Global Automotive Coolant Market 2017-2021

About Automotive Coolant
A coolant is used to dissipate excess heat from an internal combustion engine (ICE). It also protects the engine against corrosion. In general, an engine converts nearly one-third of the energy generated through the combustion of fuel into work, which runs a vehicle. The other two-thirds of the energy is converted into heat, of which one-third of the heat is expelled with the exhaust gases; the rest remains in the engine block, which creates the need for the coolant to absorb the excess heat, thereby enabling the engine to operate efficiently. Automotive coolant is composed of different elements.
Technavio’s analysts forecast the global automotive coolant market to grow at a CAGR of 4.79% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive coolant market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume. The replacement/aftermarket volume has not been considered in the report.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Coolant Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Shell
• Exxon Mobil
• British Petroleum
Other prominent vendors
• BASF
• Chevron
• Indian Oil
• Kost USA
• LUKOIL
• Motul
• Prestone
• Sinopec
• TOTAL
Market driver
• Heavy dependence on IC engines for mobility in emerging countries
• For a full, detailed list, view our report

Market challenge
• Rise in demand for battery electric vehicles poses a threat for automotive coolants
• For a full, detailed list, view our report

Market trend
• Increase in adoption of electric coolant pump to regulate flow of coolant
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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