The rapid development of the global transportation industry has prompted the growing demand for antifreeze market

Antifreeze is an additive to the coolant in the internal combustion of liquid-cooled engines, which can lower the freezing point of the coolant. Antifreeze can prevent engine coolant from freezing in winter, thereby effectively protecting the car’s radiator and engine cylinder. It is an important product that is indispensable for the normal operation of the car engine. In the aerospace industry, antifreeze is also used to remove moisture that builds up on aircraft wings, thereby reducing extra weight and unnecessary drag during takeoff.

With the improvement of social economy and the simplification of loan approval procedures, consumers’ car purchasing ability has increased, and the automobile industry in emerging countries around the world has developed rapidly, which has promoted the growth of the automobile industry market. The rapid growth of the automobile industry in emerging economies has driven increasing market demand for antifreeze. Especially in China and India, emerging economies with large population bases, the rapid growth of the automotive industry has increased their demand for automotive coolants.

With the continuous advancement of domestic energy conservation and emission reduction policies and the continuous advancement of technology in the automobile industry, the performance of automobile engines has been further improved, but the temperature of automobile engines has also become higher when working. Therefore, the market’s rising requirements for the heat transfer efficiency and thermal stability of antifreeze will promote the continuous technological advancement of my country’s antifreeze industry. There are a large number of domestic antifreeze manufacturers and the market competition is fierce. In order to gain market share, many companies produce low-end antifreeze by saving production costs. In the future, as the country unifies product standards for the antifreeze industry and strictly controls product quality inspection, the antifreeze market will develop in a standardized, healthy and orderly manner. Domestic market demand will also gradually move closer to companies with strong R&D capabilities and high technical levels, while companies with lagging production capacity will be gradually eliminated.

According to the “2022-2026 China Antifreeze Industry Market Research Report released by the Industrial Research Center, the global antifreeze market in 2020 The market size is approximately US$4.81 billion and is expected to grow at a compound annual growth rate of more than 7.5% from 2022 to 2026. By 2026, the total global antifreeze market sales will exceed 2 million tons.

Antifreeze market participants enhance their product market competitiveness through new product research and development, thereby gaining competitive advantages in the global market. In addition, strategic alliances and enhancing the performance of their own products are also the main measures taken by global antifreeze market participants to enhance their market competitiveness. The major players in the antifreeze market are Chevron Phillips Chemical Co., Ltd., Royal Dutch Shell PLC, Coster America, Total SA, Exxon Mobil Corporation, Ashland Corporation, Petronas, Dow Chemicals, Sinopec and DuPont.

Industry analysts said that antifreeze is an important product that is indispensable for the normal operation of automobile engines. As the number of domestic automobiles continues to increase, , National automobile maintenance awareness continues to increase, and the antifreeze market demand will continue to grow. At present, the domestic antifreeze market is relatively chaotic, but with the continuous introduction of relevant national regulatory policies, the domestic antifreeze market will gradually move closer to companies with strong R&D capabilities and high technical levels.
​