Press release
Antifreeze Coolant Market is expected to cross USD 7 Billion and CAGR of 8% by 2022
Antifreeze Coolants Market is chemicals that are added in water in a certain proportion to ensure workability and performance of engines and heat exchangers. Chemicals used as anti-freeze agents include propylene glycol, ethylene glycol, methanol, and glycerol. The growth of the industry is highly dependent on the consumption of these coolants in various end-use industries such as automotive, aerospace, electronics, construction among others.The global antifreeze coolant market is expected to cross USD 7 Billion mark at the end of the forecasted period and is expected to show a staggering growth at CAGR of approximately 8% from 2016 to 2022.
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Scope of the report
This study provides an overview of the global Antifreeze Coolant industry, tracking two 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, and Rest of the World. 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 antifreeze coolant market as type and application. On the basis of type it is segmented as ethylene glycol, propylene glycol, methanol, and others. On the basis of application it is segmented as industrial, automotive, aerospace, electronics, and others.
Key Player
• DOW Chemical Company
• BP plc
• Chevron Corporation
• BASF SE
• Kost USA Inc.
• Total S.A.
• Exxon Mobil Corporation
• LUKOIL Oil Company
• Motul S.A.
• Petroliam Nasional Berhad (Petronas)
• Royal Dutch Shell plc
• Cummins Inc.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 115 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Antifreeze Coolant Market Information from 2014 to 2022"
Regional Analysis
North American automotive industry is seen growing in the regions of Canada, USA and Mexico. The anti-freeze coolants find its way in the market of these regions to further expand. It is expected that Canada and Mexico will grow at CAGR of close to 8.5 % in automotive sector in the forecasted period. APAC is currently valued as the fastest growing market and is expected to keep up the pace by 2022. The global antifreeze coolant market is expected to cross USD 7 Billion mark at the end of the forecasted period and is expected to show a staggering growth at CAGR of approximately 8% from 2016 to 2022.
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Segmentation
Product Type: Ethylene Glycol, Propylene Glycol, Methanol, and others
By Application: Industrial, Automotive, Aerospace, Electronics, and others
By Region: North America, Europe, Asia-Pacific and ROW
TOC of Antifreeze Coolant Market
1. REPORT PROLOGUE
2. INTRODUCTION
3. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. ANTIFREEZE COOLANT MARKET, BY PRODUCT TYPE
6. ANTIFREEZE COOLANT MARKET, BY APPLICATION
7. ANTIFREEZE COOLANT MARKET, BY REGION
8. COMPANY LANDSCAPE
Continued……
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