Antifreeze Market by Vehicle Type, Product (Ethylene Glycol, Propylene Glycol & Glycerin), Engine Coolant Additive Technology OE & Aftermarket (IAT, OAT, & HOAT) & Region and Construction Equipment Engine Coolant Market - Forecast to 2021

  • ID: 4226676
  • Report
  • 178 Pages
  • Markets and Markets
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The Antifreeze Market for Original Equipment is Projected to Grow at a CAGR of 5.18% to Reach USD 885.1 Million by 2021

FEATURED COMPANIES

  • BASF SE
  • BP P.L.C.
  • Chevron Corporation
  • Cummins Inc.
  • Exxon Mobil Corporation
  • Motul
  • MORE

Increasing vehicle production is driving the antifreeze market for the automotive industry

The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% from 2016 to 2021, to reach a market size of USD 885.1 million by 2021. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the global vehicle production in 2015 was ~92 million units and is projected to grow to ~125 million units by 2021, at a CAGR of 5.40% from 2016 to 2021. This growth in vehicle production can be attributed to rising per capita income, increased preference for personal transport, and improved infrastructure. The growth of the automotive engine coolant market is directly linked to the rising vehicle production. Thus, rising vehicle production is one of the key drivers for the increase in demand for engine coolant in the original equipment market. Growing demand for battery operated vehicles is acting as a key restraint for the antifreeze market, especially in countries such as Norway, the Netherlands, and China, where the government has implemented stringent emission regulations. However, the impact of this growth is expected to be low for the next five years.

Passenger cars are expected to witness the highest demand for antifreeze

According to OICA, the production of passenger cars around the globe has grown from 68.6 million units in 2015 to 72.1 million units in 2016 at a rate of 5.1%.  The increased sales of passenger cars is due to the improved standard of living and rise in per capita income in various countries. According to Trading Economics statistics, the U.S. GDP per capita increased from USD 50,727.8 in 2014 to USD 51,638.1 in 2015, which led to increased purchasing capabilities of consumers. Thus, the sales and production of passenger cars are increasing and leading to increased demand for engine coolant and antifreeze.

Glycerine is expected to be the fastest growing base product market for antifreeze in the automotive industry

Antifreeze base fluids are toxic in nature. This has compelled manufacturers to switch to less toxic alternatives. Also, glycols used for antifreeze are manufactured from crude oil filtration, which may lead to a higher demand for fossil fuels such as crude oil and can have a negative impact on the environment. Hence, bio-based options such as glycerin are getting recognized in the market for their environment-friendly nature. These bio-based antifreeze are manufactured from materials such as corn, stover, and other oil bearing resources. Manufacturers are venturing into this market with products such as the Susterra brand of DuPont Tate & Lyle Bio Products (U.S.), which is produced using a bio-based glycol named 1, 3-Propanediol (PDO). This glycol is completely manufactured using renewable and bio-based materials and is suitable for passenger cars and other light and heavy duty vehicles.

North America: Largest and fastest growing antifreeze market for the automotive industry in Original Equipment (OE) segment

The North American region leads the antifreeze market for the automotive industry, owing to the higher production and demand for large engine capacity vehicles in this region such as extended cabs. The automotive market in this region is inclined towards SUVs and light trucks, owing to their off-road capabilities and better traction in changing weather conditions. According to OICA, the light commercial vehicle production in North America increased from 10.4 million units in 2015 to 11.0 million units by 2016 at a rate of 5.7%, which is above the global growth rate of 2.7%. Also, LCVs in North America have a higher antifreeze requirement, as compared to other regions. These factors have contributed to the higher market size of automotive antifreeze in this region. Additionally, the automotive industry of North America is one of the most advanced across the globe with substantial investments in R&D activities, infrastructure, and new production facilities driving the overall automotive antifreeze market.

