An automotive engine coolant is a fluid which is used to prevent the engine from overheating. The automotive engine coolant absorbs heat from the engine and dissipates it through the radiator. The engine coolant is a mixture of ethylene or propylene glycol and water in a fixed proportion. The engine coolant also removes impurities from the cooling system.
Key players operating in the global automotive engine coolant market include:
Castrol, Chevron Corporation, Exxon Mobil, Valvoline, Royal Dutch Shell, BlueStar Lubrication Technology, AMSOIL, and Total SA.
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Numerous metal components of the engine of a vehicle tend to overheat due to contamination by impurities and excessive usage, which can lead to the failure of the engine. The engine coolant provides several advantages such as enhancing the life of the vehicle and reducing the number of repairs and maintenance which the vehicle has to undergo. These advantages provided by the automotive engine coolant are expected to boost the automotive engine coolant market during the forecast period.
The automotive engine coolant is highly essential for the smooth functioning of the engine and for the efficient overall performance of the vehicle. However, the conventional engine coolant faces the threat of internal substitution by organic engine coolant owing to the numerous benefits offered by the organic engine coolant such as longer life and the absence of silicates or phosphates, contained in it, which are hazardous to the environment. This is expected restrain the conventional engine coolant segment to some extent during the forecast period.
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