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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