Antifreeze Market: Industry Analysis, Global Trends, and Forecast to 2021
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Access Complete Report of “Antifreeze Market by Vehicle Type, Product (Ethylene Glycol, Propylene Glycol & Glycerin), Engine Coolant Additive Technology OE & Aftermarket (IAT, OAT, & HOAT), & Region and Construction Equipment Engine Coolant Market by Application – Forecast to 2021” report at https://www.reportsnreports.com/purchase.aspx?name=435509 .
The Antifreeze Market for original equipment is projected to grow at a CAGR of 5.18% from 2016 to 2021, to reach a market size of US$ 885.1 Million by 2021. According to the Organization International des Constructeurs d’Automobiles (OICA), the global vehicle production in 2015 was ~92 million units and is projected to grow to ~125 million units by 2021, at a CAGR of 5.40% from 2016 to 2021.
Browse and In-depth Table of Content on “Antifreeze Market”
Pages-177
Tables-93
Profiles-11
Figure-64
Top Key Players in the “Antifreeze Market” include are
- B.P. PLC. (U.K.)
- Royal Dutch Shell PLC (Netherlands)
- Total (France)
- Chevron Corporation (U.S.)
- Exxon Mobil Corporation (U.S.)
- China Petrochemical Corporation (China)
- BASF SE (Germany)
- Cummins, Inc.(U.S.)
- Motul (France)
- Prestone Products Corporation (U.S.)
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The North American region leads the antifreeze market for the automotive industry, owing to the higher production and demand for large engine capacity vehicles in this region such as extended cabs. The automotive market in this region is inclined towards SUVs and light trucks, owing to their off-road capabilities and better traction in changing weather conditions. According to OICA, the light commercial vehicle production in North America increased from 10.4 million units in 2015 to 11.0 million units by 2016 at a rate of 5.7%, which is above the global growth rate of 2.7%.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the antifreeze market in the automotive industry and the sub segments as well as for construction equipment. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies.
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Target Audience:
- Automotive Antifreeze Producers
- Automotive Engine Coolant Producers
- Aftermarket Suppliers of Automotive Engine Coolant
- Automotive Original Equipment Manufacturers (OEM)
- Raw Material Suppliers for Automotive Antifreeze
- Research institutes and Government Organizations
- Traders, distributors, and suppliers of minerals (petroleum and bio-based)
- The automobile industry as an end-use industry and regional automobile associations
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