Europe and Middle East & Africa Antifreeze Market to Grow at a CAGR of 5.2% to reach US$ US$ 2,327.46 Million from 2022 to 2028
Europe and Middle East & Africa antifreeze market size was valued at US$ 1,712.49 million in 2022 and is projected to reach US$ 2,327.46 million by 2028; it is expected to grow at a CAGR of 5.2% from 2022 to 2028.
Antifreeze or coolant is a colored liquid that is mixed with water which help to regulate the engine temperatures. Engine coolant is mixed with water, usually at a 50/50 ratio. Antifreeze helps reduce the freezing point of the mixture. It is also a lubricant in an engine that ensures that various parts, including water pumps, move smoothly. In doing so, antifreeze reduces friction. Additionally, antifreeze helps prevent corrosion in engines.
In 2021, Europe held the largest revenue share of the Europe and Middle East & Africa antifreeze market. The antifreezemarket in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The major factors driving the market in the region are the increasing use of antifreeze in automotive, industrial heating/cooling, and energy sectors. Germany, France, Italy, and the UK have strong automotive industries. The growing automotive sales in the region is creating a huge demand for antifreeze. The use of solar energy is growing at the highest pace in the European Union. The European Union solar market grew by 18 GW in 2020, as per the European Commission. With this, maintaining solar energy systems properly is also important. Antifreeze is used in solar water heating systems as heat transfer fluid. Further, players operating in the Europe antifreeze market are focusing on different strategies such as investment in research and development activities and new product launches. All these factors positively influence the market growth in the region.
Impact of COVID-19 Pandemic on Europe and Middle East & Africa Antifreeze Market
Before the COVID-19 pandemic, the demand for antifreeze was mainly driven by industries such as automotive, industrial heating, energy manufacturing, and construction equipment. However, the COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In 2020, various industries had to slow down their operations due to supply chain disruptions caused by the shutdown of national and international borders upon the onset of the COVID-19 pandemic. The pandemic negatively impacted construction and infrastructure sectors in Europe and the Middle East & Africa and created various challenges for the construction industry, such as a shortage of raw materials and labor. During the COVID-19 pandemic, the high demand and low supply equation resulted in the rise in ethylene glycol prices. All these factors have negatively impacted Europe and Middle East & Africa antifreeze market growth.
However, with the relaxation of COVID-19-related restrictions, the demand for antifreeze from automotive and industrial heating sectors started to increase. There is a rise in demand for passenger vehicles in European countries such as Germany, the UK, and Spain. This is expected to positively influence Europe and Middle East & Africa antifreeze market growth.
Europe and Middle East & Africa Antifreeze Market Breakdown – by Region
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Market Insights
Increasing Vehicle Production and Aftermarket for Antifreeze and Engine Coolants
In the automotive industry, antifreeze is used in the internal combustion of liquid-cooled engines to adjust freezing and boiling points. Antifreeze additives help prevent the coolant liquid from freezing and protect engines from damage. The automotive sector has witnessed tremendous growth in the last decade. The growth of the automotive industry in various economies such as the UK, Germany, France, and Italy has mainly driven the Europe and Middle East & Africa antifreeze market.
Further, high-performance cars are gaining momentum owing to their aerodynamic design, tires, smart suspension, and improved brakes. These types of cars require a lot of antifreeze to manage the excess heat generated by the engine and other vehicle components.
Coolant Type Insights
Based on coolant type, Europe and Middle East & Africa antifreeze market has been segmented into ethylene glycol, propylene glycol, and glycerin & others.Europe and Middle East & Africa antifreeze market share for the ethylene glycol segment was largest in 2021. Ethylene glycol is an alcohol-based organic compound. It is commonly used in various commercial and industrial applications, including antifreeze and coolants. Ethylene glycol is an important ingredient in automotive antifreeze and coolant. It helps prevent coolant liquid from freezing within the radiator by lowering its freezing temperature, lubricating the water pump, and inhibiting corrosion. It also acts as a coolant to reduce overheating of car engines in the summer. The growing automotive industry in various countries across Europe and the Middle East & Africa is creating a demand for automotive antifreeze and coolants.
Europe and Middle East & Africa Antifreeze Market, by Coolant Type – 2021 and 2028
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Technology Insights
Based on technology, Europe and Middle East & Africa antifreeze market has been segmented into inorganic additive technology, organic acid technology, and hybrid organic acid technology & others. Europe and Middle East & Africa antifreeze market share for the organic acid technology segment was largest in 2021. Organic acid technology coolants make use of carboxylic acids as the main inhibitors within their product. They are originally marketed as permanent or long-life antifreeze. Organic acid technology products use propylene glycol as the base; hence, they are less harmful to pets, kids, and the environment in case of spillover.
