Report Code: A10327 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Coolant Market
Request Now !Automotive coolant is a dark liquid that flows in the engine motors of various vehicles. Vehicles that use automotive coolant include commercial and passenger vehicles. These coolants can be in the form of liquid or gas. Coolant helps to remove the excess heat from the engine motors and keep it cool. Automotive coolants are used across all types of automobiles, ranging from small to heavy engines. In addition, the coolant allows the engine to maintain low temperatures while maintaining and minimizing the fuel consumption rate and improving the per mile average of the vehicle. Therefore, this leads to the growth of the automotive coolant market in near future.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered  |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Vehicle Type, Application |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Shell, Exxon Mobil, British Petroleum, BASF, Chevron, Indian Oil, KOST, LUKOIL, Motul, Prestone, Sinopec, and TOTAL |
COVID-19 scenario analysis:
The significant factors that impact the growth of the automotive coolant market are rapid growth in the automotive industry and help in providing durability of the engines. However, stringent government regulations and high manufacturing cost coupled with fluctuating prices hamper the growth of the automotive coolant market. Furthermore, extensive growth of automobile and transportation industries is expected to fuel the automotive coolant market growth.Â
Increase in automobile production and sales drive the demand for automotive coolant. Coolant is a major component of vehicles, which increases fuel economy of vehicles. Therefore, increase in demand for automobiles leads to the growth of the automotive coolant market in near future.Â
Automotive coolant helps to remove the excess heat from the engine motors and keeps them cool. Therefore, cool engines provide better fuel efficiency to vehicles. Moreover, use of coolant to reduce heat increases the life of the vehicle. This results in the growth of the automotive coolant market in near future.
Key segments covered:
Segments | Sub-segments |
 Vehicle Type |
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 Application |
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Key benefits of the report:
Questions answered in the automotive coolant market research report:
Automotive Coolant Market Report Highlights
Aspects | Details |
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By Product |
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By Technology |
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By Vehicle Type |
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By Region |
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Key Market Players | Shell, KOST, Chevron, BASF, Sinopec, Indian Oil, TOTAL, British Petroleum, Prestone, Exxon Mobil |
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