U.S. Automotive Coolant Market Analysis By Product (Ethylene Glycol, Propylene Glycol, Glycerin), By Technology (Inorganic Acid, Organic Acid, Hybrid Organic Acid), By Distribution (OEM, Automotive Aftermarket), By End-Use (Passenger Car, Commercial Vehicles, Two Wheelers) And Segment Forecasts To 2024

Published: Aug, 2016 | Pages: 87 | Publisher: Grand View Research
Industry: Petrochemicals | Report Format: Electronic (PDF)

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. 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. 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.

Further key findings from the study suggest:

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.

Coolants based on the organic acid technology (OAT) dominated the industry owing to their phosphate-free nature

OAT segment is anticipated to grow at a rapid pace owing to its ability to provide superior protection to the automotive cooling system, while maintaining compatibility with exotic materials such as aluminum & magnesium

The OEM distribution segment is anticipated to lose importance to the automotive aftermarket, since most automobile manufacturers refrain from assuming the responsibility of coolant refilling

Commercial vehicles segment is expected to be the dominant end-use segment with its growth projected at over 8% from 2016 to 2024

Increasing trade activities post revival of the U.S. economy has stimulated the demand for commercial heavy-duty vehicles leading to high coolant demand in the region

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.

 Table of Contents


Chapter 1 Methodology and Scope
                     1.1 Research methodology
                     1.2 Research scope and assumptions
                     1.3 List of data sources
Chapter 2 Executive Summary
                     2.1 U.S. Automotive Coolant - Industry Summary & Key Buying Criteria, 2014 - 2024 
Chapter 3 U.S. Automotive Coolant Industry Outlook
                     3.1 Market segmentation
                     3.2 Market size and growth prospects, 2014 - 2024
                     3.3 U.S. automotive coolant value chain analysis
                        3.3.1 Vendor landscape
                        3.3.2 Supplier landscape
                              3.3.2.1 Coolants Plus Inc.
                                       3.3.2.1.1 Company Overview
                                       3.3.2.1.2 Financial Performance
                                       3.3.2.1.3 Product Benchmarking
                              3.3.2.2 Remco Supply Inc.
                                       3.3.2.2.1 Company Overview
                                       3.3.2.2.2 Financial Performance
                                       3.3.2.2.3 Product Benchmarking
                              3.3.2.3 Clear Choice Antifreeze
                                       3.3.2.3.1 Company Overview
                                       3.3.2.3.2 Financial Performance
                                       3.3.2.3.3 Product Benchmarking
                              3.3.2.4 Recochem Inc.
                                       3.3.2.4.1 Company Overview
                                       3.3.2.4.2 Financial Performance
                                       3.3.2.4.3 Product Benchmarking
                     3.4 Regulatory scenario
                     3.5 Raw material trends
                     3.6 Production cost analysis
                        3.6.1 Capital investment distribution share
                        3.6.2 Operating cost distribution share
                     3.7 U.S. automotive coolants price analysis, 2012 to 2024
                     3.8 U.S. automotive coolants trade statistics, 2010 - 2015
                     3.9 U.S. automotive coolant market dynamics
                        3.9.1 Market driver analysis
                              3.9.1.1 Rising vehicle parc in North America
                              3.9.1.2 Growing automotive aftermarket
                        3.9.2 Market restraint analysis
                              3.9.2.1 Limitations in using water as a raw material
                     3.10 Key opportunities prioritized
                     3.11 Industry analysis - Porter's
                     3.12 U.S. automotive coolant company heat map analysis, 2015
                     3.13 U.S. automotive coolant - PESTEL analysis
Chapter 4 U.S. Automotive Coolant Product Outlook
                     4.1 U.S. automotive coolant market volume share by product, 2015 & 2024
                     4.2 Ethylene glycol
                        4.2.1 Market estimates & forecast, 2014 - 2024
                     4.3 Propylene glycol
                        4.3.1 Market estimates & forecast, 2014 - 2024
                     4.4 Glycerin
                        4.4.1 Market estimates & forecast, 2014 - 2024
Chapter 5 U.S. Automotive Coolant Technology Outlook
                     5.1 U.S. automotive coolant market volume share by technology, 2015 & 2024
                     5.2 Inorganic acid technology (IAT)
                        5.2.1 Market estimates & forecast, 2014 - 2024
                     5.3 Organic acid technology (OAT)
                        5.3.1 Market estimates & forecast, 2014 - 2024
                     5.4 Hybrid organic acid technology (HOAT)
                        5.4.1 Market estimates & forecast, 2014 - 2024
Chapter 6 U.S. Automotive Coolant Distribution Outlook
                     6.1 U.S. automotive coolant market volume share by distribution, 2015 & 2024
                     6.2 Original equipment manufacturer (OEM)
                        6.2.1 Market estimates & forecast, 2014 - 2024
                     6.3 Automotive aftermarket
                        6.3.1 Market estimates & forecast, 2014 - 2024
Chapter 7 U.S. Automotive Coolant End-Use Outlook
                     7.1 U.S. automotive coolant market volume share by end-use, 2015 & 2024
                     7.2 Passenger cars
                        7.2.1 Market estimates & forecast, 2014 - 2024
                     7.3 Commercial vehicles
                        7.3.1 Market estimates & forecast, 2014 - 2024
                     7.4 Two wheelers
                        7.4.1 Market estimates & forecast, 2014 - 2024
Chapter 8 Competitive Landscape
                     8.1 Royal Dutch Shell
                        8.1.1 Company Overview
                        8.1.2 Financial Performance
                        8.1.3 Product Benchmarking
                        8.1.4 SWOT Analysis
                        8.1.5 Strategic Initiatives
                     8.2 ExxonMobil Corporation
                        8.2.1 Company Overview
                        8.2.2 Financial Performance
                        8.2.3 Product Benchmarking
                        8.2.4 SWOT Analysis
                     8.3 Chevron Phillips Corporation
                        8.3.1 Company Overview
                        8.3.2 Financial Performance
                        8.3.3 Product Benchmarking
                        8.3.4 SWOT Analysis
                     8.4 SINOPEC
                        8.4.1 Company Overview
                        8.4.2 Financial Performance
                        8.4.3 Product Benchmarking
                        8.4.4 SWOT Analysis
                     8.5 TOTAL S.A.
                        8.5.1 Company Overview
                        8.5.2 Financial Performance
                        8.5.3 Product Benchmarking
                        8.5.4 SWOT Analysis
                     8.6 KOST USA
                        8.6.1 Company Overview
                        8.6.2 Financial Performance
                        8.6.3 Product Benchmarking
                        8.6.4 SWOT Analysis
                        8.6.5 Strategic Initiatives
                     8.7 Motul
                        8.7.1 Company Overview
                        8.7.2 Financial Performance
                        8.7.3 Product Benchmarking
                        8.7.4 SWOT Analysis
                     8.8 Ashland, Inc.
                        8.8.1 Company Overview
                        8.8.2 Financial Performance
                        8.8.3 Product Benchmarking
                        8.8.4 SWOT Analysis
                        8.8.5 Strategic Initiative
                     8.9 British Petroleum Plc
                        8.9.1 Company Overview
                        8.9.2 Financial Performance
                        8.9.3 Product Benchmarking
                        8.9.4 SWOT Analysis
                     8.10 Lukoil
                        8.10.1 Company Overview
                        8.10.2 Financial Performance
                        8.10.3 Product Benchmarking
                        8.10.4 SWOT Analysis
                     8.11 Petronas
                        8.11.1 Company Overview
                        8.11.2 Financial Performance
                        8.11.3 Product Benchmarking
                        8.11.4 SWOT Analysis
                        8.11.5 Strategic Initiatives
                     8.12 Idemitsu Kosan Company Ltd.
                        8.12.1 Company Overview
                        8.12.2 Financial Performance
                        8.12.3 Product Benchmarking
                        8.12.4 SWOT Analysis
                     8.13 Sinclair Oil Corporation
                        8.13.1 Company Overview
                        8.13.2 Financial Performance
                        8.13.3 Product Benchmarking
                        8.13.4 SWOT Analysis
                     8.14 Old World Industries
                        8.14.1 Company Overview
                        8.14.2 Financial Performance
                        8.14.3 Product Benchmarking
                        8.14.4 SWOT Analysis