Breakdown Of Primaries

The study contains insights provided by various industry experts, ranging from antifreeze raw material suppliers to antifreeze/coolant manufacturers. The break-up of the primaries is as follows:

  • By Company Type: Tier-1-16%, Tier-2-67%, and OEMs-17%
  • By Designation: D level-16%, C-level-67%, and Other (includes R&D heads and experts from the chemical industry)-17%
  • By Region: North America-50%, Asia-Pacific-33%, Europe-17%

The report provides detailed profiles of the following companies:

  • B.P. PLC. (U.K.)
  • Royal Dutch Shell PLC (Netherlands)
  • Total (France)
  • Chevron Corporation (U.S.)
  • Exxon Mobil Corporation (U.S.)
  • China Petrochemical Corporation (China)
  • BASF SE (Germany)
  • Cummins, Inc. (U.S.)
  • Motul (France)
  • Prestone Products Corporation (U.S.)

Research Coverage:

The report provides a picture of the antifreeze market across different verticals and regions for the automotive and off-highway industry. It aims at estimating the market size and future growth potential of the antifreeze OE by vehicle type, product, additive technology, construction equipment engine coolant OE market by application, and engine coolant aftermarket by additive technology and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to buy the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the antifreeze market in the automotive industry and the subsegments as well as for construction equipment. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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FEATURED COMPANIES

  • BASF SE
  • BP P.L.C.
  • Chevron Corporation
  • Cummins Inc.
  • Exxon Mobil Corporation
  • Motul
  • MORE

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Automotive Engine Coolant & Antifreeze
1.2.2 Comparison: Automotive Engine Coolant Additive Technology
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered In The Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Data Triangulation
2.5 Factor Analysis
2.5.1 Introduction
2.5.2 Demand-Side Analysis
2.5.2.1 Impact Of Per Capita Income On Antifreeze And Engine Coolant Market
2.5.2.2 Infrastructure: Roadways
2.5.3 Supply-Side Analysis
2.5.3.1 Technological Advancements In Antifreeze
2.6 Market Estimation
2.6.1 Bottom-Up Approach
2.6.2 Top-Down Approach
2.7 Assumptions

3 Executive Summary
3.1 Introduction
3.1.1 Antifreeze OE Market, By Region
3.1.2 Antifreeze OE Market, By Vehicle Type
3.1.3 Antifreeze OE Market, By Product
3.1.4 Antifreeze OE Market — Country-Wise Growth Trends
3.1.5 Antifreeze Additive OE Market, By Technology, 2016 Vs. 2021
3.1.6 Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2016 Vs. 2021
3.1.7 Construction Equipment Engine Coolant Market, By Application & Region, 2016 Vs. 2021

4 Premium Insights
4.1 Attractive Opportunities In Automotive Antifreeze OE Market
4.2 Antifreeze OE Market, By Region, 2016 Vs. 2021 (USD Million)
4.3 Antifreeze OE Market, By Vehicle Type, 2016 Vs. 2021
4.4 Antifreeze OE Market, By Product, 2016 Vs. 2021
4.5 Antifreeze Additive Technology Oe Market, By Volume, 2016 Vs. 2021
4.6 Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2016
4.7 Construction Equipment Engine Coolant Market, By Region, 2016 Vs. 2021

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Vehicle Production And Parc Fueling The Oe And Aftermarket For Antifreeze And Engine Coolant
5.2.1.2 Increasing Sales Of Construction Equipment Driving The Demand For Engine Coolant And Antifreeze
5.2.2 Restraints
5.2.2.1 Growing Demand For Battery-Operated Electric Vehicles
5.2.3 Opportunities
5.2.3.1 Environment-Friendly And Bio-Based Coolants And Antifreeze
5.2.4 Challenges
5.2.4.1 Engine Downsizing Leading To Decreased Demand For Engine Coolant And Antifreeze
5.2.4.2 Recycling Of Engine Coolant And Antifreeze
5.2.4.3 Fluctuating Raw Material Price Influencing The Engine Coolant And Antifreeze Market
5.3 Burning Issue
5.3.1 Disposal Of Engine Coolant
5.4 Porter's Five Forces Analysis
5.4.1 Competitive Rivalry
5.4.2 Competitive Threat Of New Entrants
5.4.3 Threat Of Substitutes
5.4.4 Bargaining Power Of Suppliers
5.4.5 Bargaining Power Of Buyers
 
6 Automotive Antifreeze OE Market, By Product & Region
6.1 Introduction
6.2 Automotive Antifreeze Market, By Product
6.2.1 Ethylene Glycol Market For Automotive Antifreeze, By Region
6.2.2 Propylene Glycol Market For Automotive Antifreeze, By Region
6.2.3 Glycerin Market For Automotive Antifreeze, By Region

