Electric Vehicle Battery Coolant Market Size, Share, and Trends 2025 to 2034

The global electric vehicle battery coolant market is estimated at USD 2.20 billion in 2025 and is projected to reach USD 3.08 billion by 2034, growing at a CAGR of 3.81%. Growth is fueled by rising EV adoption, stricter GHG emission regulations, and advancements in battery cooling technologies.

Last Updated : August 2025  |  Report Code : 5160  |  Category : Automotive  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Vehicle Battery Coolant Market 

5.1. COVID-19 Landscape: Electric Vehicle Battery Coolant Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Vehicle Battery Coolant Market, By Vehicle Type

8.1. Electric Vehicle Battery Coolant Market Revenue and Volume, By Vehicle Type

8.1.1 Battery Electric Vehicles

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Hybrid Electric Vehicles

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9. Global Electric Vehicle Battery Coolant Market, By Battery Type

9.1. Electric Vehicle Battery Coolant Market Revenue and Volume, By Battery Type

9.1.1. Lead Acid Battery

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Lithium Ion Battery

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Electric Vehicle Battery Coolant Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Vehicle Type

10.1.2. Market Revenue and Volume Forecast, By Battery Type

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.1.3.2. Market Revenue and Volume Forecast, By Battery Type

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.1.4.2. Market Revenue and Volume Forecast, By Battery Type

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Vehicle Type

10.2.2. Market Revenue and Volume Forecast, By Battery Type

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.2.3.2. Market Revenue and Volume Forecast, By Battery Type

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.2.4.2. Market Revenue and Volume Forecast, By Battery Type

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Vehicle Type

10.2.5.2. Market Revenue and Volume Forecast, By Battery Type

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Vehicle Type

10.2.6.2. Market Revenue and Volume Forecast, By Battery Type

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.3.2. Market Revenue and Volume Forecast, By Battery Type

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.3.3.2. Market Revenue and Volume Forecast, By Battery Type

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.3.4.2. Market Revenue and Volume Forecast, By Battery Type

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Vehicle Type

10.3.5.2. Market Revenue and Volume Forecast, By Battery Type

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Vehicle Type

10.3.6.2. Market Revenue and Volume Forecast, By Battery Type

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.4.2. Market Revenue and Volume Forecast, By Battery Type

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.4.3.2. Market Revenue and Volume Forecast, By Battery Type

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.4.4.2. Market Revenue and Volume Forecast, By Battery Type

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Vehicle Type

10.4.5.2. Market Revenue and Volume Forecast, By Battery Type

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Vehicle Type

10.4.6.2. Market Revenue and Volume Forecast, By Battery Type

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Vehicle Type

10.5.2. Market Revenue and Volume Forecast, By Battery Type

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Vehicle Type

10.5.3.2. Market Revenue and Volume Forecast, By Battery Type

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Vehicle Type

10.5.4.2. Market Revenue and Volume Forecast, By Battery Type

Chapter 11. Company Profiles

11.1. BASF SE

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Valvoline Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Exxon Mobil Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Shell Group

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. GS Caltexa

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global electric vehicle battery coolant market size is expected to grow from USD 2.12 billion in 2024 to USD 3.08 billion by 2034.

The electric vehicle battery coolant market is anticipated to grow at a CAGR of 3.81% between 2025 and 2034.

The major players operating in the electric vehicle battery coolant market are BASF SE, Valvoline Inc., Exxon Mobil Corporation, Shell Group, GS Caltexa, and Others.

The driving factors of the electric vehicle battery coolant market are the increased sales of electric vehicles and also growing integration of renewable energy sources with electric vehicle charging infrastructure.

Asia Pacific region will lead the global electric vehicle battery coolant market during the forecast period 2025 to 2034.

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