The global automotive antifreeze market size is anticipated to reach market value of around USD 10,000 Million by 2027 and grow at a CAGR of around 4% in terms of revenue during the forecast period from 2020 to 2027.
The antifreeze agent is an additive used in a vehicle to avoid engine damage caused by the freezing of the engine liquid antifreeze. The desired characteristics of an antifreeze agent are the ability to resist corrosion, excellent heat transfer, prevention of engine deposits, stability at high temperatures, good compatibility with hard water, plastics and elastomers, low foaming propensity, and freeze safety.
Automotive Antifreeze Market Insights
The major use of automotive antifreeze is in passenger manufacturing (OEMs) and the automotive aftermarket. Antifreeze is typically used by passenger makers for the initial filling of the vehicles' cooling systems. Such filling depends on the capability of the cooling system and the vehicle type. For instance, the average cooling system capacity of passenger cars in the light vehicle segment is around 8 to 10 liters in the US, and that is over 35 liters for medium/heavy trucks. In the aftermarket automotive market, there is a major user of antifreeze as vehicles in service need changing coolants every 24 to 36 months. Consumption of coolants is high in the automotive aftermarket, with a significant number of passenger vehicles and commercial vehicles in transit in North America and Asia-Pacific. Furthermore, in North America, the average age of vehicles is about 11 years and needs periodic maintenance for proper service. Considering the above-mentioned factors and increasing customer spending on vehicle maintenance, demand for coolants is expected to drive the end-user segment of the automotive aftermarket.
The automotive aftermarket is the secondary market of the automotive industry, which involves the business of automotive services and parts. In recent years, due to technological developments, changing consumer demands, and changes in competitive power, the global automotive aftermarket has seen healthy growth. In the last decade, technical advances in the global aftermarket have helped to increase the average age of vehicles. Improving vehicle build quality & standards, growth of the organized used vehicle market, and rising focus and understanding of vehicle maintenance are the key factors favoring this pattern. Depending on the type of vehicle, these factors have increased the demand for automotive aftermarket services and, thus, for automotive antifreeze in the regional markets of North America and Asia-Pacific, as the replacement of antifreeze in an automobile is necessary over a period of 2-5 years. However, the production of petrochemicals and, subsequently, the production of ethylene glycol and propylene glycol have been affected by fluctuating crude oil prices. Thus, the volatile prices of raw materials are expected to hold back the growth of the global demand for automotive antifreeze during the forecast period.
The largest automotive antifreeze demand in North America is due to a large number of automobiles and their vibrant intercity and country road connectivity. Asia Pacific and Europe are preceded by road connectivity. In Asia Pacific, mainly in China and other developing countries such as India, Malaysia, Indonesia, Thailand and the Philippines, are the leading countries for automotive antifreeze. The market for automotive antifreeze in the Asia Pacific region is increasing among the middle-class population and expanding road transport infrastructure. Also, the other major factors supporting the growth of automotive antifreeze market is growing demand for passenger vehicles, increasing mobility due to the growth of satellite township near megacities and increasing demand for product carriers from micro, small and medium enterprises (MSMEs). In North America and Europe, the growth of automotive aftermarket and do it yourself (DIY) culture is fueling the growth of automotive antifreeze.
Impact of COVID-19 on the Global Automotive Antifreeze Market
The region-wide outbreak of COVID-19 has resulted in a city lockdown, border limits, and the collapse of transport networks. This is expected to have a major impact on the supply chains of chemicals & products, foreign trade, and worldwide manufacturing activities. The global economy is expected to contract by about 1% or more, according to the United Nations, instead of registering 2.5% expansion, as projected by the 2020 World Economic Situation and Prospects Survey. The rate of contraction in the world economy is estimated to be more than 1% or probably more than what was observed in the 2009 global financial crisis (i.e. ~2.5%) if governments (in both developing and developed countries) do not provide the requisite income support and help increase consumer spending. With the continuous spread of the novel coronavirus around the world, automakers are taking drastic steps to avoid the spread of COVID-19 in the form of plant closures. As more European firms suspend work, the situation remains fluid, and US automakers prolong shutdown times. The initiative of the automakers to stop production in North America is an attempt to slow down the COVID-19 outbreak; however, the area is currently the global epicentre of the outbreak, with the regular number of reported cases outstripping the number in China.
Some of the prominent players in the automotive antifreeze market include Exxon Mobil Corporation, Halfords Group PLC., Castrol limited, Prestone Products Corporation, Valvoline Inc., China Petroleum & Chemical Corp, Rock Oil Company LLC., Total SA, Motul, Kost USA, and others.
