Research and Markets: China's Automobile Replacement Coolant Market is Forecasted to Surpass USD 1.5 Billion by 2017
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5gr97w/china_automobile) has announced the addition of the "China Automobile Coolant Market Forecast & Opportunities, 2017" report to their offering.
“China Automobile Coolant Market Forecast & Opportunities, 2017”
Massive Industrialization and rising demand for automobiles driving the automobile coolant market
China is the world's second largest economy and is rising primarily on the heels of its manufacturing sector. In addition, China is also the world's most populous country with a population of over 1.3 Billion which highlights a huge domestic market. China has one of the largest automobile industries in the world accounting for a large chunk of global automobile production. The country's manufacturing sector is well known for cost effective production and easy availability of cheap labor. Over the last few years, the automobile market of the country has grown significantly which has directly benefitted the automobile coolant sector. The country accounts for a massive market for automobile coolants alone and also has a huge demand for replacement automobile coolants.
China's automobile coolant market has great growth potential. The market is expected to grow at a compound annual growth rate of 7.7%, over the next five years and reach revenues of over USD 1.5 Billion by 2017. The demand for automobile coolants has risen on the back of economic growth of China, increasing middle class population, rising demand for commercial and passenger vehicles etc.
China Automobile Coolant Market Forecast and Opportunities, 2017 has analyzed the growth potential of the automobile coolants in China and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.
- Ashland Inc.
- China National BlueStar (Group) Co, Ltd
- Cummins Filtration Fleetguard
- FoshanNanhai Giant Chemicals Manufacturing Co. Ltd
- Guangzhou Comma Car Care Accessories Co., Ltd
- Jiangsu Lopal Petrochemical Co. Ltd
- Jinhua Gafle Auto Maintenance Supplies Plant
- Shandong YUEAN Chemical Industry Co. Ltd.
- Sinopec Lubricant Company
- Zhongshan Michel Chemical Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/5gr97w/china_automobile
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