North America Antifreeze Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type, Technology Type, and Application - ResearchAndMarkets.com
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April 20, 2021, 7:01 AM·4 min read
Ethylene Glycol Segment to Dominate North America Antifreeze Market during 2020-2027.
North America Antifreeze Market is expected to reach US$ 2,496.89 million by 2027 from US$ 1,609.15 million in 2019; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027.
The report provides trends prevailing in the North America antifreeze market, and the drivers and restraints pertaining to the market growth. The upsurge in the demand for high performance vehicles as well as the rising use of antifreeze in non-automotive applications is driving the market. However, due to harmful environmental effects and fluctuating raw material prices will hinder the growth of the market in developing countries in North America.