Antifreeze is an additive, used to lower the freezing point of a water based liquid and to increase its boiling point. Antifreeze is used in internal combustion engines and other heat transfer applications. The function of antifreeze is to avoid a rigid enclosure from bursting due to expansion when water freezes. Based on product type, types of antifreeze are ethylene glycol (EGW), propylene glycol (PGW) and glycerol.
Profshare Market Research launches an in-detailed study of segments, market drivers, constraints, regional analysis, trends and forecast on Automotive Antifreeze Market. The market is expected to show constant growth between 2024 to 2030. The study covers a detailed analysis, growth and forecast of Automotive Antifreeze Market. The report includes market analysis on regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated.
In competition analysis report covers key player’s basic information, product category, Sales (Volume), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%). The competitive landscape in the report offers detailed profiles of the key players in Automotive Antifreeze Market. The report also covers financial overview, market strategies, new product analysis and marketing trends. Precise Competitive analysis helps businesses to build new product strategies. The study includes market value in terms of revenue in billion USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030.
Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study on Automotive Antifreeze Sales Market helps users to make precise decision to expand their market presence and increase their market share. The competitive landscape in the report offers detailed profiles of the key players in Automotive Antifreeze Market also covers financial overview, market strategies, new product analysis and marketing trends.
Automotive Antifreeze Market : Product Type
Automotive Antifreeze Market : End Users/ Applications
Global Automotive Antifreeze Market: Companies Covered
Geographical analysis of Automotive Antifreeze Market includes :
Global Automotive Antifreeze Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2023 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2023) |
USD 6627.63 million |
Forecast Value (2030) |
USD 11656.37 million |
CAGR (2022 to 2028) |
8.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Automotive Antifreeze Market was valued at around USD 6627.63 million in 2023 & estimated to reach USD 11656.37 million by 2030.
Automotive Antifreeze Market is likely to grow at compounded annual growth rate (CAGR) of 8.4% between 2024 to 2030.
Automotive Antifreeze Market is dominated by the Passenger Vehicles segment and the Asia Pacific region holds the highest market share in 2023.
Some of the top key players in the Automotive Antifreeze Market are Castrol, Chevron, Royal Dutch Shell, Total, ExxonMobil, Valvoline, BP PLC, BASF, Fuchs, KOST USA, Cummins.
Primary driving factors for the growth of the Automotive Antifreeze Market include Massive growth of the Automobile industry especially in Asia-Pacific region.
Yes, the report includes COVID 19 impact on the market.
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