Global Automotive Coolant Market Manufacturers Sales Analysis Report 2019-2024
Updated on Nov 19, 2019
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The Global Automotive Coolant Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
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.
According to this study, over the next five years the Automotive Coolant market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 5640 million by 2024, from US$ 5030 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Coolant business, shared in Chapter 3.
Browse the complete Automotive Coolant market Report and TOC @ https://www.decisiondatabases.com/ip/24727-automotive-coolant-market-analysis-report
The key manufacturers covered in this report:
- Exxon Mobil
- Old World Industries
- Lanzhou BlueStar
- Zhongkun Petrochemical
- Guangdong Delian
- Getz Nordic
- Kost USA
- Gulf Oil International
- Paras Lubricants
- Solar Applied Materials
- Millers Oils
Segmentation by product type:
- Ethylene Glycol Coolant
- Propylene Glycol Coolant
Segmentation by application:
- Passenger Vehicle
- Commercial Vehicle
This report also splits the market by region:
- United States
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- To study and analyze the global Automotive Coolant consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Automotive Coolant market by identifying its various subsegments.
- Focuses on the key global Automotive Coolant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automotive Coolant with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Automotive Coolant submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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