Report forecast the global automotive coolant market
to grow at a CAGR of 5.89% over the period 2014-2019.
Automotive coolants form an integral part of vehicles
and are used in the engines and HVAC systems of the automobiles. They are used
to prevent freezing and heating, and provides protection from corrosion.
Generally, most of the automotive coolants are made of ethylene glycol, but due
to high toxicity of the ethylene glycol, automotive manufacturers are shifting
their preference to coolants made from propylene glycol. Owing to the advances
in technology and to suffice the automobile manufacturers' needs of long life
coolants, the automotive coolants manufacturers are designing and developing
long life coolants to shorten the automotive coolant changing interval. In
addition, the rising demand for automotive (passenger cars and commercial
vehicles, especially LCV) in the emerging markets is driving the growth of the
market.
The global automotive coolant market is segmented
into three divisions on the basis of product: ethylene glycol, propylene
glycol, and glycerol. The market is also segmented on the basis of technology:
inorganic acid, organic acid, and hybrid organic acid.
According to the report, used antifreeze (also called
waste antifreeze) contains heavy metals such as chromium, lead, and cadmium in
high amounts, making it hazardous for humans, animals, and the environment.
With increased environmental consciousness and rising health concerns, the
demand for recycled automotive antifreeze is increasing. Recycling of
automotive antifreeze benefits manufacturers and repair shops by providing
cost-effective options and conserving natural resources such as natural gas and
crude oil.
Global Automotive Coolant Market 2015-2019, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers APAC, the Americas, and EMEA; it also covers the
market landscape and its growth prospects in the coming years. The report also
includes a discussion of the key vendors operating in this market.
Key regions
- Americas
- APAC
- EMEA
Key players in the global automotive coolant market:
Castrol, Chevron, Exxon Mobil, Royal Dutch Shell, Sinopec and Total
Other Prominent Vendors in the market are: American
Manufacturing, AMSOIL, Ashland, Blue Star Lubrication Technology, China
National Bluestar (Group), Cummins Filtration, Guangdong Delian Group, Gulf Oil
Middle East, Hindustan Petroleum, Huntsman International, Indian Oil, KOST
USA, Motul, Orison Marketing, PETRONAS
Lubricants International, Phillips 66 Lubricants, Prashant Industries Indore,
Robert Bosch (Bosch Auto Parts) and The DOW Chemical
Key market
driver
- Growing demand for recycled antifreeze
- For a full, detailed list, view our report
Key market
challenge
- Volatile prices of raw materials
- For a full, detailed list, view our report
Key market
trend
- Escalating growth in emerging markets
- For a full, detailed list, view our report
Key questions
answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 86 pages, “Global Automotive Coolant Market 2015-2019” report
covers Executive Summary, List of Abbreviations, Scope of the Report, Market
Research Methodology, Introduction, Market Landscape, Geographical
Segmentation, Buying Criteria, Market Growth Drivers, Drivers and Their Impact,
Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and
Their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://mrr.cm/4X6
Find all Automotive
Reports at: http://www.marketresearchreports.com/automotive
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