Tag: global

Rising Vehicle Lifespan and Sustainability Drive Growth in the Global Automotive Coolant Industry to 2028

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Global Automotive Coolant Market

Global Automotive Coolant Market

Global Automotive Coolant Market

Dublin, Sept. 14, 2023 (GLOBE NEWSWIRE) — The “Automotive Coolant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global automotive coolant market, valued at US$ 4.8 billion in 2022, is poised for significant growth in the coming years, with projections indicating a rise to US$ 6.6 billion by 2028.

This impressive growth is expected to be driven by several key factors and trends in the automotive industry.

Automotive coolant, commonly known as antifreeze, is a crucial component used to regulate a vehicle’s temperature within a specific range.

It is primarily composed of ethylene glycol or propylene glycol mixed with water and contains additives such as corrosion inhibitors and antifoam agents, enhancing engine performance. The primary function of coolants is to prevent automobile radiators from overheating during summer and freezing in winter, thus averting potential breakdowns.

Key Growth Drivers:

  1. Thriving Automotive Industry: The global automotive industry’s robust performance is a primary catalyst behind the market’s growth. There has been a notable increase in the demand for passenger vehicles in recent years, significantly contributing to the market’s expansion.

  2. Stringent Regulatory Policies: Regulatory policies governing the safe disposal and recycling of antifreeze materials have driven the adoption of reusable coolant variants. Awareness among consumers about proper disposal practices has also increased, as used coolants can contain toxic heavy metals harmful to the environment and soil.

  3. Technological Advancements: Manufacturers are formulating advanced coolants using technologies such as Inorganic Acid Technology (IAT), Hybrid Organic Acid Technology (HOAT), and Organic Acid Technology (OAT). These innovations result in the creation of silica- and phosphate-free products, further boosting market growth.

  4. Increased Vehicle Lifespan: Improvements in the average lifespan of vehicles have led to a higher demand for quality automotive coolants. Longer vehicle lifespans necessitate effective coolant solutions for prolonged performance.

  5. Environment-Friendly Coolants: The introduction of environment-friendly coolant options aligns with growing sustainability efforts and environmental awareness.

  6. Rising Disposable Incomes: The disposable incomes of consumers have been on the rise, contributing to increased spending on automotive maintenance and coolant products.

Market Segmentation:

The report offers a detailed analysis of key trends within various segments of the global automotive coolant market. The market is segmented based on product, type, application, and end-user.

Product Types:

  • Ethylene Glycol

  • Propylene Glycol

  • Glycerin

Coolant Types:

  • Inorganic Acid

  • Organic Acid

  • Hybrid Organic Acid

  • Others

Applications:

  • Passenger Cars

  • Commercial Vehicles

  • Two Wheelers

  • Others

End-User Segments:

Regional Insights:

  • North America

  • Asia Pacific

  • Europe

  • Middle East and Africa

  • Latin America

Competitive Landscape:

The report provides an in-depth analysis of the competitive landscape within the global automotive coolant market. Key players in the industry include Total S.A. (Total), ExxonMobil, Castrol Limited, The British Petroleum Plc, Cummins Inc., Royal Dutch Shell Plc, BASF SE, Chevron Corporation, The PJSC LUKOIL, Motul S.A., and China Petrochemical Corporation (Sinopec Group), among others.

Key Questions Addressed:

  1. How has the global automotive coolant market performed, and what is its growth outlook?

  2. What

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Do I have to have an global driver’s license in Italy?

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Traveling has often occur with complications. Our By The Way Concierge column will get your journey dilemmas to the industry experts to assistance you navigate the new normal. Want to see your question answered? Post it here.

“We are planning a excursion to Puglia in April and renting a car. We have been getting mixed messages about no matter if or not we will need to have an worldwide driver’s license. What need to we do?” — Joe O., Berlin, Md.

You are ideal about the combined messages. The site for the U.S. Embassy & Consulates in Italy suggests you “should attain an Worldwide Driving Permit before leaving the U.S.” But a number of paragraphs later on notes “tourists may also use their valid American driver’s license if accompanied by an formal translation in Italian.” I talked to a bunch of Italy journey authorities to kind out the procedures.

Duncan Greenfield-Turk, taking care of director and chief journey designer for International Travel Moments, instructed me he advises anyone who options on driving in a foreign region — Italy and otherwise — to get an Worldwide Driving Allow (IDP). He also stated the procedures for driving in Italy are obvious: You will have to possibly have an Italian driver’s license or a single issued by a European Union country. If you do not have 1 of people, you will need to get a IDP to have with your dwelling country driver’s license.

