Automotive Engine Oil Coolant Market By Type (Air Cooled, and Liquid Cooled), By Application (OEM, and After-Market), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI329419 | Publish Date: April 2024 | No. of Pages: 168

Global Automotive Engine Oil Market Trends

There is a great demand for these coolants and extra supplements due to the increase in car sales in developing countries. The market is also driven by the trend toward heavier-duty and light-passenger car sales, rising costs for conventional fuels, and longer average lifespans for automobiles. Furthermore, the market for engine oil coolant is growing because of the strict regulations put in place by regulatory bodies regarding the use of bio-based lubricant in engines. This reduces negative environmental effects.