Copper rose to 4.89 USD/Lbs on June 9, 2025, up 1.65% from the previous day. Over the past month, Copper's price has risen 6.69%, and is up 7.68% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on June of 2025.

LME Index fell to 4,113.40 Index Points on June 6, 2025, down 0.67% from the previous day. Over the past month, LME Index's price has risen 2.67%, but it is still 1.89% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on June of 2025.

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Automotive Heat Exchanger Market Size 2024-2028

The automotive heat exchanger market size is forecast to increase by USD 9.13 billion at a CAGR of 6.63% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the heavy dependence on internal combustion engines for mobility in emerging economies. This trend is expected to continue as these markets expand and urbanize, leading to increased demand for automotive heat exchangers. Another key driver is the rising preference for lightweight and compact heat exchangers, as automakers seek to improve fuel efficiency and reduce emissions. However, this market also faces challenges, including the gradual increase in annual wages leading to declining profit margins. This puts pressure on manufacturers to find ways to reduce costs while maintaining product quality and performance. To capitalize on market opportunities and navigate challenges effectively, companies must focus on innovation and efficiency in their manufacturing processes, as well as explore alternative materials and technologies to meet the evolving demands of the automotive industry.

What will be the Size of the Automotive Heat Exchanger Market during the forecast period?

Request Free SampleThe market continues to evolve, driven by advancements in thermal efficiency and heat transfer technologies. Internal combustion engines require efficient cooling systems to maintain optimal performance and reduce emissions. Thermal efficiency is a critical factor, with heat transfer coefficients and pressure drops playing essential roles in optimizing cooling systems. Stainless steel, known for its corrosion resistance, is increasingly used in heat exchanger manufacturing. Thermal testing is employed to ensure quality control and improve cooling efficiency. Charge air coolers, plate and fin designs, and finned tube heat exchangers are among the solutions addressing the diverse cooling needs of various sectors, including passenger vehicles, commercial vehicles, heavy-duty trucks, and off-road applications. Battery cooling is another area of focus, as electric vehicles and hybrid powertrains require effective thermal management. The manufacturing process incorporates design optimization, compact designs, and brazed aluminum for improved cooling efficiency and fuel economy. Lightweight materials and CFD simulation are also essential for reducing weight and improving cooling performance in various vehicle applications. Thermal management solutions continue to unfold, addressing the complex cooling requirements of modern automotive systems. Transmission coolers, flow rate optimization, and tube and shell heat exchangers are among the innovative solutions shaping the market. Emission control and powertrain cooling remain key applications, as the industry strives for improved performance and reduced environmental impact.

How is this Automotive Heat Exchanger Industry segmented?

The automotive heat exchanger industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationPassenger carsLCVsM and HCVsTypePlate barTube finRadiatorsIntercoolersOil CoolersCondensersEvaporatorsMaterialAluminumCopperStainless SteelSales ChannelOEMAftermarketGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Application Insights

The passenger cars segment is estimated to witness significant growth during the forecast period.In the automotive industry, OEMs are prioritizing engine efficiency and output to decrease carbon emissions, leading to a heightened demand for advanced heat exchangers. Passenger vehicles are now incorporating brazed copper heat exchangers, which offer a longer lifespan and can endure for a decade, thereby reducing replacement costs. These heat exchangers are approximately 35% lighter than conventional ones due to their finned tubes and tubes being manufactured with minimal materials. Traditionally heavy lead-based solder is replaced with a small amount of light brazing alloy, resulting in weight savings. The manufacturing process of these heat exchangers involves using lightweight materials such as stainless steel for improved thermal efficiency and corrosion resistance. Additionally, electric vehicles necessitate thermal management for battery cooling, which is addressed through plate and fin heat exchangers or finned tubes. For heavy-duty trucks and commercial vehicles, powertrain cooling and transmission cooling are crucial, requiring compact designs and high flow rates for optimal performance. Design optimization and quality control are essential for maintaining thermal efficiency and cooling efficiency. In the realm of emission

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