Global and Japan Antifreeze and Coolants Market Insights, Forecast to 2027

An antifreeze is an additive, which lowers the freezing point of a water-based liquid. An antifreeze mixture is used to achieve freezing-point depression for cold environments. Common antifreezes increase the boiling point of the liquid, allowing higher coolant temperature. A coolant is a substance, typically liquid or gas, which used to reduce or regulate the temperature of a system.
By region, Asia-Pacific accounted for the highest share of consumption in 2019, at more than 34 percent. The leading producers in the industry are Prestone, Shell and ExxonMobil, accounting for 12.34%, 11.80% and 7.81% of revenues respectively.

Market Analysis and Insights: Global and Japan Antifreeze and Coolants Market
This report focuses on global and Japan Antifreeze and Coolants market.
In 2020, the global Antifreeze and Coolants market size was US$ 7544.6 million and it is expected to reach US$ 8489.5 million by the end of 2027, with a CAGR of 1.7% during 2021-2027. In Japan the Antifreeze and Coolants market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Antifreeze and Coolants Scope and Market Size
Antifreeze and Coolants market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Antifreeze and Coolants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Antifreeze and Coolants market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
Ethylene Glycol
Propylene Glycol
Glycerin
In the three types of Antifreeze and Coolants, Ethylene Glycol has the biggest revenue share during 2014-2019, which is always high of over 80%.

Segment by Application
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
According to the application, passenger car accounts for the highest proportion of consumption, over 67% in 2019.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Prestone
Shell
ExxonMobil
BP
Chevron Corporation
Total
BASF
CCI Corporate
Valvoline
CNPC
Sinopec
Engen
CAT
SONAX