The global automotive antifreeze market is segmented as below:
Automotive Antifreeze Market Segmentation
Automotive Antifreeze Market By Product
Ethylene Glycol
Propylene Glycol
Glycerin
Automotive Antifreeze Market By Vehicle
Passenger Vehicles
Commercial Vehicles
Automotive Antifreeze Market By Distribution
OEM
Automotive Aftermarket
Automotive Antifreeze Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Automotive Antifreeze
1.1. Definition and Scope
1.1.1. Definition of Automotive Antifreeze
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Automotive Antifreeze Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Automotive Antifreeze Market By Product
1.2.3. Automotive Antifreeze Market By Vehicle
1.2.4. Automotive Antifreeze Market By Distribution
1.2.5. Automotive Antifreeze Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Vehicle
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio And Market Maturity Analysis of Automotive Antifreeze Market
3.5.1. Go To Market Strategy
3.6. Technological Roadmap for Automotive Antifreeze Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date Global for Automotive Antifreeze Major Manufacturers in 2019
4.2. R&D Status and By Vehicle Vehicle of Global Automotive Antifreeze Major Manufacturers in 2019
CHAPTER 5. Automotive Antifreeze Market By Product
5.1. Introduction
5.2. Automotive Antifreeze Revenue By Product
5.2.1. Automotive Antifreeze Revenue (US$ Mn) and Forecast, By Product, 2016-2027
5.2.2. Ethylene Glycol
5.2.2.1. Ethylene Glycol Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Propylene Glycol
5.2.3.1. Propylene Glycol Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Glycerin
5.2.4.1. Glycerin Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Automotive Antifreeze Market Revenue By Vehicle
6.1. Introduction
6.2. Automotive Antifreeze Revenue (US$ Mn) By Vehicle
6.2.1. Automotive Antifreeze Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
6.2.2. Passenger Vehicles
6.2.2.1. Passenger Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Commercial Vehicles
6.2.3.1. Commercial Vehicles Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Automotive Antifreeze Market By Distribution
7.1. Introduction
7.2. Automotive Antifreeze Revenue (US$ Mn) By Distribution
7.2.1. Automotive Antifreeze Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
7.2.2. OEM
7.2.2.1. OEM Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Automotive Aftermarket
7.2.3.1. Automotive Aftermarket Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Automotive Antifreeze Market By Country
8.1. North America Automotive Antifreeze Overview
8.2. U.S.
8.2.1. U.S. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.2. U.S. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.2.3. U.S. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
8.3. Canada
8.3.1. Canada Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.2. Canada Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
8.3.3. Canada Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Automotive Antifreeze Market By Country
9.1. Europe Automotive Antifreeze Market Overview
9.2. U.K.
9.2.1. U.K. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.2.2. U.K. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
9.2.3. U.K. Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
9.3. Germany
9.3.1. Germany Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.3.2. Germany Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
9.3.3. Germany Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
9.4. France
9.4.1. France Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.4.2. France Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
9.4.3. France Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
9.5. Spain
9.5.1. Spain Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.5.2. Spain Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
9.5.3. Spain Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.6.2. Rest of Europe Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016-2027
9.6.3. Rest of Europe Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Automotive Antifreeze Market By Country
10.1. Asia Pacific Automotive Antifreeze Market Overview
10.2. China
10.2.1. China Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2. China Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.2.3. China Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.3. Japan
10.3.1. Japan Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2. Japan Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.3.3. Japan Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.4. India
10.4.1. India Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2. India Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.4.3. India Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.5. Australia
10.5.1. Australia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.5.2. Australia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.5.3. Australia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.6.2. South Korea Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.6.3. South Korea Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.7.2. Rest of Asia-Pacific Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
10.7.3. Rest of Asia-Pacific Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Automotive Antifreeze Market By Country
11.1. Latin America Automotive Antifreeze Market Overview
11.2. Brazil
11.2.1. Brazil Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2. Brazil Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
11.2.3. Brazil Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2. Mexico Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
11.3.3. Mexico Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2. Rest of Latin America Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 – 2027
11.4.3. Rest of Latin America Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
CHAPTER 12. Middle East & Africa Automotive Antifreeze Market By Country
12.1. Middle East & Africa Automotive Antifreeze Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.2.2. Saudi Arabia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
12.2.3. Saudi Arabia Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
12.3. UAE
12.3.1. UAE Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.3.2. UAE Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
12.3.3. UAE Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.4.2. Rest of Middle East & Africa Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Vehicle, 2016 - 2027
12.4.3. Rest of Middle East & Africa Automotive Antifreeze Market Revenue (US$ Mn) and Forecast By Distribution, 2016 - 2027
CHAPTER 13. Player Analysis Of Automotive Antifreeze
13.1. Automotive Antifreeze Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Vehicle Launches and Vehicle Enhancements
13.2.3. Mergers And Acquisition In Global Automotive Antifreeze Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Halfords Group PLC.
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Halfords Group PLC. 2019 Automotive Antifreeze Business Regional Distribution
14.1.4. Vehicle/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Exxon Mobil Corporation
14.3. Castrol limited
14.4. Prestone Products Corporation
14.5. China Petroleum & Chemical Corp
14.6. Valvoline Inc.
14.7. Rock Oil Company LLC.
14.8. Motul
14.9. Kost USA
14.10. Total SA
14.11. Others
