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市场调查报告书
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1624935

全球防冻剂/冷却剂市场规模(按产品、技术、应用、地区、范围和预测)

Global Antifreeze/Coolant Market Size By Product (Ethylene Glycol, Propylene Glycol, Glycerin), By Technology (OAT, HOAT, IAT), By Application (Automotive, Aerospace, Industrial Heat Transfer & Cooling Systems), By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

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简介目录

防冻剂/冷却剂市场规模及预测

防冻剂/冷却剂市场规模预计在 2024 年达到 53.1 亿美元,到 2031 年将达到 63.2 亿美元,2024 年至 2031 年的复合年增长率为 2.2%。防冻剂,通常称为冷却剂,是一种主要由水和乙二醇或丙二醇等化学添加剂组成的液体,旨在降低液体的冰点并提高其沸点。此特性有助于在各种环境下正确管理引擎温度,防止过热和冻结,从而避免严重的引擎损坏。防冻剂在汽车应用中至关重要,因为它流经引擎和散热器来散热。它也用于暖通空调系统、太阳能热水器和工业操作,以保持最佳热性能并防止冷却系统腐蚀。

全球防冻剂/冷却剂市场动态

主要市场驱动因子

不断发展的汽车产业:

汽车工业的成长:全球汽车工业的成长是防冻剂/冷却剂市场的主要驱动力。根据国际汽车製造商组织(OICA)预测,2021年全球汽车产量将达8,010万辆,较2020年成长3%。汽车产量的增加与防冻剂/冷却剂产品需求的增加有直接关係。

对电动车的需求不断增加:

电动车(EV)的普及正在推动防冻剂/冷却剂市场的发展。电动车需要特殊的冷却剂来控制电池的温度。根据国际能源总署(IEA)的数据,到2021年全球电动车销量将成长四倍以上,达到660万辆,占全球汽车产业的近9%。预计这一趋势将持续下去,推动对改进冷却解决方案的需求。

更重视燃油效率与减少排放:

严格的燃油经济性和污染法规促使製造商建立更有效率的冷却系统,从而带来防冻剂/冷却剂领域的技术创新。美国环保署 (EPA) 和国家公路交通安全管理局 (NHTSA) 制定了企业平均燃油经济性 (CAFE) 指导方针,规定到 2026 年乘用车的行业平均燃油经济性为每加仑 40.4 英里。这些监管压力正在推动对能够提高车辆整体效率的高性能冷却剂的需求。

主要问题

环境法规:

环境法规:环境法规对防冻剂/冷却剂市场施加了重大限制。为了减少对环境的影响,特别是在地下水污染方面,正在製定严格的法规来限制防冻产品的处理、处置和成分。这些法律增加了生产成本,限制了配方中可使用的化学品类型,从而限制了市场扩张和产品开发的创新。

健康问题:

对防冻剂/冷却剂产品的健康问题也限制了市场的成长。某些化学物质,例如乙二醇,具有毒性,如果食用或处理不当会对健康产生严重影响。这给生产者和消费者都带来了安全问题,促使审查更加严格和潜在的责任问题,并抑制了市场的投资和创新。

主要趋势:

对环保防冻剂/冷却剂的需求不断增加:

市场对环保防冻剂/冷却剂的需求日益增加。随着客户和监管机构的环保意识不断增强,他们正在寻找对环境影响较小的产品。这包括创造和使用生物基冷却剂和无磷酸盐配方,它们被认为是更安全的替代品。这一趋势反映了汽车和工业领域对永续发展的更广泛承诺,推动了创新和市场成长。

电动车(EV)的兴起:

电动车(EV)的兴起将对防冻剂/冷却剂市场产生重大影响。传统汽车需要传统的冷却剂来调节引擎温度,而电动车则使用多种热管理技术。随着这种转变,製造商正在研究特定于电动车应用的新配方和技术,包括电池的热管理解决方案。随着电动车产业的扩大,这将为防冻冷却液製造商调整其产品带来课题和机会。

技术进步:

防冻剂/冷却剂配方的技术进步正在影响市场趋势。有机酸技术(OAT)和混合有机酸技术(HOAT)因其使用寿命延长和性能提升而越来越受欢迎。这些方法减少了腐蚀并提高了热效率,使其适用于目前的汽车和工业应用。冷却剂技术的持续创新有望推动市场扩张并满足日益复杂的冷却系统的需求。

