North America Antifreeze And Coolants Market is anticipated to reach a revenue of US$ 2.3 Bn by 2030-end

North America Antifreeze And Coolants Market

As per PMR analysis, the North America antifreeze and coolants market is anticipated to expand at a CAGR of around 4% over the forecast period of 2020-2030, to reach a revenue of US$ 2.3 Bn by 2030-end.

Antifreeze and coolants are used in internal combustion engines, power generation equipment, and industrial machinery to regulate engine temperature, prevent overheating, and prevent freezing. The North American antifreeze and coolants market is expected to experience growth due to the increasing demand for vehicles and industrial machinery.

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The North American antifreeze and coolants market is witnessing significant demand due to its ability to protect engine components from corrosion, reduce noise levels and maintain vehicle performance efficiently. The availability of a wide range of antifreezes and coolants that are designed to meet different requirements has been driving the North American antifreeze and coolants market. The use of organic acids as well as hybrid organic acid technologies is boosting the North American antifreeze and coolant industry due to their superior characteristics such as low toxicity, low volatility and improved thermal stability.

Furthermore, increasing demand for automotive vehicles due to rising population coupled with rise in disposable income are creating numerous opportunities for the North American antifreeze and coolants market. Increasing regulations regarding environmental safety standards are also propelling the North American antifreeze and coolant industry growth. However, high cost associated with these products is expected to hinder North American antifreeze and coolant market growth during the forecast period from 2023 to 2030.

Companies-

• BASF SE
• Cummins Inc.
• Exxon Mobil Corporation
• CCI MANUFACTURING MEXICO, S.A. DE C.
• Royal Dutch Shell
• Valvoline Inc
• Chevron Corporation
• Prestone Products Corporation.
• OLD WORLD INDUSTRIES, LLC ( Peak Brand)
• Total SA
• Lubricantes De America S.A. DE C.V
• Quaker State
• Roshfrans S.A. DE C.V.
• Bardahl Manufacturing Corporation
• Conoco Phillips Company
• BP Plc

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North America Antifreeze and Coolants Market Segmentations-

Application

• Automobiles
• Passenger Cars
• LCVs
• HCVs
• Industrial
• Aerospace
• Electronics Industries

Type

• Ethylene Glycol
• Polypropylene Glycol
• Others (Methanol and Glycerol

Sales Channel

• OEM
• Aftermarket

Country

• United States
• Canada
• Mexico

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This report will help readers gain detailed understanding about North American Antifferese & Coolffats markets current state such as technology trends , macroeconomic environment , consumer behavior pattern , modern production methods , government policies initiatives towards promoting environment friendly products etc., which will enable them gain insight into future growth opportunities that would be present for North American Antifferese & Cool fats markets during forecast period from 2023-2030.

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