Coolants are used for transferring heat from any device to prevent overheating. The coolant flow is passed around or through devices for heat dissipation, which is produced by the device into the exterior environment. Industrial coolants absorb heat from machines or engines and dissipate it by means of a radiator. Industrial coolants are commonly known as antifreeze liquids. This coolant is made by a mixture of propylene or ethylene glycol with water in different proportions. Industrial coolants possess many properties, such as low viscosity, high thermal capacity, non-toxicity, low-cost, and chemical inertness. Water is the most common coolant. The main advantage of water as a coolant is its high heat absorbing capacity and low cost. It is commonly used with additives such as corrosion inhibitors and antifreeze.

The global industrial coolants market has been classified on the basis of type, product, grade, and application. Based on type, the industrial coolants market has been segmented into green anti-freeze coolants, HOAT anti-freeze coolants, and OAT anti-freeze coolants. Green anti-freeze coolants are mostly used in industries due to its protection to bare iron surfaces and aluminum parts of the machinery. Green anti-freeze coolants contain phosphate and silicate additives. HOAT anti-freeze coolants are hybrid OAT.  HOAT anti-freeze coolants contain organic acids. This type of coolant is used for all types of vehicles. OAT stands for Organic Acid Technology. This coolant contains 2-EHA, sebacate, and other various organic acids and has wide applications across verticals.

The global industrial coolants market is expected to witness high demand due to applications of industrial coolants in various industries such as power generation, oil & gas, automotive, chemicals, electronics, and aerospace & defense. The market for industrial coolants in the Asia Pacific is estimated to expand at a high pace due to rapid industrialization and expansion of the economy in the region. 

Key Factors Impacting Market Growth:

  • Growth of the automotive aftermarket
  • Rise in industrialization
  • Increase in cost of raw materials
  • Growth in production of electric vehicles 

What Does This Report Provide?

This report provides a detailed understanding of the global industrial coolants market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Green Anti-freeze Coolants
  • HOAT Anti-freeze Coolants
  • OAT Anti-freeze Coolants

By Product:

  • Ethylene Glycol
  • Propylene Glycol

By Grade:

  • E100
  • E100N
  • E300
  • P150
  • HD
  • P150N
  • P200
  • Others

By Application:

  • Power Generation
  • Oil & Gas
  • Automotive
  • Chemicals
  • Electronics
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Product
    • By Grade
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By Product
    • By Grade
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Product
    • By Grade
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By Product
    • By Grade
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By Product
    • By Grade
    • By Application
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By Product
    • By Grade
    • By Application 

Companies Covered: Huntsman Corporation, Exxon Mobil Corporation, Cummins Filtration, Chem Arrow Corporation, The Dow Chemical Company, Commonwealth Oil Corporation Company, and Total Oil… 

Reasons to Buy This Report:

  • Market size estimation of the global industrial coolants market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com

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Detailed scope covering all the major segments in the market

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