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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A popular organic substance used as antifreeze in automobile engines and other cooling systems is ethylene glycol (EG). It has several characteristics that make it perfect for this purpose, such as:Low freezing point: EG prevents the coolant from freezing in cold conditions thanks to its freezing point of -12 °C (or 10 °F).
High boiling point: EG can resist high temperatures without evaporating thanks to its boiling point of 198°C (388°F).Resistance to corrosion: EG is an effective corrosion inhibitor that helps shield the cooling system and engine from rust and other types of corrosion.Low toxicity: EG is harmful if swallowed, but it is less toxic than other kinds of antifreeze.
Overall, EG is a well-liked option for engine coolant because of how well it prevents freezing, how well it can resist high temperatures, and how well it can prevent corrosion. However, it is crucial to treat and dispose of EG appropriately because, if not, it could affect the environment and wildlife.
Global EV Ethylene glycol coolant market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
New fuel cell coolants and a transmission fluid designed specifically for electric vehicles have both been introduced by Liqui Moly. Based on ethylene glycol and non-ionic additives, Liqui Moly's Fuel Cell Coolant FCF 20 offers excellent heat dissipation, remarkable material compatibility, and aging stability.
It has a very low electrical conductivity. It is appropriate for the Toyota Mirai, a fuel cell vehicle regarded as a pioneer. The only battery-powered vehicles that Top Tec Gear EV 510 gear oil is intended for are those that are significantly more prevalent on our roadways. The idea that electric cars do not require oil is untrue. They actually require very high-quality oil.
The glycol-based full-antifreeze coolant for cars and commercial vehicles, called Valvoline Advanced Coolant, was introduced by Valvoline Cummins. According to the manufacturer, the device incorporates OAT technology, which offers a 5-year service life/drain interval or up to 5,00,000 kilometers.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |