The Global Automotive Coolant Market is Expected to Reach an Estimated $9 Billion by 2030
According to a market report by Lucintel, the future of the global automotive coolant market looks promising with opportunities in the passenger car, commercial vehicle, and two wheeler markets. The global automotive coolant market is expected to reach an estimated $9 billion by 2030 from $7 billion in 2023 at a CAGR of 3% from 2023 to 2030. The major drivers for this market are increasing vehicle production, technological advancements, and stringent emission norms.
In this market, OEM, aftermarket are the major segments of automotive coolant market by end use.
Lucintel forecasts that passenger cars will remain the largest segment over the forecast period.
Within this market, aftermarket will remain the largest segment.
North America will remain the largest region over the forecast period.
ExxonMobil, Castrol, The British Petroleum, Cummins, Royal Dutch Shell, BASF, and Chevron are the major suppliers in the automotive coolant market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
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Lucintel
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