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Europe and Middle East & Africa Antifreeze Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Europe and Middle East & Africa Antifreeze Market: Strategic Insights
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Wacker Chemie AG, BASF SE, Chevron Corporation, Dow Inc., EXXON MOBIL CORPORATION, CCI Corporation, Old World Industries, Prestone Products Corporation, Valvoline LLC, and Shell plc are among the major players operating in the Europe and Middle East & Africa antifreeze market. Players operating in the Europe and Middle East & Africa antifreeze market are constantly focusing on strategies such as investments in research and development activities and new product launches. These market players are highly focused on the development of high-quality and innovative product offerings to fulfill the customers’ requirements.
Report Spotlights
- Progressive industry trends in the Europe and Middle East & Africa antifreeze market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Europe and Middle East & Africa antifreeze market from 2020 to 2028
- Estimation of demand for antifreeze in Europe and Middle East & Africa
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the Europe and Middle East & Africa antifreeze market growth
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the Europe and Middle East & Africa market growth
- The Europe and Middle East & Africa antifreeze market size at various nodes
- Detailed overview and segmentation of the market, as well as the Europe and Middle East & Africa antifreeze market dynamics
- The Europe and Middle East & Africa antifreeze market size in various regions with promising growth opportunities
Europe and Middle East & Africa Antifreeze Market
Based on coolant type, the Europe and Middle East & Africa antifreeze market is segmented into ethylene glycol, propylene glycol, and glycerin & others. In terms of technology, the Europe and Middle East & Africa antifreeze market is segmented into inorganic additive technology, organic acid technology, and hybrid organic acid technology & others. Based on application, the Europe and Middle East & Africa antifreeze market is segmented into automobiles, industrial heating/cooling, energy, and manufacturing & others. In terms of distribution channel, the Europe and Middle East & Africa antifreeze market is categorized into original equipment manufacturers (OEMs), aftermarket, and retail & others.
Company Profiles
Wacker Chemie AG, BASF SE, Chevron Corporation, Dow Inc., EXXON MOBIL CORPORATION, CCI Corporation, Old World Industries, Prestone Products Corporation, Valvoline LLC, and Shell plc are among the major players operating in the Europe and Middle East & Africa antifreeze market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe and Middle East & Africa Antifreeze Market, by Coolant Type
1.3.2 Europe and Middle East & Africa Antifreeze Market, by Technology
1.3.3 Europe and Middle East & Africa Antifreeze Market, by Application
1.3.4 Europe and Middle East & Africa Antifreeze Market, by Distribution Channel
1.3.5 Europe and Middle East & Africa Antifreeze Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe and Middle East & Africa Antifreeze Market Landscape
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe and Middle East & Africa Antifreeze Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Vehicle Production and Aftermarket for Antifreeze and Engine Coolants
5.1.2 Growing Construction Activities and Sales of Construction Equipment
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
5.3.1 Environment-Friendly and Bio-Based Antifreeze
5.4 Future Trends
5.4.1 Investment in R&D and Initiatives by Market Players
5.5 Impact Analysis
6. Antifreeze Market – Europe and Middle East & Africa Market Analysis
6.1 Europe and Middle East & Africa Antifreeze Market Overview
6.2 Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
6.3 Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
6.4 Competitive Positioning – Key Market Players
7. Europe and Middle East & Africa Antifreeze Market Analysis – By Coolant Type
7.1 Overview
7.2 Europe and Middle East & Africa Antifreeze Market, By Coolant Type (2021 and 2028)
7.3 Ethylene Glycol
7.3.1 Overview
7.3.2 Ethylene Glycol: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
7.3.3 Ethylene Glycol: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Propylene Glycol
7.4.1 Overview
7.4.2 Propylene Glycol: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
7.4.3 Propylene Glycol: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Glycerin & Others
7.5.1 Overview
7.5.2 Glycerin & Others: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
7.5.3 Glycerin & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe and Middle East & Africa Antifreeze Market Analysis – By Technology
8.1 Overview
8.2 Europe and Middle East & Africa Antifreeze Market, By Technology (2021 and 2028)
8.3 Inorganic Additive Technology
8.3.1 Overview
8.3.2 Inorganic Additive Technology: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Organic Acid Technology
8.4.1 Overview
8.4.2 Organic Acid Technology: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hybrid Organic Acid Technology & Others
8.5.1 Overview
8.5.2 Hybrid Organic Acid Technology & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe and Middle East & Africa Antifreeze Market Analysis – By Application