Rental automobile businesses may check with you for both your U.S. license and IDP to select up your car or truck, but not always, states Rocco Giuseppe Gambardella, who owns the Amalfi Coast culinary ordeals firm Bè Authentic Dwelling Expertise with his wife, Carla. It “depends on the car rental companies,” he stated, so you could hardly ever will need to current an IDP although you’re in the state.

That’s been the situation for American vacation journalist Angel F. Castellanos, who claims he’s never ever had challenges getting rental cars and trucks or driving in Italy with out an IDP. Even when he’s gotten dashing tickets, “I’ve never experienced to current my license to a police officer,” Castellanos said.

Essential traffic violations are captured by digicam footage, then tickets get despatched to vacationers later. Individuals have been expensive, Castellanos warns, and occur by way of the rental vehicle providers who cost provider fees on top of the violation.

But in the case you do get pulled about by Italian law enforcement or get in a vehicle incident, and you really don’t have the allow, you can get fined hundreds of euros. And Kathy McCabe, host of the PBS show “Dream of Italy,” claims that the necessity has been enforced a lot more generally in current many years.

7 Italy holidays that test every journey type

Fortuitously, it’s quick to get an IDP, McCabe suggests. There’s a $20 cost, as well as tax, to use for a single as a

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Insights on the Abrasives Global Market to 2030 –

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Dublin, June 30, 2022 (GLOBE NEWSWIRE) — The “Abrasives Market by Type, Material, Product Type, End User Industry – Global Opportunity Analysis and Industry Forecast, Market Size, Share, Trends, Forecast, Analysis, Research Report, Growth 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering.

The Global Abrasives Market size valued to USD 48.13 billion in 2021, shall witness a growth of USD 73.74 billion by 2030, with a CAGR of 4.8% from 2022-2030.

Abrasives, widely used for grinding, polishing, buffing, honing, cutting, drilling, sharpening, lapping, and sanding; are mostly mineral derived materials, either obtained naturally or synthetically. It works on the principle of difference in hardness between the two substances, where abrasive is harder of the two. The global abrasive market witnessed a notable volumetric sale of 50655.5 kilotons in 2021, which is expected to rise up-to 73529.2 kilotons by 2030, with a CAGR of 4.1% from 2022-2030.

Market Dynamics and Trends

Abrasives are extensively used in a wide variety of domestic, industrial, and technological applications. This gives rise to a large variability in its size, shape, physical composition, and chemical composition. The factors including increasing demand from metal fabrication industry, massive production of electronic components, technological advancements, rapidly growing industry verticals, and reducing cost of synthetic diamonds are majorly driving the global abrasives market.

The automotive segment offers maximum market potential, as abrasives play a vital role in manufacturing automotive components, modifying the operating parameters, machining of components, finishing and maintenance of the body. Besides, factors like increase in disposable incomes, growing demand for passenger and commercial vehicles are anticipated to supplement the market growth in the future.

The upsurge in the construction sector on globe scale are to drive the demand of super-abrasives, in the future. Whereas, the bonded abrasives segment is anticipated to dominate the global market, throughout the forecast period.

However, factors like stringent regulations on usage of silica abrasives, fluctuation in price of raw materials and the requirement of raw materials in larger quantities, may hamper the growth of abrasives market.

Moreover, high growth potential of emerging economies, increasing demand from e-commerce industries, investments in R&D’s to derive more sustainable abrasives, and their growing use in the medical sector shall create lucrative opportunities in the global abrasives market in the forecast period.

Market Segmentations and Scope of the Study:

The abrasives market share analysis is based on type, material, product type, end user industry, and geography.

Based on type, the market is segmented into bonded, coated, and super abrasives. Based on material, the abrasives market covers natural and synthetic. Based on product type, the market is classified into disc, cups, and cylinder. Based on end user industry, the market is divided into automotive, machinery, aerospace, metal fabrication, electronics, construction, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

Asia Pacific shall hold the highest market share, dominating the global abrasives market throughout the forecast period. This is attributable to factors

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Introduction Systems Enters Into Technologies Evaluation Arrangement With Second Massive Global Automotive Manufacturer

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BOSTON–(Enterprise WIRE)–Arrival Systems Holdings, Inc. (NASDAQ: ADN) (“Advent“ or the “Company”), an innovation-pushed chief in the gasoline cell and hydrogen technologies place, is delighted to announce the signing of a technological know-how evaluation agreement with a 2nd big global automotive maker.

