Infinium Global Research has added
a new report on Automotive
Antifreeze Market. The report
presents analysis of global as well as regional markets of automotive
antifreeze market over the period of 2018 to 2024. Antifreeze
or coolant is an additive used, to manage the temperature of the engine and
protect liquid cooled internal combustion engines from freezing during the
winter and boil-over during the summer. Antifreeze performs two primary
functions such as lowering the freezing point of coolant and raising the
boiling point of the coolant. Ethylene glycol and propylene glycol are
antifreeze commonly used antifreezing agents added to water. It is widely used
in the automotive cooling system to prevent damage to the engine water jacket
and radiator. Used antifreeze may become contaminated with organic compounds
like benzene and heavy metal such as lead when removed from vehicles.
Rising automotive industry all over the globe and growing demand
for high-performance commercial vehicles are the key factors to enhance the
growth of automotive antifreeze market. In addition, growing concerns related
to the protecting the automotive engines and radiators are propelling the
demand for automotive antifreeze products. Increased demand for Ethylene Glycol
to further facilitate growth in this market. Ethylene Glycol is mainly used in
the automotive industry owing to its desirable thermal properties, including a
high boiling point, low freezing point. Going forward, research and development
activities for cost-effective, environment-friendly, Bio-Based Coolants or Antifreeze
are anticipated to create immense opportunities for the Automotive Antifreeze
Market over the forecast period.
The Asia Pacific region is dominated by the automotive
antifreeze market followed by North America. The factor responsible for the
growth of this market is the growing demand for passenger car and the
lightweight vehicle in countries such as India, China, and Japan. In addition,
the presence of major automobile manufacturers in the Asia Pacific region and
increasing sale of automobiles in China is also creating huge growth for
Automotive Antifreeze Market. North America is anticipated to be the fastest
growing region in automotive antifreeze market. The demand for light vans and
trucks has grown in this region. Europe has expected the steady growth in this
market owing to the growing automotive manufacturing and aerospace sector. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global automotive antifreeze market
but also make strategic decisions to capture the most lucrative markets in the
near future. The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
Get
15% discount for early purchase of global automotive antifreeze market report
by clicking the following link, Use code IGRD15 to request the discount in the
given form
https://www.infiniumglobalresearch.com/reports/request-discount/1779
The recent report identified that
Asia Pacific dominated the global automotive antifreeze market over the last
couple of years, while emerging markets of Asia-Pacific and Latin America are
anticipated to contribute significantly to the growth in the automotive
antifreeze market worldwide.
The report segments the global
automotive antifreeze market on the basis of Product Type ,
Technology , Vehicle Type and Application.
Global Automotive Antifreeze
Market by Product Type
·
Glycerin
·
Propylene Glycol
·
Ethylene Glycol
Global Automotive Antifreeze
Market by Technology
·
IAT
·
OAT
·
HOAT
Global Automotive Antifreeze Market
by Vehicle Type
·
Passenger Vehicles
·
Commercial Vehicles
Global Automotive Antifreeze
Market by Application
·
Automotive
·
Aerospace
·
Industrial
Companies Profiled in the Report
·
Chevron Corporation
·
Exxon Mobil Corporation
·
China Petrochemical Corporation
·
Royal Dutch Shell PLC
·
Cummins Inc.
·
BASF SE
·
Prestone Products Corporation
·
Motul
About Infinium Global Research
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as well as quantitative information, which are blended using forecasting models
in order to project future market demand. Our panels of Subject Matter Experts
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