Market Overview:
The global semi-synthetic coolants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semi-synthetic coolants from various end-use industries, such as automotive, aerospace, metal processing, and machine made. In terms of type, the aluminum and alloy coolant segment is projected to lead the global market during the forecast period. This can be attributed to its properties such as high thermal conductivity and low viscosity that make it suitable for use in various applications.
Product Definition:
Semi-synthetic coolants are a blend of synthetic and organic ingredients. They offer the benefits of both types of fluids, including good heat transfer and corrosion protection.
Aluminum and Alloy Coolant:
Aluminum and alloys are used as a coolant in semi-synthetic coolants. These products have the ability to remove heat from the system more efficiently than other materials such as calcium chloride, sodium hydroxide or lead. The efficiency of aluminum and it's alloys is increased by mixing them with other metals such as copper, zinc or magnesium which enhances their ability to transfer heat effectively.
Magnesium and Alloy Coolant:
Magnesium and alloy coolant is used in semi-synthetic coolants. It is a combination of magnesium sulfate and aluminum sulfate, which are the most commonly used chemicals for cooling purposes. The mixture functions as an excellent hygroscopic agent that attracts water from the air to form a damp layer on its surface, thereby reducing the evaporation rate of liquid from industrial equipment.
The demand for magnesium.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive applications of semi-synthetic coolants include passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), buses, and trucks. The growing automotive industry across the globe is expected to remain a key factor driving demand for semi-synthetic coolants over the forecast period.
The metal processing segment accounted for a share of 15% in terms of revenue in 2017 owing to increasing use of these fluids by foundry industries worldwide due to their superior properties including low viscosity index, corrosion resistance & anti-fouling properties which help maintain equipment performance at optimum levels. These fluids are also used extensively as lubricants by various industrial machinery operating at high temperatures across all major regions globally.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low labor cost, easy availability of raw materials, and favorable government regulations. China is one of the largest producers as well as consumers of semi-synthetic coolants across Asia Pacific.
The demand for metal processing applications in North America was valued at USD X million in 2016 due to high consumption from various end use industries including aerospace & defense, automotive & transportation equipment manufacturing, industrial machinery manufacturing among others.
Growth Factors:
- Increasing demand for automobiles and heavy vehicles
- Growing automotive sector in developing countries
- Stringent environmental regulations for the automotive industry
- Technological advancements in the field of engine cooling systems
- Rising awareness about the benefits of using semi-synthetic coolants
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi-synthetic Coolants Market Research Report
By Type
Aluminum and Alloy Coolant, Magnesium and Alloy Coolant, Nickel and Alloy Coolant, Titanium and Alloy Coolant, Other
By Application
Automotive, Aerospace, Metal Processing, Machine Made
By Companies
Exxon Mobil, Chemetall GmbH, Chem Arrow Corporation, Houghton International Inc, Ashburn Chemical Technologies, JTM Products, Commonwealth Oil Corporation Company, W.S.Dodge Oil, LUBRICANTS INDIA
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Semi-synthetic Coolants Market Report Segments:
The global Semi-synthetic Coolants market is segmented on the basis of:
Types
Aluminum and Alloy Coolant, Magnesium and Alloy Coolant, Nickel and Alloy Coolant, Titanium and Alloy Coolant, 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
Automotive, Aerospace, Metal Processing, Machine Made
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:
- Exxon Mobil
- Chemetall GmbH
- Chem Arrow Corporation
- Houghton International Inc
- Ashburn Chemical Technologies
- JTM Products
- Commonwealth Oil Corporation Company
- W.S.Dodge Oil
- LUBRICANTS INDIA
Highlights of The Semi-synthetic Coolants 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:
- Aluminum and Alloy Coolant
- Magnesium and Alloy Coolant
- Nickel and Alloy Coolant
- Titanium and Alloy Coolant
- Other
- By Application:
- Automotive
- Aerospace
- Metal Processing
- Machine Made
- 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 Semi-synthetic Coolants 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?
Semi-synthetic coolants are a type of engine coolant that is made up of two or more different types of fluids. Semi-synthetic coolants offer improved performance and reliability over traditional synthetic engine coolants.
Some of the major players in the semi-synthetic coolants market are Exxon Mobil, Chemetall GmbH, Chem Arrow Corporation, Houghton International Inc, Ashburn Chemical Technologies, JTM Products, Commonwealth Oil Corporation Company, W.S.Dodge Oil, LUBRICANTS INDIA.
The semi-synthetic coolants market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Semi-synthetic Coolants 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 Semi-synthetic Coolants Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Semi-synthetic Coolants 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 Semi-synthetic Coolants 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 Semi-synthetic Coolants Market Size & Forecast, 2020-2028 4.5.1 Semi-synthetic Coolants Market Size and Y-o-Y Growth 4.5.2 Semi-synthetic Coolants 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 Aluminum and Alloy Coolant
5.2.2 Magnesium and Alloy Coolant
5.2.3 Nickel and Alloy Coolant
5.2.4 Titanium and Alloy Coolant
5.2.5 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 Automotive
6.2.2 Aerospace
6.2.3 Metal Processing
6.2.4 Machine Made
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semi-synthetic Coolants 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 Semi-synthetic Coolants 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 Aluminum and Alloy Coolant
9.6.2 Magnesium and Alloy Coolant
9.6.3 Nickel and Alloy Coolant
9.6.4 Titanium and Alloy Coolant
9.6.5 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 Automotive
9.10.2 Aerospace
9.10.3 Metal Processing
9.10.4 Machine Made
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 Aluminum and Alloy Coolant
10.6.2 Magnesium and Alloy Coolant
10.6.3 Nickel and Alloy Coolant
10.6.4 Titanium and Alloy Coolant
10.6.5 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 Automotive
10.10.2 Aerospace
10.10.3 Metal Processing
10.10.4 Machine Made
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 Aluminum and Alloy Coolant
11.6.2 Magnesium and Alloy Coolant
11.6.3 Nickel and Alloy Coolant
11.6.4 Titanium and Alloy Coolant
11.6.5 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 Automotive
11.10.2 Aerospace
11.10.3 Metal Processing
11.10.4 Machine Made
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 Aluminum and Alloy Coolant
12.6.2 Magnesium and Alloy Coolant
12.6.3 Nickel and Alloy Coolant
12.6.4 Titanium and Alloy Coolant
12.6.5 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 Automotive
12.10.2 Aerospace
12.10.3 Metal Processing
12.10.4 Machine Made
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 Aluminum and Alloy Coolant
13.6.2 Magnesium and Alloy Coolant
13.6.3 Nickel and Alloy Coolant
13.6.4 Titanium and Alloy Coolant
13.6.5 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 Automotive
13.10.2 Aerospace
13.10.3 Metal Processing
13.10.4 Machine Made
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 Semi-synthetic Coolants Market: Competitive Dashboard
14.2 Global Semi-synthetic Coolants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Exxon Mobil
14.3.2 Chemetall GmbH
14.3.3 Chem Arrow Corporation
14.3.4 Houghton International Inc
14.3.5 Ashburn Chemical Technologies
14.3.6 JTM Products
14.3.7 Commonwealth Oil Corporation Company
14.3.8 W.S.Dodge Oil
14.3.9 LUBRICANTS INDIA