7 Automotive Antifreeze Market, By Additive Technology And Region
7.1 Introduction
7.2 Automotive Antifreeze Market, By Additive Technology
7.2.1 Automotive Antifreeze Iat Market, By Region
7.2.2 Automotive Antifreeze Hoat Market, By Region
7.2.3 Automotive Antifreeze Oat Market, By Region

8 Engine Coolant Aftermarket, By Technology, Region & Vehicle Type
8.1 Introduction
8.2 Engine Coolant Aftermarket, By Additive Technology & Vehicle Type
8.2.1 Asia Oceania: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type
8.2.2 Europe: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type
8.2.3 North America: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type
8.2.4 Row: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type
9 Construction Equipment Engine Coolant Market, By Application And Region
9.1 Introduction
9.2 Construction Equipment Engine Coolant Market, By Region
9.3 Construction Equipment Engine Coolant Market, By Application
9.3.1 Asia–Oceania: Construction Equipment Engine Coolant Market, By Application
9.3.2 Europe: Construction Equipment Engine Coolant Market, By Application
9.3.3 North America: Construction Equipment Engine Coolant Market, By Application
9.3.4 Row: Construction Equipment Engine Coolant Market, By Application
 
10 Automotive Antifreeze Market, By Region & Vehicle Type
10.1 Introduction
10.2 Automotive Antifreeze Oe Market, By Region
10.3 Automotive Antifreeze Oe Market, By Vehicle Type
10.3.1 Asia–Oceania: Automotive Antifreeze Oe Market, By Country & Vehicle Type
10.3.1.1 China: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.1.2 India: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.1.3 Japan: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.1.4 South Korea: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.1.5 Rest Of Asia Oceania: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.2 Europe: Automotive Antifreeze Oe Market, By Country & Vehicle Type
10.3.2.1 France: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.2.2 Germany: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.2.3 U.K.: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.2.4 Rest Of Europe: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.3 North America: Automotive Antifreeze Oe Market, By Country & Vehicle Type
10.3.3.1 U.S.: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.3.2 Canada: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.3.3 Mexico: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.4 Rest Of The World (Row): Automotive Antifreeze Oe Market, By Country & Vehicle Type
10.3.4.1 Brazil: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.4.2 Russia: Automotive Antifreeze Oe Market, By Vehicle Type
10.3.4.3 Row Others: Automotive Antifreeze Oe Market, By Vehicle Type

11 Competitive Landscape
11.1 Introduction
11.2 Segmental Revenue Of Top 5 Suppliers Of Automotive Antifreeze & Engine Coolant
11.3 Competitive Situation & Trends
11.3.1 Market Evolution Framework – Significant Supply
11.4 New Product Development
11.5 Supply Contracts/Partnerships/Agreements
11.6 Expansions
 
12 Company Profiles
(Business Overview, Product Offered, Recent Developments, Swot Analysis, Mnm View)*
12.1 Introduction
12.2 Bp P.L.C.
12.3 Royal Dutch Shell Plc
12.4 Total
12.5 Chevron Corporation
12.6 Exxon Mobil Corporation
12.7 China Petrochemical Corporation
12.8 Basf Se
12.9 Cummins Inc.
12.10 Motul
12.11 Prestone Products Corporation
*Details On Business Overview, Product Offered, Recent Developments, Swot Analysis, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

13 Key Innovators
13.1 Introduction
13.2 Dupont Tate & Lyle Bio Products
13.2.1 Company Overview
13.2.2 Key Innovation
13.2.3 Impact Of Innovation On Antifreeze And Engine Coolant Market
13.3 Recochem Inc.
13.3.1 Company Overview
13.3.2 Key Innovation
13.3.3 Impact Of Innovation On Antifreeze And Engine Coolant Market
13.4 Evans Cooling Systems, Inc.
13.4.1 Company Overview
13.4.2 Key Innovation
13.4.3 Impact Of Innovation On Antifreeze And Engine Coolant Market

