Progressive Research Report on Automotive Antifreeze Market Size & Share Driven by Thriving Automotive, Aerospace and Construction Industries 2017-2022

Input costs have shown a rising trend over the past few years and there is no sign of it abating anytime soon. The rising raw material cost has affected the profitability of several small-scale players in the automobile industry. The situation may become even worse as rising labour costs in China have reduced the attractiveness of that country as a top source of material. This is expected to impact the automotive anti-freeze market as well and companies will be forced to innovate or risk falling behind. Cost-cutting measures in particular are seen as having a substantial impact on the quality of products in the automotive anti-freeze market. With a steady CAGR for the period 2017-2022, the Global Automotive Anti-Freeze Market is anticipated to grow to over US$ 460 million in 2022.

Polypropylene glycol main product in the automotive anti-freeze market

Polypropylene glycol accounts for more than half of the automotive anti-freeze market by revenue share in 2017 and it is predicted to retain its commanding position in the automotive anti-freeze market. The polypropylene glycol segment is estimated to grow to US$ 270 million at the end of the forecast period – recording a healthy CAGR. It would make sense for key stakeholders to focus on the APEJ region as it represents over one-third of the polypropylene glycol segment in the automotive anti-freeze market in 2017. The second most lucrative segment of the automotive anti-freeze market is ethylene glycol and it is poised to be worth over US$ 130 million in 2017.

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The passenger car segment had a revenue share of three-fifth of the vehicle type segment in 2017 and it should grow at a robust CAGR for the five year study period. APEJ is considered the most important region for passenger cars primarily due to the massive populations in both China and India that are typically first-time customers for passenger cars and are joining the automobile revolution. With a market value of above US$ 100 million in 2022, automakers would be highly recommended to target the APEJ passenger car segment of the automotive anti-freeze market with customized solutions. This certainly doesn’t mean that the LCV and HCV segment should be overlooked entirely as the former also has nearly one-fourth revenue share in 2017 and is projected to touch US$ 83 million in 2017.

Aftermarket channel greater than OEM in the automotive anti-freeze market

The aftermarket channel dominates the OEM channel and has captured nearly two-third revenue share already. With an impressive CAGR from 2017-2022, it is highly unlikely that it will cede its dominant position in the automotive anti-freeze market anytime soon. However, OEM’s that are able to understand the exact requirements of customers might be able to improve their position vis-à-vis their aftermarket counterparts.

Organic and inorganic acid neck and neck in automotive anti-freeze market

The organic acid technology segment and inorganic segment are both likely to be over US$ 200 million in 2022, making it interesting to see which technology triumphs over the other.

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The modern antifreeze allows cooling systems to operate more efficiently by raising the boiling point of the coolant solution. Various substances have been used as antifreeze in the past, but most current automotive applications use ethylene glycol. The report has also profiled leading players, which will remain active in expansion of global automotive antifreeze market through 2022, and these include companies such as BP p.l.c., Chevron Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, KOST USA. Inc., Prestone Products Corporation, Recochem Inc., Rock Oil, Total SA, and Valvoline International Inc.

Table of Contents

1.Global Automotive Antifreeze Market – Executive Summary

2.Global Automotive Antifreeze Market Overview

2.1.Introduction

2.1.1. Global Automotive Antifreeze Market Taxonomy

2.1.2. Global Automotive Antifreeze Market Definition

2.2.Global Automotive Antifreeze Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Automotive Antifreeze Market Y-o-Y Growth

2.3.Global Automotive Antifreeze Market Dynamics

2.3.1. Drivers

2.3.2. Restraints

2.3.3. Trends

2.4.Supply Chain

2.5.Cost Structure

2.6.Pricing Analysis

2.7.Raw Material Sourcing Strategy and Analysis

2.8.List of Distributors

2.9.Key Participants Market Presence (Intensity Map) By Region

2.10. Competitive Assessment and Technology Trends in Future

3.Global Automotive Antifreeze Market Analysis and Forecast By Product Type

3.1.Global Automotive Antifreeze Market Size and Forecast By Product Type, 2012-2022

3.1.1. Ethylene Glycol Automotive Antifreeze Market Size and Forecast, 2012-2022

3.1.1.1.Revenue (US$ Mn) Comparison, By Region

3.1.1.2.Market Share Comparison, By Region

3.1.1.3.Y-o-Y growth Comparison, By Region

3.1.2. Polypropylene Glycol Automotive Antifreeze Market Size and Forecast, 2012-2022

3.1.2.1.Revenue (US$ Mn) Comparison, By Region

3.1.2.2.Market Share Comparison, By Region

3.1.2.3.Y-o-Y growth Comparison, By Region…………………………………..CONTINUED

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