Coolants - Automotive Lubricants Market Statistics
The global coolants automotive lubricants market size was valued at US$ 3,789.8 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 3.1% from 2022 to 2030.
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Coolants - Automotive lubricants market highlights
- The global coolants segment generated a revenue of USD 3,789.8 million in 2022 and is expected to reach USD 4,831.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.1% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 3,789.8 million |
| Market revenue in 2030 | USD 4,831.1 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
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Automotive Lubricants Market Scope
Automotive lubricants market segmentation & scope
Gas turbine oils
Piston engine oils
Hydraulic fluids
Others
Process Oils
General Industrial Oils
Metalworking Fluids
Industrial Engine Oils
Hydraulic oil
Turbine oil
Automotive Lubricants Market Outlook
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