Market Overview:
The global auto cooling fluid market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global auto cooling fluid market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into ethylene cooling fluid, propylene cooling fluid, and other. The ethylene cooling fluids segment is expected to account for a major share of the global auto cooling fluids market during the forecast period owing to its superior properties such as low freezing point and high boiling point as compared to other types of coolants available in the market. On the basis of application,the global autocooling fluidsmarket has been divided into passenger vehicleand commercial vehicle segments.
Product Definition:
Auto cooling fluid is a liquid that helps to cool the engine of a car. It circulates through the engine and removes heat, which can then be dissipated into the air. This helps to keep the engine running at a consistent temperature and prevents it from overheating.
Ethylene Cooling Fluid:
Ethylene cooling fluid is a kind of antifreeze used in automobiles to help maintain the temperature of engine coolant. It is also known as auto cooling fluid or power steering flush water and it helps reduce the viscosity of engine oil, thus helping to improve the lubrication between components. The growth factor for this market is increasing demand from emerging economies such as India, China and Brazil due to rising automotive production coupled with growing consumer disposable income levels.
Propylene Cooling Fluid:
Propylene cooling fluid is a kind of antifreeze used in the automotive industry. It helps to reduce the temperature of engine and turbocharger fluids, thus helping to protect them from overheating and consequent damage. The propylene-based ACF has been designed for use in vehicles with turbocharged engines that are prone to overheating issues.
The global propylene cooling fluid market size was valued at USD 856 million in 2016.
Application Insights:
Passenger vehicle application segment accounted for the largest share of over 70.0% in 2017. The demand for auto cooling fluids is expected to increase significantly owing to rising sales of passenger vehicles, especially in emerging economies such as China, India and Brazil. In addition, increasing penetration of air-conditioned cars among the middle-class population is anticipated to drive growth over the forecast period.
Commercial vehicle application segment is projected to witness significant growth at a CAGR of XX% from 2018 to 2030 due mainly to increased use of commercial vehicles across emerging nations in Latin America and Asia Pacific regions for transporting goods on long distance travels or intercontinental transports which require cold storage during transportation.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers, such as Toyota, Honda Motor Company Ltd., Suzuki Motor Corporation and Hyundai Mobis, in developing economies of Asia Pacific region has resulted in high demand for auto cooling fluid globally.
The growing production of passenger vehicles and commercial vehicles coupled with stringent government regulations regarding fuel consumption is anticipated to drive the market growth over the forecast period. In addition, increasing R&D activities by various companies for development of advanced auto cooling fluids are likely to support industry growth during the estimated period.
North America accounted for a significant share owing to rapid industrialization along with presence of major automobile manufacturers such as Ford Motors Co., General Motors Company and Fiat Chrysler Automobiles N.V. These companies have established their manufacturing facilities across U.S.
Growth Factors:
- Increasing demand for automobiles due to rising disposable income and changing lifestyle of people in developing countries.
- Technological advancements in the automotive sector that are increasing the demand for auto cooling fluids.
- Stringent government regulations on emissions and fuel economy that are promoting the use of auto cooling fluids in vehicles.
- Growing awareness about the benefits of using auto cooling fluids among consumers, which is resulting in an increase in their adoption rate worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Cooling Fluid Market Research Report
By Type
Ethylene Cooling Fluid, Propylene Cooling Fluid, Other
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Shell, Exxon Mobil, British Petroleum, BASF, Chevron, Indian Oil, Kost USA, LUKOIL, Motul, Prestone, Shell, TOTAL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Auto Cooling Fluid Market Report Segments:
The global Auto Cooling Fluid market is segmented on the basis of:
Types
Ethylene Cooling Fluid, Propylene Cooling Fluid, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- Exxon Mobil
- British Petroleum
- BASF
- Chevron
- Indian Oil
- Kost USA
- LUKOIL
- Motul
- Prestone
- Shell
- TOTAL
Highlights of The Auto Cooling Fluid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethylene Cooling Fluid
- Propylene Cooling Fluid
- Other
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auto Cooling Fluid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Auto cooling fluid is a type of lubricant that helps keep engines running smoothly. It circulates through the engine to help cool it and prevent damage.
Some of the key players operating in the auto cooling fluid market are Shell, Exxon Mobil, British Petroleum, BASF, Chevron, Indian Oil, Kost USA, LUKOIL, Motul, Prestone, Shell, TOTAL.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Cooling Fluid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Auto Cooling Fluid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auto Cooling Fluid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Auto Cooling Fluid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Auto Cooling Fluid Market Size & Forecast, 2020-2028
4.5.1 Auto Cooling Fluid Market Size and Y-o-Y Growth
4.5.2 Auto Cooling Fluid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ethylene Cooling Fluid
5.2.2 Propylene Cooling Fluid
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Cooling Fluid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Auto Cooling Fluid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ethylene Cooling Fluid
9.6.2 Propylene Cooling Fluid
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ethylene Cooling Fluid
10.6.2 Propylene Cooling Fluid
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ethylene Cooling Fluid
11.6.2 Propylene Cooling Fluid
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ethylene Cooling Fluid
12.6.2 Propylene Cooling Fluid
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ethylene Cooling Fluid
13.6.2 Propylene Cooling Fluid
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Auto Cooling Fluid Market: Competitive Dashboard
14.2 Global Auto Cooling Fluid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 Exxon Mobil
14.3.3 British Petroleum
14.3.4 BASF
14.3.5 Chevron
14.3.6 Indian Oil
14.3.7 Kost USA
14.3.8 LUKOIL
14.3.9 Motul
14.3.10 Prestone
14.3.11 Shell
14.3.12 TOTAL
