The global automotive coolant market size reached USD 5.3 Billion in 2024. Looking forward, the publisher expects the market to reach USD 7.9 Billion by 2033, exhibiting a growth rate (CAGR) of 4.31% during 2025-2033. The escalating need for passenger vehicles is stimulating the market.
Ethylene glycol is the most commonly used coolant because of its excellent heat transmission properties and reasonable price. However, since they are harmful, there is a growing need for safer substitutes. A less harmful alternative that is becoming more and more popular is propylene glycol, particularly in environmentally delicate areas, such as North America and Europe. Glycerin, a biodegradable and renewable coolant, is becoming more and more of a sustainable alternative, although its adoption is still lesser due to greater production costs. This accounts for a significant automotive coolant market share.
As per the automotive coolant market outlook, inorganic acid technology (IAT) coolants, usually comprising silicate or phosphate, have frequently been used in older vehicles because of their potent corrosion protection. They are no longer as common in newer cars, though, because of their limited lifespan. Organic acid technology (OAT) coolants are growing in popularity because they offer more environmentally friendly and long-lasting protection, which makes them appropriate for modern cars. Manufacturers prefer hybrid organic acid technology (HOAT) because it extends protection and works with many kinds of engines. HOAT combines the advantages of both IAT and OAT. Due to their ability to last and satisfy the needs of high-performance cars, HOAT coolants are becoming more and more popular.
Passenger cars require long-lasting, high-performance coolants that support modern engine technologies to maintain optimal performance. Commercial vehicles, such as trucks and buses, demand strong coolants with enhanced heat management capabilities due to their heavy usage and extended operating hours. Two wheelers need affordable coolants with robust thermal stability. These segments are contributing to shaping automotive coolant market dynamics.
According to the automotive coolant market statistics, OEM coolants are provided straight from the manufacturers and are specially designed to satisfy the needs of brand-new automobiles. To guarantee optimum performance and compatibility with their engines, Toyota and BMW, for instance, supply coolants under their brands. On the other side, the aftermarket segment provides car owners who want to enhance or replace their original equipment. In the aftermarket, companies, such as Prestone and Zerex, are industry leaders with a variety of universal coolants that fit different car models and are reasonably priced, giving customers options they can afford.
As per the automotive coolant market price analysis, North America is experiencing a surge in demand for sophisticated coolants due to stringent emissions rules and the growing number of electric vehicles on the road. In Asia Pacific, the rapidly growing car production industry is driving demand for affordable coolant solutions, which shows a preference for cost-effective options to meet the region's increasing vehicle production needs. Europe is focusing on environmentally friendly coolants in response to strict environmental regulations. Latin America's rising automotive aftermarket supports the region's high demand for coolant replacements in older vehicles. The Middle East and Africa have a significant need for high-performance coolants that can withstand extreme temperatures, as the harsh climate places additional strain on vehicle cooling systems.
Automotive Coolant Market Analysis:
- Major Market Drivers: Stringent regulatory standards for the proper disposal and recycling of antifreeze material pose as automotive coolant market growth drivers.
- Key Market Trends: The popularity of eco-friendly coolant formulations due to stricter guidelines and increased environmental concerns is acting as a significant growth-inducing factor.
- Competitive Landscape: Some of the prominent players in the market include Total S.A. (Total), ExxonMobil, Castrol Limited, The British Petroleum Plc, Cummins Inc., Royal Dutch Shell Plc, BASF SE, Chevron Corporation, The PJSC LUKOIL, Motul S.A., and China Petrochemical Corporation (Sinopec Group).
- Geographical Trends: In North America, the growing demand for electric vehicles is driving the need for proficient coolant solutions. In Asia Pacific, rapid automotive production growth contributes to the demand for low-cost coolants. Due to stronger environmental restrictions, eco-friendly and biodegradable coolants are becoming more popular throughout Europe. The burgeoning automotive aftermarket in Latin America is increasing the adoption of aftermarket coolant products. Moreover, difficult climate conditions in the Middle East and Africa are driving demand for high-performance coolants that can endure extreme temperatures.
- Challenges and Opportunities: Addressing the growing need for eco-friendly and long-lasting coolants that adhere to environmental necessities hinders the market. However, developing innovative formulations with biodegradable and sustainable materials is one of the automotive coolant market business opportunities.
