Global Light Vehicle Antifreeze Market Growth 2023-2029

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

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

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

The global Light Vehicle Antifreeze market size is projected to grow from US$ 4510.7 million in 2022 to US$ 5320.2 million in 2029; it is expected to grow at a CAGR of 5320.2 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 Light Vehicle Antifreeze market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ethylene Glycol Coolant
Propylene Glycol Coolant
Other

Segmentation by application
Light Passenger Vehicle
Light Commercial Vehicle

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 Light Vehicle Antifreeze market?

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

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

How do Light Vehicle Antifreeze market opportunities vary by end market size?

How does Light Vehicle 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.