1. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Antifreeze Market Growth Outlook with Industry Review and Forecast 2019-2024

2. Global Market Scenario of Antifreeze Industry  Endorsed by the rapidly growing automotive sector and the strong commercial air traffic flow across major geographies, antifreeze market has indeed accomplished appreciable gains in the recent years. Colloquially known as coolant, antifreeze is popularly used in automotive and aerospace engines for maintaining the overall engine temperature of the vehicle and its cooling system depending upon the atmospheric temperature. Using antifreeze efficiently helps to majorly enhance the engine performance, on the grounds of which many automakers have been giving extensive preference for the product to prevent freezing in the cooling engine of the automobile at a sub-zero temperature.antifreeze market  Anti-freeze not only prevents corrosion and scale formation in the engine but also helps to improve its capability to transfer heat. Consequently, major antifreeze industry giants have been continuously enhancing their product efficiency and applicability. In fact, increasing popularity of engine cooling agents among several automakers has been primarily forecast to boost antifreeze market share over the years ahead.  Speaking along similar lines, Alliance Truck Parts has also recently added new products to its portfolio with the launch of nitrite-free antifreeze products, for which the firm used organic additive technology to extend the life of the coolant. The coolants formulated with the help of OAT technology also possess the ability to provide advanced protection to all components of cooling systems against corrosion and cavitation. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

3.  Currently, it has been observed that many automakers have framed different coolant specifications for various types of engine applications, which have been proving to be rather beneficial for antifreeze market. For instance, one of the renowned automakers, Volvo has set a new coolant specification for heavy duty engines, which are mainly used in marine, buses, HGVs, and power plant applications. Indeed, one of the leading lubricant manufacturers Exol, in order to meet the favorable requirements of the Volvo Coolant Specification standard, has also launched novel antifreeze products. The company also seems to have unveiled a wide range of antifreeze products for passenger and heavy-duty vehicle applications.  Apparently, Exol has used the OAT inhibitor technology for this range, in order to match the automaker’s expectation with respect to the advanced technology in modern cooling systems in next-generation vehicles. Exol’s product innovation is indicative of the major anticipations that automotive giants have from pivotal antifreeze market players. Moreover, in order to ensure year-round protection of vehicle components in challenging atmospheric conditions, automakers have lately been preferring coolants with a long operational life. The shifting focus of product manufacturers on customer-centric requirements is thus slated to stimulate antifreeze industry outlook over the years ahead. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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5.  Considering the customer’s requirement for internal coolants with a long shelf life, many players in antifreeze market are constantly looking forward to introducing the best products that boast of very high performance. In addition, with the rapid change in engine technology, most companies have been developing new products keeping in mind the future demand of engine maintenance. The initiatives taken by Shell lubricants to expand its portfolio is one of the recent examples of a customer-centric product advancement carried out by giants in antifreeze market.  The new launch – Shell Rotella Extended Life Coolant – Nitrite Free (ELC NF) joins Shell’s coolant portfolio that has been designed to meet the requirements of commercial vehicles deploying nitrite free engine antifreeze formulations to protect aluminum components in automobiles. Indeed, in 2016, the automotive sector accounted for 60% of antifreeze industry share. 360° Industry Analysis © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for customization: https://bit.ly/2MZHd6x https://bit.ly/2MZHd6x

6. Competitive Analysis:  Key players in the antifreeze market includes Royal Dutch Shell, ExxonMobil Corporation, Chevron Philips Chemical Corporation, Total S.A., Kost USA, Motul, Ashland, Castrol, Lukoil, Petroliam Nasional Berhad (PETRONAS), BASF SE, Sinopec Corp., Prestone Products Corporation, SONAX, The DOW Chemical Company, DuPont Tate & Lyle Bio Products, Evans Cooling Systems Inc., Cummins Inc., Havoline, Solventis and Huntsman Corporation LLC. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry For Purchasing This Report @ https://bit.ly/35Sqc6Q https://bit.ly/35Sqc6Q

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