Press release
Antifreeze Coolant Market: Learn Advantage, Disadvantage and Latest Innovation of Top Key Players: Dow, BASF, Chevron, Kost USA, Total, Exxon Mobil, Shell, BP.
Chemicals utilised in the manufacture of anti-freeze coolants are toxic in nature and are derived from conventional energy sources. These chemicals are not eco-friendly. Owing to this concern, efforts are being made to develop chemicals such as propylene glycol from renewable sources or materials such as corn,stover, oil bearing crops, and other bio-based resources. Recycled ethylene glycol from processes such as distillation, reverse osmosis, and ion exchange is also gradually making its mark in the market for utilisation as an engine coolant. Recent research and development efforts are also being undertaken to explore opportunities in utilisation of 1,3 Propanediol and glycerin in development of coolant-based fluids.Anti-freezing coolant has growth potential with the rising demands of the automobile and aerospace segments. Analysis shows that the European market, due to its geographical location, is the most lucrative market followed by APAC and North America for anti-freezing coolants. In Europe, 75% of freight is transported through roads. Most countries in Europe witness snowfall which hampers the efficiency of transportation in Europe. This is the main reason for anti-freezing coolants finding a prominent place in Europe. Besides this, around 16.2 million automobiles are manufactured across 25 countries in Europe. Also, most of the high performance four wheeler companies are located in Germany, UK, France, Italy and Poland. The demand for heavy trucks and light vehicles across Europe will fuel the anti-freeze coolants market.
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APAC is the next potential market after Europe. Rise in demand for passenger vehicles in emerging economies such as China and India will drive the anti-freeze market vertically upwards.
North America is the next lucrative market for business enterprises offering anti-freeze coolants. The automotive industryhas been expanding its business in the Canadian, USA and Mexican markets. This expansion will offer a lucrative market for anti-freeze coolants manufacturers. Canada and Mexico will see a CAGR growth of 8% in automotive coolants.
In this report, the global Antifreeze Coolant market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Major Players operating in market: This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: Dow, BASF, Chevron, Kost USA, Total, Exxon Mobil, Shell, BP.
Global Antifreeze Coolant Market Outlook market will prove as a valuable source of guidance for professional clients like Tier 1, Tier 2, Tier 3 level managers, CEOs, CMOs, as well as interested individual reader’s across the world. Vendor Landscape provide acts as key development and focus of above professional with common aim to lead the way of Global Antifreeze Coolant Market Outlook market Worldwide.
Key Stakeholders/Global Reports:
• Antifreeze Coolant Manufacturers
• Antifreeze Coolant Distributors/Traders/Wholesalers
• Antifreeze Coolant Sub-component Manufacturers
• Industry Association
• Downstream Vendors
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Methanol
Ethylene Glycol
Propylene Glycol
Glycerol
Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Electronics
Industrial
Automotive
Aerospace
Construction
Others
Significant Market Features:
This report features mainly top to bottom approach to target key aspects of Global Antifreeze Coolant Market Outlook market that includes, Gross Revenue, CAGR, Key Players, Cost Structure, Production Capacity, Sales Analysis and Future Growth Trends projected on the basis of historical Global Antifreeze Coolant Market Outlook research.
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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