14 Appendix
14.1 Insights Of Industry Experts
14.2 Discussion Guide
14.3 Available Customizations
14.3.1 Hcv Antifreeze Oe Market, By Country & Vehicle Type
14.3.1.1 Truck
14.3.1.2 Bus
14.3.2 Commercial Vehicle Engine Coolant Aftermarket, By Region & Vehicle Type
14.3.2.1 Lcv
14.3.2.2 Hcv
14.3.3 Off-Highway Engine Coolant Market, By Application & Region
14.3.3.1 Agricultural Tractors
14.3.4 Engine Coolant Additive Market, By Technology & Country
14.3.4.1 Iat
14.3.4.2 Oat
14.3.4.3 Hoat
14.3.5 Automotive Antifreeze Market, By Product & Country
14.3.5.1 Ethylene Glycol
14.3.5.2 Propylene Glycol
14.3.5.3 Glycerin
14.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.5 Related Reports
14.6 Author Details

List of Tables
Table 1 Average American Dollar Exchange Rates
Table 2 Nano Coolants With Improved Thermal Performance for Downsized Engines
Table 3 Comparative Analysis of Engine Coolant Recycling Methods
Table 4 Porter’s Five Forces Analysis
Table 5 Automotive Antifreeze Market, By Product, 2014-2021 (Million Gallons)
Table 6 Automotive Antifreeze Market, By Product, 2014-2021 (USD Million)
Table 7 Ethylene Glycol Market for Automotive Antifreeze, By Region, 2014-2021 (Million Gallons)
Table 8 Ethylene Glycol Market in Automotive Antifreeze, By Region, 2014-2021 (USD Million)
Table 9 Propylene Glycol Market for Automotive Antifreeze, By Region, 2014-2021 (Million Gallons)
Table 10 Propylene Glycol Market for Automotive Antifreeze, By Region, 2014-2021 (USD Million)
Table 11 Glycerin Market for Automotive Antifreeze, By Region, 2014-2021 (Million Gallons)
Table 12 Glycerin Market for Automotive Antifreeze, By Region, 2014-2021 (USD Million)
Table 13 Automotive Antifreeze Market, By Additive Technology, 2014-2021 (Thousand Gallons)
Table 14 Automotive Antifreeze IAT Market, By Region, 2014-2021 (Thousand Gallons)
Table 15 Automotive Antifreeze HOAT Market, By Region, 2014-2021 (Thousand Gallons)
Table 16 Automotive Antifreeze OAT Market, By Region, 2014-2021 (Thousand Gallons)
Table 17 Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (Million Gallons)
Table 18 Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (USD Million)
Table 19 Asia-Oceania: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (Million Gallons)
Table 20 Asia-Oceania: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (USD Million)
Table 21 Europe: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (Million Gallons)
Table 22 Europe: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (USD Million)
Table 23 North America: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (Million Gallons)
Table 24 North America: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (USD Million)
Table 25 RoW: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (Million Gallons)
Table 26 RoW: Engine Coolant Aftermarket, By Additive Technology & Vehicle Type, 2014-2021 (USD Million)
Table 27 Construction Equipment Engine Coolant Market, By Region, 2014-2021 (Thousand Gallons)
Table 28 Construction Equipment Engine Coolant Market, By Region, 2014-2021 (USD Million)
Table 29 Construction Equipment Engine Coolant Market, By Application, 2014-2021 (Thousand Gallons)
Table 30 Construction Equipment Engine Coolant Market, By Application, 2014-2021 (USD Million)
Table 31 Asia-Oceania: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (Thousand Gallons)
Table 32 Asia-Oceania: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (USD Thousand)
Table 33 Europe: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (Thousand Gallons)
Table 34 Europe: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (USD Thousand)
Table 35 North America: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (Thousand Gallons)
Table 36 North America: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (USD Thousand)
Table 37 RoW: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (Thousand Gallons)
Table 38 RoW: Construction Equipment Engine Coolant Market, By Application, 2014-2021 (USD Thousand)
