Precision Business Insights has published a report on the global antifreeze coolant market, estimating its value at USD 6.0 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/antifreeze-coolant-market

Market Definition:

Engine coolant, often known as antifreeze, is a colored liquid that is combined with water to assist control your engine in extremely hot or cold conditions. Coolant is injected throughout the engine block to maintain a consistent operating temperature while the outside temperature shifts from hot to cold.

Drivers:

1)      Rise in demand for electric vehicle.

2)      Increasing focus on fuel efficiency.

The global antifreeze coolant market segmentation:
1) By Type: Ethylene Glycol, Propylene Glycol, Glycerol, Methanol, and Others.
2) By Technology: Inorganic Acid Technology (IAT), Organic Acid Technology (OAT), Hybrid Organic Acid Technology (HOAT), Nitrated Organic Acid Technology (NOAT), and Others.
3) By Application: Automobile, Aerospace, Industrial, Construction, Electronics, and Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the antifreeze coolant market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the antifreeze coolant market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The key players profiled in the global antifreeze coolant market report are BP Plc, Exxon Mobil Corporation, Chevron Corporation, Royal Dutch Shell Plc, Absolute, BASF SE, Valvoline Plc, Prestone Products Corporation, AMSOIL INC., KOST USA, Motul, Cummins Filtration, Lukoil.

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