Press release
Automotive Engine Oil Coolant Market 2018 Global Company, and Key Country Analysis 2023: MAHLE, Dana, Castrol, Fluidyne, Titanx, PWR, Setrab, Amsoil, Blue Star, Valvoline, Royal Dutch Shell, And Chevron
Automotive Engine Oil Coolant Market Research Report 2018 – Global Industry Forecast to 2023, is latest research report on Automotive Engine Oil Coolant Industry, Automotive Engine Oil Coolant Global Market is to grow at 11% CAGR from 2018 to 2023. 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.Key Companies In Automotive Engine Oil Coolant Market Analyzed 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.) are among others.
Get sample copy of on “Automotive Engine Oil Coolant Market Research Report - Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/5692
Global Automotive Engine Oil Coolant Market Highlights:
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.
Automotive Engine Oil Coolant 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.
The report for Global Automotive Engine Oil Coolant Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Scope of the Report:
This study provides an overview of the Global Automotive Engine Oil Coolant Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Engine Oil Coolant Market by its Type, Cooling Mechanism, Function, End Market, Vehicle Type and Region.
LIST OF TABLES:
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
TABLE 11 AUTOMOTIVE ENGINE OIL COOLANT BY FUNCTIONMARKET: BY REGIONS, 2017-2023
TABLE 12 NORTH AMERICA AUTOMOTIVE ENGINE OIL COOLANT MARKET BY COOLING MECHANISM: BY COUNTRY, 2017-2023
Continued...
For more details on this report visit at: https://www.marketresearchfuture.com/reports/automotive-engine-oil-coolant-market-5692
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