Automotive Engine Oil Coolant Market with Complete SWOT Analysis by Forecast From 2022 to 2030

Market Highlights:

The Automotive Engine Oil Coolant Market is predicted to grow at approximately 11 % CAGR by 2027 

Global automotive sales have seen a steady increase in the last couple of decades consistently. The variety and types of auto motives produced around the world are large. Still, the working principle that governs the functioning of any automotive remains the same. 90% of automobiles produced globally run either on gasoline (petrol), which is finer or a more pure form of fuel or diesel – which is considered the lesser pure or cruder variety of the two. The automotive engine, i.e., the internal combustion (I.C.) engine mainly functions on the combustion of fuel and the resultant energy produced from it.

Fuel is injected from one of the nozzles in the engine and it is ignited causing combustion of the same. The by-products are heat and smoke. Out of the total heat produced, two-thirds i.e. 67% is wasted away and only 33% is utilized for quality work (moving the crankshaft and thus the vehicle). The heat that is wasted away causes the engine and related parts to heat up. This if not looked into in time, will cause overheating of the internal components. This drastically reduces the efficiency of the automotive. Also, the overheating causes malfunctioning of the components and would alter their dimensions. This may lead to total engine failure causing the vehicle to stop dead in the middle of the road.

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This may result in fatalities, wastage of time and money, loss of man-hours, wastage of material needed to be transported and most importantly causing an escalating delay for allied activities. Another aspect of this is the corrosion and rusting caused due to constant exposure to heat and fuel causing deterioration of the parts again hampering efficiency and overall engine life. For avoiding all these things, proper care of the engine in the form of periodic maintenance and using the right quality of coolant is of utmost importance, thus highlighting the need for automotive engine oil coolant usage.

Key Players

The key players in Automotive Engine Oil Coolant Market are MAHLE GmbH (Germany), Dana Incorporated (U.S.), Castrol (U.K.), Fluidyne Control Systems (P) Ltd (India), Titanx Engine Cooling, Inc. (U.S.), and PWR Holdings (Australia). Setrab (U.S.), Amsoil Inc. (U.S.), Blue Star Lubrication Technology LLC (U.S.), Valvoline (U.S.), Royal Dutch Shell (U.K.), and Chevron Corporation (U.S.) are among others.

Market Segmentation -

This study provides an overview of the Global Automotive Engine Oil Coolant Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Engine Oil Coolant Market by its Type, Cooling Mechanism, Function, End Market, Vehicle Type and Region.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The U.S. population is particularly known for its preference of large road plying trucks that travel from coast to coast transporting goods and materials of all kinds. Additionally, people here, are known for their choice of large personalized vehicles such as mini trucks and SUVs, thus making this market an attractive proposition. Asia Pacific market (India, China and the Southeast Asian countries in particular) fall in the tropical region where engine heating is a big problem. Thus the market for engine oil coolant will consistently grow in this region. As for the Europe market, the consistent sale of automobiles and variety of high-end automobiles produced here make this region a strong contender for the growth of the engine oil coolant market.

By Type

• Synthetic Engine Oil Coolant
• Organic Engine Oil Coolant
• Hybrid Engine Oil Coolant

By Cooling Mechanism

• Air Cooled
• Water Cooled
• Liquid Cooled

By Function

• Engine Cooling
• Engine Corrosion Prevention

By End Market

• OEM (Original Equipment Manufacturers)
• After Market

By Vehicle Type

• Passenger Car
• Commercial Car

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

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