With a prevalent objective of sustainability and the speedier decarbonization of the U.S. automotive industry, Introduction is supporting efforts to progress ground breaking gasoline cell technological innovation as a sustainable and efficient possibility for achieving carbon neutrality. Additional exclusively, Arrival will present guidance, as a result of:

  • Supplying Membrane Electrode Assemblies (“MEAs”) for testing, evaluation, and optimization below the collaborator’s conditions.
  • Furnishing support on MEA operational parameters while the collaborator supplies feedback to Advent on efficiency and toughness.
  • Sharing specialized know-how for gasoline mobile stacks, proprietary HT-PEM technologies, and leveraging HT PEM for advanced cooling systems.

One particular of the key aims will be to perform a in depth assessment of Advent’s proprietary HT-PEM technologies and newly launched MEAs for thought of foreseeable future chances. Contingent upon the productive execution of the very first stage of the challenge, the firms will operate to build a Joint Development Arrangement governing, amongst other factors, particular product or service needs, goals, milestones, and strategies.

The new Advent MEAs to be examined as component of this project, are at this time becoming formulated in the framework of L’Innovator, Advent’s joint improvement system with the U.S. Department of Energy’s Los Alamos National Laboratory, Brookhaven National Laboratory, and Nationwide Renewable Strength Laboratory. MEAs are the most essential elements of a gasoline cell as they greatly determine the performance, life span, weight, and cost of the finish program. Introduction MEAs function at large-temperature (80oC to 240oC) although the incumbent LT-PEM technologies is limited to below 100oC. Superior-temp procedure is necessary for effective heat removing in major-obligation mobility purposes, producing HT-PEM an perfect know-how for trucks, aviation, and maritime. Also, Advent MEAs can work with impure hydrogen which can be reformed on-board from methanol, natural gasoline, and other renewable fuels, and are resilient to serious temperature, humidity and air high quality disorders.

Dr. Emory De Castro, Advent’s Chief Technology Officer, mentioned, “We are anxious to decarbonize the automotive marketplace using subsequent-era gas mobile technological know-how and welcome this really impactful collaboration. MEA is the heart of the gasoline cell and a vital part employed in fuel cells and other electrochemistry apps these as CO2-totally free hydrogen output, and strength storage. All of us at Arrival technologies search ahead to a lengthy and productive collaboration, which will enable us to share our lengthy-standing know-how and help reshape the automotive marketplace by changing the need for traditional fuels although creating clear electric power.”

About Arrival Technologies Holdings, Inc.

Introduction Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles fuel mobile techniques and the critical parts for fuel cells and other innovative electricity programs. Arrival is headquartered in Boston, Massachusetts, with places in California, Denmark, Germany, Greece, and

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Global Additive Manufactured Polymer Automotive Parts Market Report 2022 – Impact of the Rise of Electric Vehicles

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DUBLIN, May 03, 2022–(BUSINESS WIRE)–The “The Market for Additive Manufactured Polymer Automotive Parts: Europe and North America Regions” report has been added to ResearchAndMarkets.com’s offering.

The automotive market is one of the longest-standing users of 3D printing technology, has been one of the first to produce rapid prototypes, then rapid-tooling.

Today, a convergence of several technological, market and environmental trends is radically transforming the automotive industry, and 3D printing is being turned to as a critical tool to enable this transformation, from the transition to electric vehicles (EVs) to the drive towards making supply chains more sustainable.

This report analyzes the future of 3D printing of polymers within the automotive industry through the lens of megatrends that are already having profound effects on the supply chain, design cycles and market strategies of the world’s biggest automakers.

By strategically assessing the automotive value chain, this report identifies the areas of opportunity for 3D printing adoption and growth, and forecasts the long term revenue potential for 3D printing hardware and materials within the automotive industry focusing on jigs, tools and end-use parts.

This report will be followed by a publication of 3D-printed metal parts for the automotive industry.

Key Topics Covered:

Chapter One: Opportunities for AM in the Automotive Industry: A Strategic Appraisal of the Value Chain

1.1 AM and the segmentation of the automotive value chain

1.1.1 Upstream opportunities: Rapid prototyping and supporting the design process

1.1.2 Midstream opportunities: Supporting the manufacture of parts through indirect process support or direct additive manufacture of parts.

