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Automotive Coolant & Lubricant Market by Vehicle Type (Passenger Car, LCV, & HCV), Application (Coolant-Engine & HVAC, Lubricant-Engine, Brake, & Transmission), Region & Aftermarket - Global Trends & Forecast to 2019

Press release   •   Jul 18, 2016 12:53 EDT

The global markets for automotive coolant and lubricant are estimated to grow at a promising rate of 6.73% and 8.10% respectively for the period under study. Asia-Oceania is expected to be the largest market for automotive coolant and lubricant. China, Japan, and India are the main contributors to the growth of the automotive coolant and lubricant markets in the Asia-Oceania region. North America is estimated to be the second largest market for coolant and lubricant, owing to increased production of vehicles. To cater to the huge demand in Asia-Oceania, many OEMs are expanding in this region.
The increasing demand for light passenger cars and heavy-duty vehicles with HVAC systems are identified as the main drivers for the automotive coolant and lubricant markets.

Read full report: https://www.globalmarketreports.com/automotive-coolant-and-lubricant-market-by-vehicle-type-passenger-car-lcv-and-hcv-application-coolant-engine-and-hvac-lubricant-engine-brake-and-transmission-region-and-aftermarket-global-trends-and-forecast-to-2019-23254


The increasing demand for light passenger cars and heavy-duty vehicles with HVAC systems are identified as the main drivers for the automotive coolant and lubricant markets. Additionally, the increasing vehicle parc and average lifespan of vehicles in operation are fuelling the demand for automotive coolant and lubricant.
This report classifies and defines the sizes of the automotive coolant and lubricant markets in terms of volume and value. It provides a comprehensive analysis and insights (both-qualitative and quantitative)into the automotive coolant and lubricant markets. It highlights potential growth opportunities in coming years and reviews the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive coolant and lubricant.
This report segments the automotive coolant and lubricant markets by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), by application (engine coolant, HVAC coolant, engine lubricant, brake lubricant, transmission lubricant), by geography (key countries from North America, Europe, Asia-Pacific, and rest of the world (RoW)), and by aftermarket. The key players in the automotive coolant and lubricant markets have also been identified and profiled..

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