PUBLISHER: IMARC | PRODUCT CODE: 1468185
PUBLISHER: IMARC | PRODUCT CODE: 1468185
Automotive Coolant Market Report by Product, Type, Application, End-User, and Region 2024-2032
The global automotive coolant market size reached US$ 5.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Automotive coolant or antifreeze is a mixture of ethylene glycol or propylene glycol and water that is used to maintain the temperature of the vehicle within a specific range. It is also used to prevent automobile radiators from overheating in summer or freezing in winters, thus avoiding subsequent breakdowns. In addition to the base fluid, coolants consist of small quantities of corrosion inhibitors and antifoam agents, which enhance the overall effectiveness of the engine.
The thriving automotive industry across the globe is the key factor driving the growth of the market. In recent years, there has been an increase in the demand for passenger vehicles which is contributing to the market growth. Moreover, stringent regulatory policies for the safe disposal of antifreeze material and its recycling has enhanced the adoption of reusable coolant variants by the end users. Consumers are becoming aware of the need for proper disposal as used coolants contain undissolved heavy metals which are toxic for animals and can contaminate the soil. Additionally, manufacturers are formulating coolants through advanced technologies such as Inorganic Acid Technology (IAT), Hybrid Organic Acid Technology (HOAT) and Organic Acid Technology (OAT), which assist in creating silica- and phosphate-free product. Some of the other factors such as improvements in the average lifespan of vehicles, the introduction of environment-friendly coolants and rising disposable incomes of the consumers are also augmenting the growth of the market.
IMARC Group's latest report provides a deep insight into the global automotive coolant market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the automotive coolant market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive coolant market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on product, type, application and end-user.
Breakup by Product:
Ethylene Glycol
Propylene Glycol
Glycerin
Breakup by Type:
Inorganic Acid
Organic Acid
Hybrid Organic Acid
Others
Breakup by Application:
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
Breakup by End-User:
OEM
Aftermarket
Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being 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) etc.
Key Questions Answered in This Report:
- How has the global automotive coolant market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive coolant industry?
- What are the key regional markets in the global automotive coolant industry?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global automotive coolant industry?
- What are the key driving factors and challenges in the global automotive coolant industry?
- What is the structure of the global automotive coolant industry and who are the key players?
- What is the degree of competition in the global automotive coolant industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Coolant Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product
- 5.5 Market Breakup by Type
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by End-User
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Product
- 6.1 Ethylene Glycol
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Propylene Glycol
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Glycerin
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Type
- 7.1 Inorganic Acid
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Organic Acid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hybrid Organic Acid
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Passenger Cars
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Two Wheelers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by End-User
- 9.1 OEM
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Aftermarket
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Europe
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porter's Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Total S.A. (Total)
- 15.3.2 ExxonMobil
- 15.3.3 Castrol Limited
- 15.3.4 The British Petroleum Plc
- 15.3.5 Cummins Inc.
- 15.3.6 Royal Dutch Shell Plc
- 15.3.7 BASF SE
- 15.3.8 Chevron Corporation
- 15.3.9 The PJSC LUKOIL
- 15.3.10 Motul S.A.
- 15.3.11 China Petrochemical Corporation (Sinopec Group)
List of Figures
- Figure 1: Global: Automotive Coolant Market: Major Drivers and Challenges
- Figure 2: Global: Automotive Coolant Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Automotive Coolant Market: Breakup by Product (in %), 2023
- Figure 4: Global: Automotive Coolant Market: Breakup by Type (in %), 2023
- Figure 5: Global: Automotive Coolant Market: Breakup by Application (in %), 2023
- Figure 6: Global: Automotive Coolant Market: Breakup by End-User (in %), 2023
- Figure 7: Global: Automotive Coolant Market: Breakup by Region (in %), 2023
- Figure 8: Global: Automotive Coolant Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Automotive Coolant Industry: SWOT Analysis
- Figure 10: Global: Automotive Coolant Industry: Value Chain Analysis
- Figure 11: Global: Automotive Coolant Industry: Porter's Five Forces Analysis
- Figure 12: Global: Automotive Coolant (Ethylene Glycol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Automotive Coolant (Ethylene Glycol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Automotive Coolant (Propylene Glycol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Automotive Coolant (Propylene Glycol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Automotive Coolant (Glycerin) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Automotive Coolant (Glycerin) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Automotive Coolant (Inorganic Acid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Automotive Coolant (Inorganic Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Automotive Coolant (Organic Acid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Automotive Coolant (Organic Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Automotive Coolant (Hybrid Organic Acid) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Automotive Coolant (Hybrid Organic Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Automotive Coolant (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Automotive Coolant (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Automotive Coolant (Passenger Cars) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Automotive Coolant (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Automotive Coolant (Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Automotive Coolant (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Automotive Coolant (Two Wheelers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Automotive Coolant (Two Wheelers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Automotive Coolant (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Automotive Coolant (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Automotive Coolant (OEM) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Automotive Coolant (OEM) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Automotive Coolant (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Automotive Coolant (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: North America: Automotive Coolant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: North America: Automotive Coolant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Asia Pacific: Automotive Coolant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Asia Pacific: Automotive Coolant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Europe: Automotive Coolant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Europe: Automotive Coolant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Middle East and Africa: Automotive Coolant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Middle East and Africa: Automotive Coolant Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Latin America: Automotive Coolant Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Latin America: Automotive Coolant Market Forecast: Sales Value (in Million US$), 2024-2032
List of Tables
- Table 1: Global: Automotive Coolant Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Automotive Coolant Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Automotive Coolant Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 4: Global: Automotive Coolant Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Automotive Coolant Market Forecast: Breakup by End-User (in Million US$), 2024-2032
- Table 6: Global: Automotive Coolant Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Automotive Coolant Market: Competitive Structure
- Table 8: Global: Automotive Coolant Market: Key Players
