United States Automotive Coolant Market, By Vehicle Type, By Product Type, By Technology (Inorganic acid technology, Organic acid technology and Hybrid organic acid technology), By Demand Category & By Geography, Forecast & Opportunities, 2023

The U.S. automotive coolant market demand is expected to grow at a CAGR of 7.9% in 2023 on the back of superior corrosion inhibiting and heat absorption properties of coolants. Coolants, a substitute to water, also known as antifreeze agents, provides higher thermal capacity, non-toxic, anti-corrosive and low viscosity properties that make it fit for several Heating, Ventilation and Air conditioning (HVAC) applications. The most common chemicals used for its process are Ethylene glycol, glycerol and Propylene glycol. The recent trend of substituting toxic, ethylene glycol, organic based coolants is anticipated to provide profitable growing opportunities over the forecast period. Moreover, the regulations by the Department of Environmental Quality (DEQ) for opposing high emission levels is boosting fuel efficiency in modern vehicles, all these factors are highly conducive for growing market of coolant in the forecast period.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

• To assess the demand-supply scenario of Automotive Coolant, which covers production, import, export, demand, supply, and net inventory status of Automotive Coolant Market in U.S.
• To analyze and forecast the market size of Automotive Coolant, in terms of value as well as volume.
• To classify and forecast U.S. Automotive Coolant market based on vehicle type, product type, technology, demand category and regional distribution.
• To identify drivers and challenges for U.S. Automotive Coolant market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in U.S. Automotive Coolant market.
• To conduct the pricing analysis for Automotive Coolant market.
• To identify and analyze the profile of leading players involved in the manufacturing of U.S. Automotive Coolant market.

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Some of the major players operating in U.S. Automotive Coolant market are Chevron Philips Corporation, Royal Dutch Shell, Lukoil, Sinclair Oil Corporation, Petronas, Kost USA, Motul, British Petroleum(BP), Sinclair Oil Corporation, Amsoil, Getz Nordic, Liquid Ice Corporation etc.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Automotive Coolant manufacturers and suppliers operating in U.S. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major Automotive Coolant supplier across U.S.

TechSci Research calculated the market size for U.S. Automotive Coolant market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as NORA, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

• Dealers/ Distributors of Automotive Coolant.
• Raw material suppliers of the materials.
• End users of Automotive Coolant.
• Research organizations and consulting companies.
• Associations, organizations, forums and alliances related to automotive coolant.
• Original Equipment Manufacturers (OEM’s)
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive coolant manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, U.S. automobile coolant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Vehicle Type:
• Passenger Car
• Commercial Vehicle
• Two-Wheeler
• OTR
• Market, by Product Type:
• Ethylene glycol
• Propylene glycol
• Glycerol
• Market, by Technology:
• Inorganic acid technology
• Organic acid technology
• Hybrid organic acid
• Market, by Demand Category:
• OEM
• Replacement
• Market, by Region:
• Southeast
• West
• Midwest
• Northeast
• Southwest

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Coolant.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Raw Material Analysis

• Detailed list of different raw materials used in production of automotive coolant, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at  [email protected]