Market report on China's automobile coolant market

Research and Markets has announced the addition of the “China Automobile Coolant Market Forecast & Opportunities, 2017” report to its offerings.
China’s automobile coolant market is expected to surpass US$1.5 billion by 2017. In the past decade, China has witnessed remarkable growth in the automobile sector, both commercial and passenger. In 2012, 62% of the automobile coolant market revenues have been generated by passenger cars. All the coolants used in China’s automobile coolant market are produced in China itself.
Foreign players also prefer to manufacture in China due to a ready availability of cheap labor. As a result of growth in the automobile sector, the demand for automobile replacement coolants is also growing fast and is set to increase over the coming years.
According to “China Automobile Coolant Market Forecast & Opportunities, 2017”, the automobile coolant market in China is expected to grow at a rate of 7.79 % over the next five years. The market is being driven by the increasing demand for cars, a rising middle class population and the growth in automobile production in China.
“China Automobile Coolant Market Forecast & Opportunities, 2017” discusses both the global and China’s automobile coolant market size, share, and forecast; provides an analysis of the Chinese automobile replacement coolant market; looks at market trends and dynamics; and examines the competitive landscape and strategic recommendations.
(April 8, 2013)