Antifreeze Market Industry Leaders & New Revenue Pockets

1
Antifreeze Market worth 885.1 Million USD by 2021
www.MarketsandMarkets.com
2
Antifreeze Market - Forecast to 2021 The
antifreeze market is driven by increasing vehicle
sales and production across the globe. These
include vehicles from different segments such as
pick-up trucks, Sports Utility Vehicles (SUV),
and Multi Purpose Vehicles (MPV), which have a
large engine size as compared to sedans or
hatchbacks. The aftermarket for antifreeze is
fueled by the increase in vehicle parc as well as
increased miles traveled per year per
country. PDF Brochure _at_ https//www.marketsandmar
kets.com/pdfdownload.asp?id241952403

3
Passenger cars to be the largest vehicle type
in the antifreeze market OE Passenger cars are
expected to dominate the antifreeze market for
OE. According to Organisation Internationale des
Constructeurs dAutomobiles (OICA), the sales of
passenger cars across the globe increased from
55.6 million units in 2010 to 66.3 million units
in 2015. The average amount of engine coolant,
required in passenger cars, can range from 1 to 5
gallons. The amount of antifreeze present in the
engine coolant varies according to temperature
zones and OE recommendations. An increase in
sales results in a corresponding increase in
vehicle parc of passenger cars.
4
OAT to be the fastest growing segment in the
antifreeze market, by technology Organic Acid
Technology (OAT) is estimated to witness the
highest growth in the global antifreeze market.
The growth of this technology is due to the
presence of neutralized inorganic salts and
acids, which can be decomposed without impacting
the environment. OAT based antifreeze has the
maximum presence in North American and European
regions, where the usage of IAT based technology
has declined significantly owing to its toxic
nature. The global demand for OAT based
antifreeze is projected to grow owing to the
longer replacement life of the OAT based
antifreeze, as compared to IAT based
antifreeze. RequestSample_at_ https//www.marketsand
markets.com/requestsample.asp?id241952403
5
Antifreeze market of North America to grow at
the highest CAGR during the forecast
period North America is estimated to dominate
the antifreeze market for OE. The growth of this
market can be attributed to the higher production
and demand for large engine capacity vehicles in
this region. The production of light commercial
vehicles (LCV) in North America increased to 11.0
million units in 2016, with a year-over-year
growth rate of 5.7, according to OICA. This is
the highest production of LCVs across all
regions. Also, LCVs in North America have a
higher antifreeze requirement of around 7-8
liters, which is 42 higher than other regions.
Such factors would contribute to the growth of
the antifreeze market in the region.
6
Browse gtgt 93 market data
tables 64 figures
177 pages and in-depth TOC on Antifreeze
Market - Forecast to 2021 Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
7
Contact Mr. Shelly Singh MarketsandMarkets INC.
630 Dundee Road Suite 430 Northbrook, IL 60062
USA 1-888-600-6441 sales_at_marketsandmarkets.com