Global OAT Coolant Market Outlook 2022

OAT is an acronym for Organic Acid (Additive) Technology which describes the type of materials responsible for the corrosion protection offered by a coolant of this type. An organic additive technology (OAT) coolant contains only organic corrosion inhibitors such as carboxylates and triazole. OAT coolant are Long Life Coolants.
Antifreeze has different chemical compositions depending on the type of antifreeze used. Inorganic Acid Technology (IAT) antifreeze can be either ethylene glycol (EG) or propylene glycol (PG). Organic Acid Technology (OAT) antifreeze is primarily ethylene glycol (EG) based. Hybrid Organic Acid Technology (HOAT) antifreeze is a combination of Inorganic Acid Technology (IAT) and Organic Acid Technology (OAT).
Globally, Asia-Pacific is the largest consumer of OAT coolants and China is also the largest one in the region. In 2019, China held about 20% consumption share. USA is the follower.

Market Analysis and Insights: Global OAT Coolant Market
The global OAT Coolant market was valued at US$ 829.1 million in 2020 and it is expected to reach US$ 962.6 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.

Global OAT Coolant Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global OAT Coolant Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Freezing Point
-40°C
-45°C
-50°C
Others

Segment by Application
Passenger Car
Commercial Vehicle

By Company
Prestone
Arteco
BASF
Recochem
Totachi Industrial
PEAK Auto
Mobil
Shell
Monarch
LOPAL
SINOPEC
Phillips 66
Valvoline
EPPCO Lubricants
Cummins Filtration
IACC
PrixMax

Production by Region
North America
Europe
China
Japan
Southeast Asia
Middle East & Africa

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE