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U.S. Automotive Coolant Market - Latest Development and Trends 2024

Increasing passenger car sales as a result of increased consumer confidence and high disposable income in recent years has impacted industry growth to a large extent. The U.S. Automotive Coolant Market is expected to reach USD 1.23 billion by 2024, according to a new report by Grand View Research, Inc.


The U.S. Department of Environmental Quality (DEQ) has decreed antifreeze recycling standards under the ‘Best Management Practices’ in the industry, leading to greater consumption of recycled coolants with low toxin content. Growing consumer awareness regarding recyclable & sustainable materials is further likely to impact industry growth positively over the forecast period.

Propylene glycol emerged as the leading product segment and accounted for over 55% of total demand in 2015 on account of its growing demand as a substitute for conventional ethylene glycol coolants. It is also expected to witness the highest growth over the forecast period. High growth of propylene glycol can be attributed to the product’s non-toxicity & greater freeze point depression properties.

To Know More About U.S. Automotive Coolant Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/us-automotive-coolant-market

The U.S. Automotive Coolant Market demand was 61.7 million gallons in 2015 and is expected to reach 118.0 million gallons by 2024, growing at a CAGR of 7.9% from 2016 to 2024. High consumer awareness regarding the ethylene glycol based coolants advantageous characteristics such as convective heat transfer properties is expected to foster its application as an antifreeze & corrosion inhibitor in automobiles.

Top Players of U.S. Automotive Coolant Market:

Major industry participants include Lukoil, Total S.A., KOST USA, Motul, Ashland Incorporation, British Petroleum PLC, Royal Dutch Shell, Exxon Mobil Corporation, Chevron Phillips Corporation, and Sinopec among several others.

Market Segmentation of U.S. Automotive Coolant Market:

U.S. Automotive Coolant Market segmented on the basis of Product, Technology, Distribution and End-Use.

By Product:

    Ethylene Glycol
    Propylene Glycol
    Glycerin

By Technology:

    Inorganic Acid Technology (IAT)
    Organic Acid Technology (OAT)
    Hybrid Organic Acid Technology (HOAT)

By Distribution:

    Original Equipment Manufacturers (OEM)
    Automotive Aftermarket

By End-Use:

    Passenger Cars
    Commercial Vehicles
    Two-Wheelers

Inquire about U.S. Automotive Coolant Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3114
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