The research report on Automotive Coolant market projects industry estimates for next five years starting 2022 – 2027. The report focuses on different aspect have an impact on market. The report evaluates several factors determining the market expansion as well as the volume of the whole Automotive Coolant Market Report 2022 by Manufacturer, Region, Type and Application.
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The global Automotive Coolant market was valued at 5403.21 Million USD in 2021 and will grow with a CAGR of 2.14% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.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.
By Market Verdors:
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
By Types:
Ethylene Glycol Coolant
Propylene Glycol Coolant
By Applications:
Passenger Vehicle
Commercial Vehicle
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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