Global Automotive Coolant Market To Reach An Estimated Value Of $10.9 Billion By 2019

The global automotive coolant market is expected to reach an estimated value of $10.9 billion by 2019. The major drivers of the automotive coolant market are an increasing demand for light passenger vehicles and heavy duty trucks, mainly in the emerging countries. The growing automotive sector is fuelling the demand for coolants in both OEM and aftermarket segments. The majority of the demand for coolants is from the replacement (aftermarket) market. Rise in the average age of vehicles in operation, advanced technology, and the use of environment-friendly coolants will possibly further drive this market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global automotive coolant market by product type, application, technology, end user market, and region and has come up with a comprehensive research report, Global Automotive Coolant Market 2014-2019: Trends, Forecast, and Opportunity Analysis. This report provides an analysis of the automotive coolant market, including the analysis of market trends, competitive landscapes, company profiles, emerging trends, and the key drivers of industry growth. The study also includes the global automotive coolant market forecasts through 2019, segmented by region, by product type, by application, by technology, and by the end user market as follows:

Global automotive coolant market by region:
North America
Europe
Asia Pacific
Rest of World
Global automotive coolant market by product type:
Ethylene Glycol
Propylene Glycol
Glycerin

Global automotive coolant market by application:
Passenger Car
Commercial Vehicle
Motorcycle
Global automotive coolant market by technology:
Inorganic Acid Technology
Organic Acid Technology
Hybrid Organic Acid Technology
Global automotive coolant by market type:
Automotive Aftermarket
OEM

On the basis of its comprehensive research, Lucintel forecasts that the automotive coolant market will depict a moderate growth during 2014-2019. Ethylene glycol will possibly remain the largest segment in terms of product types during the forecast period. In terms of technologies, organic acid technology is projected to be the major segment. Royal Dutch Shell plc, Exxon Mobil Corporation, Sinopec Lubricant Company, Ashland Inc., and Castrol are some of the suppliers of automotive coolant for various applications.
This 161-page research report will enable you to make confident business decisions in the global automotive coolant industry. For a detailed table of contents and pricing information on these timely, insightful reports, click on this link http://www.lucintel.com/ or contact Lucintel at +1-972-636-5056, or via email at [emailprotected] Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat, located on the website, to answer your questions in real time.
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