Table 39 Average Ratio of Antifreeze to Water in Engine Coolant, By Temperature Zones
Table 40 Automotive Antifreeze Market, By Region, 2014-2021 (Million Gallons)
Table 41 Automotive Antifreeze Market Size, By Region, 2014-2021 (USD Million)
Table 42 Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 43 Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 44 Asia-Oceania: Automotive Antifreeze Market, By Country, 2014-2021 (Million Gallons)
Table 45 Asia-Oceania: Automotive Antifreeze Market, By Country, 2014-2021 (USD Million)
Table 46 Asia-Oceania: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 47 Asia-Oceania: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 48 China: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 49 China: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 50 India: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (Million Gallons)
Table 51 India: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 52 Japan: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 53 Japan: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 54 South Korea: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 55 South Korea: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 56 Rest of Asia-Oceania: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 57 Rest of Asia-Oceania: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 58 Europe: Automotive Antifreeze OE Market, By Country, 2014-2021 (Million Gallons)
Table 59 Europe: Automotive Antifreeze Market, By Country, 2014-2021 (USD Million)
Table 60 Europe: Automotive Antifreeze OE Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 61 Europe: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 62 France: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (Million Gallons)
Table 63 France: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 64 Germany: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 65 Germany: Automotive Antifreeze OE Market, By Vehicle Type, 2014-2021 (USD Million)
Table 66 U.K.: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (Million Gallons)
Table 67 U.K.: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 68 Rest of Europe: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (Million Gallons)
Table 69 Rest of Europe: Automotive Antifreeze Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 70 North America: Automotive Antifreeze Market, By Country, 2014-2021 (Million Gallons)
Table 71 North America: Automotive Antifreeze Market, By Country, 2014-2021 (USD Million)
Table 72 North America: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 73 North America: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 74 U.S.: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 75 U.S.: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 76 Canada: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 77 Canada: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 78 Mexico: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 79 Mexico: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 80 Rest of the World: Automotive Antifreeze Market, By Country, 2014-2021 (Million Gallons)
Table 81 Rest of the World: Automotive Antifreeze Market, By Country, 2014-2021 (USD Million)
Table 82 Rest of the World: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 83 Rest of the World: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 84 Brazil: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 85 Brazil: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 86 Russia: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 87 Russia: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 88 RoW Others: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (Million Gallons)
Table 89 RoW Others: Automotive Antifreeze Market, By Vehicle Type, 2014-2021 (USD Million)
Table 90 New Product Development, 2015-2016
Table 91 Supply Contracts/Partnerships/Agreements, 2012-2016
Table 92 Expansions, 2016-2017
Table 93 Key Innovators, Innovations, and Impact on Antifreeze and Engine Coolant Market

