Market Overview:
The global automotive antifreeze and coolant market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive antifreeze and coolant market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into ethylene glycol coolant, propylene glycol coolant, and other types. The ethylene glycol coolant segment is expected to account for a major share of the global automotive antifreeze and coolant market in 2018 owing to its high thermal stability as well as low freezing point. On the basis of application,the market has been divided into passenger vehicleand commercial vehicle segments.
Product Definition:
A fluid used in automobiles to keep the engine from freezing and to help cool the engine.
Ethylene Glycol Coolant:
Ethylene glycol is a colorless and odorless liquid that is miscible in water. It has a mild sweet taste. Ethylene Glycol (EG) is widely used as antifreeze and coolant owing to its properties such as low viscosity, high flash point, excellent heat transfer properties, biodegradability & non-toxicity.
Propylene Glycol Coolant:
Propylene glycol is a colorless, odorless liquid that is miscible in water and oil. It has a mild sweet taste. Propylene glycol can be used as an antifreeze to lower the freezing point of an engine coolant or as a heat transfer medium in various applications including deicing, cooling systems and equipment, fire extinguishing systems, air conditioning compressors and refrigerators among others.
Application Insights:
The passenger vehicle segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growing demand for passenger vehicles in developing countries, such as India, China and Brazil is expected to have a positive impact on industry growth over the forecast period. In addition, stringent government regulations regarding engine maintenance to reduce carbon emissions are likely to promote antifreeze & coolant usage in automotive applications over the coming years.
Commercial vehicles are projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand from construction industries across various regions including North America and Europe. Furthermore, technological advancements coupled with rising sales of commercial vehicles are anticipated fuel industry growth over the coming years as well. Increasing R&D investments by major players for developing low-temperature resistant products is also expected fuel market expansion during future periodicals periods (2018-2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of production owing to low labor costs, along with easy availability of raw materials such as glycol. China is one of the largest markets for automotive antifreeze and coolant products on account of increasing demand from both domestic as well as international manufacturers operating in this country.
The European market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to stringent government regulations regarding carbon emissions coupled with rising consumer awareness regarding vehicle maintenance schedules. Germany accounted for more than 20% share within Europe due to strong presence of automobile manufacturers including BMW, Audi, Mercedes Benz among others operating under various brand names such as Volkswagen Group; Daimler-Chrysler; Ford-Werke GmbH & Co.; Opel; Fiat S.pA.
Growth Factors:
- Increasing demand for automobiles: The global automotive industry is expected to grow at a CAGR of 4.5% from 2016 to 2020, owing to the increasing demand for passenger cars and commercial vehicles. This will result in an increase in the demand for automotive antifreeze and coolant products, as they are essential components of automobiles.
- Technological advancements: Automotive antifreeze and coolant manufacturers are focusing on developing innovative products that meet the requirements of consumers worldwide. This is helping them expand their market share and gain a competitive edge over other players in the market.
- Stringent emission norms: Stringent emission norms across regions are prompting automobile manufacturers to adopt advanced technologies that help reduce emissions from their vehicles considerably. This is resulting in an increased demand for automotive antifreeze and coolant products, as they play an important role in reducing emissions from automobiles..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Antifreeze and Coolant Market Research Report
By Type
Ethylene Glycol Coolant, Propylene Glycol Coolant, Other
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Prestone, Shell, Exxon Mobil, Castrol, Total, CCI, BASF, Old World Industries, Valvoline, Sinopec, CNPC, Lanzhou BlueStar, Zhongkun Petrochemical, KMCO, Chevron, China-TEEC, Guangdong Delian, SONAX, Getz Nordic, Kost USA, Amsoil, Recochem, MITAN, Gulf Oil International, Paras Lubricants, Solar Applied Materials, Pentosin, Millers Oils, Silverhook, Evans
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Antifreeze and Coolant Market Report Segments:
The global Automotive Antifreeze and Coolant market is segmented on the basis of:
Types
Ethylene Glycol Coolant, Propylene Glycol Coolant, Other
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 Vehicle, Commercial Vehicle
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
- Exxon Mobil
- Castrol
- Total
- CCI
- BASF
- Old World Industries
- Valvoline
- Sinopec
- CNPC
- Lanzhou BlueStar
- Zhongkun Petrochemical
- KMCO
- Chevron
- China-TEEC
- Guangdong Delian
- SONAX
- Getz Nordic
- Kost USA
- Amsoil
- Recochem
- MITAN
- Gulf Oil International
- Paras Lubricants
- Solar Applied Materials
- Pentosin
- Millers Oils
- Silverhook
- Evans
Highlights of The Automotive Antifreeze and Coolant 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 Coolant
- Propylene Glycol Coolant
- Other
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Automotive Antifreeze and Coolant 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?
