Automotive Coolant Market


Posted August 17, 2020 by mayurikathade

Automotive Coolant Market was valued at 8.4 billion in 2018 and is expected to grow at CAGR of XX % during 2018-2026.

 
Automotive Coolant Market was valued at 8.4 billion in 2018 and is expected to grow at CAGR of XX % during 2018-2026.
Though current global outlook is positive for the market, expected slow down in Indian automobile sector is expected to hold the growth in APAC region.

Organic chemicals, such as Ethylene Glycol, Di-Ethylene Glycol, or Propylene Glycol are used as coolants for automotive applications. Ethylene Glycol is chosen mostly as the Automotive Coolant Market. The ethylene glycol, on the other hand, is highly toxic and requires careful disposal. Therefore, the coolant industries gradually began developing coolants that were less toxic.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Various metal parts of engine present within vehicle tend to overheat due to contamination by impurities and extreme usage, which may cause the failure of engine leading to the usage of automotive coolants. Engine coolant provides several advantages such as improving the life of the vehicle and dropping the number of maintenance or repairs. These benefits are expected to increase the Automotive Coolant Market during the forecast period.

APAC is leading a Automotive Coolant Market followed by Europe and North America. In recent years, demand for passenger cars and commercial vehicles have rapidly increased in the APAC region, leading to growth in demand for coolants in this region, which will, in turn, drive the Automotive Coolant Market.Automotive Coolant Market2

The objective of the report is to present comprehensive Automotive Coolant Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Automotive Coolant Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Automotive Coolant Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Automotive Coolant Market North America for Asia Pacific make the report investor’s guide.
Key Players Analysed in the Automotive Coolant Market:

• Castrol Limited
• Exxon Mobil Corp
• Royal Dutch Shell plc
• Sinopec Lubricant Company
• Ashland
• Sinclair Oil Corporation
• Havoline
• Chevron Corporation
• British Petroleum
• Valvoline
• Chevron Philips Corporation
• Sinopec
• Total S.A.
• Kost USA
• Motul
• Ashland Corporation
• Lukoil
• Petronas
• Sinclair Oil Corporation
• Rudson
• Amsoil
• Bluestar Lubrication Technology
The scope of the Automotive Coolant Market:

Automotive Coolant Market, By Product Type:
• Ethylene Glycol
• Propylene Glycol
• Glycerin

Automotive Coolant Market, By Application:
• Passenger Car
• Commercial Vehicle
• Motorcycle

Automotive Coolant Market, By Technology:
• Inorganic Acid Technology
• Organic Acid Technology
• Hybrid Organic Acid Technology

Automotive Coolant Market, By Region:
• North-America
• Europe
• Latin America
• Middle East
• Asia Pacific

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/automotive-coolant-market/11151/

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Tags automotive coolant market
Last Updated August 17, 2020