Global Antifreeze and Coolants Market Growth 2023-2029

Global Antifreeze and Coolants Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Antifreeze and Coolants Industry Forecast” looks at past sales and reviews total world Antifreeze and Coolants sales in 2022, providing a comprehensive analysis by region and market sector of projected Antifreeze and Coolants sales for 2023 through 2029. With Antifreeze and Coolants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antifreeze and Coolants industry.
This Insight Report provides a comprehensive analysis of the global Antifreeze and Coolants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Antifreeze and Coolants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antifreeze and Coolants market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antifreeze and Coolants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Antifreeze and Coolants.
The global Antifreeze and Coolants market size is projected to grow from US$ 7506 million in 2022 to US$ 8483.1 million in 2029; it is expected to grow at a CAGR of 8483.1 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Antifreeze and Coolants market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ethylene Glycol
Propylene Glycol
Glycerin
Segmentation by application
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Prestone
Shell
ExxonMobil
BP
Chevron Corporation
Total
BASF
CCI Corporate
Valvoline
CNPC
Sinopec
Engen
CAT
SONAX
Key Questions Addressed in this Report
What is the 10-year outlook for the global Antifreeze and Coolants market?
What factors are driving Antifreeze and Coolants market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Antifreeze and Coolants market opportunities vary by end market size?
How does Antifreeze and Coolants break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.