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Automotive Coolant Market Size, Industry, Competitive Analysis And Forecast 2029
The market share of automotive coolants is increasing as manufacturers launch cutting-edge brands and products to provide customers customised coolant and lubricant solutions. Numerous multinational OEMs are investing in the country by establishing production facilities, expanding their dealer networks, or both after FDI regulations have been put in place. They may do this through joint ventures with well-established businesses or directly afterward.
Strong demand for e-class, crossovers, SUVs, and hatchbacks is driving the passenger vehicle market, which will probably have a beneficial effect on the automotive coolant market. Consumers' growing preference for private transportation and their expanding spending power are driving the market for passenger vehicles.
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