Automotive Coolant Market Research Report Global Forecast till 2030

The automotive coolant market is projected to register a CAGR of 4.00% during the review period (2023 - 2032). Growing creation of vehicles in emerging and created economies and continuous investments in Research and development to foster financially savvy, climate agreeable, and less harmful items are the key market drivers enhancing market growth.

Market CAGR for automotive coolants is driven by the rising interest for ethylene glycol in the automotive industry. Ethylene glycol has a fundamentally lower melting point than water, which holds engines of ethylene back from freezing in the winter and fills in as a coolant to try not to overheat in the late spring. Additionally, ethylene glycol is utilized in vehicles to assimilate burning intensity as most would consider to be normal to generate rewarding open doors for the automotive coolant market income.

Furthermore, the increasing number of central air hardware in manufacturing industries is supposed to decidedly affect market growth. In this way, the elements above are supposed to drive the market size over the projected period. There are certain restraints and difficulties confronted which will hinder market growth.

Market Segmentation

The automotive coolant market is segmented based on product into glycerin, propylene glycol, ethylene glycol, and others. The market can be broken down into passenger cars, large commercial vehicles, light commercial vehicles, and other vehicle types.

Inorganic additive technology (IAT), organic additive technology (OAT), and hybrid organic acid technology (HOAT) are the three technology-based segments of the automotive coolant market. The market is divided into Original Equipment Manufacturers (OEM) and Automotive Aftermarkets based on the end users.

Regional Insights

The North American automotive coolant market will dominate this market, owing to the increasing homegrown creation of automotive coolants that might end up being useful to automotive coolant makers take special care of the rising interest for automotive coolants and lift the market growth in this region.

Europe automotive coolant market represents the second-biggest market share because of the growing working class populace, rising discretionary cashflow, developing surface transportation infrastructure, growing yearning of owning private vehicles, increasing portability because of the advancement of satellite municipalities close to megacities, and increasing interest for products transporters from miniature, little and medium-sized undertakings for automotive coolant are fueling the market in this region.

The Asia-Pacific automotive coolant market is supposed to develop at the quickest CAGR from 2023 to 2032. This is because of the accessibility of inexpensive work and natural substances in the region, combined with the increasing number of neighborhood makers of automotive coolant, which is probably going to push the market in this region.

Major Players

Major players in the automotive coolant market, include BP PLC, Chevron Corporation, Petronas, Royal Dutch Shell PLC, Total SA, Exxon Mobil Corporation, Lukoil, BASF SE, Motul SA, Cummins Inc, and others.

Product Code: MRFR/CnM/3245-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 23
- 1.1.1 GLOBAL AUTOMOTIVE COOLANT MARKET, BY TECHNOLOGY 24
- 1.1.2 GLOBAL AUTOMOTIVE COOLANT MARKET, BY PRODUCT 25
- 1.1.3 GLOBAL AUTOMOTIVE COOLANT MARKET, BY VEHICLE TYPE 26
- 1.1.4 GLOBAL AUTOMOTIVE COOLANT MARKET, BY END USE 27
- 1.1.5 GLOBAL AUTOMOTIVE COOLANT MARKET, BY REGION 28

2 MARKET INTRODUCTION

2.1 DEFINITION 29
2.2 SCOPE OF THE STUDY 29
2.3 MARKET STRUCTURE 29

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 30
3.2 PRIMARY RESEARCH 31
3.3 SECONDARY RESEARCH 31
3.4 MARKET SIZE ESTIMATION 32
3.5 FORECAST MODEL 34
3.6 LIST OF ASSUMPTIONS 34

