Global Antifreeze Market Growth 2023-2029

Global Antifreeze Market Growth 2023-2029

Antifreeze is a type of coolant with antifreeze function. It is generally used for cars, trucks, bus, tractors, train locomotives and engineering machinery etc. Antifreeze has the function of anti-freezing, anti-boiling, anti-corrosion, anti-incrustation scale etc. For the relatively large market share of automotive antifreeze, this report mainly talks about auto antifreeze, the 30%~70% diluent antifreeze.

LPI (LP Information)' newest research report, the “Antifreeze Industry Forecast” looks at past sales and reviews total world Antifreeze sales in 2022, providing a comprehensive analysis by region and market sector of projected Antifreeze sales for 2023 through 2029. With Antifreeze sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antifreeze industry.

This Insight Report provides a comprehensive analysis of the global Antifreeze 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antifreeze market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antifreeze 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.

The global Antifreeze market size is projected to grow from US$ 5307.2 million in 2022 to US$ 5870.8 million in 2029; it is expected to grow at a CAGR of 5870.8 from 2023 to 2029.

Europe is the largest Antifreeze market with about 42% market share. USA is follower, accounting for about 25% market share.

The key players are Prestone, Shell, Exxon Mobil, Castrol, Total, CCI, BASF, Valvoline, Old World Industries, KMCO, Chevron, SONAX, Getz Nordic, Kost USA, Recochem, Amsoil, MITAN, Gulf Oil International, Paras Lubricants, Solar Applied Materials, Pentosin, Millers Oils, Silverhook, Evans, ABRO, Sinopec, CNPC, Lanzhou BlueStar, Zhongkun Petrochemical, China-TEEC etc. Top 3 companies occupied about 37% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Antifreeze market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ethylene Glycol

Propylene Glycol

Others

Segmentation by application

Passenger Vehicles

Commercial Vehicles

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

Exxon Mobil

Castrol

Total

CCI

BASF

Valvoline

Old World Industries

KMCO

Chevron

SONAX

Getz Nordic

Kost USA

Recochem

Amsoil

MITAN

Gulf Oil International

Paras Lubricants

Solar Applied Materials

Pentosin

Millers Oils

Silverhook

Evans

ABRO

Sinopec

CNPC

Lanzhou BlueStar

Zhongkun Petrochemical

China-TEEC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Antifreeze market?

What factors are driving Antifreeze market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Antifreeze market opportunities vary by end market size?

How does Antifreeze 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.