Automotive Coolant Market Updates by 2031
Coolant is a material which is found in two forms i.e. gas and liquid and are used in reducing or regulating the heat of a system. The proper mixture of propylene glycol, ethylene and water is used in the automotive system to make it more efficient. It is a fluid which is used for preventing the engine from overheating. Automotive coolant regulates the temperature of the car by absorbing and eliminating the heat through the radiator. The excessive usage and contamination with Impurities leads to overheating of the metal components, which results in failure of the engine. It also further helps in reducing the number of repairs and maintenance of the car.
MARKET DYNAMICS
The global automotive coolant market is growing at a significant pace owing to driving factors such as presence of a huge number of manufacturers and the growing registration of new vehicles. Furthermore, the other key factors driving the economy are the strict regulation adopted by the government on anti-freezing disposal & recycling, which has forced the manufacturer to adopt the coolant in their product. However the continuous alteration of the price of raw material used in coolants and the limitation to control the temperature in extreme condition hinder the growth of the automotive coolant market. However automotive coolant, ability to stay in high speed in longer time and high durability may provide the opportunity for the market players in near future. However, adding benefits like staying in high speed for long time, high durability, etc. in the automotive industry may provide the opportunity for the market players in near future.
MARKET SCOPE
The "Global Automotive Coolant Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive coolant market with detailed market segmentation by material, type, end-user industry, and geography. The global automotive coolant market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive coolant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive coolant market is segmented on the basis of vehicle type,, and chemical type. On the basis of vehicle type, the automotive coolant market is segmented into, passenger cars and commercial vehicles. On the basis of chemical type, the market is bifurcated into,ethylene glycol and propylene glycol.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive coolant market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive coolant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive coolant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive coolant market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive coolant market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive coolant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive coolant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive coolant market in these regions.
MARKET PLAYERSThe reports cover key developments in the automotive coolant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from automotive coolant market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive coolant in the global market. Below mentioned is the list of few companies engaged in the automotive coolant market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive coolant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amsoil
- Ashland Corporation
- Blue Star Lubrication Technology
- BP PLC Castrol
- Chevron
- Exxon Mobil
- Shell
- Sinclair Oil Corporation
- Total SA
- Valvoline
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Coolant Market - By VEHICLE TYPE
1.3.2 Automotive Coolant Market - By ORGANIC CHEMICAL TYPE
1.3.3 Automotive Coolant Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE COOLANT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. AUTOMOTIVE COOLANT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMOTIVE COOLANT MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE COOLANT - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE COOLANT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE COOLANT MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
7.1. OVERVIEW
7.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
7.3. PASSENGER CAR
7.3.1. Overview
7.3.2. PASSENGER CAR Market Forecast and Analysis
7.4. COMMERCIAL VEHICLES
7.4.1. Overview
7.4.2. COMMERCIAL VEHICLES Market Forecast and Analysis
8. AUTOMOTIVE COOLANT MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIC CHEMICAL TYPE
8.1. OVERVIEW
8.2. ORGANIC CHEMICAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. ETHYLENE GLYCOL
8.3.1. Overview
8.3.2. ETHYLENE GLYCOL Market Forecast and Analysis
8.4. PROPYLENE GLYCOL
8.4.1. Overview
8.4.2. PROPYLENE GLYCOL Market Forecast and Analysis
9. AUTOMOTIVE COOLANT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Coolant Market Overview
9.1.2 North America Automotive Coolant Market Forecasts and Analysis
9.1.3 North America Automotive Coolant Market Forecasts and Analysis - By VEHICLE TYPE
9.1.4 North America Automotive Coolant Market Forecasts and Analysis - By ORGANIC CHEMICAL TYPE
9.1.5 North America Automotive Coolant Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Automotive Coolant Market
9.1.5.1.1 Canada Automotive Coolant Market by VEHICLE TYPE
9.1.5.1.2 Canada Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.1.5.2 Mexico Automotive Coolant Market
9.1.5.2.1 Mexico Automotive Coolant Market by VEHICLE TYPE
9.1.5.2.2 Mexico Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.1.5.3 US Automotive Coolant Market
9.1.5.3.1 US Automotive Coolant Market by VEHICLE TYPE
9.1.5.3.2 US Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2. EUROPE
9.2.1 Europe Automotive Coolant Market Overview
9.2.2 Europe Automotive Coolant Market Forecasts and Analysis