List of Figures
Figure 1 Automotive Antifreeze Market: Research Design
Figure 2 Research Design Model
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Increasing Trend of Per Capita Income for Key Countries, 2013-2015
Figure 5 Road Network vs Passenger Car Sales
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach (Automotive Antifreeze OE Market)
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach (Automotive Engine Coolant Aftermarket)
Figure 8 Market Size Estimation Methodology: Top-Down Approach (Automotive Antifreeze OE Market, By Product)
Figure 9 North America Region Estimated to Dominate the Antifreeze Market, 2016 vs 2021 (USD Million)
Figure 10 Light Commercial Vehicle Segment Estimated to Dominate the Automotive Antifreeze Market, 2016 vs 2021 (USD Million)
Figure 11 Ethylene Glycol Base Product Estimated to Dominate the Automotive Antifreeze Market , 2016 vs 2021 (USD Million)
Figure 12 China Projected to Be the Fastest Growing Market During the Forecast Period, 2016-2021 (USD Million)
Figure 13 OAT Segment Estimated to Dominate the Antifreeze Additive OE Market, 2016 vs 2021 (Thousand Gallons)
Figure 14 HOAT & OAT Additive Technology Projected to Dominate the Aftermarket for Engine Coolant (USD Million)
Figure 15 Crawler Excavator is Estimated to Dominate the Construction Equipment Engine Coolant Market (USD Million)
Figure 16 Growing Automotive Production Across the Globe to Drive the Automotive Antifreeze Market OE Market, By Value
Figure 17 North America to Register the Highest Growth During the Forecast Period
Figure 18 Passenger Car Segment Expected to Dominate the Automotive Antifreeze Market for Original Equipment During the Forecast Period
Figure 19 Increasing Demand for Bio Based Fluids to Drive the Market for Propylene and Glycerin Products
Figure 20 Demand for Biodegradable and Non Toxic Additives is Influencing the Demand for OAT and HOAT Engine Coolant
Figure 21 Increasing Average Age and Miles Travelled is Driving the Aftermarket for Engine Coolant in the Automotive Industry
Figure 22 Asia-Oceania Expected to Lead the Market for Construction Equipment Engine Coolant
Figure 23 Antifreeze and Engine Coolant: Market Dynamics
Figure 24 Increasing Vehicle Production in Key Countries Influence the OE Market for Antifreeze and Engine Coolant
Figure 25 Increasing Vehicles on Road Driving the Engine Coolant Aftermarket
Figure 26 Construction Equipment Sales, By Region, 2015-2021 (‘000 Units)
Figure 27 Battery Operated Electric Passenger Car Sales (Units)
Figure 28 Comparison of Freezing Point of 1, 3-Propanediol (PDO) and Ethylene Glycol (EG)
Figure 29 Comparative Analysis of Glycol Degradation
Figure 30 Crude Oil Price Forecast, 2013-2021
Figure 31 Techniques for Engine Coolant Recycling
Figure 32 Porter’s Five Forces Analysis: Automotive Antifreeze Market
Figure 33 Intensity of Competitive Rivalry in the Automotive Antifreeze Market is Considered Medium
Figure 34 Large Number of Players in the Market Leads to A Medium Degree of Competition in the Automotive Antifreeze Market
Figure 35 Easy Availability of Chemical Suppliers Makes the Threat of New Entrants High
Figure 36 Engine Coolant Presence Mandatory Makes the Threat of Substitutes Low
Figure 37 Large Number of Suppliers Makes the Bargaining Power of Suppliers Medium
Figure 38 Large Number of Suppliers Available in the Market Makes the Bargaining Power of Buyers High
Figure 39 Ethylene Glycol is Expected to Hold the Largest Market Size, 2016 vs 2021 (Million Gallons)
Figure 40 OAT is Expected to Hold the Largest Market Size, 2016-2021 (Thousand Gallons)
Figure 41 IAT Technology in the Engine Coolant Aftermarket Have the Largest Market Size, 2016 vs 2021 (Million Gallons)
Figure 42 Crawler Excavators to Constitute the Largest Market Size in the Construction Equipment Engine Coolant Market, 2016-2021 (Thousand Gallons)
Figure 43 Automotive Antifreeze Market Outlook, By Region, 2016-2021
Figure 44 Asia-Oceania: Automotive Antifreeze Market Snapshot
Figure 45 Germany Expected to Be the Largest Market for Automotive Antifreeze Market in Europe, 2016 vs 2021 (USD Million)
Figure 46 North America: Automotive Antifreeze Market Snapshot
Figure 47 Rest of the World (RoW) Automotive Antifreeze Market: Regional Snapshot, 2016 vs 2021 (Million Gallons)
Figure 48 Companies Adopted New Product Launch as the Key Growth Strategy, 2010-2016
Figure 49 Growth in Segmental Revenue From 2013 to 2015
Figure 50 New Product Development Boosted Growth From 2012 to 2017
Figure 51 Battle for Market Share: New Product Development is the Key Strategy
Figure 52 BP P.L.C.: Company Snapshot
Figure 53 BP P.L.C.: SWOT Analysis
Figure 54 Royal Dutch Shell PLC: Company Snapshot
Figure 55 Royal Dutch Shell PLC: SWOT Analysis
Figure 56 Total: Company Snapshot
Figure 57 Total: SWOT Analysis
Figure 58 Chevron Corporation: Company Snapshot
Figure 59 Chevron Corporation: SWOT Analysis
Figure 60 Exxon Mobil Corporation: Company Snapshot
Figure 61 Exxon Mobil Corporation: SWOT Analysis
Figure 62 China Petrochemical Corporation: Company Snapshot
Figure 63 BASF SE: Company Snapshot
Figure 64 Cummins Inc.: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF SE
  • BP P.L.C.
  • Chevron Corporation
  • Cummins Inc.
  • Exxon Mobil Corporation
  • Motul
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The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% during the forecast period, to reach USD 885.1 Million by 2021. The increase in vehicle sales and production is expected to drive the demand for the antifreeze market. In addition, growing vehicle parc and increase in miles traveled per year per country are the key factors fueling the demand for antifreeze in the aftermarket.

