Global Automotive Engine Coolant Market expected to reach USD $ XX Mn 2023
A coolant of the automotive engine can be termed as a fluid used to prevent overheating of the engine. The coolant of the automatic engine absorbs heat from the engine and drains it via the radiator.
Global Automotive Engine Coolant Market Size and growth rate:
According to recent report published by research cosmos, the global automotive coolant market size is projected to grow at a register CAGR of 7.05 % during the forecast period 2018 – 2023.
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Growth driving factors of Automotive Engine Coolant Market:
The vehicle coolant is extremely important for the proper operation of the engine and for the overall efficient performance of the vehicle. However, the conventional engine coolant threatens due to the numerous advantages offered by the organic engine coolant, such as a longer life and the absence of silicates or phosphates, the risk of internal replacement of the organic engine coolant.
Geographical Insights of Global Automotive Engine Coolant Market:
Region Asia Pacific is expected to dominate the automotive lubricants market during the forecast period. Followed by Europe region, in this region some of the manufacturers shift the focus from conventional engine coolant to hybrid engine coolant.
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Prominent Key Players Operating in Automotive Engine Coolant Market:
- Castrol
- Valvoline
- BlueStar Lubrication Technology
- Royal Dutch Shell
- Chevron Corporation
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