首頁 > 市場調查報告書 > 材料

市場調查報告書

商品編碼

1624935

全球防凍劑/冷卻劑市場規模（按產品、技術、應用、地區、範圍和預測）

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: 2024年08月05日 | 出版商:

Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格

簡介目錄

防凍劑/冷卻劑市場規模及預測

防凍劑/冷卻劑市場規模預計在 2024 年達到 53.1 億美元，到 2031 年將達到 63.2 億美元，2024 年至 2031 年的複合年增長率為 2.2%。防凍劑，通常稱為冷卻劑，是一種主要由水和乙二醇或丙二醇等化學添加劑組成的液體，旨在降低液體的冰點並提高其沸點。此特性有助於在各種環境下正確管理引擎溫度，防止過熱和凍結，從而避免嚴重的引擎損壞。防凍劑在汽車應用中至關重要，因為它流經引擎和散熱器來散熱。它也用於暖通空調系統、太陽能熱水器和工業操作，以保持最佳熱性能並防止冷卻系統腐蝕。

全球防凍劑/冷卻劑市場動態

主要市場驅動因子

不斷發展的汽車產業：

汽車工業的成長：全球汽車工業的成長是防凍劑/冷卻劑市場的主要驅動力。根據國際汽車製造商組織（OICA）預測，2021年全球汽車產量將達8,010萬輛，較2020年成長3%。汽車產量的增加與防凍劑/冷卻劑產品需求的增加有直接關係。

對電動車的需求不斷增加：

電動車（EV）的普及正在推動防凍劑/冷卻劑市場的發展。電動車需要特殊的冷卻劑來控制電池的溫度。根據國際能源總署（IEA）的數據，到2021年全球電動車銷量將成長四倍以上，達到660萬輛，佔全球汽車產業的近9%。預計這一趨勢將持續下去，推動對改進冷卻解決方案的需求。

更重視燃油效率與減少排放：

嚴格的燃油經濟性和污染法規促使製造商建立更有效率的冷卻系統，從而帶來防凍劑/冷卻劑領域的技術創新。美國環保署 (EPA) 和國家公路交通安全管理局 (NHTSA) 制定了企業平均燃油經濟性 (CAFE) 指導方針，規定到 2026 年乘用車的行業平均燃油經濟性為每加侖 40.4 英里。這些監管壓力正在推動對能夠提高車輛整體效率的高性能冷卻劑的需求。

主要問題

環境法規：

環境法規：環境法規對防凍劑/冷卻劑市場施加了重大限制。為了減少對環境的影響，特別是在地下水污染方面，正在製定嚴格的法規來限制防凍產品的處理、處置和成分。這些法律增加了生產成本，限制了配方中可使用的化學品類型，從而限制了市場擴張和產品開發的創新。

健康問題：

對防凍劑/冷卻劑產品的健康問題也限制了市場的成長。某些化學物質，例如乙二醇，具有毒性，如果食用或處理不當會對健康產生嚴重影響。這給生產者和消費者都帶來了安全問題，促使審查更加嚴格和潛在的責任問題，並抑制了市場的投資和創新。

主要趨勢：

對環保防凍劑/冷卻劑的需求不斷增加：

市場對環保防凍劑/冷卻劑的需求日益增加。隨著客戶和監管機構的環保意識不斷增強，他們正在尋找對環境影響較小的產品。這包括創造和使用生物基冷卻劑和無磷酸鹽配方，它們被認為是更安全的替代品。這一趨勢反映了汽車和工業領域對永續發展的更廣泛承諾，推動了創新和市場成長。

電動車（EV）的興起：

電動車（EV）的興起將對防凍劑/冷卻劑市場產生重大影響。傳統汽車需要傳統的冷卻劑來調節引擎溫度，而電動車則使用多種熱管理技術。隨著這種轉變，製造商正在研究特定於電動車應用的新配方和技術，包括電池的熱管理解決方案。隨著電動車產業的擴大，這將為防凍冷卻液製造商調整其產品帶來課題和機會。

技術進步：

防凍劑/冷卻劑配方的技術進步正在影響市場趨勢。有機酸技術（OAT）和混合有機酸技術（HOAT）因其使用壽命延長和性能提升而越來越受歡迎。這些方法減少了腐蝕並提高了熱效率，使其適用於目前的汽車和工業應用。冷卻劑技術的持續創新有望推動市場擴張並滿足日益複雜的冷卻系統的需求。

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.

What's inside a VMR industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

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.