Automotive Brake Fluid Market Analysis to Decelerate in 2027 as COVID-19 Pandemic Takes Its Toll on Global Market
In the automotive market, initially mechanical brakes were used which were gradually replaced by hydraulic brakes, where brake fluid was required. The first hydraulic system was developed in 1914 by Frederick Duesenberg, an American automotive pioneer. Today, most automotive brake fluid is either silicone based (DOT5) or glycol based (DOT3).
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