Bio-Based Coolants Market
Bio-Based Coolants Market Analysis By Type (Glycerine, Ethylene Glycol, Propylene Glycol), By End-use Industry (Metalworking, HVAC, Automotive, Plastic Extrusion, Energy Production & Storage, Aerospace), By Region - Global Market Insights 2022 to 2032
Analysis of Bio-Based Coolants market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bio-based Coolants Market Outlook (2022 to 2032)
The global bio-based coolants market is currently valued at US$ 1.16 billion and is predicted to increase in size at a CAGR of 3.2% to reach a market valuation of US$ 1.6 billion by the end of 2032.
Revenue from the sales of bio-based coolants accounted for 21.5% share of the global coolants market at the end of 2021.
| Report Attributes | Details |
|---|---|
| Bio-based Coolants Market Size (2021A) | US$ 1.13 Billion |
| Estimated Market Value (2022E) | US$ 1.16 Billion |
| Forecasted Market Value (2032F) | US$ 1.6 Billion |
| Global Market Growth Rate (2022 to 2032) | 3.2% CAGR |
| North America Market Share (2021) | ~27.8% |
| East Asia Market Growth Rate (2022 to 2032) | ~3.8% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~2.9% CAGR |
| Market Share of Top 5 Companies | ~22.3% |
| Key Companies Profiled | Dynalene Inc.; Orison Marketing; Houghton; Salathe Oil Company; Star Brite, Inc.; Hangsterfer's Laboratories, Inc.; Kilfrost Limited; Petron Scientech, Inc.; Mitsui & Co. Ltd.; Neste; Bardahl; Master Fluid Solutions; Tower Metalworking Fluid; BDI Cooling Solutions; Saint-Gobain 2020; Total Coolants Management Solutions; Dynaflux Inc.; AMSOIL, Inc. |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Sales Analysis of Bio-based Coolants (2017 to 2021) Vs. Market Forecasts (2022 to 2032)
Bio-based coolants are formed with biodegradable and renewable base stocks. Being biodegradable is the most obvious advantage of bio-based lubricants. They are produced from renewable and sustainable substitutes of raw materials as compared to conventional chemical-based coolants. Bio-based coolants are thus environment-friendly and have reduced carbon content.
The market is slated to grow over the coming years at the behest of market players adopting approaches such as investing huge amounts and collaborating to develop new bio-based coolant products and optimize their methods of production.
- Short Term (2022 to 2025): Advantages of bio-based coolants likely to drive their usage in end-use industries over the short term.
- Medium Term (2025 to 2028): Unique properties of bio-based coolants, such as being less toxic and nature-friendly, likely to support medium-term growth of the market.
- Long Term (2028 to 2032): Investments undertaken by key players in R&D to augment their production capacities and maintain their market position will be seen in the long term.
Over the 2017 to 2021 historical period, the global bio-based coolants market registered a CAGR of 2%, and according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.2% CAGR between 2022 and 2032.
Market share analysis of bio-based coolants based on type and region is provided in a nutshell in the above image. Under the type segment, the propylene glycol sub-segment dominates with 51.2% market share in 2022.
Why is Demand for Bio-based Coolants Rising Steadily?
“Advanced Properties of Bio-based Coolants Supporting Demand Growth”
Bio-based coolants provide naturally better lubrication and have superior viscosity and pressure performance. They also provide better thin-film strength, low volatility, and a high flash point.
These lubricants have superior lubricity, which invariably reduces friction. This reduced friction leads to a reduction in cutting forces and less production of heat in metal cutting processes and allows the tools to be fed faster. Less friction also reduces the wear on grinding wheels and cutting tools, providing them with an extended shelf life.
In addition to the above factors, bio-lubricants have much higher flash points than petroleum, which allows higher feed rates, reduction of smoke while cutting metal, and a less smoky environment. These oils also have a polar attraction to metal as compared to petroleum-based fluids that have no polarity of affinity to metal.
The polarity of bio-based lubricants offers more effective thin film protection and metal affinity to cutting tool interfaces.
Thus, all these advanced properties of bio-based coolants are set to drive their demand over the forecast years of 2022 to 2032.
“Gearing Applications of Bio-based Coolants Adding to their Popularity”
The characteristics of bio-based coolants benefit the processes of shaving, shaping, hobbing, grinding, broaching, etc., which aids in improving typical performance and enhancing tool life.
Speed can be increased with the help of a reduction in cutting forces and friction heat. Bio-based lubricants provide significant improvements in gear grinding, with less chance of burning any part.
Reduction in friction improves surface finish, quality, and wheel life. It also prevents premature catering, enhancing its usage in several applications.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Insights
Why Does the U.S. Dominate the North American Bio-based Coolants Market?
The United States bio-based coolants market holds approximately 83.2% share in the North American region and is valued at US$ 268.2 million in 2022. The market is poised to expand at 3.2% CAGR owing to the growth of the manufacturing and automotive industries in the country.
Developing transport infrastructure, rising mobility, and growing demand for goods carriers from micro, small, and medium enterprises are fueling demand in the country.
