Automotive Engine Oil Coolant Market 2018 Key Country Forecast To 2023: Global Size, Share, Key Players Automotive Engine Oil Coolant Market 2018 Key Country Forecast To 2023: Global Size, Share, Key Players MAHLE, Dana, Castrol, Titanx, PWR, Setrab, Amso

Automotive Engine Oil Coolant Market 2018 Global Industry Trends, Size, Share, Sales and Regional Analysis Report, include historic data, with forecast data to 2023. Automotive Engine Oil Coolant Market research report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, and key player’s outlook. Automotive Engine Oil Coolant Market is growing at 11% CAGR by 2023.

Global Automotive Engine Oil Coolant Market is growing at high growth rate during forecast period of four years from 2018. Automotive Engine Oil Coolant Market is segmented by Type (Synthetic, Organic, and Hybrid), Cooling Mechanism (Air Cooled, Liquid Cooled), Function (Engine Cooling, Corrosion Prevention), End Market (OEM, Aftermarket), Vehicle Type (Passenger, LCV, and HCV), and Region in this report.

Competitive Landscape:

Automotive Engine Oil Coolant Market Key Players Analyzed in Report Are:

MAHLE GmbH (Germany), Dana Incorporated (U.S.), Castrol (U.K.), Fluidyne Control Systems (P) Ltd (India), Titanx Engine Cooling, Inc. (U.S.), and PWR Holdings (Australia). Setrab (U.S.), Amsoil Inc. (U.S.), Blue Star Lubrication Technology LLC (U.S.), Valvoline (U.S.), Royal Dutch Shell (U.K.), and Chevron Corporation (U.S.).

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The global Automotive Engine Oil Coolant Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Automotive Engine Oil Coolant Market.

Market Scenario:

The global automotive sales have seen a steady increase in the last couple of decades consistently. The variety and types of auto motives produced around the world are large. Still, the working principle that governs the functioning of any automotive remains the same. 90% automobiles produced globally run either on gasoline (petrol), which is finer or a more pure form of fuel, or diesel – which is considered the lesser pure or cruder variety of the two. The automotive engine, i.e., the internal combustion (I.C.) engine mainly functions on the combustion of fuel and the resultant energy produced from it. Fuel is injected from one of the nozzles in the engine and it is ignited causing combustion of the same. The by-products are heat and smoke. Out of the total heat produced, two third i.e. 67% is wasted away and only 33% is utilized for quality work (moving the crankshaft and thus the vehicle).

The heat that is wasted away causes the engine and related parts to heat up. This if not looked into in time, will cause overheating of the internal components. This drastically reduces the efficiency of the automotive. Also, the overheating causes malfunctioning of the components and would alter their dimensions. This may lead to total engine failure causing the vehicle to stop dead in the middle of the road. This may result in fatalities, wastage of time and money, loss of man hours, wastage of material needed to be transported and most importantly causing escalating delay for allied activities. Another aspect of this is the corrosion and rusting caused due to constant exposure to heat and fuel causing deterioration of the parts again hampering efficiency and overall engine life. For avoiding all these things, proper care of the engine in the form of periodic maintenance and using the right quality of coolant is of utmost importance, thus highlighting the need for automotive engine oil coolant usage.

Market Segmentation:

Of the three type segments, the synthetic oil coolant variety is expected to grow the fastest. This is because these coolants enhance the driving experience of high-performance cars. In terms of the affordability and easy access, the hybrid variety is most sought after since it combines the properties of both the types. The organic component in the hybrid variety aids in avoiding corrosion of metal components, while the synthetic variety helps in boosting performance. In the types of cooling mechanisms, the most affordable and easy to fit is the air-cooled variety, while the most economical and effective is the water-cooled type. By function, the ideal engine oil coolant would be the one that acts for a dual purpose – engine cooling and corrosion resistance of metal parts. Concerning end market, OEMs segment try to form a deal with the automakers to maximize sales and to compel the consumers to keep the continuity in the oil variety used. In the vehicle type segment, the long haul running and 24x7 operating heavy commercial vehicles need immaculate and precise engine oil coolant solutions owing to the work and vehicle load that is at stake.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The U.S. population is particularly known for its preference of large road plying trucks that travel from coast to coast transporting goods and materials of all kinds. Additionally, people here, are known for their choice of large personalized vehicles such as mini trucks and SUVs, thus making this market an attractive proposition. Asia Pacific market (India, China and the South East Asian countries in particular) fall in the tropical region where engine heating is a big problem. Thus the market for engine oil coolant will consistently grow in this region. As for the Europe market, the consistent sale of automobiles and variety of high-end automobiles produced here make this region a strong contender for the growth of the engine oil coolant market.

Tables of Content:

TABLE 1 GLOBAL AUTOMOTIVE ENGINE OIL COOLANT MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA AUTOMOTIVE ENGINE OIL COOLANT MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE AUTOMOTIVE ENGINE OIL COOLANT MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC AUTOMOTIVE ENGINE OIL COOLANT MARKET: BY COUNTRY, 2017-2023

TABLE 5 ROW AUTOMOTIVE ENGINE OIL COOLANT MARKET: BY COUNTRY, 2017-2023

TABLE 6 GLOBAL AUTOMOTIVE ENGINE OIL COOLANT MARKET, BY TYPES, BY REGIONS, 2017-2023

TABLE 7 NORTH AMERICA AUTOMOTIVE ENGINE OIL COOLANT MARKET, BY TYPES, BY COUNTRY, 2017-2023

TABLE 8 EUROPE AUTOMOTIVE ENGINE OIL COOLANT MARKET, BY TYPES, BY COUNTRY, 2017-2023

TABLE 9 ASIA PACIFIC AUTOMOTIVE ENGINE OIL COOLANT MARKET BY TYPES, BY COUNTRY, 2017-2023

TABLE 10 ROW AUTOMOTIVE ENGINE OIL COOLANT MARKET BY TYPES, BY COUNTRY, 2017-2023

Continued…

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