Global EV Coolant Market Growth 2024-2030
Electric vehicle (EV) coolant, also known as electric vehicle coolant or electric vehicle antifreeze, is a specialized fluid used in electric vehicles to regulate the temperature of various components, particularly the battery pack and electric motor.
The composition of EV coolant may vary depending on the manufacturer and specific requirements of the vehicle's cooling system. However, it typically consists of a mixture of water and additives to improve thermal conductivity, corrosion protection, and freeze protection. These additives may include glycol-based compounds, corrosion inhibitors, and anti-foaming agents.
It's important to use the manufacturer-recommended coolant for your electric vehicle to ensure compatibility and optimal performance. Regular maintenance, including checking coolant levels and replacing coolant according to the manufacturer's recommendations, is essential to keep the cooling system operating effectively and to prevent overheating or other cooling-related issues.
The global EV Coolant market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “EV Coolant Industry Forecast” looks at past sales and reviews total world EV Coolant sales in 2023, providing a comprehensive analysis by region and market sector of projected EV Coolant sales for 2024 through 2030. With EV Coolant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Coolant industry.
This Insight Report provides a comprehensive analysis of the global EV Coolant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EV Coolant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EV Coolant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Coolant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Coolant.
United States market for EV Coolant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for EV Coolant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for EV Coolant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key EV Coolant players cover Prestone, Arteco, BASF, Recochem, TotalEnergies, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of EV Coolant market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
-40°C
-45°C
-50°C
Others
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prestone
Arteco
BASF
Recochem
TotalEnergies
ExxonMobil
Pentosin
Totachi Industrial
PEAK Auto
Mobil
Shell
Monarch
LOPAL
SINOPEC
Phillips 66
Valvoline
EPPCO Lubricants
Cummins Filtration
IACC
PrixMax
Key Questions Addressed in this Report
What is the 10-year outlook for the global EV Coolant market?
What factors are driving EV Coolant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do EV Coolant market opportunities vary by end market size?
How does EV Coolant break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.