Antifreeze Coolant Market Future Scope, Demands and Projected Industry Growths
Anti-Freeze/Coolant Market Analysis The global anti-freeze market is mainly driven by the high demand from the automotive industry. High production and sales of automobiles around the world are driving the demand for anti-freeze. Besides its function in cooling engines, coolant also contains ingredients called inhibitors that inhibit rust, corrosion, and scale. They prevent cavitation, the rapid formation and collapse of vapor or air pockets, which is a frequent cause of structural damage. The increasing demand for durable vehicles can be attributed to the high disposable income of consumers along with changing lifestyle trends. Furthermore, rapid industrialization around the world is expected to fuel market demand during the forecast period. These coolants ensure the performance of engines and heat exchangers in various industrial applications. Moreover, the increasing use of coolants in the aerospace industry for anti-icing and de-icing materials is likely to propel the ...