Global Research Automotive Power Steering Fluid Market Landscape 2 | Page 2
Power steering fluid with stop leak condition protects and seals power steering pumps from failure due to the foaming,
oxidation, and wear. Numerous fluids are either synthetic oil or mineral oil that is mixed with additives to overwhelm
foaming, advance lubrication, and prevent corrosion in the power steering gear and steering pump.
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Globally, Asia Pacific accounted for the substantial market share of automotive power steering fluid and is estimated
to lead the overall market in the years to come. The reason behind the overall market growth could be the presence
of key manufacturers in this region, increasing vehicle production, and growing disposable income.
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Market Segment:
The following manufacturers are covered in this report:
• AMSOIL
• Exxon Mobil
• Lucas Oil Products
• Shell
• Valvoline
Automotive Power Steering Fluid Breakdown Data by Type
• Senior
• Ordinary