Automotive antifreeze and coolant is a mixture of ethylene glycol, water, and other chemicals that is used to lower the freezing point of a liquid so it can be used in automotive systems. It protects engine parts from freezing and helps keep the engine running at its best.
Some of the major companies in the automotive antifreeze and coolant market are Prestone, Shell, Exxon Mobil, Castrol, Total, CCI, BASF, Old World Industries, Valvoline, Sinopec, CNPC, Lanzhou BlueStar, Zhongkun Petrochemical, KMCO, Chevron, China-TEEC, Guangdong Delian, SONAX, Getz Nordic, Kost USA, Amsoil, Recochem, MITAN, Gulf Oil International, Paras Lubricants, Solar Applied Materials, Pentosin, Millers Oils, Silverhook, Evans.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size & Forecast, 2018-2028
4.5.1 Automotive Antifreeze and Coolant Market Size and Y-o-Y Growth
4.5.2 Automotive Antifreeze and Coolant Market Absolute $ Opportunity
Chapter 5 Global Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Type
5.2.1 Ethylene Glycol Coolant
5.2.2 Propylene Glycol Coolant
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Type
9.6.1 Ethylene Glycol Coolant
9.6.2 Propylene Glycol Coolant
9.6.3 Other
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 Automotive Antifreeze and Coolant Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Automotive Antifreeze and Coolant Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Type
10.6.1 Ethylene Glycol Coolant
10.6.2 Propylene Glycol Coolant
10.6.3 Other
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 Automotive Antifreeze and Coolant Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Automotive Antifreeze and Coolant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Type
11.6.1 Ethylene Glycol Coolant
11.6.2 Propylene Glycol Coolant
11.6.3 Other
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 Automotive Antifreeze and Coolant Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Automotive Antifreeze and Coolant Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Antifreeze and Coolant 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 Automotive Antifreeze and Coolant Market Size Forecast by Type
12.6.1 Ethylene Glycol Coolant
12.6.2 Propylene Glycol Coolant
12.6.3 Other
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 Automotive Antifreeze and Coolant Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Automotive Antifreeze and Coolant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Antifreeze and Coolant 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) Automotive Antifreeze and Coolant Market Size Forecast by Type
13.6.1 Ethylene Glycol Coolant
13.6.2 Propylene Glycol Coolant
13.6.3 Other
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) Automotive Antifreeze and Coolant Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Automotive Antifreeze and Coolant Market: Competitive Dashboard
14.2 Global Automotive Antifreeze and Coolant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prestone
14.3.2 Shell
14.3.3 Exxon Mobil
14.3.4 Castrol
14.3.5 Total
14.3.6 CCI
14.3.7 BASF
14.3.8 Old World Industries
14.3.9 Valvoline
14.3.10 Sinopec
14.3.11 CNPC
14.3.12 Lanzhou BlueStar
14.3.13 Zhongkun Petrochemical
14.3.14 KMCO
14.3.15 Chevron
14.3.16 China-TEEC
14.3.17 Guangdong Delian
14.3.18 SONAX
14.3.19 Getz Nordic
14.3.20 Kost USA
14.3.21 Amsoil
14.3.22 Recochem
14.3.23 MITAN
14.3.24 Gulf Oil International
14.3.25 Paras Lubricants
14.3.26 Solar Applied Materials
14.3.27 Pentosin
14.3.28 Millers Oils
14.3.29 Silverhook
14.3.30 Evans