Automotive Coolant Market Trends:
Regional Focus on Extreme Climate Adaptation
In regions such as parts of Asia Pacific, extreme temperature variations necessitate the use of specific coolant formulas. To operate a car in these conditions, high-performance coolants that can withstand extreme heat or cold are necessary. In February 2024, ZF Aftermarket enhanced its manufacturing footprint by introducing a 'Made in India' product range. It provides a high-quality coolant that regulates temperature well. This coolant meets IS 5759:2006 specifications for good thermal stability, low viscosity, and corrosion resistance.Rising Demand for Rising Demand for Electric Vehicle (EV) Coolants
As the requirement for electric vehicles (EVs) expands, so does the automotive coolant market demand. EV batteries and components generate a lot of heat, necessitating coolants with special thermal management capabilities. In July 2024, FORVIA HELLA unveiled the Coolant Control Hub max (CCH max), an advanced system centralizing thermal management in electric vehicles. It uses a water-glycol cooling circuit to manage the temperature of the drivetrain, battery, and interior, significantly reducing the number of necessary components. This leads to an 80% reduction in refrigerant use, thereby is one of the automotive coolant industry trends.Emergence of Low-Carbon Hydrogen-Based Coolants
The automotive coolant market overview is exploring low-carbon hydrogen formulations, which can help reduce greenhouse gas emissions from typical coolant production by employing cleaner energy sources. In September 2024, Mitsubishi and ExxonMobil signed a Project Framework Agreement for Mitsubishi Corporation's participation in ExxonMobil's facility in Baytown, Texas, which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia.Global Automotive Coolant Industry Segmentation:
The publisher provides an analysis of the key trends in each segment of the market, along with the automotive coolant market forecasts at the global and regional levels for 2025-2033. Our report has categorized the market based on product, type, application, and end-user.Breakup by Product:
- Ethylene Glycol
- Propylene Glycol
- Glycerin
Ethylene glycol is the most commonly used coolant because of its excellent heat transmission properties and reasonable price. However, since they are harmful, there is a growing need for safer substitutes. A less harmful alternative that is becoming more and more popular is propylene glycol, particularly in environmentally delicate areas, such as North America and Europe. Glycerin, a biodegradable and renewable coolant, is becoming more and more of a sustainable alternative, although its adoption is still lesser due to greater production costs. This accounts for a significant automotive coolant market share.
Breakup by Type:
- Inorganic Acid
- Organic Acid
- Hybrid Organic Acid
- Others
As per the automotive coolant market outlook, inorganic acid technology (IAT) coolants, usually comprising silicate or phosphate, have frequently been used in older vehicles because of their potent corrosion protection. They are no longer as common in newer cars, though, because of their limited lifespan. Organic acid technology (OAT) coolants are growing in popularity because they offer more environmentally friendly and long-lasting protection, which makes them appropriate for modern cars. Manufacturers prefer hybrid organic acid technology (HOAT) because it extends protection and works with many kinds of engines. HOAT combines the advantages of both IAT and OAT. Due to their ability to last and satisfy the needs of high-performance cars, HOAT coolants are becoming more and more popular.
Breakup by Application:
- Passenger Cars
- Commercial Vehicles
- Two Wheelers
- Others
Passenger cars require long-lasting, high-performance coolants that support modern engine technologies to maintain optimal performance. Commercial vehicles, such as trucks and buses, demand strong coolants with enhanced heat management capabilities due to their heavy usage and extended operating hours. Two wheelers need affordable coolants with robust thermal stability. These segments are contributing to shaping automotive coolant market dynamics.
Breakup by End-User:
- OEM
- Aftermarket
According to the automotive coolant market statistics, OEM coolants are provided straight from the manufacturers and are specially designed to satisfy the needs of brand-new automobiles. To guarantee optimum performance and compatibility with their engines, Toyota and BMW, for instance, supply coolants under their brands. On the other side, the aftermarket segment provides car owners who want to enhance or replace their original equipment. In the aftermarket, companies, such as Prestone and Zerex, are industry leaders with a variety of universal coolants that fit different car models and are reasonably priced, giving customers options they can afford.
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
As per the automotive coolant market price analysis, North America is experiencing a surge in demand for sophisticated coolants due to stringent emissions rules and the growing number of electric vehicles on the road. In Asia Pacific, the rapidly growing car production industry is driving demand for affordable coolant solutions, which shows a preference for cost-effective options to meet the region's increasing vehicle production needs. Europe is focusing on environmentally friendly coolants in response to strict environmental regulations. Latin America's rising automotive aftermarket supports the region's high demand for coolant replacements in older vehicles. The Middle East and Africa have a significant need for high-performance coolants that can withstand extreme temperatures, as the harsh climate places additional strain on vehicle cooling systems.
Competitive Landscape:
The research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major automotive coolant companies have also been provided. Some of the key players in the market include:- Total S.A. (Total)
- ExxonMobil
- Castrol Limited
- The British Petroleum Plc
- Cummins Inc.
- Royal Dutch Shell Plc
- BASF SE
- Chevron Corporation
- The PJSC LUKOIL
- Motul S.A.
