The global automotive coolant market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. New and innovative product launches to drive global automotive coolant market. For instance, in February 2023, BASF has introduced its Glysantin branded engine coolant products to the Nigerian automotive industry. The products offer threefold engine protection against corrosion, overheating, and frost – ensuring that the engine’s cooling system works smoothly all year round. Consequently, the products of the Glysantin brand have received the most OEM (original equipment manufacturer) approvals from large motor manufacturers.
Further, in November 2022, Old World Industries, manufacturer of Final Charge Heavy Duty Antifreeze/Coolant, has announced the launch of new Final Charge Pro-Series with an advanced and proprietary technology engineered to deliver the highest level of performance for today’s heavy-duty engines. Its stabilized Phosphate enhanced Organic Acid Technology (POAT) corrosion inhibitors provide fast-acting, long-lasting protection to all cooling system metals including Controlled Atmosphere Brazed (CAB) and cast aluminum components.
Furthermore, in August 2022, Valvoline Cummins, a global lubricant manufacturer has introduced the glycol-based full-antifreeze coolant for cars and commercial vehicles, Valvoline Advanced Coolant. The company claims that the product is incorporated with OAT technology, which provides 5 years or up to 5,00,000 Kms of service life/drain interval. Valvoline’s coolant has a non-depleting organic-acid technology that could help enhance engine life with the help of its ethylene glycol-based formulation making it ideal for extreme weather. Such product launches are anticipated to drive the global automotive coolant market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product Type
- By Technology
- By Vehicle Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Total S.A., Castrol Limited., Cummins Filtration, Valvoline International Inc., and Exxon Mobil Corp. among others
Automotive Coolant Market Report Segment
By Product Type
- Ethylene Glycol
- Propylene Glycol
- Others
By Technology
- Inorganic Additive Technology (IAT)
- Organic Additive Technology (OAT)
- Hybrid Organic Acid Technology (HOAT)
Vehicle Type
- Passenger Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
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Automotive Coolant Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- American Mfg Co. (Rudson)
- Amsoil Inc.
- Castrol Ltd.
- Chevron Corp.
- China National BlueStar (Group) Co. Ltd.
- Cummins Filtration, Motul S.A.
- Exxon Mobil Corp.
- Indian Oil Corp. Ltd
- JXTG Holdings Inc.
- Prestone Products Corp.
- Royal Dutch Shell PLC
- Shandong Yuean Chemical Industry Co. Ltd.
- Sinopec Corp.
- Total S.A.
- Valvoline International Inc.
- Voltronic GmbH
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