The market for antifreeze, by value, is projected to grow at the fastest rate in the light commercial vehicle (LCV) segment. While passenger cars dominated the antifreeze market in 2016, light commercial vehicles are expected to dominate the market by 2021. The antifreeze market in LCV segment is expected to grow at a CAGR of 5.62% during the forecast period. This is due to the increase in production of this segment of vehicles, especially in the U.S., and the higher quantity of coolant required for these vehicles as compared to passenger cars.

Ethylene glycol is expected to dominate the base product market for antifreeze in the automotive industry. This is due to its efficient thermal properties, which make it suitable for extremely cold regions, along with its economical prices. Regions such as Asia-Oceania, North America, and Rest of the World (RoW) still witness a large market share of ethylene glycol for automotive antifreeze, making it a market leader in the base product market for automotive antifreeze.

Organic Acid Technology (OAT) is the largest as well as the fastest growing additive technology for the antifreeze market in the automotive industry. In the initial years, Inorganic Acid Technology (IAT) was used as the only additive technology in antifreeze. However, with technological advancements, these technologies also saw a shift to more sustainable options such as OAT and Hybrid Organic Acid Technology (HOAT). OAT antifreeze provides improved protection from corrosion and has properties that make it suitable for aluminum engines. Almost all the OEMs in developed regions such as North America have started using OAT engine coolant. Also, developing regions such as Asia-Oceania are gradually shifting their antifreeze needs toward OAT.

Although the HOAT segment dominates the engine coolant aftermarket, OAT is projected to lead the market by 2021 and is the fastest growing segment as well. HOAT has the largest market share in developed regions such as Europe and North America. However, the trend for OAT based engine coolant is rising and is expected to dominate the market by 2021. This is due to its improved corrosion protection technologies, longer service life of 150,000 miles for passenger cars, and about 300,000 miles for commercial vehicles. Also, OAT based engine coolants are environment-friendly and biodegradable, further boosting their presence in the aftermarket.

The crawler excavator application dominates the construction equipment engine coolant market. These excavators are used in various industries such as construction, mining, and agriculture. The construction industry has witnessed a boom in the market owing to growth in the housing sector. According to the Dodge Report of McGraw-Hill Construction, the residential housing increased by 20% in 2015, as compared to 2014. Hence, several companies are developing new models of excavators to cater to the rising demand. For instance, Caterpillar, Inc. recently launched two new excavator models in the U.S.

North America is estimated to be the fastest growing and largest antifreeze market for the automotive industry. The demand for light trucks and vans has grown rapidly in this region, and the vehicle production is projected to register the highest CAGR of 6.02% from 2015 to 2020. The rise in domestic demand for SUVs and light trucks has prompted OEMs to invest in expanding production, which has had a direct impact on the automotive antifreeze market. The region is dominated by domestic OEMs such as Ford Motors Co., General Motors Co., and Fiat-Chrysler Automotive along with established European and Japanese OEMs. Thus, the antifreeze market is estimated to be the largest in the North American region.

The growing demand for battery-operated electric vehicles and the introduction of coolants with extended service life are restraining the original equipment and aftermarket for automotive antifreeze, respectively. The European and North American governments have been supporting the electric vehicle sales by bringing various tax policies for buyers and investing in charging stations for electric vehicles. On the other hand, players such as Delo Performance (U.S.) and Caltex (Australia) are introducing engine coolant products with a service life of around 750,000 miles or 4 to 5 years, which is influencing the aftermarket for antifreeze. Additionally, these coolants do not require the addition of supplemental corrosion additives in due course of time. Thus, the introduction of extended life engine coolants is likely to restrict the growth of the engine coolant in the aftermarket. The antifreeze market for the automotive industry is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are B.P. PLC (U.K.), Royal Dutch Shell PLC (Netherlands), Total (France), Chevron Corporation (U.S.), and Exxon Mobil Corporation (U.S.).

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  • BASF SE
  • BP P.L.C.
  • Chevron Corporation
  • China Petrochemical Corporation
  • Cummins Inc.
  • Dupont Tate & Lyle Bio Products
  • Evans Cooling Systems, Inc.
  • Exxon Mobil Corporation
  • Motul
  • Prestone Products Corporation
  • Recochem Inc.
  • Royal Dutch Shell PLC
  • Total
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