UK Automotive Coolant Market By Vehicle Type (Passenger Car, Commercial Vehicle, Two Wheeler and OTR), By Product Type (Ethylene glycol, Propylene glycol & Glycerol), By Technology, By Demand Category and By Geography, Forecast & Opportunities, 2024
Published Date: May - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUK Automotive Coolant Market size
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The United Kingdom automotive coolant market is anticipated to grow from a value of more than $0.54 billion in 2024 to a projected $1.0963 billion by 2030
The United Kingdom automotive coolant market demand is expected to grow at a CAGR of 4.2% in 2024 on the back of technological advancements, usage and application across automotive and heat exchangers.
Greater Demand for Cars.
Growth in the automotive coolant market is being fueled by increased demand for high-performance cars. Sales of high-performance vehicles have grown in recent times due to improvement in living standards as a result of increased disposable incomes, and comfort. Also, they possess advanced technology and safety features that further drive the sales of high-performance cars. Additionally, several motor racing activities, like Formula 1, are favorably influencing market demand for high-performance, heavy cars. The rising Heavy commercial vehicle demand in the Construction and manufacturing industries further elevating the demand of automotive coolant in the United Kingdom.
Technological Advancement
In addition, the rising significance of engine maintenance and engine performance upgrade has created a scope for the coolant players to adopt new technologies. The new technology enhances coolant performance and longevity. Advanced technology is being utilized by some manufacturers in order to create the coolant which resists high temperature. Moreover, with the advancement of advance technology in the field of coolant, the coolants enjoy a longer life span. In addition, as stocks like ethylene glycol and glycerin become increasingly accessible, new players are entering as potential sellers of car coolant solutions, further consolidating the car coolant market.
Growth of Digital Coolant Monitoring Systems
There are some producers developing digital coolant monitoring systems that can even identify changes in coolant performance and alert vehicle owners when coolant replacement is necessary. The devices can help raise vehicle performance while decreasing maintenance costs.
Move Toward Eco-Friendly Coolant.
There is an increasing focus on manufacturing coolant products that are free from harmful chemicals and are more environmentally friendly. Most coolant manufacturers are developing solutions that are biodegradable and have a smaller environmental impact. ExxonMobil, for instance, announced in December 2021 that it has completed corporate plans, which include increasing its investment on sustainable projects to USD 15 billion.
Automotive coolant environment impact and can't be recycled
The basic fluid and antifreeze ethylene glycol are toxic and pose a threat to both the environment and human health. Heavy metals like lead, chromium, cadmium, and others are present in high amounts in waste antifreeze, which is also harmful to the environment. Used antifreeze is dangerous to the environment and human health because of the toxicity of the ethylene glycol utilized as the basic fluid. Therefore, OEMs and providers are faced with a number of challenges recycling coolant. Additionally, recycling old antifreeze solutions is considered a better option than disposing. Due to the toxicity of ethylene glycol used as the base fluid, antifreeze is a risk to both human health and the environment. Heavy metals like cadmium, lead, chromium, and others are present in high concentrations in waste antifreeze, which is toxic to the environment. Consequently, the OEMs and suppliers are confronted with challenges in recycling coolant and antifreeze.
Growing Usage of Electric and Hybrid vehicles impede growth of coolant.
As more and more consumers switch to electric and hybrid vehicles, demand for conventional coolant solutions can decrease. Electric and hybrid vehicles do not need the same type of engine cooling systems as conventional combustion engines, which can have a bearing on demand for coolant products and services in the long run.
Stringent Environmental Regulations
The automobile industry is facing stricter and stricter environmental regulations, which could have an impact on the development and sale of coolant products. The producers might be required to conduct R&D to design coolant solutions that are compliant with these regulations, which could increase cost and affect profitability.
Price Instability in Raw material
Price fluctuations in raw materials applied in coolants are the most pertinent issues that makers of coolants face. Raw material costs, production costs, labor costs, energy costs, and other factors all have an impact on automobile coolant prices. The main raw ingredients used in the manufacture of coolants are ethylene and propylene. The market prices of natural gas and crude oil determine the prices of these inputs. The price of coolants has been impacted by the volatility of crude oil due to an uncertain supply-demand balance. Thus led to the price volatility of the raw material which hinders the market growth of the united kingdom automotive coolant market.
