Electric Vehicle Battery Coolant Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Electric Vehicle Battery Coolant Market is segmented By Vehicle (Battery Electric Vehicles, Hybrid Electric Vehicles), By Battery (Lithium-Ion Battery....
Electric Vehicle Battery Coolant Market Size
Market Size in USD
CAGR3.8%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 3.8% |
| Market Concentration | Medium |
| Major Players | BASF SE, Valvoline Inc., Exxon Mobil Corporation, Shell Group, GS Caltexa |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Electric Vehicle Battery Coolant Market Analysis
The electric vehicle battery coolant market is estimated to be valued at USD 2.12 Bn in 2024 and is expected to reach USD 2.74 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031. The electric vehicle battery coolant market is expected to witness steady growth over the forecast period with the rising adoption of electric vehicles globally.