Global OAT Coolant Market Growth 2023-2029

Global OAT Coolant Market Growth 2023-2029

OAT is an acronym for Organic Acid (Additive) Technology which describes the type of materials responsible for the corrosion protection offered by a coolant of this type. An organic additive technology (OAT) coolant contains only organic corrosion inhibitors such as carboxylates and triazole. OAT coolant are Long Life Coolants.
LPI (LP Information)' newest research report, the “OAT Coolant Industry Forecast” looks at past sales and reviews total world OAT Coolant sales in 2022, providing a comprehensive analysis by region and market sector of projected OAT Coolant sales for 2023 through 2029. With OAT Coolant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world OAT Coolant industry.
This Insight Report provides a comprehensive analysis of the global OAT 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 OAT Coolant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global OAT Coolant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for OAT Coolant and breaks down the forecast by freezing point, 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 OAT Coolant.
The global OAT Coolant market size is projected to grow from US$ 826.4 million in 2022 to US$ 967.8 million in 2029; it is expected to grow at a CAGR of 967.8 from 2023 to 2029.
Antifreeze has different chemical compositions depending on the type of antifreeze used. Inorganic Acid Technology (IAT) antifreeze can be either ethylene glycol (EG) or propylene glycol (PG). Organic Acid Technology (OAT) antifreeze is primarily ethylene glycol (EG) based. Hybrid Organic Acid Technology (HOAT) antifreeze is a combination of Inorganic Acid Technology (IAT) and Organic Acid Technology (OAT).
Globally, Asia-Pacific is the largest consumer of OAT coolants and China is also the largest one in the region. In 2019, China held about 20% consumption share. USA is the follower.
This report presents a comprehensive overview, market shares, and growth opportunities of OAT Coolant market by product freezing point, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by freezing point
-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 analyzing the company's coverage, product portfolio, its market penetration.
Prestone
Arteco
BASF
Recochem
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 OAT Coolant market?
What factors are driving OAT Coolant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do OAT Coolant market opportunities vary by end market size?
How does OAT Coolant break out freezing point, 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.