4 MARKET DYNAMICS

4.1 INTRODUCTION 35
4.2 DRIVERS 37
- 4.2.1 INCREASING DEMAND IN THE GLOBAL AUTOMOTIVE AFTERMARKET 37
- 4.2.2 GROWING SALE OF COMMERCIAL VEHICLES ACROSS THE GLOBE 38
- 4.2.3 DRIVERS IMPACT ANALYSIS 40
4.3 RESTRAINTS 41
- 4.3.1 VOLATILE RAW MATERIAL (CRUDE OIL) PRICES 41
- 4.3.2 RESTRAINTS IMPACT ANALYSIS 42
4.4 OPPORTUNITIES 42
- 4.4.1 EXPANDING AUTOMOTIVE INDUSTRY IN LATIN AMERICA AND THE MIDDLE EAST 42
4.5 CHALLENGES 43
- 4.5.1 INCREASING ADOPTION OF ELECTRIC VEHICLES 43

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS 45
- 5.1.1 RAW MATERIALS SUPPLIERS 46
  - 5.1.1.1 RAW MATERIAL SUPPLIERS OF ETHYLENE GLYCOL 46
  - 5.1.1.2 RAW MATERIAL SUPPLIERS OF PROPYLENE GLYCOL 46
- 5.1.2 AUTOMOTIVE COOLANT PRODUCERS 46
- 5.1.3 DISTRIBUTION CHANNELS 46
- 5.1.4 END USE 47
5.2 PORTER'S FIVE FORCES MODEL 48
- 5.2.1 THREAT OF NEW ENTRANTS 49
- 5.2.2 RIVALRY 49
- 5.2.3 THREAT OF SUBSTITUTES 49
- 5.2.4 BARGAINING POWER OF SUPPLIERS 49
- 5.2.5 BARGAINING POWER OF BUYERS 50
5.3 PRICING ANALYSIS - BY REGION (USD/GALLON), 2023 50
5.4 GLOBAL AUTOMOTIVE SALES AND PRODUCTION OVERVIEW (2023-2032) 50
5.5 REGULATORY CONTEXT 51
- 5.5.1 STANDARD SPECIFICATION FOR GLYCOL BASE ENGINE COOLANT FOR AUTOMOBILE AND LIGHT-DUTY SERVICE 51
5.6 IMPACT OF COVID-19 53

6 GLOBAL AUTOMOTIVE COOLANTS MARKET, BY TECHNOLOGY

6.1 OVERVIEW 56
- 6.1.1 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY TECHNOLOGY, 2023-2032 57
- 6.1.2 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY TECHNOLOGY, 2023-2032 58
6.2 INORGANIC ADDITIVE TECHNOLOGY (IAT) 59
- 6.2.1 INORGANIC ADDITIVE TECHNOLOGY (IAT): MARKET ESTIMATES & FORECAST BY REGION,2023-2032 59
6.3 ORGANIC ADDITIVE TECHNOLOGY (OAT) 60
- 6.3.1 ORGANIC ADDITIVE TECHNOLOGY (OAT): MARKET ESTIMATES & FORECAST BY REGION,2023-2032 61
6.4 HYBRID ORGANIC ACID TECHNOLOGY (HOAT) 62
- 6.4.1 HYBRID ORGANIC ACID TECHNOLOGY (HOAT): MARKET ESTIMATES & FORECAST BY REGION,2023-2032 62

7 GLOBAL AUTOMOTIVE COOLANTS MARKET, BY PRODUCT

7.1 OVERVIEW 64
- 7.1.1 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY PRODUCT, 2023-2032 65
- 7.1.2 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY PRODUCT, 2023-2032 66
7.2 ETHYLENE GLYCOL 67
- 7.2.1 ETHYLENE GLYCOL: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 67
7.3 PROPYLENE GLYCOL 68
- 7.3.1 PROPYLENE GLYCOL: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 69
7.4 GLYCERIN 70
- 7.4.1 GLYCERIN: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 70
7.5 OTHERS 71
- 7.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 71

