Antifreeze industry analysis research and trends report for 2017- 2024

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Antifreeze industry analysis research and trends
report for 2017- 2024
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• Overview

• Antifreeze Market size is likely to witness
  significant gains over the foreseeable timeframe
  owing to growing automotive sector accompanied
  with increased usage of product in heat transfer
  applications. It is used in low temperature and
  adverse weather condition zones to prevent
  engines from freezing. 
• Global vehicle production surpassed 100 million
  units in 2016 and may exceed 140 million units by
  2024, registering over 4 growth. Positive
  application outlook in the automotive industry
  will drive antifreeze market size and may grow at
  a significant rate over the forecast timeframe.
• Increasing product usage in heating, ventilation
  and cooling (HVAC) for industrial and automotive
  sector may propel industry growth.
• The product is mainly used in automotive to
  prevent freezing and protect from corrosion. It
  is designed to remove excess heat from IC engine,
  for vehicles to operate in an efficient manner.
  Superior characteristics such as lubricating the
  cooling system and keeping the cooling water from
  boiling in summer and freezing in winter, may
  drive antifreeze market demand.

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• Ethylene glycol based antifreeze are used in
  hydraulic brakes, prevention of radiator
  overheating, and protecting radiator against
  freezing. Higher demand for ethylene glycol in
  heating cooling systems as heat conductor and
  increased usage in de-icing will further propel
  industry growth. 
• Economical prices, superior thermal properties
  and stringent regulations pertaining to
  replacement of toxic compounds will drive
  propylene glycol based antifreeze market size.
  Propylene glycol has excellent heat transfer
  properties and is non-toxic, cost-effective and
  highly compatible compared to its counterparts,
  thereby stimulating product demand.
• Hybrid organic acid technology (HOAT) is designed
  for usage in light heavy-duty diesel
  applications and automotive. HOAT is used as
  factory fill by automotive OEMs including BMW,
  Mercedes, Volvo and Mini Cooper owing to its
  excellent coolant to coolant compatibility.
• Technological advancements and superior
  properties such as excellent wet sleeve liner
  cavitation protection and good high temperature
  aluminium performance should trigger antifreeze
  market growth. 

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• 360 Analysis

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• Increasing application outlook in aerospace and
  construction industries will boost product
  demand. Growing demand for antifreeze in various
  commercial and industrial equipment owing to good
  thermal stability and low viscosity will
  influence industry growth.
• Strong investments in aerospace RD and presence
  of major players in France, UK, Poland and
  Germany along with rise in passenger travel
  demand and acceleration in equipment replacement
  cycle will stimulate aerospace market size,
  resulting into high product demand.
• North America driven by the U.S. antifreeze
  market size should register significant gains
  owing to rise in construction, defence,
  automotive and aerospace sectors. Strict norms
  regarding replacement of toxic compounds along
  with increasing production of light heavy-duty
  commercial vehicles should stimulate regional
  industry growth.
• Increasing product demand owing to adverse cold
  weather conditions coupled with availability of
  raw materials including propylene glycol,
  ethylene glycol, and glycerine will propel
  industry growth.

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Competitive Trends

• The notable industries Antifreeze are
• Royal Dutch Shell,
• BASF,
• BP,
• Exxon Mobil,
• Amsoil,
• DOW Chemicals,
• Chevron,
• Old World Industries,
• Total

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