Antifreeze Market by B.P. PLC, Royal Dutch Shell PLC, Total, Chevron Corporation, and Exxon Mobil Corporation.

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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.
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The base year considered for the study is 2015,
and the forecast period is 2016 to 2021.
Increasing vehicle production in North America
and Europe, particularly of sports utility
vehicles (SUV) and light trucks, and the growing
trend of technologically advanced additives are
the key factors driving the demand for the
antifreeze market. Additionally, growing vehicle
parc and increased miles traveled per year are
expected to drive the demand for antifreeze in
aftermarket segment. The global antifreeze
market for original equipment was valued at USD
687.5 Million in 2016, and is projected to grow
at a CAGR of 5.18 during the forecast
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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.  Request for free
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Browse gtgt 93 market data
tables 64 figures 177
pages and in-depth TOC on Antifreeze Market
- Global Forecast to 2021 Early buyers
will receive 10 customization on this
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US8150 This study answers several questions for
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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. Request for sample https//www.mark
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  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. Buy Now -
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Antifreeze Market Key Players   Some of the key
manufacturers operating in the market are B.P.
PLC (U.K.), Royal Dutch Shell PLC (Netherlands),
Total (France), Chevron Corporation (U.S.), and
Exxon Mobil Corporation (U.S.).
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