Australia Automotive Coolant Market by Vehicle Type, Product Type, Technology, Demand Category and Region: Forecast & Opportunities to 2025

The Australian Automotive Coolant Market Was Valued at USD 267.06 Million in 2019 and is Forecast to Grow at CAGR of Over 9% in the Next Five Years

The Australian Automotive Coolant Market was valued at USD 267.06 Million in 2019 and is forecast to grow at CAGR of over 9% in the next five years to reach USD 340.61 Million by 2025.

Anticipated growth in the market can be attributed to rising demand of passenger cars, coupled with increase in construction and mining activities in the country.

Moreover, improving economic conditions after COVID-19 outbreak, increase in disposable income and rise in financial status of the consumers are predicted to positively influence the growth of the market  in the coming years. Majority of the high-performance vehicle manufacturing companies are in Australia and the automotive industry is expanding its business in Australia to decrease the import of passenger vehicles from other APAC countries which will offer a lucrative market for automotive coolant  manufacturer through 2025.

The Australian Automotive Coolant Market is segmented based on vehicle type, product type, technology, demand category and region. Based on vehicle type, the market can be segmented into passenger car, commercial vehicle, two-wheeler and OTR. Based on vehicle type passenger car is expected to hold the largest share during the forecast period, due to growing registration of passenger car and increasing in ownership of vehicle post COVID.

In terms of product type, market can be segmented into ethylene glycol, propylene glycol and glycerol. Ethylene glycol is expected to hold major share during the forecast period, on account of low price, availability and demand in the market, so the majority of lubricant manufacturer prefer to use ethylene glycol for manufacturing of automotive lubricants.

To perform the study, the publisher conducted primary as well as exhaustive secondary research. Initially, the publisher prepared an exhaustive list of Automotive Coolant manufacturers and suppliers operating in Australia Subsequently, the publisher conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the publisher could include manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed product offerings, distribution channels, and regional presence of all major Automotive Coolant supplier across Australia.

The publisher calculated the market size for the Australian Automotive Coolant Market by using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. The publisher sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as NORA, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by the publisher.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as automotive coolant manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope

In this report, the Australian Automobile Coolant Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Vehicle Type - Passenger Car, Commercial Vehicle, Two-Wheeler, OTR
• Market, by Product Type - Ethylene glycol, Propylene glycol, Glycerol
• Market, by Technology - Inorganic acid technology, Organic acid technology, Hybrid organic acid technology
• Market, by Demand Category - OEM, Replacement
• Market, by Region - New South Wales, Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Coolant.

Key Target Audience

• Dealers/Distributors of Automotive Coolant
• Raw material suppliers of the materials
• End-Users of Automotive Coolant
• Research organizations and consulting companies
• Associations, organizations, forums and alliances related to automotive coolant
• Original Equipment Manufacturers (OEMs)
• Industry associations
• Market research and consulting firm

Available Customizations

With the given market data, the publisher offers customizations according the company’s specific needs.