Global Automotive Coolant Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 4,642.30 Million |
Market Size (Forecast Year) |
USD 7,124.48 Million |
CAGR |
|
Major Markets Players |
>全球汽车冷却液市场,按技术(无机酸技术 (IAT)、有机酸技术 (OAT)、混合有机酸技术 (HOAT))、产品(乙二醇、丙二醇、甘油)、车辆类型(乘用车、重型商用车、轻型商用车)、最终用户(原始设备制造商 (OEM)、汽车售后市场)划分 - 行业趋势和预测到 2029 年。
汽车冷却液市场分析和规模
预计汽车冷却液市场将在预测期内快速增长,推动力包括汽车销量增长和汽车维护和服务需求上升。此外,汽车制造商正致力于推出新产品和品牌,为消费者提供定制的冷却液解决方案,从而增加汽车冷却液市场份额。
Data Bridge Market Research 分析称,2021 年汽车冷却液市场价值为 46.423 亿美元,预计到 2029 年将达到 71.2448 亿美元,在 2022 年至 2029 年的预测期内复合年增长率为 5.50%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外,Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理位置代表的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
汽车冷却液市场范围和细分
报告指标 |
细节 |
预测期 |
2022 至 2029 年 |
基准年 |
2021 |
历史岁月 |
2020(可定制为 2014 - 2019) |
定量单位 |
收入(百万美元)、销量(单位)、定价(美元) |
涵盖的领域 |
技术(无机酸技术 (IAT)、有机酸技术 (OAT)、混合有机酸技术 (HOAT))、产品(乙二醇、丙二醇、甘油)、车辆类型(乘用车、重型商用车、轻型商用车)、最终用户(原始设备制造商 (OEM)、汽车售后市场) |
覆盖国家 |
北美洲的美国、加拿大和墨西哥、德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太地区 (APAC) 的其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲 (MEA) 的其他地区、巴西、阿根廷和南美洲其他地区 |
涵盖的市场参与者 |
Valvoline (U.S.), Exxon Mobil Corporation (U.S.), BASF SE (Germany), TotalEnergies (France), Chevron Corporation (U.S.), Shell Plc (U.K.), OLD WORLD INDUSTRIES (U.S.), Prestone Products Corporation (U.S.), Arteco (U.S.), Recochem Corporation (Canada), MOTUL (France), BP PLC (U.K.), Chevron Corporation (U.S.), Valvoline Inc. (U.S.), Sinopec (China), Castrol Limited (U.K.) |
Market Opportunities |
|
Market Definition
Automotive coolant is an antifreeze or engine coolant, a coloured liquid. When mixed with the antifreeze, it helps water to help regulate the vehicle engine during extreme temperatures. It protects engines from overheating. Automotive coolant also lubricates the moving parts of the vehicles and protects them from damage when it comes into contact with the head gasket, water pump, cylinder and piston timing.
Automotive Coolant Market Dynamics
Drivers
- Growing demand for propylene glycol
Propylene glycol is used in hydraulic fluids and fire-resistant brake as a coolant in the transportation sector for engine cooling. This is widely used as a raw material for de-icing planes and as a heat transfer fluid for high-temperature applications. The rising demand of propylene glycol is expected to boost the growth of the automotive coolant market.
- Development of automotive sector
Growing production of vehicles both in emerging and developed economies is one of the major factors recognized to the growth of the automotive coolant market globally. For instance, according to the International Organization of Motor Vehicle production, the total number of vehicles manufactured in 2016 was 95 million units, which augmented to 97 million units in 2017, globally. Therefore, growing number of vehicles on road is leading the demand for automotive coolant which is anticipated to increase the market growth rate during the forecast period of 2022-2029.
Opportunities
- Growing usage of ethylene glycol in automotive industry
The rising demand for ethylene glycol in the automotive industry is anticipated to increase the growth of the global automotive coolant market. Ethylene glycol has a significantly lower melting point than water, which keeps engines of ethylene from freezing in the winter and works as a coolant to avoid overheating in the summer. Also, ethylene glycol is used in vehicles to absorb combustion heat which is expected to generate lucrative opportunities for the global automotive coolant market.
