Press release
Automotive Coolant Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2023
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.LPI (LP Information)' newest research report, the "Automotive Coolant Industry Forecast" looks at past sales and reviews total world Automotive Coolant sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Coolant sales for 2023 through 2029. With Automotive Coolant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Coolant industry.
This Insight Report provides a comprehensive analysis of the global Automotive Coolant lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Coolant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Coolant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Coolant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
Get More Information on this Report:
https://www.lpinformationdata.com/reports/453364/automotive-coolant-2029
The global Automotive Coolant market size is projected to grow from US$ 5391.1 million in 2022 to US$ 6313.7 million in 2029; it is expected to grow at a CAGR of 6313.7 from 2023 to 2029.
Global Automotive Coolantkey players include Prestone, Shell, Exxon Mobil, Castrol, Total, etc. Global top five players hold a share about 50%.
Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.
In terms of product, Ethylene Glycol Coolant is the largest segment, with a share about 90%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Coolant market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Automotive Coolant Includes:
Prestone
Shell
Exxon Mobil
Castrol
Total
CCI
BASF
Old World Industries
Valvoline
Sinopec
CNPC
Lanzhou BlueStar
Zhongkun Petrochemical
KMCO
Chevron
China-TEEC
Guangdong Delian
SONAX
Getz Nordic
Kost USA
Amsoil
Recochem
MITAN
Gulf Oil International
Paras Lubricants
Solar Applied Materials
Pentosin
Millers Oils
Evans
ABRO
Market Segment by Type, covers:
Ethylene Glycol Coolant
Propylene Glycol Coolant
Other
Market Segment by Applications, can be divided into:
Passenger Vehicle
Commercial Vehicle
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
For more report information, please contact us:https://www.lpinformationdata.com/contact-us
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LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what's important to you, such as publication date, price, or name.
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