Automotive Coolant & Lubricant Market
Global Automotive Coolant & Lubricant Market : Overview
People have become more selective while purchasing a vehicle , as there are many options available in the market . Many companies are focusing on bringing advanced features in the passenger cars ; hence , owing to this , a capability of the consumers has increased . These cars need to be kept cool and lubricated for maximum output . A fluid that flows through the device in order to prevent the device from overheating or transferring heat from one device part to other which may either use or dissipate it is known as an automotive coolant . However , a substance that reduces friction between two mutual contact surfaces is known as a lubricant . It ultimately minimizes heat generated when the surfaces move .
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Global Automotive Coolant & Lubricant Market : Growth Factors
Escalating demand for light passenger cars and heavy-duty vehicles along with HVAC systems is the major driving factor of the global automotive coolant and lubricant market . In addition , rising average lifespan of the vehicle and vehicle parc in operation are propelling the global demand for automotive coolant and lubricant in future . Increasing production and sale of the