目录

第 1 章简介

  • 市场定义
  • 市场区隔
  • 研究方法

第 2 章执行摘要

  • 主要发现 市场概况
  • 市场亮点

第3章 市场概览

  • 市场规模与成长潜力
  • 市场趋势
  • 市场推动因素
  • 市场限制
  • 市场机会
  • 波特五力分析
第 4 章防冻剂/冷却剂市场(依产品类型)
  • 乙二醇
  • 丙二醇
  • 甘油
  • 其他

第 5 章防冻剂/冷却剂市场(按应用)
  • 汽车
  • 工业

第6章 防冻剂/冷却剂市场(按技术)

  • 无机添加剂技术 (IAT)
  • 有机酸技术 (OAT)
  • 混合有机酸技术(HOAT)
  • 其他

第 7 章 区域分析

  • 北美洲
  • 美国
  • 加拿大
  • 墨西哥
  • 欧洲
  • 英国
  • 德国
  • 法国
  • 义大利 亚太地区
  • 中国
  • 日本
  • 印度
  • 澳大利亚
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中东和非洲
  • 南非
  • 沙乌地阿拉伯
  • 阿拉伯联合大公国

第 8 章 市场动态

  • 市场推动因素
  • 市场限制
  • 市场机会
  • COVID-19 市场影响

第 9 章 竞争格局

  • 大型公司
  • 市占率分析

第10章 公司简介

  • Prestone Products Corporation
  • Chevron Corporation
  • Royal Dutch Shell plc
  • Total S.A.
  • Exxon Mobil Corporation

第 11 章 市场展望与机会

  • 新兴技术
  • 未来市场趋势
  • 投资机会

第 12 章附录

  • 缩写列表
  • 来源与参考文献
简介目录
Product Code: 25388

Antifreeze/Coolant Market Size And Forecast

Antifreeze/Coolant Market size was valued at USD 5.31 Billion in 2024 and is projected to reach USD 6.32 Billion by 2031, growing at a CAGR of 2.2% from 2024 to 2031. Antifreeze, commonly known as coolant, is a fluid combination mostly made up of water and chemical additives such as ethylene glycol or propylene glycol that are intended to lower the freezing point and raise the boiling point of the liquid. This property enables it to properly manage engine temperatures in a variety of settings, preventing overheating and freezing, which can result in serious engine damage. Antifreeze is essential in automotive applications because it flows through the engine and radiator to dissipate heat. It is also used in HVAC systems, solar water heaters, and industrial operations to maintain optimal thermal performance and prevent corrosion in cooling systems.

Global Antifreeze/Coolant Market Dynamics

The key market dynamics that are shaping the antifreeze/coolant market include:

Key Market Drivers

Growing Automotive Industry:

The rising global automobile sector is a significant driver of the antifreeze/coolant market. According to the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production reached 80.1 million units in 2021, up 3% from 2020. This rise in vehicle production is directly related to increased demand for antifreeze/coolant products.

Rising Demand for Electric Vehicles:

The rise in electric vehicle (EV) adoption is driving the antifreeze/coolant market. EVs require specialized coolants for battery temperature management. According to the International Energy Agency (IEA), worldwide electric vehicle sales more than quadruple to 6.6 million by 2021, accounting for nearly 9% of the global car industry. This trend is projected to continue, increasing the demand for improved cooling solutions.

Increasing Focus on Fuel Efficiency and Emission Reduction:

Stringent fuel efficiency and pollution rules are causing manufacturers to build more efficient cooling systems, resulting in innovation in the antifreeze/coolant sector. The United States Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have established Corporate Average Fuel Economy (CAFE) guidelines, to achieve an industry-wide average of 40.4 miles per gallon for passenger cars by 2026. This regulatory pressure is driving up demand for high-performance coolants, which can boost total vehicle efficiency.

Key Challenges:

Environmental Regulations:

Environmental regulations impose considerable restrictions on the antifreeze/coolant market. Stricter restrictions limiting the handling, disposal, and composition of antifreeze products are being enacted to reduce their environmental impact, particularly in terms of groundwater contamination. These laws raise production costs and restrict the types of chemicals that can be used in formulations, limiting market expansion and innovation in product development.

