Market Overview:
The global coolant reservoir market is estimated to be valued at USD 1.5 billion in 2018 and is projected to grow at a CAGR of 5.8%, to reach USD 2.2 billion by 2030. The growth of the market can be attributed to the increasing demand for passenger cars and commercial vehicles, rising awareness about vehicle safety, and technological advancements in automotive cooling systems. The global coolant reservoir market is segmented by type into plastic (polypropylene), metals, and others. The plastic segment is expected to grow at the highest CAGR during the forecast period owing to its properties such as lightweight, durability, corrosion resistance, and thermal stability. By application, the market is divided into passenger cars (PC), light commercial vehicles (LCV), heavy commercial vehicles (HCV).
Product Definition:
A coolant reservoir is a tank or container that holds fluid used to cool machinery. The fluid may be water, oil, glycol, or air.
Plastic (Polypropylene):
Plastic is a synthetic material, which has been used in the manufacturing of coolant reservoir. The properties exhibited by plastic such as lightweight, high strength and durability have made it an ideal choice for use in automotive applications.
The global market for plastic is expected to witness significant growth over the forecast period owing to its increasing consumption in industrial applications across various end-use industries including construction & building and automotive among others.
Metals:
The metals and it's usage in the coolant reservoir market includes aluminum, copper, zinc & iron. The metals are used for various applications such as they are used to make the reservoir or can be obtained from scrap. The metal cans that hold the coolant also known as antifreeze contain about 60% of water by weight which is made up of recycled materials such as recycled beer cans and soft drink bottles.
Application Insights:
The passenger cars application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to increasing demand for passenger vehicles in emerging economies including China, India and Brazil. In addition, the growing preference towards small & compact car models is expected to drive the demand further.
The light commercial vehicle (LCV) application segment accounted for a significant market share in terms of volume as well as revenue in 2017 owing to increased industrialization and urbanization resulting into an increase of logistics activities across developing countries such as China, India and Brazil which eventually boosts upmarket requirements such as coolant reservoirs.
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, coupled with growing demand for passenger cars and light commercial vehicles in China, India, Japan and South Korea is anticipated to drive the regional market growth.
The European region accounted for a significant share of revenue in 2017 owing to stringent emission norms implemented by governments across Europe. Metals are used as coolant reservoirs due to their high thermal conductivity which helps transfer heat from one part of an engine to another efficiently resulting into better fuel economy. Moreover, increasing sales of heavy commercial vehicles including buses and trucks will augment product demand over the forecast period.
North America region is projected to witness steady growth over the next eight years owing both metals & non-metals products segments on account of rising vehicle production levels especially LCVs/HCVs followed by passenger cars within U.S.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry in developing countries
- Rising demand for luxury and performance cars
- Increasing adoption of coolant reservoir systems in electric vehicles
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Coolant Reservoir Market Research Report
By Type
Plastic (Polypropylene), Metals, Others
By Application
Passenger Cars (PC), Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
By Companies
Calsonic Kansei, Kyoraku, Gemini Group, Dayco Australia, Smarter Tools, HELLA KGaA Hueck, MANN+HUMMEL, Aircraft Spruce & Speciality, Stant, Truckstank.com, Calsonic Kansei
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Coolant Reservoir Market Report Segments:
The global Coolant Reservoir market is segmented on the basis of:
Types
Plastic (Polypropylene), Metals, Others
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 Cars (PC), Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
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:
- Calsonic Kansei
- Kyoraku
- Gemini Group
- Dayco Australia
- Smarter Tools
- HELLA KGaA Hueck
- MANN+HUMMEL
- Aircraft Spruce & Speciality
- Stant
- Truckstank.com
- Calsonic Kansei
Highlights of The Coolant Reservoir 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:
- Plastic (Polypropylene)
- Metals
- Others
- By Application:
- Passenger Cars (PC)
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
- 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 Coolant Reservoir 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
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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?
A coolant reservoir is a tank that stores liquid coolant for use in an engine. The coolant circulates through the system to keep the engine temperature stable.
Some of the major companies in the coolant reservoir market are Calsonic Kansei, Kyoraku, Gemini Group, Dayco Australia, Smarter Tools, HELLA KGaA Hueck, MANN+HUMMEL, Aircraft Spruce & Speciality, Stant, Truckstank.com, Calsonic Kansei.
The coolant reservoir market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coolant Reservoir 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 Coolant Reservoir Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Coolant Reservoir 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 Coolant Reservoir 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 Coolant Reservoir Market Size & Forecast, 2020-2028 4.5.1 Coolant Reservoir Market Size and Y-o-Y Growth 4.5.2 Coolant Reservoir 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 Plastic (Polypropylene)
5.2.2 Metals
5.2.3 Others
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 Cars (PC)
6.2.2 Light Commercial Vehicles (LCV)
6.2.3 Heavy Commercial Vehicles (HCV)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coolant Reservoir 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 Coolant Reservoir 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 Plastic (Polypropylene)
9.6.2 Metals
9.6.3 Others
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 Cars (PC)
9.10.2 Light Commercial Vehicles (LCV)
9.10.3 Heavy Commercial Vehicles (HCV)
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 Plastic (Polypropylene)
10.6.2 Metals
10.6.3 Others
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 Cars (PC)
10.10.2 Light Commercial Vehicles (LCV)
10.10.3 Heavy Commercial Vehicles (HCV)
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 Plastic (Polypropylene)
11.6.2 Metals
11.6.3 Others
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 Cars (PC)
11.10.2 Light Commercial Vehicles (LCV)
11.10.3 Heavy Commercial Vehicles (HCV)
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 Plastic (Polypropylene)
12.6.2 Metals
12.6.3 Others
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 Cars (PC)
12.10.2 Light Commercial Vehicles (LCV)
12.10.3 Heavy Commercial Vehicles (HCV)
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 Plastic (Polypropylene)
13.6.2 Metals
13.6.3 Others
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 Cars (PC)
13.10.2 Light Commercial Vehicles (LCV)
13.10.3 Heavy Commercial Vehicles (HCV)
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 Coolant Reservoir Market: Competitive Dashboard
14.2 Global Coolant Reservoir Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Calsonic Kansei
14.3.2 Kyoraku
14.3.3 Gemini Group
14.3.4 Dayco Australia
14.3.5 Smarter Tools
14.3.6 HELLA KGaA Hueck
14.3.7 MANN+HUMMEL
14.3.8 Aircraft Spruce & Speciality
14.3.9 Stant
14.3.10 Truckstank.com
14.3.11 Calsonic Kansei