Automotive Coolant Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44095

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The automotive coolant market size will grow up to 38.31 mn gal at a CAGR of 5.24% during 2021-2025.

The automotive coolant market report extensively covers market segmentations by application (passenger cars, M and HCV, and LCV) and geography (APAC, Europe, North America, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Automotive Coolant Market Size be in 2021?

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Automotive Coolant Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the increasing sales of passenger cars are notably supporting the automotive coolant market growth. However, one of the foremost factors impeding market growth is rise in demand for battery electric vehicles poses a threat for automotive coolants. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic automotive coolant market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Automotive Coolant Market Vendors?

The automotive coolant market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • BP Plc
  • Chevron Corp.
  • China Petrochemical Corp.
  • Cummins Inc.
  • Exxon Mobil Corp.
  • Indian Oil Corp. Ltd.
  • MOTUL SA
  • Royal Dutch Shell Plc
  • Total SA
  • Valvoline Inc.

 

The automotive coolant market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full automotive coolant market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the automotive coolant market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Automotive Coolant Market?

Automotive-Coolant-Market-Market-Share-by-Region-2020-2025

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China, India, and Japan are the key markets for automotive coolant market in APAC. Learn about the key, emerging, and untapped markets from our automotive coolant market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 54% of the market’s growth will originate from APAC during the forecast period.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is heavy dependence on ic engines for mobility in emerging countries. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Automotive Coolant Market?

Automotive-Coolant-Market-Market-Share-by-Application-2020-2025

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The automotive coolant market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The automotive coolant market share growth by the passenger cars segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough automotive coolant market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the automotive coolant market size.

 

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What are the Key Factors Covered in this Automotive Coolant Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive coolant market growth during the next five years
  • Precise estimation of the automotive coolant market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive coolant market across APAC, Europe, North America, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive coolant market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive coolant market growth will increase by $41.29 million gal during 2019-2024.
The automotive coolant market is expected to grow at a CAGR of 6.06% during 2019-2024.
Technavio has segmented the automotive coolant market by application (Passenger cars, M and HCV, and LCV) and geographic (APAC, Europe, North America, MEA, and South America).
BP Plc, Chevron Corp., China Petrochemical Corp., Cummins Inc., Exxon Mobil Corp., Indian Oil Corp. Ltd., MOTUL SA, Royal Dutch Shell Plc, Total SA, Valvoline Inc. are a few of the key vendors in the automotive coolant market.
APAC will register the highest growth rate of 53.28% among the other regions. Therefore, the automotive coolant market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • India
  • Japan
  • Russian Federation
The key factors driving the automotive coolant market growth are:
  • Heavy dependence on IC engines for mobility in emerging countries
The automotive coolant market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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