Coolant also called anti-freeze, is a bright yellow or green fluid substance that blends with the water added to vehicles both diesel and gasoline to keep the engine operating at a proper temperature and prevent freezing or overheating. Coolant is made either from ethylene glycol, or propylene glycol is capable of altering the boiling point or freezing point of the liquid. Lubricant is in various forms such as oils, greases, and dry lubricants it cleanses the inner part of the engine by getting rid of pollutants such as metal, dust, plastic, gum, and other dirt. Absorbs jolts between moving surfaces and makes the engine operate quietly which in turn also increases the engine’s lifespan.
This report contains market size and forecasts of Automotive Coolant and Lubricant in global, including the following market information:
Global Automotive Coolant and Lubricant Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Coolant and Lubricant Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Automotive Coolant and Lubricant companies in 2021 (%)
The global Automotive Coolant and Lubricant market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Coolant Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Coolant and Lubricant include Sinopec, Royal Dutch Shell, ExxonMobil, BP, Total, CCI, Chevron, Petronas and Castrol, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Coolant and Lubricant manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Coolant and Lubricant Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Automotive Coolant and Lubricant Market Segment Percentages, by Type, 2021 (%)
Coolant
Lubricant
Global Automotive Coolant and Lubricant Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Automotive Coolant and Lubricant Market Segment Percentages, by Application, 2021 (%)
Engine
HVAC
Brake
Transmission
Global Automotive Coolant and Lubricant Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Automotive Coolant and Lubricant Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Coolant and Lubricant revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Coolant and Lubricant revenues share in global market, 2021 (%)
Key companies Automotive Coolant and Lubricant sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Automotive Coolant and Lubricant sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sinopec
Royal Dutch Shell
ExxonMobil
BP
Total
CCI
Chevron
Petronas
Castrol
Fuchs
BASF
Amsoil
CNPC
Valvoline
Old World Industries
Lukoil
FUCHS