Antifreeze Market driven by Increasing Sales of Construction Equipment

Posted May 20, 2019 by rechaldey

Increasing vehicle production in North America and Europe, particularly of sports utility vehicles (SUV) and light trucks.

According to the market research report Antifreeze Market by Vehicle Type, Product (Ethylene Glycol, Propylene Glycol & Glycerin), Engine Coolant Additive Technology OE & Aftermarket (IAT, OAT, & HOAT), & Region and Construction Equipment Engine Coolant Market by Application - Forecast to 2021. The base year considered for the study is 2015, and the forecast period is 2016 to 2021. Increasing vehicle production in North America and Europe, particularly of sports utility vehicles (SUV) and light trucks.

Download our free PDF Brochure and gain crucial industry insights that will help your business grow:

Objectives of the Study:
• To analyze and forecast (2016–2021) the market size, by volume (million gallons) and value (USD million), of the antifreeze market
• To analyze and forecast (2016–2021) the market size of antifreeze market, by base fluid (ethylene glycol, propylene glycol, and glycerol)
• To define, describe, and project the engine coolant additive original equipment market by technology (Inorganic Additive Technology (IAT), Organic Additive Technology (OAT), and Hybrid Organic Acid Technology (HOAT)), in terms of volume and value at regional level
• To define, describe, and project the engine coolant additive aftermarket by technology (IAT, OAT, and HOAT) during the forecast period of 2016–2021

Request for free Customization:

The automotive antifreeze market is estimated using the bottom-up approach, where country-level models of passenger cars, light, and heavy commercial vehicle production has been studied to understand average engine size of each vehicle segment and use of coolant in the segment. A similar approach has been followed for construction equipment, where models were mapped to understand the engine size in each equipment segment.

Browse and in-depth TOC on Antifreeze Market

93 - Tables
64 - Figures
177 – Pages

The market for antifreeze, by value, is projected to grow at the fastest rate in the light commercial vehicle (LCV) segment. While passenger cars dominated the antifreeze market in 2016, light commercial vehicles are expected to dominate the market by 2021. The antifreeze market in LCV segment is expected to grow at a CAGR of 5.62% during the forecast period. This is due to the increase in production of this segment of vehicles, especially in the U.S., and the higher quantity of coolant required for these vehicles as compared to passenger cars.

Request for sample:

Antifreeze Market Key Players

Some of the key manufacturers operating in the market are B.P. PLC (U.K.), Royal Dutch Shell PLC (Netherlands), Total (France), Chevron Corporation (U.S.), and Exxon Mobil Corporation (U.S.).
About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By markets and markets
Phone 18886006441
Business Address 630 Dundee Road
Suite 430
Country India
Categories Automotive , Reports , Research
Tags Antifreeze Market
Last Updated May 20, 2019