Will Germany Be a Lucrative Market for Bio-based Coolant Suppliers?
The Germany bio-based coolants market dominates the European region with 23.4% market share.
Prominent and well-established market players in Germany and the European region are launching innovative bio-based coolant products. They are launching innovative and environment-friendly liquid coolants such as biodegradable coolants, natural antifreeze, etc., providing performance advantages, low viscosity, and high corrosion protection.
Furthermore, companies are constantly testing new-coolant technologies that are less costly as compared to conventional propylene glycol and can improve the working environment for operators.
Sales of bio-based coolants in Germany are expected to increase at 3.3% CAGR across the forecast period of 2022 to 2032.
Category-wise Insights
Why are Market Players Profiting from Bio-based Propylene Glycol?
The bio-based coolants market, under type, is segmented into glycerin, propylene glycol, bio-based ethylene glycol, and others.
Amongst them, the bio-based propylene glycol segment dominates with 51.2% share in the overall market. Growth if this segment is attributed to propylene glycol acting as a base fluid for coolants. The cost-effectiveness of this fluid and its ability to be used in all climatic conditions makes it preferable over others fluids.
Also, propylene glycol is used in several industrial and automotive engine cooling solutions, along with food and pharmaceutical applications as antifreeze products.
Thus, owing to these factors, the bio-based propylene glycol market is set to register 3.7% CAGR over the decade.
Which End-use Industry Accounts for Highest Bio-based Coolant Demand?
Under end-use industry, the bio coolants market is segmented into metalworking industry, HVAC industry, automotive, plastic extrusion process, energy production and storage, aerospace industry, and others.
Amongst these, the metalworking industry holds a major market share of 23.4% and is expected to expand at 4.1% CAGR.
Growth of this segment is attributed to factors such high usage of bio-based coolants in the metalworking industry in light to heavy-duty operations for metal cutting operations, along with their use in reducing and removing the heat cutting zone.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Prominent bio-based coolant manufacturers are Dynalene Inc., Orison Marketing, Houghton, Salathe Oil Company, Star Brite, Inc., Hangsterfer's Laboratories, Inc., Kilfrost Limited, Petron Scientech, Inc., Mitsui & Co. Ltd., Neste, Bardahl, Master Fluid Solutions, Tower Metalworking Fluid, BDI Cooling Solutions, Saint-Gobain, Total Coolants Management Solutions, Dynaflux Inc., and AMSOIL, Inc.
Key suppliers of bio-based coolants are investing their resources in sustainable environmental practices to contribute towards less waste, high efficiency, and low cost. They are focusing on providing end-to-end solutions in tandem with exceeding customer expectations.
- Dynalene Inc. recently received an investment of US$ 25,000 to conduct product testing and validation for large customer specifications to manufacture de-ionizing filter cartridges for use in the coolant loops of charging stations of electric vehicles, fuel cells, computers, and heat-producing electronics
- In 2021, Saint-Gobain announced the acquisition of Chryso. This acquisition is likely to strengthen the presence of the company in the construction chemicals market over the coming years.
Fact.MR has provided detailed information about the price points of key manufacturers of bio-based coolants positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Bio-based Coolants Industry Research
-
Bio-based Coolants Market by Type :
- Glycerin
- Ethylene Glycol
- Propylene Glycol
- Others
-
Bio-based Coolants Market by End-Use Industry :
- Metalworking Industry
- HVAC Industry
- Automotive
- Plastic Extrusion Process
- Energy Production and Storage
- Aerospace Industry
- Others
-
Bio-based Coolants Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Kilo Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Glycerin
- 7.2. Ethylene Glycol
- 7.3. Propylene Glycol
- 7.4. Others
- 8. Global Market Analysis and Forecast, By End-Use Industry
- 8.1. Metalworking Industry
- 8.2. HVAC Industry
- 8.3. Automotive
- 8.4. Plastic Extrusion Process
- 8.5. Energy Production and Storage
- 8.6. Aerospace Industry
- 8.7. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Dynalene Inc.
- 18.2. Orison Marketing
- 18.3. Houghton
- 18.4. Salathe Oil Company
- 18.5. Star Brite, Inc.
- 18.6. Hangsterfer's Laboratories, Inc.
- 18.7. Kilfrost Limited
- 18.8. Petron Scientech, Inc.
- 18.9. Mitsui & Co. Ltd.
- 18.10. Neste
- 18.11. Bardahl
- 18.12. Master Fluid Solutions
- 18.13. Tower Metalworking Fluid
- 18.14. BDI Cooling Solutions
- 18.15. Saint-Gobain 2020
- 18.16. Total Coolants Management Solutions
- 18.17. Dynaflux Inc.
- 18.18. AMSOIL, Inc.
