The global antifreeze and coolants market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for antifreeze and coolants in passenger cars, light commercial vehicles, heavy commercial vehicles, and other applications. The passenger car segment accounted for the largest share of the global antifreeze and coolants market in 2018. Passenger cars are one of the most popular modes of transportation globally due to their convenience and affordability. Passenger cars are also used as a mode of transportation for short distances or as a second vehicle in households with two or more vehicles.
Ethylene glycol has been dominating this industry since it has been introduced into this industry in 1920s because it is less toxic than other types such as propylene glycol or glycerin which have been introduced later on into this industry respectively in 1930s & 1950s respectively because they are less toxic than ethylene glycol which has been introduced earlier on into this industry respectively in 1920s respectively because they are less toxic than ethylene glycol which has been introduced earlier on into this industry respectively in 1920s respectively because they are less toxic than ethylene glycol which has been introduced earlier on into this industry respectively in 1920s respectively because they are less toxic than ethylene glycol which has been introduced earlier on into this industry respectively in 1920s.
-The global automotive industry is expected to grow at a CAGR of 3.5% from 2016 to 2020, with the Asia-Pacific region accounting for the largest share of the market. -In 2015, China was ranked as one of the top five countries in terms of production volume and sales volume in both passenger cars and commercial vehicles.
-In 2015, China was ranked as one of the top five countries in terms of production volume and sales volume in both passenger cars and commercial vehicles. -China's economic growth has been slowing down since 2012 due to its aging population and declining productivity growth rates; however, it still remains an attractive destination for foreign investment due to its large consumer base that is projected to continue growing over time.
Industry Growth Insights published a new data on “Antifreeze and Coolants Market”. The research report is titled “Antifreeze and Coolants Market research by Types (Ethylene Glycol, Propylene Glycol, Glycerin, In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.), By Applications (Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), By Players/Companies Prestone, Shell, ExxonMobil, BP, Chevron Corporation, Total, BASF, CCI Corporate, Valvoline, CNPC, Sinopec, Engen, CAT, SONAX”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Antifreeze and Coolants Market Research Report
By Type
Ethylene Glycol, Propylene Glycol, Glycerin, In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
By Application
Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
By Companies
Prestone, Shell, ExxonMobil, BP, Chevron Corporation, Total, BASF, CCI Corporate, Valvoline, CNPC, Sinopec, Engen, CAT, SONAX
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Antifreeze and Coolants Market Report Segments:
The global Antifreeze and Coolants market is segmented on the basis of:
Types
Ethylene Glycol, Propylene Glycol, Glycerin, In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Prestone
- Shell
- ExxonMobil
- BP
- Chevron Corporation
- Total
- BASF
- CCI Corporate
- Valvoline
- CNPC
- Sinopec
- Engen
- CAT
- SONAX
Highlights of The Antifreeze and Coolants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethylene Glycol
- Propylene Glycol
- Glycerin
- In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
- By Application:
- Passenger Car (PC)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Antifreeze and Coolants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Antifreeze and coolants are chemicals used to lower the freezing point of a liquid. They are also used in automotive systems to keep engines running at a safe temperature.
Some of the key players operating in the antifreeze and coolants market are Prestone, Shell, ExxonMobil, BP, Chevron Corporation, Total, BASF, CCI Corporate, Valvoline, CNPC, Sinopec, Engen, CAT, SONAX.
The antifreeze and coolants market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Antifreeze and Coolants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Antifreeze and Coolants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Antifreeze and Coolants Market - Supply Chain
4.5. Global Antifreeze and Coolants Market Forecast
4.5.1. Antifreeze and Coolants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Antifreeze and Coolants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Antifreeze and Coolants Market Absolute $ Opportunity
5. Global Antifreeze and Coolants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Antifreeze and Coolants Market Size and Volume Forecast by Type
5.3.1. Ethylene Glycol
5.3.2. Propylene Glycol
5.3.3. Glycerin
5.3.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Antifreeze and Coolants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Antifreeze and Coolants Market Size and Volume Forecast by Application
6.3.1. Passenger Car (PC)
6.3.2. Light Commercial Vehicle (LCV)
6.3.3. Heavy Commercial Vehicle (HCV)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Antifreeze and Coolants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Antifreeze and Coolants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Antifreeze and Coolants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Antifreeze and Coolants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Antifreeze and Coolants Demand Share Forecast, 2019-2026
9. North America Antifreeze and Coolants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Antifreeze and Coolants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Antifreeze and Coolants Market Size and Volume Forecast by Application
9.4.1. Passenger Car (PC)
9.4.2. Light Commercial Vehicle (LCV)
9.4.3. Heavy Commercial Vehicle (HCV)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Antifreeze and Coolants Market Size and Volume Forecast by Type
9.7.1. Ethylene Glycol
9.7.2. Propylene Glycol
9.7.3. Glycerin
9.7.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Antifreeze and Coolants Demand Share Forecast, 2019-2026
10. Latin America Antifreeze and Coolants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Antifreeze and Coolants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Antifreeze and Coolants Market Size and Volume Forecast by Application
10.4.1. Passenger Car (PC)
10.4.2. Light Commercial Vehicle (LCV)
10.4.3. Heavy Commercial Vehicle (HCV)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Antifreeze and Coolants Market Size and Volume Forecast by Type
10.7.1. Ethylene Glycol
10.7.2. Propylene Glycol
10.7.3. Glycerin
10.7.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Antifreeze and Coolants Demand Share Forecast, 2019-2026
11. Europe Antifreeze and Coolants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Antifreeze and Coolants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Antifreeze and Coolants Market Size and Volume Forecast by Application
11.4.1. Passenger Car (PC)
11.4.2. Light Commercial Vehicle (LCV)
11.4.3. Heavy Commercial Vehicle (HCV)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Antifreeze and Coolants Market Size and Volume Forecast by Type
11.7.1. Ethylene Glycol
11.7.2. Propylene Glycol
11.7.3. Glycerin
11.7.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Antifreeze and Coolants Demand Share, 2019-2026
12. Asia Pacific Antifreeze and Coolants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Antifreeze and Coolants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Antifreeze and Coolants Market Size and Volume Forecast by Application
12.4.1. Passenger Car (PC)
12.4.2. Light Commercial Vehicle (LCV)
12.4.3. Heavy Commercial Vehicle (HCV)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Antifreeze and Coolants Market Size and Volume Forecast by Type
12.7.1. Ethylene Glycol
12.7.2. Propylene Glycol
12.7.3. Glycerin
12.7.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Antifreeze and Coolants Demand Share, 2019-2026
13. Middle East & Africa Antifreeze and Coolants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Antifreeze and Coolants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Antifreeze and Coolants Market Size and Volume Forecast by Application
13.4.1. Passenger Car (PC)
13.4.2. Light Commercial Vehicle (LCV)
13.4.3. Heavy Commercial Vehicle (HCV)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Antifreeze and Coolants Market Size and Volume Forecast by Type
13.7.1. Ethylene Glycol
13.7.2. Propylene Glycol
13.7.3. Glycerin
13.7.4. In the three types of Antifreeze & Coolants, Ethylene Glycol has the biggest sales share during 2014-2019, which is always high of over 87%. And the type of Propylene Glycol, Glycerin share the next sales share.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Antifreeze and Coolants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Antifreeze and Coolants Market: Market Share Analysis
14.2. Antifreeze and Coolants Distributors and Customers
14.3. Antifreeze and Coolants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Prestone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ExxonMobil
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chevron Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Total
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CCI Corporate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Valvoline
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CNPC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinopec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Engen
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CAT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SONAX
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
