Antifreeze Market growth outlook with industry review and forecast 2017-2024 - PowerPoint PPT Presentation

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Antifreeze Market growth outlook with industry review and forecast 2017-2024

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An outlook Antifreeze Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

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Title: Antifreeze Market growth outlook with industry review and forecast 2017-2024


1
Antifreeze Market Growth Drivers Future Trends
2017 to 2024
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Global Market Scenario of Antifreeze Industry
  • Increasing popularity of engine cooling agents
    among several automakers has been primarily
    forecast to boost antifreeze market share over
    the years ahead.
  • Endorsed by the rapidly growing automotive sector
    and the strong commercial air traffic flow across
    major geographies, antifreeze market has indeed
    accomplished appreciable gains in the recent
    years.
  • Colloquially known as coolant, antifreeze is
    popularly used in automotive and aerospace
    engines for maintaining the overall engine
    temperature of the vehicle and its cooling system
    depending upon the atmospheric temperature.
  • Using antifreeze efficiently helps to majorly
    enhance the engine performance, on the grounds of
    which many automakers have been giving extensive
    preference for the product to prevent freezing in
    the cooling engine of the automobile at a
    sub-zero temperature. Anti-freeze not only
    prevents corrosion and scale formation in the
    engine but also helps to improve its capability
    to transfer heat. Consequently, major antifreeze
    industry giants have been continuously enhancing
    their product efficiency and applicability.

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Continue-
  • Currently, it has been observed that many
    automakers have framed different coolant
    specifications for various types of engine
    applications, which have been proving to be
    rather beneficial for antifreeze market.
  • For instance, one of the renowned automakers,
    Volvo has set a new coolant specification for
    heavy duty engines, which are mainly used in
    marine, buses, HGVs, and power plant
    applications. Indeed, one of the leading
    lubricant manufacturers Exol, in order to meet
    the favorable requirements of the Volvo Coolant
    Specification standard, has also launched novel
    antifreeze products. The company also seems to
    have unveiled a wide range of antifreeze products
    for passenger and heavy-duty vehicle
    applications.
  • Apparently, Exol has used the OAT inhibitor
    technology for this range, in order to match the
    automakers expectation with respect to the
    advanced technology in modern cooling systems in
    next-generation vehicles. Exols product
    innovation is indicative of the major
    anticipations that automotive giants have from
    pivotal antifreeze market players.
  • Moreover, in order to ensure year-round
    protection of vehicle components in challenging
    atmospheric conditions, automakers have lately
    been preferring coolants with a long operational
    life. The shifting focus of product manufacturers
    on customer-centric requirements is thus slated
    to stimulate antifreeze industry outlook over the
    years ahead.

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Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
2203
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360 Industry Analysis
  • Considering the customers requirement for
    internal coolants with a long shelf life, many
    players in coolant market are constantly looking
    forward to introducing the best products that
    boast of very high performance.
  • In addition, with the rapid change in engine
    technology, most companies have been developing
    new products keeping in mind the future demand of
    engine maintenance. The initiatives taken by
    Shell lubricants to expand its portfolio is one
    of the recent examples of a customer-centric
    product advancement carried out by giants in
    antifreeze market.
  • The new launch Shell Rotella Extended Life
    Coolant Nitrite Free (ELC NF) joins Shells
    coolant portfolio that has been designed to meet
    the requirements of commercial vehicles deploying
    nitrite free engine antifreeze formulations to
    protect aluminum components in automobiles.
    Indeed, in 2016, the automotive sector accounted
    for 60 of antifreeze industry share.

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Industry Background
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  • Competitive Analysis
  • It is very interesting to note that most
    participants in antifreeze market have been
    extensively adopting the OAT technology to
    fulfill the increasing product demand from the
    automotive sector.
  • In consequence, this trend has been having an
    appreciable impact on antifreeze industry
    outlook. Indeed, many players in antifreeze
    market have been pouring in substantial capital
    to consolidate their stance in this business
    space.
  • Some of the most noteworthy players in
    antifreeze industry are Exxon Mobil Corporation,
    Royal Dutch Shell, Ashland Inc., and Castrol.

Make An Inquiry For Purchasing This Report
_at_https//www.gminsights.com/inquiry-before-buying
/2203
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Latest Research Report On Antifreeze
Market_at_ https//www.gminsights.com/industry-analys
is/antifreeze-market Request for sample of
this research report_at_ https//www.gminsights.com/
request-sample/detail/2203 Request for
customization https//www.gminsights.com/roc/2203

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Thank You!
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