Automotive Radiator Market

Automotive Radiator Market by Material
Type, Radiator Type, Vehicle Type, Sales
Channel, Forecast to 2025
Vehicles run on complex engines, which help regulate the speed and safety of the
vehicle. These engines consist of automotive components, including radiators.
Automotive radiators are an essential part of the vehicle engine system, as it helps
maintain the temperature of the engine. Increasing demand for fast-moving vehicles is
increasing the demand for light-weight and highly effective radiators, to help cool the
engine.
Radiators are made up of different materials, depending on its application. Metal
radiators have been replaced by aluminum/plastic radiators by large. Metal radiators,
are heavy and costly, thus the demand for materials such as aluminum and plastic is
increasing, as they are relatively light in weight and more cost-effective.
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Increasing adoption of hybrid powertrains is expected to drive growth of the
automotive radiators market during the forecast period
Stringent government regulations regarding reducing carbon emissions from vehicles is
expected to drive growth of the automotive radiators market during the forecast period
(2017-2025). The regulations such as; Low Emission Vehicle (LEV) III, Tier 3 and Super
Ultra Low Emissions Vehicle (SULEV) regulations are being implied in order to ensure
least carbon emissions. Adoption of hybrid vehicles is increasing, as these vehicles
offer enhanced power and fuel-efficiency. Also, along with normal heat exchangers,
hybrid vehicles require additional low temperature heat exchangers for regulated battery
cooling. The growing demand for additional low-temperature heat exchangers is thus,
expected to increase the demand for automotive radiators.
Radiators helps protect the engines from overheating, which otherwise can damage the
overall engine. They are heat exchangers that are used for cooling internal combustion
engines. Major application areas of radiators include automobiles, piston-engines
aircraft, motorcycles, railway locomotive, and stationary generating plants among
others. The internal combustion engines in an automobile or piston-engine aircraft are
cooled by the liquid coolant circulation through the engine block. The heat generated by
the engine is thus dissipated by radiators. The coolant used is commonly water-based,
however, can be in the form of oil as well. Usually, water pump is employed to circulate
the engine coolant and dissipate engine heat.
Growing aircraft sector, is in turn, increasing the demand for radiators. Piston-engine
aircraft have liquid-cooled inline engines, which require radiators to dissipate heat
generated by the engine. Due to more fuel combustion than cars, the engine is cooled
more efficiently without the use of large cooling fans.
Growing demand for automobiles in emerging economies of Asia Pacific and Central &
South America, is expected to favor growth of the automotive radiator market over the
forecast period. North America and Europe are expected to witness moderate demand
for automotive radiators, owing to sluggish economic growth and market saturation.
Stringent regulatory norms pertaining to environmental considerations, particularly in the
developed economies, are expected to positively impact growth of the market.
Some of the key players operating in the global automotive radiator market include
Denso Corporation, Valeo SA, Calsonic Kansei Corporation, Mahle GmbH, Sanden
Holdings Corporation, TYC Brother Industrial Co. Ltd., Modine Manufacturing Company,
Sciton Inc., Keihin Corporation, PWR Advanced Cooling Technology, Griffin Thermal
Products, and Saldana Racing Products.
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Global automotive radiator market report categorizes the global market by material type (Aluminum, Copper/Brass, and Aluminum/Plastic), by radiator type, by vehicle type (Passenger Car, LCV, and HCV), by sales channel and by geography.