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Global Automotive Antifreeze Market Size, Share, Analysis: By Fluid Type: Ethylene Glycol, Propylene Glycol, Glycerin; By Technology: Inorganic Additive Technology (IAT), Organic Acid Technology (OAT), Hybrid Organic Acid Technology (HOAT); By Application; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Automotive Antifreeze Market Size
The global automotive antifreeze market attained a value of about USD 4.26 billion in 2023. The market is further expected to grow at a CAGR of 7.8% during the forecast period of 2024-2032 to reach approximately USD 8.40 billion by 2032.
Automotive Antifreeze Market Outlook
- In India, the passenger vehicle wholesales in FY24 surged by 8.4% to 42,18,746 units compared to 38,90,114 units in FY23.
- Utility vehicles (UVs) of India saw a significant growth of 25.8% in FY24, reaching 25,20,691 units, up from 20,03,718 units in FY23.
- In 2023, registrations of medium and heavy commercial vehicles (+3.5 tonnes) in the European Union jumped by 15.7%.
Automotive Antifreeze Market Report Snapshots
Automotive Antifreeze Market Size
Automotive Antifreeze Market Growth
Automotive Antifreeze Market Trends
Automotive Antifreeze Market Share
Automotive Antifreeze Manufacturers
Automotive Antifreeze Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Antifreeze Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Antifreeze Historical Market (2018-2023)
8.3 Global Automotive Antifreeze Market Forecast (2024-2032)
8.4 Global Automotive Antifreeze Market by Fluid Type
8.4.1 Ethylene Glycol
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Propylene Glycol
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Glycerin
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Automotive Antifreeze Market by Technology
8.5.1 Inorganic Additive Technology (IAT)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Organic Acid Technology (OAT)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Hybrid Organic Acid Technology (HOAT)
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Automotive Antifreeze Market by Application
8.6.1 Passenger Vehicle
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial Vehicle
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Construction Vehicle
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Automotive Antifreeze Market by Distribution Channel
8.7.1 Original Equipment Manufacturers (OEMs)
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Aftermarket
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Automotive Antifreeze Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Automotive Antifreeze Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Antifreeze Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Antifreeze Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Antifreeze Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Antifreeze Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Castrol Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Halfords Group PLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Chevron Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Exxon Mobil Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Motul
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Prestone Products Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Antifreeze Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Antifreeze Historical Market: Breakup by Fluid Type (USD Million), 2018-2023
3. Global Automotive Antifreeze Market Forecast: Breakup by Fluid Type (USD Million), 2024-2032
4. Global Automotive Antifreeze Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Automotive Antifreeze Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Automotive Antifreeze Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Automotive Antifreeze Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Automotive Antifreeze Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9. Global Automotive Antifreeze Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10. Global Automotive Antifreeze Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Automotive Antifreeze Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Automotive Antifreeze Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Automotive Antifreeze Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Automotive Antifreeze Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Automotive Antifreeze Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Automotive Antifreeze Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Automotive Antifreeze Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Automotive Antifreeze Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Automotive Antifreeze Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Automotive Antifreeze Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Automotive Antifreeze Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Automotive Antifreeze Market Structure
Key Questions Answered in the Report
In 2023, the automotive antifreeze market reached an approximate value of USD 4.26 billion.
The market is expected to grow at a CAGR of 7.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 8.40 billion by 2032.
The major drivers of the market include the easy availability of automotive antifreeze, growing automotive industries, and the rising demand for high performance vehicles.
Key trends aiding market expansion include the rise in demand for personal vehicles in colder climates, development of bio-based coolants, and the flourishing chemical industry.
Regions considered in the automotive antifreeze market report are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading fluid types in the market are ethylene glycol, propylene glycol, and glycerine.
The major technologies in the market are inorganic additive technology (IAT), organic acid technology (OAT), and hybrid organic acid technology (HOAT).
The significant applications include passenger vehicle, commercial vehicle, and construction vehicle.
Key players in the market are Castrol Limited, Halfords Group PLC, Chevron Corporation, Exxon Mobil Corporation, Motul, and Prestone Products Corporation, among others.
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