Market Overview:
The global passenger car 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 passenger cars across the globe and rising awareness about vehicle maintenance and safety. The market is segmented on the basis of type, application, and region. On the basis of type, ethylene glycol coolant held a major share of the global passenger car antifreeze market in 2017. This can be attributed to its low freezing point and high boiling point as compared to other types of coolants available in the market.
Product Definition:
Passenger Car Antifreeze is an antifreeze used in automobiles. It is a solution of ethylene glycol and water, which lowers the freezing point of the mixture to about -36 degrees Fahrenheit (-38 degrees Celsius). Passenger Car Antifreeze also helps protect against corrosion in the engine.
Ethylene Glycol Coolant:
Ethylene glycol is a colorless and toxic liquid with a sweetish odor. It is miscible in water and oil, but not in combination with air. It has a strong tendency to form explosive mixtures with the atmosphere if it is inhaled or aspirated, so care must be taken to prevent this.
Propylene Glycol Coolant:
Propylene glycol is a colorless and highly viscous liquid that is used as a coolant in passenger cars. It has the ability to reduce the freezing point of water-based fluids and can also be used as an antifreeze to lower the freezing point of engine oil.
Application Insights:
The passenger car antifreeze market is segmented on the basis of application into sedans, SUVs, pickup trucks and others. The SUV segment held around 40% of the overall revenue share in 2017. This growth can be attributed to growing demand for 4WD vehicles with superior off-road performance in countries such as India and China owing to increased production of commercial vehicles there.
Pickup trucks are expected to witness significant growth over the forecast period due to increasing industrialization and urbanization in developing regions such as Asia Pacific which has resulted in an increase in need for heavy-duty vehicles with larger carrying capacity. Moreover, stringent government regulations regarding reduction of greenhouse emissions from diesel engines will boost sales further over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for passenger cars and stringent government regulations regarding carbon dioxide emissions from vehicles. In North America, Mexico is anticipated to be one of the major markets on account of rising automotive production in this country as well as other regions, such as China and U.S., due to low labor costs associated with manufacturing vehicles in these countries has led manufacturers there expand their production capacities by introducing new models or expanding their lineups with popular trim levels and engine options that customers desire most.
Asia Pacific market was valued at USD X million in 2017 owing to rapid industrialization along with growing automobile industry mainly due to presence of key players such as Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.
Growth Factors:
- Increasing demand for passenger cars across the globe
- Rising disposable income of consumers, which is resulting in an increase in spending on passenger cars
- Technological advancements in the automotive industry that are resulting in the development of more fuel-efficient and environment-friendly passenger cars
- Stringent government regulations pertaining to emissions and fuel efficiency that are encouraging automakers to develop more fuel-efficient vehicles
- Growing awareness about the importance of vehicle maintenance and car care among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Car Antifreeze Market Research Report
By Type
Ethylene Glycol Coolant, Propylene Glycol Coolant, Other
By Application
Sedan, SUVs, Pickup Trucks, Others
By Companies
Castrol, Exxon Mobil, Halfords Group, Prestone Products, Rock Oil Company, Valvoline, China Petroleum & Chemical Corp, TOTAL, KOST, Motul, BP PLC, Royal Dutch Shell PLC, Chevron Corporation
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Car Antifreeze Market Report Segments:
The global Passenger Car Antifreeze 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
Sedan, SUVs, Pickup Trucks, Others
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:
- Castrol
- Exxon Mobil
- Halfords Group
- Prestone Products
- Rock Oil Company
- Valvoline
- China Petroleum & Chemical Corp
- TOTAL
- KOST
- Motul
- BP PLC
- Royal Dutch Shell PLC
- Chevron Corporation
Highlights of The Passenger Car 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 Coolant
- Propylene Glycol Coolant
- Other
- By Application:
- Sedan
- SUVs
- Pickup Trucks
- Others
- 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 Passenger Car 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
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- 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?
Passenger car antifreeze is a type of automotive coolant that is used to lower the freezing point of water in an engine. This helps to prevent ice from forming on critical parts of the engine, such as the valves and pistons.
Some of the major companies in the passenger car antifreeze market are Castrol, Exxon Mobil, Halfords Group, Prestone Products, Rock Oil Company, Valvoline, China Petroleum & Chemical Corp, TOTAL, KOST, Motul, BP PLC, Royal Dutch Shell PLC, Chevron Corporation.
The passenger car 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 Passenger Car 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 Passenger Car Antifreeze Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Car 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 Passenger Car 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 Passenger Car Antifreeze Market Size & Forecast, 2018-2028
4.5.1 Passenger Car Antifreeze Market Size and Y-o-Y Growth
4.5.2 Passenger Car Antifreeze Market Absolute $ Opportunity
Chapter 5 Global Passenger Car 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 Passenger Car Antifreeze 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 Passenger Car 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 Passenger Car Antifreeze Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 SUVs
6.2.3 Pickup Trucks
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Car 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 Passenger Car 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 Passenger Car Antifreeze Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Car 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 Passenger Car Antifreeze 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 Passenger Car Antifreeze Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 SUVs
9.10.3 Pickup Trucks
9.10.4 Others
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 Passenger Car Antifreeze Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Car 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 Passenger Car Antifreeze 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 Passenger Car Antifreeze Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 SUVs
10.10.3 Pickup Trucks
10.10.4 Others
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 Passenger Car Antifreeze Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Car 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 Passenger Car Antifreeze 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 Passenger Car Antifreeze Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 SUVs
11.10.3 Pickup Trucks
11.10.4 Others
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 Passenger Car Antifreeze Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Car 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 Passenger Car Antifreeze 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 Passenger Car Antifreeze Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 SUVs
12.10.3 Pickup Trucks
12.10.4 Others
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) Passenger Car Antifreeze Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Car 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) Passenger Car Antifreeze 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) Passenger Car Antifreeze Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 SUVs
13.10.3 Pickup Trucks
13.10.4 Others
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 Passenger Car Antifreeze Market: Competitive Dashboard
14.2 Global Passenger Car Antifreeze Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Castrol
14.3.2 Exxon Mobil
14.3.3 Halfords Group
14.3.4 Prestone Products
14.3.5 Rock Oil Company
14.3.6 Valvoline
14.3.7 China Petroleum & Chemical Corp
14.3.8 TOTAL
14.3.9 KOST
14.3.10 Motul
14.3.11 BP PLC
14.3.12 Royal Dutch Shell PLC
14.3.13 Chevron Corporation
