Market Overview:
The global automobile antifreeze market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles, especially passenger cars, across the globe. In addition, the growing awareness about vehicle safety and maintenance is also propelling the demand for automobile antifreeze products. The global automobile antifreeze market by type is segmented into ethylene glycol, ethanol, glycerin and others. The ethylene glycol segment dominates the global automotive antifreeze market and is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. This growth can be attributed to its properties such as low freezing point and high boiling point that make it suitable for use in various applications such as commercial vehicles and passenger cars. The global automotive antifreeze market by application is segmented into commercial vehicles and passenger cars segments. The commercial vehicles segment dominates this market with a share of more than 60%. However, this share is projected to decline duringthe forecast period duetoincreasing demand for automobiles in developing countries such as Chinaand India .
Product Definition:
An automotive antifreeze is a liquid used in internal combustion engines to lower the freezing point of the engine's coolant. The coolant allows the engine to run at a higher temperature, preventing it from seizing up in cold weather. Antifreeze also contains corrosion inhibitors to protect metal parts from rusting.
Ethylene Glycol:
Ethylene glycol is a colorless, odorless liquid that is miscible in water. It has a sweetish taste and it's often used as an antifreeze to reduce the freezing point of water-based solutions.
Ethanol:
Ethanol is a type of alcohol that can be derived from various sources including corn, wheat, barley and sugar. It has the chemical formula as C2H5OH and it’s also known as ethyl alcohol. Ethanol is widely used in the automobile industry for antifreeze applications owing to its properties such as low boiling point which makes it suitable for reducing the freezing point of an automotive engine oil.
Application Insights:
The commercial vehicles segment led the global automobile antifreeze market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for trucks, buses, coaches and other forms of passenger transport services on account of increasing disposable income levels coupled with rapid urbanization in developing countries including India, China and Brazil.
Passenger cars are estimated to witness significant growth over the forecast period owing to factors such as growing purchasing power along with increased spending capacity among consumers across developed economies including Germany, U.K., France and Italy on account of robust economic development coupled with improved employment opportunities has resulted in an increase in vehicle ownership rates which is further anticipated to fuel product demand over the next seven years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of the total revenue in 2017 owing to high demand from developing countries such as China, India, and Japan. In addition, increasing automotive production coupled with rising vehicle sales will drive demand further.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period on account of stringent government regulations regarding carbon dioxide emissions from vehicles coupled with increasing R&D activities for development of advanced automobile antifreeze solutions. Moreover, presence of major manufacturers including Bosch Ltd., Continental AG; along with key service centers will also support regional growth during the estimated time span.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries
- Technological advancements in automobile manufacturing that improve fuel efficiency and reduce emissions
- Stringent government regulations on vehicle emissions that incentivize the use of antifreeze products
- Growing popularity of hybrid and electric vehicles that require special antifreeze formulations
- Rising prices of crude oil, which increases the cost of producing traditional gasoline-powered vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Antifreeze Market Research Report
By Type
Ethylene Glycol, Ethanol, Glycerin, Others
By Application
Commercial Vehicles, Passenger Cars
By Companies
Shell, KMCO, Chevron, SONAX, Exxon Mobil, Castrol, Total, Valvoline, CNPC, Silverhook, ABRO, Sinopec, Recochem, Gulf Oil International
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Antifreeze Market Report Segments:
The global Automobile Antifreeze market is segmented on the basis of:
Types
Ethylene Glycol, Ethanol, Glycerin, Others
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
Commercial Vehicles, Passenger Cars
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:
- Shell
- KMCO
- Chevron
- SONAX
- Exxon Mobil
- Castrol
- Total
- Valvoline
- CNPC
- Silverhook
- ABRO
- Sinopec
- Recochem
- Gulf Oil International
Highlights of The Automobile Antifreeze 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
- Ethanol
- Glycerin
- Others
- By Application:
- Commercial Vehicles
- Passenger Cars
- 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 Automobile Antifreeze 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Automobile antifreeze is a type of fluid used in automobiles to reduce the freezing point of water in the engine.
Some of the major companies in the automobile antifreeze market are Shell, KMCO, Chevron, SONAX, Exxon Mobil, Castrol, Total, Valvoline, CNPC, Silverhook, ABRO, Sinopec, Recochem, Gulf Oil International.
The automobile antifreeze market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Antifreeze Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Antifreeze Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Antifreeze Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Antifreeze Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Antifreeze Market Size & Forecast, 2018-2028
4.5.1 Automobile Antifreeze Market Size and Y-o-Y Growth
4.5.2 Automobile Antifreeze Market Absolute $ Opportunity
Chapter 5 Global Automobile Antifreeze Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Antifreeze Market Size Forecast by Type
5.2.1 Ethylene Glycol
5.2.2 Ethanol
5.2.3 Glycerin
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Antifreeze Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Antifreeze Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Antifreeze Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Antifreeze Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Antifreeze Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Antifreeze Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Antifreeze Market Size Forecast by Type
9.6.1 Ethylene Glycol
9.6.2 Ethanol
9.6.3 Glycerin
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Antifreeze Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger Cars
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Antifreeze Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Antifreeze Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Antifreeze Market Size Forecast by Type
10.6.1 Ethylene Glycol
10.6.2 Ethanol
10.6.3 Glycerin
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Antifreeze Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger Cars
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Antifreeze Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Antifreeze Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Antifreeze Market Size Forecast by Type
11.6.1 Ethylene Glycol
11.6.2 Ethanol
11.6.3 Glycerin
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Antifreeze Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger Cars
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Antifreeze Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Antifreeze Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Antifreeze Market Size Forecast by Type
12.6.1 Ethylene Glycol
12.6.2 Ethanol
12.6.3 Glycerin
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Antifreeze Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger Cars
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Antifreeze Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Antifreeze Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Antifreeze Market Size Forecast by Type
13.6.1 Ethylene Glycol
13.6.2 Ethanol
13.6.3 Glycerin
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Antifreeze Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger Cars
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Antifreeze Market: Competitive Dashboard
14.2 Global Automobile Antifreeze Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 KMCO
14.3.3 Chevron
14.3.4 SONAX
14.3.5 Exxon Mobil
14.3.6 Castrol
14.3.7 Total
14.3.8 Valvoline
14.3.9 CNPC
14.3.10 Silverhook
14.3.11 ABRO
14.3.12 Sinopec
14.3.13 Recochem
14.3.14 Gulf Oil International
