LONDON–(BUSINESS WIRE)–COVID-19 market impact analysis anticipates Negative and Inferior growth for the automotive coolant market, while 53% of the market’s growth will originate from APAC during the forecast period, according to Technavio report Global automotive coolant market with COVID-19 analysis.
The growing stringent norms to enhance fuel economy is one of the major factors driving automotive coolant market growth. Most developed and developing economies are trying to enhance the fuel economy and restrict carbon emissions emitted by the automotive industry. Advances, such as the increased use of nanofluids, a rise in the adoption of electric coolant pumps, and increased use of propylene glycol in the coolant are being adopted to enhance the engine cooling system and fuel economy. The increasing focus on enhancing the fuel economy will drive the demand for automotive coolant. Furthermore, this industry research report also presents a competitive analysis of the market by