Countries |
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9. Indonesia Automotive Brake Fluid Market Key Performance Indicators |
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10. Indonesia Automotive Brake Fluid Market - Opportunity Assessment |
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10.1 Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Fluid Type, 2029F |
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10.2 Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Vehicle Type, 2029F |
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10.3 Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Product Type, 2029F |
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10.4 Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Sales Channel, 2029F |
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11. Indonesia Automotive Brake Fluid Market - Competitive Landscape |
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11.1 Indonesia Automotive Brake Fluid Market Competitive Benchmarking, By Operating Parameters |
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11.2 Indonesia Automotive Brake Fluid Market Competitive Benchmarking, By Technical Parameters |
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12. Company Profiles |
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12.1 Exxon Mobil Corporation |
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12.2 Castrol Limited |
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12.3 Liqui Moly |
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12.4 Motul Tech |
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12.5 Sinopec Lubricant Pte Ltd |
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12.6 Fuchs Petrolub Se |
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12.7 Hi-Tec Oils Pty Ltd |
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12.8 Morris Lubricants |
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12.9 Repsol |
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12.10 Bosch Group |
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13. Indonesia Automotive Brake Fluid Market Key Strategic Recommendations |
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14. Disclaimer |
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List of Figures |
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1.Indonesia Inflation rate, average consumer prices (Annual thousand percent change), 2017-2025F Indonesia Inflation rate, average consumer prices (Annual thousand percent change), 2017-2025F |
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2.Indonesia GDP, current prices (USD Billions), 2018-2025FIndonesia GDP, current prices (USD Billions), 2018-2025F |
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3.Indonesia Current account Balance (In percent of GDP), 2017-2025F Indonesia Current account Balance (In percent of GDP), 2017-2025F |
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4.Indonesia FDI (in Percent of GDP), 2017-2021 Indonesia FDI (in Percent of GDP), 2017-2021 |
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5. Indonesia Automotive Brake Fluid Market Revenues & Volume, 2019-2029F ($ Million, Million Litres) |
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6. Indonesia FDI in automotive and transportation Industry, 2018-2021 ($ Million) |
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7. Indonesia Automotive Brake Fluid Market Revenue Share, By Fluid Type, 2022 & 2029F |
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8. Indonesia Automotive Brake Fluid Market Volume Share, By Fluid Type, 2022 & 2029F |
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9. Indonesia Automotive Brake Fluid Market Revenue Share, By Vehicle Type, 2022 & 2029F |
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10. Indonesia Automotive Brake Fluid Market Volume Share, By Vehicle Type, 2022 & 2029F |
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11. Indonesia Automotive Brake Fluid Market Revenue Share, By Product Type, 2022 & 2029F |
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12. Indonesia Automotive Brake Fluid Market Volume Share, By Product Type, 2022 & 2029F |
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13. Indonesia Automotive Brake Fluid Market Revenue Share, By Sales Channel, 2022 & 2029F |
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14. Indonesia Automotive Brake Fluid Market Volume Share, By Sales Channel, 2022 & 2029F |
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15. Indonesia Automotive Brake Fluid Market Exports , 2018-2022 (in $ Thousand) |
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16. Indonesia Automotive Brake Fluid Market Exports, By Top Exporting Destinations, 2022 (in $ Thousand) |
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17. Indonesia Automotive Brake Fluid Market Imports , 2018-2022 (in $ Thousand) |
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18. Indonesia Automotive Brake Fluid Market Imports, By Top Importing Countries, 2022 (in $ Thousand) |
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19. Indonesia Number of Vehicles Produced, 2023-2024, (Units) |
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20. Indonesia Number of Cars and Commercial Vehicle Sales, 2018-2021, (Units) |
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21. Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Fluid Type, 2029F |
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22. Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Vehicle Type, 2029F |
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23. Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Product Type, 2029F |
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24. Indonesia Automotive Brake Fluid Market Opportunity Assessment, By Sales Channel, 2029F |
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List of Tables |
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1. Indonesia Automotive Brake Fluid Market Revenues, By Fluid Type, 2019-2029F ($ Million) |
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2. Indonesia Automotive Brake Fluid Market Volume, By Vehicle Type, 2019-2029F (Million Liters) |
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3. Indonesia Automotive Brake Fluid Market Revenues, By vehicle Type, 2019-2029F ($ Million) |
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4. Indonesia Automotive Brake Fluid Market Volume, By Fluid Type, 2019-2029F (Million Liters) |
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5. Indonesia Automotive Brake Fluid Market Revenues, By Product Type, 2019-2029F ($ Million) |
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6. Indonesia Automotive Brake Fluid Market Volume, By Product, 2019-2029F (Million Liters) |
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7. Indonesia Automotive Brake Fluid Market Revenues, By Sales Channel, 2019-2029F ($ Million) |
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8. Indonesia Automotive Brake Fluid Market Volume, By Sales Channel, 2019-2029F (Million Liters) |
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