9.2.3 Europe Automotive Coolant Market Forecasts and Analysis - By VEHICLE TYPE
9.2.4 Europe Automotive Coolant Market Forecasts and Analysis - By ORGANIC CHEMICAL TYPE
9.2.5 Europe Automotive Coolant Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Coolant Market
9.2.5.1.1 Germany Automotive Coolant Market by VEHICLE TYPE
9.2.5.1.2 Germany Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2.5.2 France Automotive Coolant Market
9.2.5.2.1 France Automotive Coolant Market by VEHICLE TYPE
9.2.5.2.2 France Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2.5.3 Italy Automotive Coolant Market
9.2.5.3.1 Italy Automotive Coolant Market by VEHICLE TYPE
9.2.5.3.2 Italy Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2.5.4 United Kingdom Automotive Coolant Market
9.2.5.4.1 United Kingdom Automotive Coolant Market by VEHICLE TYPE
9.2.5.4.2 United Kingdom Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2.5.5 Russia Automotive Coolant Market
9.2.5.5.1 Russia Automotive Coolant Market by VEHICLE TYPE
9.2.5.5.2 Russia Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.2.5.6 Rest of Europe Automotive Coolant Market
9.2.5.6.1 Rest of Europe Automotive Coolant Market by VEHICLE TYPE
9.2.5.6.2 Rest of Europe Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Coolant Market Overview
9.3.2 Asia-Pacific Automotive Coolant Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Coolant Market Forecasts and Analysis - By VEHICLE TYPE
9.3.4 Asia-Pacific Automotive Coolant Market Forecasts and Analysis - By ORGANIC CHEMICAL TYPE
9.3.5 Asia-Pacific Automotive Coolant Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Coolant Market
9.3.5.1.1 Australia Automotive Coolant Market by VEHICLE TYPE
9.3.5.1.2 Australia Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3.5.2 China Automotive Coolant Market
9.3.5.2.1 China Automotive Coolant Market by VEHICLE TYPE
9.3.5.2.2 China Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3.5.3 India Automotive Coolant Market
9.3.5.3.1 India Automotive Coolant Market by VEHICLE TYPE
9.3.5.3.2 India Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3.5.4 Japan Automotive Coolant Market
9.3.5.4.1 Japan Automotive Coolant Market by VEHICLE TYPE
9.3.5.4.2 Japan Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3.5.5 South Korea Automotive Coolant Market
9.3.5.5.1 South Korea Automotive Coolant Market by VEHICLE TYPE
9.3.5.5.2 South Korea Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.3.5.6 Rest of Asia-Pacific Automotive Coolant Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Coolant Market by VEHICLE TYPE
9.3.5.6.2 Rest of Asia-Pacific Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Coolant Market Overview
9.4.2 Middle East and Africa Automotive Coolant Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Coolant Market Forecasts and Analysis - By VEHICLE TYPE
9.4.4 Middle East and Africa Automotive Coolant Market Forecasts and Analysis - By ORGANIC CHEMICAL TYPE
9.4.5 Middle East and Africa Automotive Coolant Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Coolant Market
9.4.5.1.1 South Africa Automotive Coolant Market by VEHICLE TYPE
9.4.5.1.2 South Africa Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.4.5.2 Saudi Arabia Automotive Coolant Market
9.4.5.2.1 Saudi Arabia Automotive Coolant Market by VEHICLE TYPE
9.4.5.2.2 Saudi Arabia Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.4.5.3 U.A.E Automotive Coolant Market
9.4.5.3.1 U.A.E Automotive Coolant Market by VEHICLE TYPE
9.4.5.3.2 U.A.E Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.4.5.4 Rest of Middle East and Africa Automotive Coolant Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Coolant Market by VEHICLE TYPE
9.4.5.4.2 Rest of Middle East and Africa Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Coolant Market Overview
9.5.2 South and Central America Automotive Coolant Market Forecasts and Analysis
9.5.3 South and Central America Automotive Coolant Market Forecasts and Analysis - By VEHICLE TYPE
9.5.4 South and Central America Automotive Coolant Market Forecasts and Analysis - By ORGANIC CHEMICAL TYPE
9.5.5 South and Central America Automotive Coolant Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Coolant Market
9.5.5.1.1 Brazil Automotive Coolant Market by VEHICLE TYPE
9.5.5.1.2 Brazil Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.5.5.2 Argentina Automotive Coolant Market
9.5.5.2.1 Argentina Automotive Coolant Market by VEHICLE TYPE
9.5.5.2.2 Argentina Automotive Coolant Market by ORGANIC CHEMICAL TYPE
9.5.5.3 Rest of South and Central America Automotive Coolant Market
9.5.5.3.1 Rest of South and Central America Automotive Coolant Market by VEHICLE TYPE
9.5.5.3.2 Rest of South and Central America Automotive Coolant Market by ORGANIC CHEMICAL TYPE
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMOTIVE COOLANT MARKET, KEY COMPANY PROFILES
11.1. AMSOIL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ASHLAND CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BLUE STAR LUBRICATION TECHNOLOGY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BP PLC CASTROL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CHEVRON
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. EXXON MOBIL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SHELL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SINCLAIR OIL CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOTAL SA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VALVOLINE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Amsoil
2. Ashland Corporation
3. Blue Star Lubrication Technology
4. BP PLC Castrol
5. Chevron
6. Exxon Mobil
7. Shell
8. Sinclair Oil Corporation
9. Total SA
10. Valvoline
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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