8 GLOBAL AUTOMOTIVE COOLANTS MARKET, BY VEHICLE TYPE

8.1 OVERVIEW 73
- 8.1.1 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE, 2023-2032 74
- 8.1.2 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY VEHICLE TYPE, 2023-2032 75
8.2 PASSENGER CARS 76
- 8.2.1 PASSENGER CARS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 76
- 8.2.2 PASSENGER CARS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 77
8.3 HEAVY COMMERCIAL VEHICLES 77
- 8.3.1 HEAVY COMMERCIAL VEHICLES: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 78
- 8.3.2 HEAVY COMMERCIAL VEHICLES: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 78
8.4 LIGHT COMMERCIAL VEHICLES 79
- 8.4.1 LIGHT COMMERCIAL VEHICLES: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 79
- 8.4.2 LIGHT COMMERCIAL VEHICLES: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 80
8.5 OTHERS 80
- 8.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 80
- 8.5.2 OTHERS: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 81

9 GLOBAL AUTOMOTIVE COOLANTS MARKET, BY END USER

9.1 OVERVIEW 82
- 9.1.1 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY END USER, 2023-2032 83
- 9.1.2 AUTOMOTIVE COOLANTS: MARKET ESTIMATES & FORECAST BY END USER, 2023-2032 84
9.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM) 85
- 9.2.1 ORIGINAL EQUIPMENT MANUFACTURER (OEM): MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 85
- 9.2.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM): MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 86
9.3 AUTOMOTIVE AFTERMARKET 86
- 9.3.1 AUTOMOTIVE AFTERMARKET: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 87
- 9.3.2 AUTOMOTIVE AFTERMARKET: MARKET ESTIMATES & FORECAST BY REGION, 2023-2032 87

10 GLOBAL AUTOMOTIVE COOLANTS MARKET, BY REGION

10.1 OVERVIEW 88
10.2 NORTH AMERICA 91
- 10.2.1 US 96
- 10.2.2 CANADA 100
10.3 EUROPE 105
- 10.3.1 GERMANY 111
- 10.3.2 UK 115
- 10.3.3 FRANCE 119
- 10.3.4 SPAIN 123
- 10.3.5 ITALY 127
- 10.3.6 RUSSIA 131
- 10.3.7 BENELUX 135
- 10.3.8 POLAND 139
- 10.3.9 REST OF EUROPE 143
10.4 ASIA-PACIFIC 148
- 10.4.1 CHINA 154
- 10.4.2 JAPAN 158
- 10.4.3 INDIA 162
- 10.4.4 AUSTRALIA AND NEW ZEALAND 166
- 10.4.5 INDONESIA 170
- 10.4.6 SOUTH KOREA 174
- 10.4.7 THAILAND 178
- 10.4.8 REST OF ASIA-PACIFIC 182
10.5 MIDDLE EAST & AFRICA 186
- 10.5.1 GCC 191
- 10.5.2 TURKEY 195
- 10.5.3 SOUTH AFRICA 199
- 10.5.4 REST OF THE MIDDLE EAST & AFRICA 203
10.6 LATIN AMERICA 207
- 10.6.1 BRAZIL 213
- 10.6.2 MEXICO 217
- 10.6.3 ARGENTINA 221
- 10.6.4 REST OF LATIN AMERICA 225

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW 229
11.2 GLOBAL MARKET STRATEGY ANALYSIS 229
11.3 KEY DEVELOPMENTS 230
11.4 COMPETITIVE BENCHMARKING 232

