Global Automotive Coolant Aftermarket is predicted to reach USD 1.69 billion at a CAGR of 4.19% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Automotive Coolant Aftermarket” that contains information from 2023 to 2032. The Global Automotive Coolant Aftermarket is estimated to register a CAGR of 4.19% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the Global Automotive Coolant Aftermarket— Valvoline Inc, Exxon Mobil Corporation, BASF SE, Total, Chevron Corporation, Royal Dutch Shell, OLD WORLD INDUSTRIES, LLC, Prestone Products Corporation, Arteco, AMSOIL INC, Recochem Corporation, and Motul.


Market Highlights


The Global Automotive Coolant Aftermarket is accounted to register a CAGR of 4.19% during the forecast period and is estimated to reach USD 1.69 Billion by 2032.


The Automotive Coolant Aftermarket refers to the market for replacement or supplementary coolant products and solutions used in vehicles after the original manufacturer's coolant has been depleted or requires maintenance. This aftermarket segment provides consumers with a range of coolant options that can include various types of engine coolant formulations, antifreeze solutions, and additives designed to regulate engine temperature, prevent freezing, protect against corrosion, and maintain optimal engine performance. The automotive coolant aftermarket caters to vehicle owners who seek to ensure their vehicles' cooling systems continue to function efficiently by offering compatible coolant products as alternatives to the manufacturer-recommended options.


Segment Analysis


The Global Automotive Coolant Aftermarket has been segmented based on Technology, Product, and Vehicle Type.


Based on Technology, the market is segmented into Inorganic Additive Technology (IAT), Organic Additive Technology (OAT), and Hybrid Organic Acid Technology (HOAT). The dominance of the Inorganic Additive Technology (IAT) category in the Automotive Coolant Aftermarket is attributed to its established performance, cost-effectiveness, and compatibility with a wide range of vehicles.


Based on Product, the market is segmented into Ethylene Glycol, Propylene Glycol, and Glycerin. The dominance of the Ethylene Glycol category in the Automotive Coolant Aftermarket is attributed to its efficient heat transfer properties and wide application compatibility.


Based on Vehicle Type, the market is segmented into Passenger Cars, Heavy Commercial Vehicles, and Light Commercial Vehicles. The dominance of the Passenger Cars category in the Automotive Coolant Aftermarket is driven by the higher volume of consumer vehicles and their regular maintenance needs.


Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Automotive coolant aftermarket Market Trends


Regional Analysis


The Global Automotive Coolant Aftermarket, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Automotive Coolant Aftermarket comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Automotive Coolant Aftermarket in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Automotive Coolant Aftermarket comprises of Middle East, Africa, and Latin America.


In 2022, the Asia-Pacific Automotive Coolant Aftermarket asserted its dominance with a substantial share of 45.80%, driven by a surge in vehicle sales across the region. Notably, China's Car radiator fluid segment claimed the largest market share, while the Indian Automotive Coolant Aftermarket emerged as the fastest-growing in the Asia-Pacific area.


The Europe Automotive Coolant Aftermarket is projected to experience rapid growth with the highest compound annual growth rate (CAGR), attributed to the increasing presence of local manufacturers within the region. In Europe, the German Automotive Coolant segment commanded the largest market share, while the UK Automotive Coolant sector exhibited the fastest growth.


The North America Automotive Coolant segment held a significant market share, closely tied to the vehicle count on roads. As global vehicle sales, especially in emerging economies, continue to climb, the demand for coolant products rises in tandem. Within North America, the U.S. Automotive Coolant category claimed the largest market share, and the Canadian Armor Materials market exhibited the fastest growth.


Key Findings of the Study



  • The Global Automotive Coolant Aftermarket is expected to reach USD 1.69 Billion by 2032, at a CAGR of 4.19% during the forecast period.

  • In 2022, the Asia-Pacific Automotive Coolant Aftermarket established its dominance with a commanding share of 45.80%, driven by the surge in vehicle sales across the region. Notably, China's Car radiator fluid segment secured the largest market share, while the Indian Automotive Coolant Aftermarket emerged as the fastest-growing market in the Asia-Pacific area.

  • Based on the Technology, the Market has been segmented intoInorganic Additive Technology (IAT) holding the largest market in 2023.

  • Valvoline Inc, Exxon Mobil Corporation, BASF SE, Total, Chevron Corporation, Royal Dutch Shell, OLD WORLD INDUSTRIES, LLC, Prestone Products Corporation, Arteco, AMSOIL INC, Recochem Corporation, and Motul.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 128
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.