Industrial Coolants Market Size 2020: Segmented by Top Manufacturers Huntsman Corporation, Exxon Mobil Corporation, Cummins Filtration, Chem Arrow Corporation, The Dow Chemical Company, Commonwealth Oil Corporation Company

According to the latest report by Quince Market Insights, the global industrial coolant market has been witnessing a positive growth owing to the coolant flow is passed around or through devices for heat dissipation, which is produced by the device into the exterior environment. Coolants flow around or through devices for the transfer of the heat produced by the device to the outer environment for heat dissipation.

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Coolants are used for transferring heat from any device to prevent overheating. The coolant flow is passed around or through devices for heat dissipation, which is produced by the device into the exterior environment. Industrial coolants absorb heat from machines or engines and dissipate it by means of a radiator. Industrial coolants are commonly known as antifreeze liquids. The coolant is made by a mixture of propylene or ethylene glycol with water in different proportions. Thus industrial coolants possess many properties, such as low viscosity, high thermal capacity, non-toxicity, low-cost, and chemical inertness. Water is the most common coolant. The main advantage of water as a coolant is its high heat-absorbing capacity and low cost. It is commonly used with additives such as corrosion inhibitors and antifreeze.

The global industrial coolant market is expected to witness high demand due to applications of industrial coolants in various industries such as power generation, oil & gas, automotive, chemicals, electronics, and aerospace & defense. The market for industrial coolants in the Asia Pacific is estimated to expand at a high pace due to rapid industrialization and expansion of the economy in the region.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o Huntsman Corporation
o Exxon Mobil Corporation
o Cummins Filtration
o Chem Arrow Corporation
o The Dow Chemical Company
o Commonwealth Oil Corporation Company
o Total Oil

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North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions.

The Asia Pacific and the Middle East are expected to register substantial growth in the industrial coolants market during the forecast period. This demand is with regard to the growth of major applications such as power generation, oil & gas, automotive, chemicals, electronics, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.

The global industrial coolant market is expected to witness high demand due to applications of industrial coolants in various industries such as power generation, oil & gas, automotive, chemicals, electronics, and aerospace & defense. The market for industrial coolants in the Asia Pacific is estimated to expand at a high pace due to rapid industrialization and expansion of the economy in the region.

The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market along with identifying major segments, and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand of industrial coolant market.

Market Segmentation:

By Type:
o Green Anti-freeze Coolants
o HOAT Anti-freeze Coolants
o OAT Anti-freeze Coolants

By Product:
o Ethylene Glycol
o Propylene Glycol

By Grade:
o E100
o E100N
o E300
o P150
o HD
o P150N
o P200
o Others

By Application:

o Power Generation
o Oil & Gas
o Automotive
o Chemicals
o Electronics
o Others

By Region:

North America
By Country (US, Canada, Mexico)
By Type
By Product
By Application
Western Europe:
By Country (Germany, UK, France, Spain, Rest of Western Europe)
By Type
By Product
By Application
Eastern Europe:
By Country (Russia, Turkey, Rest of Eastern Europe)
By Type
By Product
By Application
Asia Pacific
By Country (China, Japan, India, Rest of Asia Pacific)
By Type
By Product
By Application
Middle East:
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Type
By Product
By Application
Rest of the World
By Region (Latin America, Brazil, Rest of the World)
By Type
By Product
By Application

This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

Reasons to Buy This Report:

*Market size estimation of the global industrial coolants market on a regional and global basis
*The unique research design for market size estimation and forecast
*Profiling of major companies operating in the market with key developmentsBroad scope to cover all the possible segments helping every stakeholder in the market

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
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Email: sales@quincemarketinsights.com
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This release was published on openPR.