12 COMPANY PROFILES

12.1 VALVOLINE INC. 233
- 12.1.1 COMPANY OVERVIEW 233
- 12.1.2 FINANCIAL OVERVIEW 234
- 12.1.3 PRODUCTS OFFERED 235
- 12.1.4 KEY DEVELOPMENTS 235
- 12.1.5 SWOT ANALYSIS 236
- 12.1.6 KEY STRATEGIES 236
12.2 EXXONMOBIL CORPORATION 237
- 12.2.1 COMPANY OVERVIEW 237
- 12.2.2 FINANCIAL OVERVIEW 237
- 12.2.3 PRODUCTS OFFERED 238
- 12.2.4 KEY DEVELOPMENTS 238
- 12.2.5 SWOT ANALYSIS 238
- 12.2.6 KEY STRATEGIES 239
12.3 BASF SE 240
- 12.3.1 COMPANY OVERVIEW 240
- 12.3.2 FINANCIAL OVERVIEW 241
- 12.3.3 PRODUCTS OFFERED 242
- 12.3.4 KEY DEVELOPMENTS 242
- 12.3.5 SWOT ANALYSIS 243
- 12.3.6 KEY STRATEGIES 243
12.4 TOTAL 244
- 12.4.1 COMPANY OVERVIEW 244
- 12.4.2 FINANCIAL OVERVIEW 245
- 12.4.3 PRODUCTS OFFERED 246
- 12.4.4 KEY DEVELOPMENTS 246
- 12.4.5 SWOT ANALYSIS 247
- 12.4.6 KEY STRATEGIES 247
12.5 CHEVRON CORPORATION 248
- 12.5.1 COMPANY OVERVIEW 248
- 12.5.2 FINANCIAL OVERVIEW 249
- 12.5.3 PRODUCTS OFFERED 250
- 12.5.4 KEY DEVELOPMENTS 250
- 12.5.5 SWOT ANALYSIS 251
- 12.5.6 KEY STRATEGIES 251
12.6 ROYAL DUTCH SHELL PLC 252
- 12.6.1 COMPANY OVERVIEW 252
- 12.6.2 FINANCIAL OVERVIEW 253
- 12.6.3 PRODUCTS OFFERED 254
- 12.6.4 KEY DEVELOPMENTS 254
- 12.6.5 SWOT ANALYSIS 255
- 12.6.6 KEY STRATEGIES 255
12.7 OLD WORLD INDUSTRIES, LLC 256
- 12.7.1 COMPANY OVERVIEW 256
- 12.7.2 FINANCIAL OVERVIEW 256
- 12.7.3 PRODUCTS OFFERED 256
- 12.7.4 KEY DEVELOPMENTS 257
- 12.7.5 SWOT ANALYSIS 258
- 12.7.6 KEY STRATEGIES 258
12.8 PRESTONE PRODUCTS CORPORATION 259
- 12.8.1 COMPANY OVERVIEW 259
- 12.8.2 FINANCIAL OVERVIEW 259
- 12.8.3 PRODUCTS OFFERED 259
- 12.8.4 KEY DEVELOPMENTS 260
- 12.8.5 SWOT ANALYSIS 260
- 12.8.6 KEY STRATEGIES 261
12.9 ARTECO 262
- 12.9.1 COMPANY OVERVIEW 262
- 12.9.2 FINANCIAL OVERVIEW 262
- 12.9.3 PRODUCTS OFFERED 263
- 12.9.4 KEY DEVELOPMENTS 263
- 12.9.5 SWOT ANALYSIS 264
- 12.9.6 KEY STRATEGIES 264
12.10 RECOCHEM CORPORATION 265
- 12.10.1 COMPANY OVERVIEW 265
- 12.10.2 FINANCIAL OVERVIEW 265
- 12.10.3 PRODUCTS OFFERED 266
- 12.10.4 KEY DEVELOPMENTS 267
- 12.10.5 SWOT ANALYSIS 268
- 12.10.6 KEY STRATEGIES 268
12.11 AMSOIL INC. 269
- 12.11.1 COMPANY OVERVIEW 269
- 12.11.2 FINANCIAL OVERVIEW 269
- 12.11.3 PRODUCTS OFFERED 269
- 12.11.4 KEY DEVELOPMENTS 269
- 12.11.5 SWOT ANALYSIS 270
- 12.11.6 KEY STRATEGIES 270
12.12 MOTUL 271
- 12.12.1 COMPANY OVERVIEW 271
- 12.12.2 FINANCIAL OVERVIEW 271
- 12.12.3 PRODUCTS OFFERED 271
- 12.12.4 KEY DEVELOPMENTS 272
- 12.12.5 SWOT ANALYSIS 272
- 12.12.6 KEY STRATEGIES 272

13 APPENDIX

13.1 REFERENCES 273
13.2 RELATED REPORTS 274