Market Segmentation
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United Kingdom Automotive Coolant Market is categorized on the basis of vehicle type, product, technology, end user, and country. On the basis of vehicle type, the market is categorized into passenger car, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). On the basis of product, the market is segmented into ethylene glycol, propylene glycol, and glycerin. On the basis of technology, the market is divided into Inorganic Additive Technology (IAT), Organic Additive Technology (OAT), and Hybrid Organic Acid Technology (HOAT). On the basis of end user, the market is divided into OEM and Aftermarket. On the basis of country, the market is divided into England, Scotland, Wales, and Northern Ireland.
Recent development
· Valvoline Inc. launched new coolant technology particularly designed for modern engines in August 2021, named Valvoline Antifreeze Coolant HT-12TM Green and Valvoline Antifreeze Coolant HT-12 Pink.
· Castrol launched the new Castrol ON e-thermal fluid in July 2021, a next-generation new 'direct' battery e-thermal fluid that would enable next-generation EVs to charge faster while delivering improved performance, protection, and sustainability.
· Eurol Lubricants introduced the new Coolant -36°C GLX-AV in July 2021, a coolant for existing vehicles of Japanese and Korean manufacturers like Honda, Hyundai, Kia, Mazda, and Mitsubishi. This P-OAT technology-based coolant is significantly different from other coolants and is a must-have in the workplace. The OAT Technology with phosphate compounds is found in the Eurol Coolant -36°C GLX-AV (Asian Vehicles). Phosphate Organic Additive Technology (P-OAT Technology) is also another name for it. Due to its composition, this coolant offers superior heat transfer while guarding against corrosion and deposit formation.
· AMSOIL introduced in February 2021 a new Powersports Antifreeze & Coolant, designed to cool hot-running, high-revving Powersports engines. The five-year service life coolant comes with an ethylene-glycol composition that matches OEM specs. It comes with excellent boil-over protection to 226 F (108°C) and freeze protection to -34°F (-37°C).Gulf Oil launched a new range of e-fluids for electric and hybrid passenger cars in October 2021. Redline Detection, a leading developer of diagnostic leak detection technology in the global industry, certified the production of a new diagnostic leak detection technology that is utilized primarily in battery electric vehicles.
· Recochem, a reputable manufacturer and distributor of automotive aftermarket fluids, announced in December 2020 the acquisition of KOST USA Inc. This company is the third largest manufacturer of automotive coolants. KOST is renowned in the automobile aftermarket for its light-duty coolants and other functional fluids.
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Some of the major players operating in the United Kingdom Automotive Coolant Market include
· Exxon Mobil Corporation
· Total S.A.
· Valvoline Inc.
· Castrol Corporation.
· Petroliam Nasional Berhad(Petronas)
· Amsoil, inc.
Years considered for this report
Historical Year2014-17
Base Year2018
Estimated Year2019
Forecast Period2020-24
Objective of the Study
- To assess the demand-supply scenario of Automotive Coolant, which covers production, import, export, demand, supply, and net inventory status of Automotive Coolant Market in United Kingdom.
- To analyze and forecast the market size of Automotive Coolant, in terms of value as well as volume.
- To classify and forecast United Kingdom Automotive Coolant market based on vehicle type, product type, technology, demand category and regional distribution.
- To identify drivers and challenges for United Kingdom Automotive Coolant market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United Kingdom Automotive Coolant market.
- To conduct the pricing analysis for Automotive Coolant market.
- To identify and analyze the profile of leading players involved in the manufacturing of United Kingdom Automotive Coolant market.
Some of the major players operating in United Kingdom Automotive Coolant market are TOTAL S.A. (United Kingdom), BASF, DOW Chemical Company, Chevron, Cummins Inc, Petronas
To perform the study, Market Insights Research conducted primary as well as exhaustive secondary research. Initially, Market Insights Research prepared an exhaustive list of
Market Insights Research calculated the market size for United Kingdom
- 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 (OEM’s)
- Industry associations
- Market research and consulting firm.
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