8 Key Projections on Automotive Antifreeze Market

Fact.MR, a fast-growing market research firm, announces the launch of its new report on the global automotive antifreeze market. Increasing sales of cars, especially in China and India will augur well for the growth of the global antifreeze market. Increasing vehicle production in North America and Europe will offer growth opportunities for the market. Manufacturers are focusing on introduction of more environment-friendly automotive antifreeze with propylene glycol, which is a less-toxic compound prepared from propene. FactMR’s report offers detailed analysis about the global automotive antifreeze market for the forecast period 2017 to 2022.

The global automotive antifreeze market is projected to register 5.2% CAGR through 2022. Growth of the market is influenced by a number of macroeconomic factors, which include stable recovery in global economy, increasing disposable income of middle class, and relatively stable end-user sentiment. Expanding automotive aftermarket, and rising awareness among consumers about engine efficiency and automobile maintenance are expected to drive demand for automotive antifreeze across the globe. Rising component costs and fluctuation will create challenges for manufacturers during the forecast period. Fluctuating input costs are expected to impact the profitability of suppliers. Soaring demand for fuel-efficient vehicles is estimated to be another imperative factor to fuel growth of the market. Global sales of automotive antifreeze will account for revenues worth US$ 359.1 Mn in 2017, and is further estimated to reach US$ 463.4 Mn by 2022-end.

Key takeaways from FactMR’s Report on Global Automotive Antifreeze Market

· Propylene glycol is expected to remain preferred among products in the global automotive antifreeze market, with sales expanding at a high single-digit CAGR through 2022. Sales of glycerin-based automotive antifreeze will remain sluggish during the forecast period.

· By vehicle type, sales of automotive antifreeze will be highest in passenger cars (PC), witnessing an impressive expansion through 2022. LCVs will remain the second most lucrative vehicles for sales of automotive antifreeze globally. However, demand for automotive antifreeze in HCVs will remain sluggish throughout the forecast period.

· Aftermarket will continue to be the largest sales channel for automotive antifreeze, with sales poised to reach nearly US$ 320 Mn by 2022-end. Revenue from sales of automotive antifreeze in OEM will remain comparatively lower, expanding at 4.3% CAGR through 2022.

· Organic acid is estimated to be most-lucrative technology in the global automotive antifreeze market, closely followed by inorganic acid technology by 2022-end. However, inorganic acid technology is expected to account for a comparatively higher revenue share of the market than organic technology in 2017.

· Asia Pacific excluding Japan (APEJ) is estimated to be dominant in the market, with sales estimated to reach US$ 162.6 Mn by 2022-end.

· Europe will remain the second-most lucrative region for automotive antifreeze market during the forecast period.

· North America and APEJ are expected to register parallel expansion at 5.3% CAGR through 2024 in the global automotive antifreeze market.

· Key market players identified in the report include BP P.L.C., Chevron Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, KOST USA, Inc., Prestone Products Corporation, Recochem Inc., Rock Oil Company, LLC, Total S.A., and Valvoline International, Inc.

Vital Incentives of Organic Hair Care Products

Hair care is a sector which has majorly blossomed with the advancement made across the cosmetic and skincare industry. Many of us might think that these products are safe for our hair, but the inclusion of chemical components do impact hair quality after a certain point of time. Over the years, consumer awareness has increased and has led to an ingredient-conscious environment when it comes to hair-care brands. Interestingly, the availability of organic hair care products has worked positively for many individuals who want to stay away from the venomous trap of chemical hair grooming products. Below mentioned are some of the prime aspects which has pushed many consumers opt for natural hair care products: · The presence of Vitamin C is one of the common natural ingredients you will find in organic hair care products. This is primarily due to the effective anti-oxidant properties that are delivered by Vitamin C along with the stimulation of co...

3 Popular Vinyl Siding Styles of 2018

Home architecture and decoration requires careful selection. One needs to pick a perfect vinyl siding that works to enhance the overall look of the house. You can take the help of an expert or make a move of your own by checking out different styles on the internet. Presently, there are three popular styles for vinyl siding that are preferred by homemakers and modern-age individuals. Not only you get a wide palette of colors for each of these vinyl siding types, you can even customize the setup as per your will. Vertical Siding It is seen as a convenient and stylish option for present day houses that are focused more on the exterior traits. The presence of vertical sidings is very much evident in entryways, gables and porch walls. The best part about vertical siding is its textured appearance that can transform your house into a timeworn property from the outside, but the inside stays lavish with modern conveniences. Shake Siding The implementation of shake...

Scanning Probe Microscopes – Preferred Choice for Atomic Level Research Activities

For complicated scientific R&D tasks, there is a necessity to manage precise tools that are capable of offering supreme assistance to the scientists and researchers. This is where Scanning Probe Microscopes covers the technique of both Scanning Tunneling Microscopy (STM) and Atomic Force Microscopy (AFM). Functionality of STM & AFM It is important to know that, STM microscopes follow a process where electrons tunnel through whatever barrier is available when voltage is introduced to the tip which is situated just above the surface. Hence, atomic resolution happens when the tunneling falls at a certain distance from the surface resulting in just the final few layers of the tip contributing. On the other hand, under AFM the sharper tips manage to scan across the surface and eventually measure the structure of the sample. Usefulness of Scanning Probe Microscope With the availability of Scanning Probe Microscope , you are rewarded with the option to analyz...

Fact.MR Blog

Search This Blog