Global Automotive Coolant Sales Market Report 2022

Automotive Coolant Market 

Due to the COVID-19 pandemic, the global Automotive Coolant market size is estimated to be worth USD 5511 million in 2021 and is forecast to a readjusted size of USD 5511 million by 2028 with a CAGR of 2.2% during the review period.

Automotive coolant, also known as antifreeze, is a liquid substance that circulates through an internal combustion engine and draws off excessive heat. The two most common chemicals used for this are ethylene and propylene glycol, both of which have lower freezing points than water (32° Fahrenheit or 0° Celsius). This allows the chemicals to flow freely even under cold winter conditions. Automotive Coolant also has a higher boiling point than pure water, which makes it ideal for summer use as well.

Fully considering the economic change by this health crisis, by Type accounting for % of the Automotive Coolant global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Automotive Coolant Market Share

Global Automotive Coolantkey players include Prestone, Shell, Exxon Mobil, Castrol, Total, etc. Global top five players hold a share about 50%.

Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 40 percent.

In terms of product, Ethylene Glycol Coolant is the largest segment, with a share about 90%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.

The global Automotive Coolant market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Coolant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Type

• Ethylene Glycol Coolant
• Propylene Glycol Coolant
• Other

By Application

• Passenger Vehicle
• Commercial Vehicle

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

• Prestone
• Shell
• Exxon Mobil
• Castrol
• Total
• CCI
• BASF
• Old World Industries
• Valvoline
• Sinopec
• CNPC
• Lanzhou BlueStar
• Zhongkun Petrochemical
• KMCO
• Chevron
• China-TEEC
• Guangdong Delian
• SONAX
• Getz Nordic
• Kost USA
• Amsoil
• Recochem
• MITAN
• Gulf Oil International
• Paras Lubricants
• Solar Applied Materials
• Pentosin
• Millers Oils
• Evans
• ABRO