Health Concerns:

Health concerns about antifreeze/coolant products also limit market growth. Certain chemicals, such as ethylene glycol, are poisonous and have major health consequences if consumed or handled carelessly. This raises safety concerns for both producers and customers, resulting in heightened scrutiny and potential liability difficulties, which discourage investment and innovation in the market.

Key Trends:

Increasing Demand for Environmentally Friendly Antifreeze/Coolant:

The market is witnessing an increase in demand for environmentally friendly antifreeze/coolants. As customers and regulatory agencies become more environmentally sensitive, there is a trend towards items with less environmental impact. This involves the creation and use of bio-based coolants and phosphate-free formulations, which are seen as safer alternatives. The trend reflects a broader commitment to sustainability in the automotive and industrial sectors, which promotes innovation and market growth.

Rise of Electric Vehicles (EVs):

The rise of electric vehicles (EVs) has a substantial impact on the antifreeze/coolant market. Traditional automobiles require conventional coolants to regulate engine temperature, whereas EVs use various thermal management technologies. This transition is leading manufacturers to investigate novel formulas and technology specifically designed for EV applications, such as battery thermal management solutions. As the electric vehicle industry increases it presents both challenges and opportunities for antifreeze coolant producers to adapt their offerings.

Technological Advancements:

Technological advancements in antifreeze/coolant formulations are influencing market trends. Organic Acid Technology (OAT) and Hybrid Organic Acid Technology (HOAT) are gaining popularity due to their extended service life and improved performance. These methods reduce corrosion and enhance thermal efficiency, making them more suitable for current cars and industrial uses. The ongoing innovation of coolant technology is projected to promote market expansion and suit the needs of increasingly advanced cooling systems.

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Global Antifreeze/Coolant Market Regional Analysis

Here is a more detailed regional analysis of the antifreeze/coolant market:

Asia Pacific:

According to Verified Market Research, the Asia Pacific region is estimated to dominate the antifreeze/coolant market over the forecast period. The Asia Pacific region, particularly China and India, is experiencing a major expansion in vehicle production, fueling demand for antifreeze/coolant products. According to the International Organization of Motor Vehicle Manufacturers (OICA), China alone built 26.08 million automobiles in 2021, accounting for roughly 33% of world output. India's production hit 4.4 million units in the same year, cementing the region's supremacy in the automobile sector and, as a result, the antifreeze/coolant market.

Furthermore, rapid industrialization and urbanization in Asia Pacific countries are increasing demand for antifreeze/coolants in applications other than automotive. According to the United Nations, Asia's urban population is expected to increase from 2.2 billion in 2020 to 3.5 billion by 2050. This urbanization trend is followed by a growth in industrial activity, notably in industries such as construction and manufacturing, which require coolants for diverse machinery and equipment. For example, the National Bureau of Statistics of China reported that China's industrial production increased by 3.6% year on year in 2022, indicating a steady rise in industrial activities that drive coolant demand.

North America:

North America is estimated to exhibit substantial growth within the antifreeze/coolant market during the forecast period. North America, particularly the United States, has a high rate of vehicle ownership and an aging fleet, which increases demand for antifreeze/coolant products. According to the Bureau of Transportation Statistics, there were 276 million registered automobiles in the United States in 2019. S&P Global Mobility reports that the average age of light vehicles on US roads reached a record high of 12.2 years in 2022. This aged fleet necessitates more frequent maintenance, including coolant replacements, which benefits the antifreeze/coolant market.

Furthermore, North America has a wide range of climatic conditions, many of which are extreme, necessitating the usage of high-performance antifreeze/coolants. According to the National Oceanic and Atmospheric Administration (NOAA), 2021 was the fourth-warmest year on record for the contiguous United States, with an average temperature of 54.5°F (2.5°F above the 20th-century average). In contrast, numerous locations face severe cold, with the United States witnessing an average of 1,311 blizzards per year, according to NOAA's Storm Prediction Center. These high-temperature swings increase the demand for dependable antifreeze/coolant products that can withstand both hot and cold temperatures.

Europe:

Europe region is estimated to exhibit significant growth within the market during the forecast period. Europe's stringent environmental policies are driving up demand for more environmentally friendly and efficient antifreeze/coolant solutions. According to the European Environment Agency, the EU has set aggressive targets to reduce CO2 emissions from new vehicles and vans by 37.5% and 31%, respectively, by 2030 compared to 2021 levels. This effort for fewer emissions is encouraging manufacturers to develop sophisticated cooling systems and more efficient coolants, hence supporting market growth.

