The Australia Automotive Coolant market stood at approximately 24 million liters is likely to grow at a steady CAGR of 4.26% during the forecast period until 2030. The rising demand of passenger cars and other reasons like an increase in construction and mining activities in the country is anticipated to provide velocity to the market.
Engine coolant is often known as automotive coolant. As automotive coolant comes into contact with the head gasket, water pump, cylinder and piston timing, it lubricates and protects the moving parts of the car from damage. The majority of high-performance car manufacturers are located in Australia, and the automotive industry in this region is growing, which will most likely generate a lucrative market for coolant in the next years. The Australia Automotive Coolant market is anticipated to reach nearly 32 million liters in 2030.
Based on type, the Australia Automotive Coolant market is divided into Ethylene glycol, Propylene glycol, and Glycerol. Ethylene glycol is anticipated to hold the major share during the forecast period, owing to the low price, ease of availability and high demand in the market. The majority of lubricant manufacturer prefer to use ethylene glycol for manufacturing of automotive lubricants. Additionally, the transportation industry employs propylene glycol as an engine coolant in hydraulic fluids and fire-resistant brakes. Propylene glycol is also frequently employed as a primary component in the de-icing of aircraft and as a heat-transfer fluid in high-temperature applications.
Regionally, Australia automotive coolant market is segmented into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia. New South Wales is likely to hold major share in the market owing to major provinces and attracting a huge sum of people to migrate to this region.
Based on the end-user industry, the Australia Automotive Coolant market is segmented into passenger car, commercial vehicle, two-wheeler and OTR. The passenger car is expected to hold the largest share during the forecast period, due to growing registration of passenger car and increasing in ownership of vehicles in the nation.
Major players for Automotive Coolant Australia include Royal Dutch Shell Plc, Castrol Australia Pty Ltd, Chevron Australia Downstream Pty. Ltd., Penrite Oil Co Pty Ltd., Valvoline Australia Pty Ltd, Caltex Australia Ltd., Total Oil Australia Pty Ltd, Nulon Products Australia Pty Ltd, Exxon Mobil Corporation Ltd, and Fuchs Lubricants (Australasia) Pty Ltd, among others.
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Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2030
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Objective of the Study:
• To assess the demand-supply scenario of Automotive Coolant which covers production, demand and supply of Automotive Coolant market in the Australia.
• To analyse and forecast the market size of Automotive Coolant
• To classify and forecast Australia Automotive Coolant market based on end-use and regional distribution.
To extract data for Australia Automotive Coolant market, primary research surveys were conducted with Automotive Coolant manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Australia Automotive Coolant market over the coming years.
ChemAnalyst calculated Automotive Coolant demand in the Australia by analyzing the historical data and demand forecast which was carried out considering the supply and demand of Automotive Coolant across Australia. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst
Key Target Audience:
• Automotive Coolant manufacturers and other stakeholders
• Organizations, forums and alliances related to Automotive Coolant distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Automotive Coolant manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Australia Automotive Coolant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
24 million liters
Market size Volume by 2030
32 million liters
Growth Rate
CAGR of 4.26% from 2023 to 2030
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2030
Quantitative units
Demand in million liters and CAGR from 2023 to 2030
Report coverage
Industry Market Size, Demand by Type, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap
Segments covered
By Type: (Ethylene glycol, Propylene glycol, and Glycerol)
By End-Use: (Passenger Car, Commercial Vehicle, Two-Wheeler and OTR)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
New South Wales, Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of australia automotive coolant market in terms of value and volume.
2. Demand by Type
Learn about the various types- Ethylene glycol, Propylene glycol, and Glycerol, and their demands. It will allow you to choose which type to concentrate on when designing your strategy.
3. Demand by End- Use
Discover which end-user industry (Passenger Car, Commercial Vehicle, Two-Wheeler and OTR) are creating a market and the forecast for the growth of the Automotive Coolant market.
4. Demand by Region
Analyzing the change in demand of Automotive Coolant in different regions, i.e., New South Wales, Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia, that can direct you in mapping the regional demand.
5. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Automotive Coolant. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
6. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Automotive Coolant.
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What is the expected CAGR of Australia market growth of Australia Automotive Coolant in terms of volume for 2030?
Ans:
The Australia market size of Automotive Coolant is expected to grow at an expected CAGR of 4.26% by 2030.
Q2.
Which industries are the major consumers of the Australia Automotive Coolant market?
Ans:
Passenger Car, Commercial Vehicle, Two-Wheeler and OTR are the major consumers of the Australia Automotive Coolant Market.
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