Global Antifreeze and Coolants Market Insights and Forecast to 2027

SKU ID : QYR-18105701 | Publishing Date : 27-Apr-2021 | No. of pages : 110

An antifreeze is an additive, which lowers the freezing point of a water-based liquid. An antifreeze mixture is used to achieve freezing-point depression for cold environments. Common antifreezes increase the boiling point of the liquid, allowing higher coolant temperature. A coolant is a substance, typically liquid or gas, which used to reduce or regulate the temperature of a system.
By region, Asia-Pacific accounted for the highest share of consumption in 2019, at more than 34 percent. The leading producers in the industry are Prestone, Shell and ExxonMobil, accounting for 12.34%, 11.80% and 7.81% of revenues respectively.

Market Analysis and Insights: Global Antifreeze and Coolants Market
The global Antifreeze and Coolants market is valued at US$ 7394.2 million in 2019. The market size will reach US$ 8347.6 million by the end of 2026, growing at a CAGR of 1.7% during 2021-2026.

Global Antifreeze and Coolants Scope and Segment
Antifreeze and Coolants market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Antifreeze and Coolants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Ethylene Glycol
Propylene Glycol
Glycerin
In the three types of Antifreeze and Coolants, Ethylene Glycol has the biggest revenue share during 2014-2019, which is always high of over 80%.

Segment by Application
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
According to the application, passenger car accounts for the highest proportion of consumption, over 67% in 2019.

By Company
Prestone
Shell
ExxonMobil
BP
Chevron Corporation
Total
BASF
CCI Corporate
Valvoline
CNPC
Sinopec
Engen
CAT
SONAX

Production by Region
North America
Europe
China
Japan
South Africa

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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