The global Water Based Coolant market size is predicted to grow from US$ 6496 million in 2025 to US$ 9666 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.

Water based coolant is a colored liquid that is mixed with water to help regulate your engine during extreme temperatures. The most common water-based antifreeze solutions used in electronics cooling are mixtures of water and either ethylene glycol (EGW) or propylene glycol (PGW). The use of ethylene glycol has a longer history, especially in the automotive industry.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

ReportPrime, Inc. (LPI) ' newest research report, the “Water Based Coolant Industry Forecast” looks at past sales and reviews total world Water Based Coolant sales in 2024, providing a comprehensive analysis by region and market sector of projected Water Based Coolant sales for 2025 through 2031.

This Insight Report provides a comprehensive analysis of the global Water Based Coolant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Based Coolant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Water Based Coolant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Based Coolant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity.

Segmentation by Type:

• Ethylene Glycol Coolant
• Propylene Glycol Coolant
• Others

Segmentation by Application:

• Sedan
• SUVs
• Pickup Trucks
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Company's coverage:

• Castrol
• Exxon Mobil
• Halfords Group
• Prestone Products
• Rock Oil Company
• Valvoline
• China Petroleum & Chemical Corp
• TOTAL
• KOST
• Motul
• BP PLC
• Royal Dutch Shell PLC
• Chevron Corporation

Key Questions Addressed in this Report

1. What is the 10-year outlook for the global Water Based Coolant market?
2. What factors are driving Water Based Coolant market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Water Based Coolant market opportunities vary by end market size?
5. How does Water Based Coolant break out by Type, by Application?