Press release
Bio-Based Coolants Market Valuation Expected to Reach US$ 1.6 Billion by 2032
Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4035
Market Opportunity:
The bio-based coolants market emerges as a noteworthy prospect for both manufacturers and investors. As global attention turns towards sustainability and the imperative to curb greenhouse gas emissions, there is a foreseen uptick in the demand for bio-based coolants. Automotive manufacturers are progressively embracing these coolants to comply with rigorous emissions standards and enhance vehicle efficiency. Furthermore, industrial and HVAC systems are making a shift towards bio-based coolants to diminish environmental impact and lower energy consumption. This market not only presents a significant avenue for innovation and product development but also offers substantial opportunities for market expansion.
Market Challenges:
While the bio-based coolants market holds considerable potential, it is not without its hurdles. A primary challenge lies in the production costs, as bio-based coolants often incur higher manufacturing expenses compared to traditional counterparts, posing a competitiveness issue in price-sensitive markets. Manufacturers must invest in research and development to discover cost-effective production methods. Additionally, the availability of raw materials for bio-based coolants can be restricted in certain regions, leading to supply chain constraints and potential hindrances to market growth in the short term.
Another obstacle is the imperative for increased awareness and education. Many end-users and industries may lack comprehensive awareness of the advantages of bio-based coolants or may be hesitant to transition from traditional solutions due to concerns about compatibility or performance. Overcoming these barriers necessitates effective marketing and educational initiatives to drive market adoption.
Key Players:
Dynalene Inc.
Orison Marketing
Houghton
Salathe Oil Company
Star Brite, Inc.
Hangsterfer's Laboratories, Inc.
Kilfrost Limited
Petron Scientech, Inc.
Mitsui & Co. Ltd.
Neste
Bardahl
Competitive Landscape:
Prominent suppliers of bio-based coolants are actively channeling their resources into sustainable environmental practices, aiming to contribute to reduced waste, improved efficiency, and cost-effectiveness. These suppliers are committed to providing comprehensive solutions that not only meet but exceed customer expectations.
A notable example is Dynalene Inc., which recently secured a substantial investment of US$ 25,000 for rigorous product testing and validation. This investment is geared towards meeting the specific requirements of their valued customers and facilitating the production of de-ionizing filter cartridges. These cartridges are designed for use in the coolant loops of charging stations for electric vehicles, fuel cells, computers, and heat-producing electronics.
In a significant development in 2021, Saint-Gobain announced its acquisition of Chryso. This strategic move is anticipated to strengthen the company's presence in the construction chemicals market in the coming years. By partnering with Chryso, Saint-Gobain aims to fortify its position and broaden its offerings in this industry.
Segmentation of Bio-based Coolants Industry Research
Bio-based Coolants Market by Type :
Glycerin
Ethylene Glycol
Propylene Glycol
Others
Bio-based Coolants Market by End-Use Industry :
Metalworking Industry
HVAC Industry
Automotive
Plastic Extrusion Process
Energy Production and Storage
Aerospace Industry
Others
Bio-based Coolants Market by Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4035
Contact:
US Sales Office
11140 Rockville Pike
Suite 400 Rockville, MD 20852
United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com
About Fact.MR :
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bio-Based Coolants Market Valuation Expected to Reach US$ 1.6 Billion by 2032 here
News-ID: 3290553 • Views: …
More Releases from Fact MR
Global Feed Grain Market Gains Traction With $69.9 Billion Valuation Forecast by …
The global feed grain market is a crucial pillar of the agricultural and animal husbandry sectors. Feed grains, such as corn, wheat, barley, oats, sorghum, and rye, form the foundation of livestock diets, fueling growth and productivity across poultry, cattle, swine, and aquaculture industries. With the growing global demand for meat, dairy, and animal-derived products, feed grains play an essential role in sustaining the supply chain. As the population increases…
Edible Food Perfumes Market Set to Flourish Amid Rising Culinary Innovations Glo …
The global edible food perfumes market is undergoing a transformative shift, as the intersection of sensory indulgence and culinary innovation fuels demand for novel food experiences. Edible food perfumes-aromatic sprays or essences applied directly to food or used during preparation-are quickly emerging as a premium trend in the global food and beverage industry. Designed to enhance flavor perception through olfactory stimulation, these fragrances offer consumers a multisensory experience that elevates…
Global Alginate Market Gains Traction Amid Rising Demand Across Key Applications
The global alginate market is steadily gaining momentum, driven by the diverse applications of this natural polysaccharide in industries ranging from food and beverage to pharmaceuticals and textiles. Derived from brown seaweed, alginate has found increasing relevance due to its unique thickening, gelling, and stabilizing properties. As consumer preference shifts towards clean-label, plant-based, and environmentally sustainable ingredients, the demand for alginate is rising across the globe. The market is poised…
Global Food-Grade Molds Market Poised for Expansion With 3.2% CAGR Over the Next …
The food industry is undergoing a remarkable transformation, driven by innovations in manufacturing technologies and increasing demand for quality, safety, and consistency. Among the many unsung heroes facilitating this evolution are food grade molds-essential tools that play a pivotal role in shaping, forming, and maintaining hygiene standards during food production. The global food grade molds market is witnessing significant expansion, fueled by advancements in food processing, increasing demand for customized…
More Releases for Coolants
Automobile Coolants Market Accelerates Amid Rising Vehicle Demand
The automobiles coolant market plays a critical role in maintaining vehicle engine efficiency and longevity. Coolants are essential fluids used across various types of vehicles-from small motorcycles to heavy-duty trucks-ensuring that engines operate within safe temperature limits. By regulating engine heat, preventing freezing in cold climates, and protecting metal components from corrosion, coolants contribute significantly to the overall performance and durability of automobiles. With the rising number of vehicles globally,…
EV Coolants Market: Enhancing Thermal Management in Electric Vehicles
The EV coolant market is ready for impressive expansion, as it is expected to grow to USD 500 million in 2025 from USD 297.2 million in 2023. According to forecasts, by 2035, the market will be worth USD 3.9 billion, with a compound annual growth rate (CAGR) of 28.7%, which is the only driving force for the market.
The main cause of this development can be linked to the increasing utilization…
Coolants Sales Market Size Analysis by Application, Type, and Region: Forecast t …
USA, New Jersey- According to Market Research Intellect, the global Coolants Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for coolant sales is expanding significantly as a result of rising demand from a variety of industries, including electronics, manufacturing, and the automotive…
Bio-Based Coolants Market Growth to US$ 1.6B by 2032
The bio-based coolants market is presently valued at US$ 1.16 billion and is expected to experience a growth rate of 3.2% to attain a market valuation of US$ 1.6 billion by the end of 2032.
The global bio-based coolants market has been steadily growing in recent years, fueled by the increasing demand for eco-friendly and sustainable cooling solutions. Bio-based coolants, derived from renewable resources such as plant-based materials, are gaining popularity…
Latest Trends In Global EV Battery Immersion Coolants Market
Battery heat management is a vital component of the functioning of electric vehicles (EVs). Cells must be maintained cool when under stress from driving and charging, or heated when exposed to freezing temperatures. This allows for more efficient battery operation and increases safety.
This is commonly accomplished using a water cold plate at the battery pack's base or through water coolant lines between the cells.
Immersion cooling is frequently…
Revenue From The Sales Of Bio-Based Coolants Accounted For 21.5% Share Of The Gl …
250 Pages Bio-Based Coolants Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
Latest industry survey by Fact MR, predicts Bio-Based Coolants sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study…