Furthermore, the growing sales and production of vehicles in developing nations and the flourishing automotive industry all over the globe will foster several new opportunities that will boost the growth of the automotive coolant market during the forecast period.
Restraints/ Challenges
- Side effects associated with automotive coolants
The toxicity of the ethylene glycol which is used as the basic fluid and used as antifreeze poses a risk to both the environment and human health. Heavy metals such as lead, chromium cadmium and others are present in high concentrations in waste antifreeze, which is also harmful for the environment. Thus, providers and OEMs face many challenges regarding recycling coolant which will also hamper the market's growth rate during the forecast period.
This automotive coolant market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive coolant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Automotive Coolant Market
The outbreak of covid-19 had an adverse impact on the automotive coolant market. The severe disruptions in many manufacturing processes and supply-chain operations has majorly affected the market growth rate. Several precautionary lockdowns imposed by governments to curb the spread of disease led to massive financial setbacks for the market. Moreover, people are now more focused on removing non-essential expenses from their budgets, which has decreased the demand for the automotive coolant. Moreover, with the ongoing lifting up of the lockdown and the novel coronavirus under control, the global automotive coolant market can pick up speed in upcoming years.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In October 2021, Gulf Oil launched a new series of e-fluids for Electric and Hybrid passenger cars. These fluids were found in several markets, including China, the Middle East, and Europe earlier in 2022, whereas Hinduja will launch this series in the Indian market. One of the major products, the eLEC Coolant, aids in cooling electric vehicles' batteries and supports keeping them cool even under adverse situations.
- In November 2021, Redline Detection, the famous developer of diagnostic leak detection technology in the global industry, approved manufacturing a new diagnostic leak detection technology that works mainly in battery electric vehicles.
- December 2020, Recochem, a well-known manufacturer and distributor of automotive aftermarket fluids has recently acquired KOST USA Inc. This company is the third biggest manufacturer of auto coolants in the U.S. KOST is known for its light-duty coolants as well as various functional fluids across the automotive aftermarket channels.
Global Automotive Coolant Market Scope
The automotive coolant market is segmented on the basis of technology, product, vehicle type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Inorganic Acid Technology (IAT)
- Organic Acid Technology (OAT)
- Hybrid Organic Acid Technology (HOAT)
Product
- Ethylene Glycol
- Propylene Glycol
- Glycerine
Vehicle Type
- Passenger Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
End User
- Original Equipment Manufacturer (OEM)
- Automotive Aftermarket
Automotive Coolant Market Regional Analysis/Insights
The automotive coolant market is analyzed and market size insights and trends are provided by country, technology, product, vehicle type and end user as referenced above.
The countries covered in the automotive coolant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
就市场份额和收入而言,亚太地区在汽车冷却液市场占据主导地位。这是因为该地区原材料和劳动力等基本资源容易获得,而且道路上车辆数量较多。
预计欧洲将成为 2022-2029 年预测期内发展最快的地区,因为该地区的车辆应用量大,产量高。此外,消费者对可持续再生资源优势的认识不断提高,可能会促进该地区的市场增长。
报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测各个国家市场情景的一些指标。此外,在提供国家数据的预测分析时,还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
竞争格局和汽车冷却液市场份额分析
汽车冷却液市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对汽车冷却液市场的关注有关。
汽车冷却液市场的一些主要参与者包括:
- Valvoline(美国)
- 埃克森美孚公司(美国)
- 巴斯夫公司(德国)
- TotalEnergies(法国)
- 雪佛龙公司(美国)
- 壳牌有限公司(英国)
- 旧世界工业公司(美国)
- Prestone Products Corporation(美国)
- Arteco (美国)
- Recochem Corporation(加拿大)
- MOTUL (法国)
- 英国石油公司 (BP PLC) (英国)
- 雪佛龙公司(美国)
- Valvoline Inc.(美国)
- 中国石化(中国)
- 嘉实多有限公司(英国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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