Global Antifreeze Agents Market Share 2022 Growth Challenges, Opportunities and Future Trends 2028

The global antifreeze agents market is anticipated to grow at a significant CAGR during the forecast period (2022- 2028). Antifreeze agents also referred to as coolants that are added to water in several industries, such as automotive, oil and gas, and others, to lower the freezing point and raise the boiling point of the mixture, subsequently preventing the system from freezing or overheating.  With the increasing demand for antifreeze agents including the recovery of the automobile industry, the rise in transportation activity, the development of the oil & gas industry, the rise in industrial activities, the development of manufacturing equipment are the major factors for the growth of the market.

The increasing requirement for protection against corrosion & freezing and effective heat dissipation is also likely to fuel the demand for antifreeze agents.  It is expected that the global antifreeze agents market will expand further due to multiple aspects such as cost-effective installation, abundant availability of antifreeze agents, and expansion of the oil & gas industry. In addition, glycerin and matter (organic) non-glycerol (MONG) are the by-products of biodiesel, which can be refined and converted into products such as fatty acids and glycerin. With glycerin becoming extremely popular and acknowledged as antifreeze agents, it augments the growth of the global antifreeze agents market.

Scope of the Antifreeze Agents Report

The research study analyzes the Antifreeze Agents industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Antifreeze Agents Market Segmentation:

By Type

• Organic
• Inorganic
• Hybrid

By Product

• Ethylene Glycol
• Propylene Glycol
• Glycerin
• Calcium Chloride

By End-User

• Automotive and Transportation
• Oil and Gas
• Electrical and Electronics
• Machinery
• Others

Some major players in the market include BASF SE, Exxon Mobil Corp., and Continental Oils & Lubricants FZE, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. 

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Antifreeze Agents Market Report

1. What was the Antifreeze Agents Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Antifreeze Agents Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Antifreeze Agents Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Antifreeze Agents market.
• The market share of the Antifreeze Agents market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Antifreeze Agents market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Antifreeze Agents market.