Antifreeze is an additive added to lower the freezing point of the vehicle and achieve boiling point elevation. This allows for a higher coolant temperature, which is vital for the automobile in a hot environment.
The market for ethylene glycol as antifreeze is very large globally and commands the highest market share in 2017. However, rising environmental concerns and tight emission norms are reducing its use and subsequently, its market share is expected to go down by the end of the forecast period. Propylene glycol antifreeze would be the fastest growing segment due to its environment-friendly nature and its lower emissions compared to the ethylene glycol based antifreeze. The market for propylene glycol antifreeze is expected to grow the fastest in the Europe and North American regions.
The market is forecasted to record the slowest rate of growth in the South American region, as the diverse economic conditions and slump in the biggest market of the region, Brazil, have affected the sales of automobiles drastically. The Asia-Pacific region, on account of rising disposable incomes and a burgeoning middle class, is expected to see the highest rate of growth in the sales of automobiles and will lead the market for antifreeze in the forecast period.
In 2019, the market size of Automotive Antifreeze/Coolant is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Antifreeze/Coolant.
This report studies the global market size of Automotive Antifreeze/Coolant, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive Antifreeze/Coolant production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Castrol
Chevron
ExxonMobil
Fuchs
Total
Prestone
Shell
BASF
CCI
Old World Industries
Valvoline
Sinopec
CNPC
Amsoil
Lanzhou BlueStar
China-TEEC
Silverhook
Market Segment by Product Type
Ethylene Glycol
Propylene Glycol
Glycerin
Others
Market Segment by Application
Passenger Cars
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive Antifreeze/Coolant status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Antifreeze/Coolant manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive Antifreeze/Coolant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Automotive Antifreeze/Coolant. Industry analysis & Market Report on Automotive Antifreeze/Coolant is a syndicated market report, published as Global (United States, European Union and China) Automotive Antifreeze/Coolant Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automotive Antifreeze/Coolant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.