Fior Markets revealed study on Global Automotive Coolant Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 which offers a deep scenario on the current state focusing on the major drivers and restraints for the key players. This report guides through various segments market with size status and forecast 2024. It’s a professional and in-depth study report that offers granular analysis of the market share, manufacturers, product type, applications, technological advancement, and geographic regions.
Automotive coolant, also known as antifreeze, is a liquid substance that circulates through an internal combustion engine and draws off excessive heat. The two most common chemicals used for this are ethylene and propylene glycol, both of which have lower freezing points than water (32° Fahrenheit or 0° Celsius). This allows the chemicals to flow freely even under cold winter conditions. Automotive Coolant also has a higher boiling point than pure water, which makes it ideal for summer use as well.
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Scope of the Report:
Recently, ethylene glycol and other type automotive coolant is the mainstream product, which take up a larger market share. While ethylene glycol type automotive coolant is toxic and corrosive, the product is harmful to engine. Propylene glycol type automotive coolant is environment-friendly. But cost of the product is high, and technology needs further exploration. Price of ethylene glycol type automotive coolant is relatively low compared to propylene glycol type automotive coolant.
Automotive coolant, especially the environment-friendly products, will be popular in the future. For the increasing demand of automotive coolant, investors will be optimistic about this area. While for the relatively permanent leading status of the major players, the new enters still face lots of challenges.
The worldwide market for Automotive Coolant is expected to grow at a CAGR of roughly 2.3% over the next five years, will reach 5640 million US$ in 2024, from 5030 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automotive Coolant in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In addition, it delivers market trends, industry drivers, challenges, opportunities, key company profiles and strategies of players such as Prestone, Shell, Exxon Mobil, Castrol, Total, CCI, BASF, Old World Industries, Valvoline, Sinopec, CNPC, Lanzhou BlueStar, Zhongkun Petrochemical, KMCO, Chevron, China-TEEC, Guangdong Delian, SONAX, Getz Nordic, Kost USA, Amsoil, Recochem, MITAN, Gulf Oil International, Paras Lubricants, Solar Applied Materials, Pentosin, Millers Oils, Evans, ABRO, Silverhook, .
The report showcases a detailed picture of the market, distinguishing the key business influencers. Further, the SWOT analysis tool is utilized so that you can try to be one step ahead of your competitors. Overall information along with expert opinion derived from trustworthy sources will assist in understanding the Automotive Coolant market present trends, applications, and challenges. Trends like globalization, technology progress promote fragmentation regulation & ecological concerns.
This report examines market statistics giving consideration to an average production and consumption of the product coupled with the demand from the market. The report is helpful for the governments, commercials, residential and industrial consumers, as well as manufacturers, other stakeholders to organize strategies. It also includes technology source and R&D status of the foremost manufacturers in the Automotive Coolant market.
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