Automotive Antifreeze Trends and Forecast
The future of the global automotive antifreeze market looks promising with opportunities in the passenger vehicle, commercial vehicle, and construction vehicle markets. The global automotive antifreeze market is expected to reach an estimated $9.7 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are increasing demand for high-performance automobiles and growing preference for environment-friendly and bio-based coolants and antifreeze.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Antifreeze by Segment
The study includes a forecast for the global automotive antifreeze by fluid type, technology, application, distribution channel, and region.
Automotive Antifreeze Market by Fluid Type [Shipment Analysis by Value from 2018 to 2030]:
• Ethylene Glycol
• Propylene Glycol
• Glycerin
Automotive Antifreeze Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Inorganic Additive Technology (IAT)
• Organic Acid Technology (OAT)
• Hybrid Organic Acid Technology (HOAT)
Automotive Antifreeze Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Vehicle
• Commercial Vehicle
• Construction Vehicle
Automotive Antifreeze Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Original Equipment Manufacturers (OEMs)
• Aftermarket
Automotive Antifreeze Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Antifreeze Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive antifreeze companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive antifreeze companies profiled in this report include-
• Halfords Group
• EXXON MOBIL CORPORATION
• Prestone Products Corporation
• Chevron Corporation
• MOTUL
• CASTROL
• ROCK OIL REFINING
• Valvoline
• TOTAL
• ROYAL DUTCH SHELL
Automotive Antifreeze Market Insights
Lucintel forecasts that ethylene glycol is expected to witness the highest growth over the forecast period.
Within this market, commercial vehicle is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Automotive Antifreeze Market
Market Size Estimates: Automotive antifreeze market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive antifreeze market size by various segments, such as by fluid type, technology, application, distribution channel, and region in terms of value ($B).
Regional Analysis: Automotive antifreeze market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different fluid types, technologies, applications, distribution channels, and regions for the automotive antifreeze market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive antifreeze market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the automotive antifreeze market size?
Answer: The global automotive antifreeze market is expected to reach an estimated $9.7 billion by 2030.
Q2. What is the growth forecast for automotive antifreeze market?
Answer: The global automotive antifreeze market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive antifreeze market?
Answer: The major drivers for this market are increasing demand for high-performance automobiles and growing preference for environment-friendly and bio-based coolants and antifreeze.
Q4. What are the major segments for automotive antifreeze market?
Answer: The future of the automotive antifreeze market looks promising with opportunities in the passenger vehicle, commercial vehicle, and construction vehicle markets.
Q5. Who are the key automotive antifreeze market companies?
Answer: Some of the key automotive antifreeze companies are as follows:
• Halfords Group
• EXXON MOBIL CORPORATION
• Prestone Products Corporation
• Chevron Corporation
• MOTUL
• CASTROL
• ROCK OIL REFINING
• Valvoline
• TOTAL
• ROYAL DUTCH SHELL
Q6. Which automotive antifreeze market segment will be the largest in future?
Answer: Lucintel forecasts that ethylene glycol is expected to witness the highest growth over the forecast period.
Q7. In automotive antifreeze market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive antifreeze market by fluid type (ethylene glycol, propylene glycol, and glycerin), technology (inorganic additive technology (IAT), organic acid technology (OAT), and hybrid organic acid technology (HOAT)), application (passenger vehicle, commercial vehicle, and construction vehicle), distribution channel (original equipment manufacturers (OEMs) and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Antifreeze Market, Automotive Antifreeze Market Size, Automotive Antifreeze Market Growth, Automotive Antifreeze Market Analysis, Automotive Antifreeze Market Report, Automotive Antifreeze Market Share, Automotive Antifreeze Market Trends, Automotive Antifreeze Market Forecast, Automotive Antifreeze Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.