1.1.2.1 Production support assets

1.1.2.2 Low volume production runs

1.1.2.3 Customization

1.1.2.4 Advanced part designs

1.1.3 Downstream opportunities

1.1.3.1 Mitigation of obsolescence

1.1.3.2 Digital inventory management

1.1.3.3 Distributed aftermarket production

Chapter Two: Impact of Major Automotive Trends on Additive Manufacturing Polymer Adoption

2.1 Rise of electric vehicles

2.1.1 The effects on the value chain moving from ICE to EV construction

2.1.2 Opportunities for AM in EV part and assembly design

2.1.3 AM within native EV and mixed EV/ICE assembly lines

2.1.4 New entrants enabled by low-volume and flexible additive manufacturing

2.2 Autonomous driving technology

2.2.1 Opportunities for 3D printing in autonomous vehicle development

2.2.2 Mass reduction opportunities for AM

2.2.3 How AM can support a mass-reduction strategy

2.3 Commitments to decarbonisation, supply chain sustainability and the “race to zero”

2.3.1 Reduction of non-recyclable materials and plastics in vehicle design

2.3.2 How AM materials and hardware providers can meet the demand for recycled materials

Chapter Three: Material Assessment for 3D-Printed Polymer Parts in the Automotive Industry

3.1 Evolution of materials within AM industry

3.1.1 Composite materials

3.1.2 Advanced materials

3.2 Eight-year materials forecasts

3.2.1 Thermoplastic filaments

3.2.2 Thermoplastic powders

3.2.3 Thermoset resins

3.2.3.1 VAT resins

3.2.3.2 Jetted resins

3.2.4 Distribution material by region

3.2.5 Eight-year CAGR

Chapter Four Polymer 3D-Printing Hardware for the Automotive Industry

4.1 Developments in key AM technologies in automotive

4.1.1 Powder bed systems

4.1.2 Material extrusion

4.1.3 VAT systems

4.1.4 Material jetting

4.2 Eight-year forecast for AM hardware

4.2.1

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Global Automotive Aftermarket Market to Reach $542.1 Billion by 2026

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ReportLinker

Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies – Strong/Active/Niche/Trivial.

New York, Feb. 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Automotive Aftermarket Industry” – https://www.reportlinker.com/p04778726/?utm_source=GNW
-Online interactive peer-to-peer collaborative bespoke updates
-Access to our digital archives and MarketGlass Research Platform
-Complimentary updates for one year

Global Automotive Aftermarket Market to Reach $542.1 Billion by 2026

Increasing vehicle population, higher vehicle life expectancy and longer car retention continue to fuel growth in the global automotive aftermarket. Growing percentage of electronic content in automobiles coupled with modern consumers` proclivity to in-car infotainment technologies provides ample opportunities for growth. Automotive electronics such as night-vision devices, global positioning systems (GPS) and reverse and parking-assist systems will become popular targets for market expansion. Increasing customer expectations, technological innovations and growing competition are among the factors driving industry expansion. More and more OEMs can be seen penetrating into the aftermarket. Increasing consumer awareness pertaining to periodic maintenance, safety, installation of new interior and exterior accessories, convenience and add-on services would also fuel business expansion. The online platform for sales of automotive components would also become more popular in the coming years. Online platforms would enable customers to compare prices and product features prior to the purchase decision.

Amid the COVID-19 crisis, the global market for Automotive Aftermarket estimated at US$438.8 Billion in the year 2020, is projected to reach a revised size of US$542.1 Billion by 2026, growing at a CAGR of 3.6% over the analysis period. Mechanical Products, one of the segments analyzed in the report, is projected to grow at a 3.2% CAGR to reach US$228 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Exterior & Structural Products segment is readjusted to a revised 3.1% CAGR for the next 7-year period. This segment currently accounts for a 18.7% share of the global Automotive Aftermarket market. Bad road conditions and rise in automotive accidents generate demand for tires, rims, and other mechanical products associated with the wheel assembly. Vehicle exterior and structural products such as laminated windows and glass are some of the most common products that are enhanced with advanced versions.

The U.S. Market is Estimated at $118.8 Billion in 2021, While China is Forecast to Reach $98.5 Billion by 2026

The Automotive Aftermarket market in the U.S. is estimated at US$118.8 Billion in the year 2021. The country currently accounts for a 26.61% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$98.5 Billion in the year 2026 trailing a CAGR of 6.3% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR while Rest of European market

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