global automotive coolant market 2015-2019
TRANSCRIPT
Covered in this Report• 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.
• Technnavio's report, 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.
Global Automotive Coolant Market
2015-2019
USA – CANADA – UK – CHINA – INDIA
Market Overview
• Automotive coolants form an integral part of vehicles and are used in the engines and HVAC systems of the automobiles.
• 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.
• Technavio's analysts forecast the global automotive coolant market to grow at a CAGR of 5.89% over the period 2014-2019.
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Key Vendors and Regions
• Castrol
• Chevron
• Exxon Mobil
• Royal Dutch Shell
• Sinopec
• Total
• American Manufacturing
• AMSOIL
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• Americas
• EMEA
• APAC
Vendors Regions
USA – CANADA – UK – CHINA – INDIA
Key Findings
• The automotive sector in emerging markets such as India, China, and Mexico is growing at a steady rate, which in turn is increasing the demand for automotive coolants.
• Improvements in the economic conditions of emerging countries have changed the financial statuses of consumers, which in turn is increasing the demand for and production of automobiles, especially passenger cars in these countries.
• Also, the growing demand for LCVs in these countries is boosting the growth of the automotive coolant market.
• The demand for eco-friendly coolants or refrigerants has increased due to growing pressure from different governments to use eco-friendly coolants and awareness of the harmful effects of the coolants that are currently being used.
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Key Questions Answered in Our 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?
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Global Automotive Coolant Market 2015-2019
96 Pages | SKU: IRTNTR6051
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