List of Tables


TABLE 1 U.S. Automotive Coolant - Industry Summary & Key Buying Criteria, 2014 - 2024
TABLE 2 U.S. automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 3 U.S. automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 4 U.S. automotive coolant market volume by product, 2014 - 2016 (Million Gallons)
TABLE 5 U.S. automotive coolant market volume by product, 2017 - 2024 (Million Gallons)
TABLE 6 U.S. automotive coolant market revenue by product, 2014 - 2016 (USD Million)
TABLE 7 U.S. automotive coolant market revenue by product, 2017 - 2024 (USD Million)
TABLE 8 U.S. automotive coolant market volume by technology, 2014 - 2016 (Million Gallons)
TABLE 9 U.S. automotive coolant market volume by technology, 2017 - 2024 (Million Gallons)
TABLE 10 U.S. automotive coolant market revenue by technology, 2014 - 2016 (USD Million)
TABLE 11 U.S. automotive coolant market revenue by technology, 2017 - 2024 (USD Million)
TABLE 12 U.S. automotive coolant market volume by distribution, 2014 - 2016 (Million Gallons)
TABLE 13 U.S. automotive coolant market volume by distribution, 2017 - 2024 (Million Gallons)
TABLE 14 U.S. automotive coolant market revenue by distribution, 2014 - 2016 (USD Million)
TABLE 15 U.S. automotive coolant market revenue by distribution, 2017 - 2024 (USD Million)
TABLE 16 U.S. automotive coolant market volume by end-use, 2014 - 2016 (Million Gallons)
TABLE 17 U.S. automotive coolant market volume by end-use, 2017 - 2024 (Million Gallons)
TABLE 18 U.S. automotive coolant market revenue by end-use, 2014 - 2016 (USD Million)
TABLE 19 U.S. automotive coolant market revenue by end-use, 2017 - 2024 (USD Million)
TABLE 20 U.S. automotive coolant market vendor landscape
TABLE 21 Ethylene glycol automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 22 Ethylene glycol automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 23 Propylene glycol automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 24 Propylene glycol automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 25 Glycerin automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 26 Glycerin automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 27 IAT automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 28 IAT automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 29 OAT automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 30 OAT automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 31 HOAT automotive coolant market estimates & forecast, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 32 HOAT automotive coolant market estimates & forecast, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 33 Automotive coolant market estimates & forecast from OEM, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 34 Automotive coolant market estimates & forecast from OEM, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 35 Automotive coolant market estimates & forecast from automotive aftermarket, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 36 Automotive coolant market estimates & forecast from automotive aftermarket, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 37 Automotive coolant market estimates & forecast from passenger cars, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 38 Automotive coolant market estimates & forecast from passenger cars, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 39 Automotive coolant market estimates & forecast from commercial vehicles, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 40 Automotive coolant market estimates & forecast from commercial vehicles, 2017 - 2024 (Million Gallons) (USD Million)
TABLE 41 Automotive coolant market estimates & forecast from two wheelers, 2014 - 2016 (Million Gallons) (USD Million)
TABLE 42 Automotive coolant market estimates & forecast from two wheelers, 2017 - 2024 (Million Gallons) (USD Million)