United States Automotive Coolant Market Size- By Vehicle Type, Chemical Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United States Automotive Coolant Market Introduction and Overview
According to SPER Market Research, ‘United States Automotive Coolant Market Size – By Vehicle Type, Chemical Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the United States Automotive Coolant Market is estimated to reach USD 2,489.98 million by 2033 with a CAGR of 8.11%.
Engine coolant, sometimes referred to as antifreeze or automotive coolant, is a coloured liquid. When used with antifreeze, it helps regulate the engine of the car in extremely cold weather. It prevents overheating of the engine. Furthermore, when automotive coolant comes into contact with the head gasket, water pump, cylinder, and piston timing, it lubricates and protects the moving parts of the car from damage.
The emergence of Covid-19 had a negative impact on the automobile coolant market. The severe disruptions in many industrial processes and supply chain operations have had a substantial influence on market growth. Several precautionary lockdowns implemented by governments to avoid disease transmission resulted in considerable financial losses for the market.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Vehicle Type, By Chemical Type
Regions covered Northeast, South, Midwest, West
Companies CoveredRoyal Dutch Shell, ExxonMobil Corporation, Chevron Philips Corporation, Sinopec, Total S.A., Kost USA, Motul, Ashland Corporation, British Petroleum PLC., Lukoil, Petronas, Sinclair Oil Corporation.
United States Automotive Coolant Market SegmentationBy Vehicle Type:Based on the Vehicle Type, United States Automotive Coolant Market is segmented as; Passenger Car, Commercial Vehicle.
By Chemical Type: Based on the Chemical Type, United States Automotive Coolant Market is segmented as; Ethylene Glycol, Propylene Glycol.
By Region:This research also includes data for Northeast, South, Midwest, West.