Global top 24 companies accounted for 45% of total Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves market(qyresearch, 2021)
The engine-cooling system serves not just to keep the engine cool, but to also keep its temperature warm enough to ensure efficient, clean operation. System components include a radiator to dissipate heat, a fan or fans to ensure adequate airflow for radiator cooling, a thermostat valve that opens when the desired operating temperature is reached and a water pump (or coolant pump) to circulate coolant through the engine, hoses and other components.
According to the new market research report “Global Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves Market Report 2023-2029”, published by QYResearch, the global Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves market size is projected to reach USD 33.72 billion by 2029, at a CAGR of 7.9% during the forecast period.
Figure. Global Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves Market Size (US$ Mn), 2018-2029
Figure. Global Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves Top 24 Players Ranking and Market Share（Based on data of 2021, Continually updated）
The global key manufacturers of Engine Cooling System, Refrigeration System, Coolants & Coolant Flow Control Valves include Kaideli, FRIGEL, Baltimore Aircoil, Star Refrigeration, Square Technology, Zhejiang Gaoxiang, LU-VE, Evapco, Johnson Controls, Hussmann Corporation, etc. In 2021, the global top five players had a share approximately 45.0% in terms of revenue.
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