According to Cognitive Market Research, the global Automotive Coolant Hosemarket size is USD 109541.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 43816.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 32862.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 25194.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 5477.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 2190.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
The Passenger Cars segment is the dominant category. This dominance is primarily due to the sheer volume of passenger cars on the road compared to commercial vehicles.
