The global Automotive Antifreeze/Coolant market was valued at 621.49 Million USD in 2021 and will grow with a CAGR of 5.45% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Castrol

Chevron

ExxonMobil

Fuchs

Total

Prestone

Shell

BASF

CCI

Old World Industries

Valvoline

Sinopec

CNPC

Amsoil

Lanzhou BlueStar

China-TEEC

Silverhook

By Types:

Ethylene Glycol

Propylene Glycol

Glycerin

By Applications:

Passenger Cars

Commercial Vehicles

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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