Press release
Light Vehicle Coolant Market : Revenue Share, Insights & Future Outlook
Light Vehicle Coolant MarketThe global market for Light Vehicle Coolant was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Vehicle 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.
How Do Regional Trends Shape the Future of Coolant Demand?
North American market for Light Vehicle Coolant is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Light Vehicle Coolant is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
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Market Segmentation
By Type
• Ethylene Glycol Coolant
• Propylene Glycol Coolant
By Application
• Light Passenger Vehicle
• Light Commercial Vehicle
Which Leading Companies Are Defining the Competitive Landscape?
• Prestone - renowned for its long-lasting and high-performance automotive coolant solutions.
• Shell - delivers advanced lubricants and coolants designed for efficiency and durability.
• Exxon Mobil - specializes in high-quality engine protection products, including premium coolants.
• Castrol - focuses on innovative automotive fluids that enhance vehicle performance.
• Total - offers eco-friendly coolant formulations optimized for global automotive markets.
• CCI - recognized for producing a wide range of reliable and efficient coolants.
• BASF - a leader in chemical innovation, providing advanced coolant additives and solutions.
• Old World Industries - known for trusted brands like PEAK, supplying coolant to global markets.
• Valvoline - delivers performance-driven automotive fluids with strong brand reliability.
• Sinopec - specializes in cost-effective coolant products catering to Asian markets.
• CNPC - one of the largest petroleum companies, supplying coolant and lubrication products.
• Lanzhou BlueStar - offers industrial-grade coolant and chemical products in China.
• Zhongkun Petrochemical - provides petrochemical-based coolant formulations for vehicles.
• KMCO - focuses on chemical solutions including specialized coolant products.
• Chevron - a global energy company producing advanced engine oils and coolant products.
• China-TEEC - delivers high-quality coolant solutions tailored to local automotive markets.
• Guangdong Delian - specializes in regional coolant manufacturing in China.
• SONAX - a premium German brand offering automotive maintenance fluids and coolants.
• Getz Nordic - supplies innovative coolant solutions across Nordic and European markets.
• Kost USA - develops proprietary coolant and antifreeze products for OEM and aftermarket.
• Amsoil - known for synthetic lubricants and advanced coolant technology.
• Recochem - offers a wide portfolio of coolants with global distribution.
• MITAN - provides automotive chemical solutions with a focus on coolant performance.
• Gulf Oil International - supplies trusted coolant products through its global energy network.
• Paras Lubricants - delivers affordable automotive fluids, including coolants, in India.
• Solar Applied Materials - specializes in chemical materials, including advanced coolant products.
• Pentosin - a German brand recognized for OE-quality coolants and lubricants.
• Millers Oils - offers high-performance fluids, including coolants for motorsport and consumer use.
• Evans - develops waterless coolants to prevent overheating and corrosion.
• ABRO - supplies budget-friendly coolant and automotive fluids globally.
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