Antifreez/coolant Market 2021

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Antifreeze/Coolant Market Expected to Reach 6.62
Billion USD by 2021
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• The report "Antifreeze/Coolant Market by Product
  Type (Ethylene Glycol and Propylene Glycol),
  Application (Automobiles and Industrial), and
  Region - Global Forecast to 2021", The market for
  antifreeze/coolant is projected to grow from USD
  4.52 Billion in 2016 to reach USD 6.62 Billion by
  2021, at a CAGR of 7.91. This market is growing
  due to the increase in demand for coolants due to
  the rising vehicle production in the countries
  such as China and India.
• Early buyers will receive 10 customization on
  this report.

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• Browse 97 market data tables and 44 figures
  spread through 140 pages and in-depth TOC
  on Antifreeze/Coolant Market by Product Type
  (Ethylene Glycol and Propylene Glycol),
  Application (Automobiles and Industrial), and
  Region - Global Forecast to 2021
• https//www.marketsandmarkets.com/Market-Reports/a
  ntifreeze-coolant-market-9054255.html
• Propylene glycol type projected to grow at the
  highest CAGR during the forecast period
• Propylene glycol is highly preferred as it is
  less toxic than ethylene glycol and has perceived
  environmental benefits. It is used in North
  America and Europe in niche applications.
  Applications such as industrial and automotive,
  which require less toxic coolant products, have
  driven the use of propylene glycol, globally.

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Industrial segment projected to grow at the
highest rate during the forecast period The
antifreeze/coolant market has been segmented on
the basis of application into automobiles,
industrial, and others. In 2015, the industrial
application segment accounted for the second
largest share of the application segment and is
projected to grow at the highest CAGR during the
forecast period. Antifreeze/coolants are used in
HVAC systems and heat exchangers to facilitate
heat transfer process in adverse cold weather
conditions. They are also used in various
industrial applications and the electronics
industry. Asia-Pacific to play a key role in the
market for antifreeze/coolant On the basis of
key regions, the market for antifreeze/coolant
has been segmented into North America, Europe,
Asia-Pacific, and Rest of the World (RoW).
Asia-Pacific is projected to be the most
potential market for antifreeze/coolants. Rise in
demand for passenger vehicles in emerging
economies such as China and India is expected to
drive the antifreeze/coolant market.
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• The key players considered in the report are
• BP PLC (U.K.)
• CHEVRON CORPORATION (U.S.)
• ROYAL DUTCH SHELL PLC (Netherlands)
• TOTAL S.A. (France)
• EXXON MOBIL CORPORATION. (U.S.)
• LUKOIL (Russia)
• PETRONAS (Malaysia)
• BASF SE (Germany)
• CUMMINS INC. (U.S.)
• MOTUL S.A. (France)
• Dont miss out on business opportunities in
  Antifreeze/Coolant Market. Speak to our analyst
  and gain crucial industry insights that will help
  your business grow.
• https//www.marketsandmarkets.com/speaktoanalyst.a
  sp?id9054255

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antifreeze-coolant-market.asp