- China Petrochemical Corporation (Sinopec Group)
Key Questions Answered in This Report:
- How has the global automotive coolant market performed so far, and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive coolant industry?
- What are the key regional markets in the global automotive coolant industry?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global automotive coolant industry?
- What are the key driving factors and challenges in the global automotive coolant industry?
- What is the structure of the global automotive coolant industry, and who are the key players?
- What is the degree of competition in the global automotive coolant industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Coolant Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Type
5.6 Market Breakup by Application
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product
6.1 Ethylene Glycol
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Propylene Glycol
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Glycerin
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Type
7.1 Inorganic Acid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Organic Acid
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hybrid Organic Acid
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Two Wheelers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End-User
9.1 OEM
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aftermarket
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Asia Pacific
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Europe
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Total S.A. (Total)
15.3.2 ExxonMobil
15.3.3 Castrol Limited
15.3.4 The British Petroleum Plc
15.3.5 Cummins Inc.
15.3.6 Royal Dutch Shell Plc
15.3.7 BASF SE
15.3.8 Chevron Corporation
15.3.9 The PJSC LUKOIL
15.3.10 Motul S.A.
15.3.11 China Petrochemical Corporation (Sinopec Group)
List of Figures
Figure 1: Global: Automotive Coolant Market: Major Drivers and Challenges
Figure 2: Global: Automotive Coolant Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Automotive Coolant Market: Breakup by Product (in %), 2024
Figure 4: Global: Automotive Coolant Market: Breakup by Type (in %), 2024
Figure 5: Global: Automotive Coolant Market: Breakup by Application (in %), 2024
Figure 6: Global: Automotive Coolant Market: Breakup by End-User (in %), 2024
Figure 7: Global: Automotive Coolant Market: Breakup by Region (in %), 2024
Figure 8: Global: Automotive Coolant Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 9: Global: Automotive Coolant Industry: SWOT Analysis
Figure 10: Global: Automotive Coolant Industry: Value Chain Analysis
Figure 11: Global: Automotive Coolant Industry: Porter’s Five Forces Analysis
Figure 12: Global: Automotive Coolant (Ethylene Glycol) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: Automotive Coolant (Ethylene Glycol) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: Automotive Coolant (Propylene Glycol) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: Automotive Coolant (Propylene Glycol) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: Automotive Coolant (Glycerin) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: Automotive Coolant (Glycerin) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: Automotive Coolant (Inorganic Acid) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: Automotive Coolant (Inorganic Acid) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: Automotive Coolant (Organic Acid) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: Automotive Coolant (Organic Acid) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: Automotive Coolant (Hybrid Organic Acid) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: Automotive Coolant (Hybrid Organic Acid) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: Automotive Coolant (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: Automotive Coolant (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: Global: Automotive Coolant (Passenger Cars) Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: Global: Automotive Coolant (Passenger Cars) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Global: Automotive Coolant (Commercial Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Global: Automotive Coolant (Commercial Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Global: Automotive Coolant (Two Wheelers) Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Global: Automotive Coolant (Two Wheelers) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Global: Automotive Coolant (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Global: Automotive Coolant (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: Global: Automotive Coolant (OEM) Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: Global: Automotive Coolant (OEM) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: Global: Automotive Coolant (Aftermarket) Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: Global: Automotive Coolant (Aftermarket) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: North America: Automotive Coolant Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: North America: Automotive Coolant Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Asia Pacific: Automotive Coolant Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Asia Pacific: Automotive Coolant Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Europe: Automotive Coolant Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Europe: Automotive Coolant Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Middle East and Africa: Automotive Coolant Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Middle East and Africa: Automotive Coolant Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: Latin America: Automotive Coolant Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: Latin America: Automotive Coolant Market Forecast: Sales Value (in Million USD), 2025-2033
List of Tables
Table 1: Global: Automotive Coolant Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Automotive Coolant Market Forecast: Breakup by Product (in Million USD), 2025-2033
Table 3: Global: Automotive Coolant Market Forecast: Breakup by Type (in Million USD), 2025-2033
Table 4: Global: Automotive Coolant Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 5: Global: Automotive Coolant Market Forecast: Breakup by End-User (in Million USD), 2025-2033
Table 6: Global: Automotive Coolant Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 7: Global: Automotive Coolant Market: Competitive Structure
Table 8: Global: Automotive Coolant Market: Key Players
Companies Mentioned
- Total S.A. (Total)
- ExxonMobil
- Castrol Limited
- The British Petroleum Plc
- Cummins Inc.
- Royal Dutch Shell Plc
- BASF SE
- Chevron Corporation
- The PJSC LUKOIL
- Motul S.A.
- China Petrochemical Corporation (Sinopec Group)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | August 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 5.3 Billion |
| Forecasted Market Value ( USD | $ 7.9 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