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01. Global Market Value (US$ million) and Forecast by Region, 2017 to 2021
Table 02. Global Market Value (US$ million) and Forecast by Region, 2022 to 2032
Table 03. Global Market Volume (Kilo Tons) and Forecast by Region, 2017 to 2021
Table 04. Global Market Volume (Kilo Tons) and Forecast by Region, 2022 to 2032
Table 05. Global Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 06. Global Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 07. Global Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 08. Global Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 09. Global Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 10. Global Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 11. Global Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 12. Global Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
Table 13. North America Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 14. North America Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 15. North America Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 16. North America Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 17. North America Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 18. North America Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 19. North America Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 20. North America Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 21. North America Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 22. North America Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 23. North America Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 24. North America Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
Table 25. Latin America Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 27. Latin America Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 28. Latin America Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 29. Latin America Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 30. Latin America Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 31. Latin America Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 32. Latin America Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 33. Latin America Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 34. Latin America Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 35. Latin America Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 36. Latin America Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
Table 37. Europe Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 38. Europe Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 39. Europe Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 40. Europe Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 41. Europe Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 42. Europe Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 43. Europe Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 44. Europe Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 45. East Asia Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 46. East Asia Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 47. East Asia Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 48. East Asia Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 49. East Asia Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 50. East Asia Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 51. East Asia Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 52. East Asia Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 53. East Asia Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 54. East Asia Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 55. East Asia Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 56. East Asia Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
Table 57. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 58. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 59. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 60. South Asia & Oceania Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 61. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 62. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 63. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 64. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 65. South Asia & Oceania Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 66. South Asia & Oceania Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 67. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 68. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
Table 69. MEA Market Value (US$ million) and Forecast by Country, 2017 to 2021
Table 70. MEA Market Value (US$ million) and Forecast by Country, 2022 to 2032
Table 71. MEA Market Volume (Kilo Tons) and Forecast by Country, 2017 to 2021
Table 72. MEA Market Volume (Kilo Tons) and Forecast by Country, 2022 to 2032
Table 73. MEA Market Value (US$ million) and Forecast By Type, 2017 to 2021
Table 74. MEA Market Value (US$ million) and Forecast By Type, 2022 to 2032
Table 75. MEA Market Volume (Kilo Tons) and Forecast By Type, 2017 to 2021
Table 76. MEA Market Volume (Kilo Tons) and Forecast By Type, 2022 to 2032
Table 77. MEA Market Value (US$ million) and Forecast By End-Use Industry, 2017 to 2021
Table 78. MEA Market Value (US$ million) and Forecast By End-Use Industry, 2022 to 2032
Table 79. MEA Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2017 to 2021
Table 80. MEA Market Volume (Kilo Tons) and Forecast By End-Use Industry, 2022 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 03. Global Market Value (US$ million) and Volume (Kilo Tons) by Region, 2022 & 2032
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 06. Global Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 07. Global Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 08. Global Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 09. North America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 11. North America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 12. North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 13. North America Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 14. North America Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 15. North America Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 16. North America Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 17. North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 18. North America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 19. North America Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Figure 20. Latin America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 22. Latin America Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 23. Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 24. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 25. Latin America Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 26. Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 27. Latin America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 28. Latin America Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Figure 29. Europe Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 30. Europe Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 31. Europe Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 32. Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 33. Europe Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 34. Europe Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 35. Europe Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 36. Europe Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 37. Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 38. Europe Market Attractiveness Analysis By Type, 2022 to 2032
Figure 39. Europe Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Figure 40. East Asia Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 41. East Asia Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 42. East Asia Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 43. East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 44. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 45. East Asia Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 46. East Asia Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 47. East Asia Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 48. East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 49. East Asia Market Attractiveness Analysis By Type, 2022 to 2032
Figure 50. East Asia Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Figure 51. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 52. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 53. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 54. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 55. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 57. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 59. South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 60. South Asia & Oceania Market Attractiveness Analysis By Type, 2022 to 2032
Figure 61. South Asia & Oceania Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Figure 62. MEA Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2022 to 2032
Figure 63. MEA Market Absolute $ Opportunity (US$ million), 2022 to 2032
Figure 64. MEA Market Value (US$ million) and Volume (Kilo Tons) by Country, 2022 & 2032
Figure 65. MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 66. MEA Market Value (US$ million) and Volume (Kilo Tons) By Type, 2022 & 2032
Figure 67. MEA Market Y-o-Y Growth Rate By Type, 2022 to 2032
Figure 68. MEA Market Value (US$ million) and Volume (Kilo Tons) By End-Use Industry, 2022 & 2032
Figure 69. MEA Market Y-o-Y Growth Rate By End-Use Industry, 2022 to 2032
Figure 70. MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 71. MEA Market Attractiveness Analysis By Type, 2022 to 2032
Figure 72. MEA Market Attractiveness Analysis By End-Use Industry, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global bio-based coolants market valued at?
The global bio-based coolants market is valued at US$ 1,159.9 million in 2022.
How is the market for bio-based coolants valves expected to fare in future?
Worldwide demand for bio-based coolants is anticipated to reach US$ 1.6 billion by 2032-end.
How did the market perform over the past few years?
During 2017 to 2021, sales of synthetic bio-based coolants increased at 2% CAGR.
Which regional bio-based coolants market accounts for a leading market share?
North America tops the global bio-based coolants market accounting for 27.8% market share.
Which bio-based coolant type holds the highest market share?
Propylene glycol bio-based coolants account for 51.2% share of global sales.
Bio-Based Coolants Market