South Africa Antifreeze Market Outlook

south africa’s antifreeze market is expected to witness positive prospects over the next few years. the automotive industry in south africa is thriving, with increasing demand for better cooling systems and longer life spans of cars and vehicles. in addition, the growing need for antifreeze to ensure an optimum operating temperature of engines is estimated to surge over the forecast period 2018 to 2032. following the growth in the south african automotive industry and range of cooling products, antifreeze demand is also projected to expand during the forecast period. the advance in antifreeze technologies such as polymer additives and antifreeze inhibitors are driving the south african antifreeze market. growing focus on gasoline and diesel fuel additives to reduce emission levels of vehicles is likely to drive the demand of antifreeze further. moreover, various companies in the region are introducing a wide variety of products, thus expediting the market growth. vendors are launching various innovative antifreeze products, such as ‘liqui moly’s coolant g13’, and others which have the capability to prevent corrosion in the cooling system and improve its performance. furthermore, vendors are introducing newly developed antifreeze products such as ‘libra’s antifreeze 50-50’ which possesses strong chemical-physical bases and cooling properties. moreover, the south african government is demonstrating their commitment towards controlling vehicle emissions. the consistent rise in living standards of customers has raised their expectations towards vehicle life and performance, consequently driving the growth of the antifreeze market. to conclude, the south african antifreeze market is anticipated to grow over the forecast period owing to the growth in the automotive industry, rise in living standards, and expansion of product offerings. going ahead, the antifreeze market is likely to witness a substantial growth on the back of advancements in technology, increasing customer demand, and government initiatives.