Automotive Coolant Market 2019 Global Analysis By Size, Trends, Share, Region And Industry Growth Forecast To 2023
Automotive Coolant Market Key Companies Studied In This Research Report:
Total S.A (France), Castrol Limited (UK), Exxon Mobil Corp (US), Royal Dutch Shell plc (Netherlands), Sinopec Lubricant Company (China), Ashland (US), Sinclair Oil Corporation (US), Havoline (US), Chevron Corporation (US) and British Petroleum (UK).
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Global Automotive Coolant Market Analysis 2019:
The global automotive coolant market has experienced a remarkable growth over the past few years, and it has been expected that the global market will retain the same growth status during the forecast period. As per MRFR analysis, the global automotive coolant market is expected to grow at the ~7.65% CAGR, during the forecast period. The global automotive coolant market has been largely influenced by the growth in the number of passenger cars and trucks, and government initiatives on reducing vehicles emissions. Additionally, the stringent regulatory framework with respect to antifreeze disposal & recycling by the government, has propelled the manufacturers to adopt coolants in automotive industry.
Automotive coolant is a substance, which flows in the automotive engine in the form of liquid or gas to remove excess heat from the engine and keeps it cool. Coolants are used in almost all automobiles, from small engine to heavy engine vehicles. Also, the coolant helps in maintaining the fuel consumption rate and enhance the average per mile. The global automotive coolant market is largely benefiting by the rise in the number of both passenger and commercial vehicles. During the last couple of years, the demand of passenger vehicles such as, cars, vans, SUVs, two wheelers and three wheelers, have grown at a rapid pace.
Report Scope:
Study Period: 2017-2023
Base Year: 2017
Target Audience of Report: This report mainly focuses on Automotive Coolant manufacturers, Distributor & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Coolant market also analyzed. And finally, Government and Independent Regulatory Authorities involved with Automotive Coolant Global Industry are studied in this report.
Segmentation:
The scope of the study segments the global Automotive Coolant market by product type, technology, vehicle type, end market and regions.
By Product Type
- Ethylene Glycol
- Propylene Glycol
- Glycerin
By Technology
- Inorganic Acid
- Organic Acid
- Hybrid Organic Acid
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
By End Market
- OEMs
- Aftermarket
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
Regional Analysis:
Region-wise, the global Automotive Coolant market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
Asia Pacific has accounted for the largest market share, in 2016, followed by North America and Europe. In Asia Pacific, countries such as China, India, Japan, and Indonesia consume the highest number of passenger vehicles and commercial vehicles. As a result, the demand of coolants is very high in these counties.
North America is the second leading region for automotive coolants. Presence of many manufacturers and growing registration of new vehicles have driven the market. In Europe, it has been observed that, there has been a rise in the sales of new vehicles and used vehicles, which has augmented the demand for automotive coolants. Germany, UK and France are the leading countries in Europe, which have fuelled the growth of the market in Europe.
Study Objectives of Global Automotive Coolant Market:
— To provide detailed analysis of the market structure along with forecast for the next five of various segments and sub-segments of the global market
— To provide insights about factors affecting the market growth
— To analyze the market based on various factors such as supply chain analysis, and Porter’s five forces analysis
— To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries – North America, Europe, Asia-Pacific, and ROW.
— To provide country level analysis of the market with respect to the current market size and future prospective
— To provide country level analysis of the market for segment by type, vehicle type, and region
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
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