Automotive Coolant Market was valued at 8.4 billion in 2016, exhibiting a CAGR of 6.35% during 2016-2024Automotive Coolant MarketAutomotive Coolant Market1Organic chemicals, such as Ethylene Glycol, Di-Ethylene Glycol, or Propylene Glycol can be used as coolants for automotive applications. Ethylene Glycol is chosen mostly as the Automotive Coolant Market. The ethylene glycol, on the other hand, is highly toxic and requires careful disposal. Therefore, the coolant industries gradually began developing coolants that were less toxic.
Various metal parts of engine present within vehicle tend to overheat due to contamination by impurities and extreme usage, which may cause the failure of engine leading to the usage of automotive coolants. Engine coolant provides several advantages such as improving the life of the vehicle and dropping the number of maintenances or repairs. These benefits are expected to increase the Automotive Coolant Market during the forecast period.
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