The Antifreeze/Coolant Global Market Report 2023, provides comprehensive information on the antifreeze/coolant market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Antifreeze/Coolant Market’s Growth:
https://www.thebusinessresearchcompany.com/report/antifreeze-or-coolant-global-market-report
As per The
Business Research Company’s Antifreeze/Coolant Global Market Report 2023, the global
antifreeze/coolant market size is expected to grow from $5.39 billion in 2022
to $5.64 billion in 2023 at a compound annual growth rate (CAGR) of 4.68%. The
Russia-Ukraine war disrupted the chances of global economic recovery from the
COVID-19 pandemic, at least in the short term. The war between these two
countries has led to economic sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions, affecting many markets across
the globe. The global antifreeze/coolant market size is expected to reach $6.60
billion in 2027 at a CAGR of 3.99%.
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Tables):
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Technological
innovations are the key trends gaining popularity in the antifreeze/coolant
market. Major market players are concentrating their efforts on creating
innovative technologies such as state-of-the-art silicate organic acid
technology (Si-OAT), NAP-free hybrid organic acid technology, and
phosphate-free organic acid technology (P-OAT). For instance, in August 2021,
Valvoline Inc., a US-based lubricants and automotive chemicals manufacturing
company, launched new coolant technologies, Valvoline Antifreeze Coolant
HT-12TM Green and Valvoline Antifreeze Coolant HT-12 Pink. This
high-performance coolant, which contains mono-ethylene glycol Si-OAT technology
and advanced performance additives, offers enhanced heat dissipation
properties. It is designed to meet the specific requirements of modern,
high-powered, compact engines, providing reliable protection against corrosion,
overheating, and frost damage to the engine block cooling channels, radiator,
and water pump.
The antifreeze/coolant
market is segmented:
1) By Product:
Propylene Glycol, Ethylene Glycol, Other Products
2) By Technology:
Inorganic Additive Technology (IAT), Organic Acid Technology (OAT), Nitrite
Organic Acid Technology (NOAT), Hybrid Organic Acid Technology (HOAT), Other
Technologies
3) By
Application: Industrial, Automobiles, Other Applications
Asia-Pacific was
the largest region in the antifreeze/coolant market in 2022.
The table of contents in TBRC’s antifreeze/coolant market report
includes:
1. Executive Summary
2. Antifreeze/Coolant Market Characteristics
3. Antifreeze/Coolant Market Trends And Strategies
4. Antifreeze/Coolant Market - Macro Economic Scenario
5. Antifreeze/Coolant Market Size And Growth
.
27.
Antifreeze/Coolant Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antifreeze/Coolant Market
29. Antifreeze/Coolant Market Future Outlook and Potential Analysis
30. Appendix
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with a network of proficient researchers in 28 countries. Through the report
businesses can gain a thorough understanding of the market’s size, growth rate,
major drivers and leading players.
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