Furthermore, Europe's aging vehicle fleet is driving up demand for antifreeze/coolant products. According to the European Automobile Manufacturers' Association (ACEA), the average age of passenger vehicles in the EU was 11.8 years in 2019. In nations like Poland and Estonia, the average car age is more than 14 years. This aged fleet necessitates more frequent maintenance and coolant changes, which expands the antifreeze/coolant market.

Global Antifreeze/Coolant Market: Segmentation Analysis

The Antifreeze/Coolant Market is segmented based on Product, Technology, Application, and Geography.

Antifreeze/Coolant Market, By Product

  • Ethylene Glycol
  • Propylene Glycol
  • Glycerin

Based on Product, the market is segmented into Ethylene Glycol, Propylene Glycol, and Glycerin. The ethylene glycol segment is estimated to dominate the antifreeze/coolant market due to its low cost, adaptability, and effectiveness throughout a wide range of climatic conditions, making it the favored choice for automotive and industrial applications. Ethylene glycol's qualities enable it to perform efficiently in engine cooling systems, contributing to its widespread use. Furthermore, its recyclability increases its desirability, reinforcing its market leadership.

Antifreeze/Coolant Market, By Technology

  • OAT
  • HOAT
  • IAT

Based on Technology, the market is segmented into OAT, HOAT, and IAT. The organic acid technology (OAT) segment is estimated to dominate the antifreeze/coolant market during the forecast period due to OAT's higher performance qualities, which include a longer service life and improved corrosion prevention, making it ideal for modern automobiles. OAT formulas are free of silicates, making them more compatible with a variety of engine components. As the automobile industry implements more advanced cooling technologies, OAT's market position is likely to increase further, resulting in continuous growth and preference among consumers and manufacturers alike.

Antifreeze/Coolant Market, By Application

  • Automobile
  • Aerospace
  • Industrial Heat Transfer and Cooling Systems

Based on Application, the market is divided into Automobile, Aerospace, and Industrial Heat Transfer & Cooling Systems. The automotive segment is estimated to dominate the market over the forecast period. The increase in the number of motor vehicles operating and total miles driven per year directly correlates with the growth of the automotive engine coolant market, as antifreeze/coolants serve a mandatory role in a vehicle's engine cooling system. The expanding need for antifreeze coolants in the automobile industry, especially in Asia Pacific, is a major driver of this segment's domination.

Antifreeze/Coolant Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Antifreeze/Coolant Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is expected to dominate during the forecasted period owing to strong expansion in the automotive and manufacturing industries. Countries such as China, India, and Japan are major contributors to this trend, which is driven by rising income levels, urbanization, and an increase in the number of automobiles on the road. The growing automobile sector, combined with the need for efficient thermal management solutions, puts Asia Pacific as a leading participant in the worldwide antifreeze/coolant market.

Key Players

  • The "Antifreeze/Coolant Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
  • Prestone Products Corporation, Chevron Corporation, Royal Dutch Shell plc, Total S.A., and Exxon Mobil Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

  • Antifreeze/Coolant Market Recent Developments
  • In July 2024, Valvoline Inc. announced the release of their most recent line of environmentally friendly antifreeze and coolant products. These new formulations use advanced organic acid technology (OAT) to improve performance while minimizing environmental effects. The company seeks to meet the growing demand for environmentally friendly vehicle solutions while also strengthening its market position in the antifreeze segment.
  • In June 2024, Prestone Products Corporation reported that it had acquired cutting-edge coolant composition technology aimed at boosting heat transfer efficiency and corrosion resistance. This strategic initiative is expected to expand Prestone's product options and meet rising consumer demand for high-performance antifreeze solutions. The technology will be integrated into their current product lines by the end of 2024.

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Antifreeze/Coolant Market, By Product Type

  • Ethylene Glycol
  • Propylene Glycol
  • Glycerin
  • Others

5. Antifreeze/Coolant Market, By Application

  • Automotive
  • Industrial

6. Antifreeze/Coolant Market, By Technology

  • Inorganic Additive Technology (IAT)
  • Organic Acid Technology (OAT)
  • Hybrid Organic Acid Technology (HOAT)
  • Others

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Prestone Products Corporation
  • Chevron Corporation
  • Royal Dutch Shell plc
  • Total S.A.
  • Exxon Mobil Corporation

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References