Global Light Vehicle Coolant Market Growth 2023-2029

Global Light Vehicle Coolant Market Growth 2023-2029

Vehicle coolant, also known as antifreeze, is a liquid substance that circulates through an internal combustion engine and draws off excessive heat. The two most common chemicals used for this are ethylene and propylene glycol, both of which have lower freezing points than water (32° Fahrenheit or 0° Celsius). This allows the chemicals to flow freely even under cold winter conditions. Automotive Coolant also has a higher boiling point than pure water, which makes it ideal for summer use as well.

LPI (LP Information)' newest research report, the “Light Vehicle Coolant Industry Forecast” looks at past sales and reviews total world Light Vehicle Coolant sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Vehicle Coolant sales for 2023 through 2029. With Light Vehicle Coolant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Vehicle Coolant industry.

This Insight Report provides a comprehensive analysis of the global Light Vehicle 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 Light Vehicle Coolant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Vehicle Coolant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Vehicle 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 Light Vehicle Coolant.

The global Light Vehicle Coolant market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Light Vehicle Coolant is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Light Vehicle Coolant is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Light Vehicle Coolant is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Light Vehicle Coolant players cover Prestone, Shell, Exxon Mobil, Castrol, Total, CCI, BASF, Old World Industries and Valvoline, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Vehicle Coolant market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ethylene Glycol Coolant
Propylene Glycol Coolant

Segmentation by application
Light Passenger Vehicle
Light 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 analyzing the company's coverage, product portfolio, its market penetration.
Prestone
Shell
Exxon Mobil
Castrol
Total
CCI
BASF
Old World Industries
Valvoline
Sinopec
CNPC
Lanzhou BlueStar
Zhongkun Petrochemical
KMCO
Chevron
China-TEEC
Guangdong Delian
SONAX
Getz Nordic
Kost USA
Amsoil
Recochem
MITAN
Gulf Oil International
Paras Lubricants
Solar Applied Materials
Pentosin
Millers Oils
Evans
ABRO

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Vehicle Coolant market?

What factors are driving Light Vehicle Coolant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Vehicle Coolant market opportunities vary by end market size?

How does Light Vehicle Coolant break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.