9.1 Overview
9.2 Europe and Middle East & Africa Antifreeze Market, By Application (2021 and 2028)
9.3 Automobiles
9.3.1 Overview
9.3.2 Automobiles: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial Heating/Cooling
9.4.1 Overview
9.4.2 Industrial Heating/Cooling: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Energy
9.5.1 Overview
9.5.2 Energy: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Manufacturing & Others
9.6.1 Overview
9.6.2 Manufacturing & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe and Middle East & Africa Antifreeze Market Analysis – By Distribution Channel
10.1 Overview
10.2 Europe and Middle East & Africa Antifreeze Market, By Distribution Channel (2021 and 2028)
10.3 Original Equipment Manufacturers (OEMs)
10.3.1 Overview
10.3.2 Original Equipment Manufacturers (OEMs): Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Aftermarket
10.4.1 Overview
10.4.2 Aftermarket: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Retail & Others
10.5.1 Overview
10.5.2 Retail & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe and Middle East & Africa Antifreeze Market – Geographic Analysis
11.1 Overview
11.2 Europe: Antifreeze Market
11.2.1 Europe: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.2 Europe: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.2.3 Europe: Antifreeze Market, By Coolant Type
11.2.4 Europe: Antifreeze Market, by Technology
11.2.5 Europe: Antifreeze Market, by Application
11.2.6 Europe: Antifreeze Market, by Distribution Channel
11.2.7 Europe: Antifreeze Market, by Key Country
11.2.7.1 Germany: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.2 Germany: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.2.1 Germany: Antifreeze Market, By Coolant Type
11.2.7.2.2 Germany: Antifreeze Market, By Coolant Type
11.2.7.2.3 Germany: Antifreeze Market, by Technology
11.2.7.2.4 Germany: Antifreeze Market, by Application
11.2.7.2.5 Germany: Antifreeze Market, by Distribution Channel
11.2.7.3 France: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.4 France: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.4.1 France: Antifreeze Market, By Coolant Type
11.2.7.4.2 France: Antifreeze Market, By Coolant Type
11.2.7.4.3 France: Antifreeze Market, by Technology
11.2.7.4.4 France: Antifreeze Market, by Application
11.2.7.4.5 France: Antifreeze Market, by Distribution Channel
11.2.7.5 UK: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.6 UK: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.6.1 UK: Antifreeze Market, By Coolant Type
11.2.7.6.2 UK: Antifreeze Market, By Coolant Type
11.2.7.6.3 UK: Antifreeze Market, by Technology
11.2.7.6.4 UK: Antifreeze Market, by Application
11.2.7.6.5 UK: Antifreeze Market, by Distribution Channel
11.2.7.7 Italy: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.8 Italy: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.8.1 Italy: Antifreeze Market, By Coolant Type
11.2.7.8.2 Italy: Antifreeze Market, By Coolant Type
11.2.7.8.3 Italy: Antifreeze Market, by Technology
11.2.7.8.4 Italy: Antifreeze Market, by Application
11.2.7.8.5 Italy: Antifreeze Market, by Distribution Channel
11.2.7.9 Russia: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.10 Russia: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.10.1 Russia: Antifreeze Market, By Coolant Type
11.2.7.10.2 Russia: Antifreeze Market, By Coolant Type
11.2.7.10.3 Russia: Antifreeze Market, by Technology
11.2.7.10.4 Russia: Antifreeze Market, by Application
11.2.7.10.5 Russia: Antifreeze Market, by Distribution Channel
11.2.7.11 Rest of Europe: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.2.7.12 Rest of Europe: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
11.2.7.12.1 Rest of Europe: Antifreeze Market, By Coolant Type
11.2.7.12.2 Rest of Europe: Antifreeze Market, By Coolant Type
11.2.7.12.3 Rest of Europe: Antifreeze Market, by Technology
11.2.7.12.4 Rest of Europe: Antifreeze Market, by Application
11.2.7.12.5 Rest of Europe: Antifreeze Market, by Distribution Channel
11.3 Middle East & Africa: Antifreeze Market
11.3.1 Middle East & Africa: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.3.2 Middle East & Africa: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.3.3 Middle East & Africa: Antifreeze Market, By Coolant Type
11.3.4 Middle East & Africa: Antifreeze Market, by Technology
11.3.5 Middle East & Africa: Antifreeze Market, by Application
11.3.6 Middle East & Africa: Antifreeze Market, by Distribution Channel
11.3.7 Middle East & Africa: Antifreeze Market, by Key Country
11.3.7.1 South Africa: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.3.7.2 South Africa: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.3.7.2.1 South Africa: Antifreeze Market, By Coolant Type
11.3.7.2.2 South Africa: Antifreeze Market, By Coolant Type
11.3.7.2.3 South Africa: Antifreeze Market, by Technology
11.3.7.2.4 South Africa: Antifreeze Market, by Application
11.3.7.2.5 South Africa: Antifreeze Market, by Distribution Channel
11.3.7.3 Saudi Arabia: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.3.7.4 Saudi Arabia: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.3.7.4.1 Saudi Arabia: Antifreeze Market, By Coolant Type
11.3.7.4.2 Saudi Arabia: Antifreeze Market, By Coolant Type
11.3.7.4.3 Saudi Arabia: Antifreeze Market, by Technology
11.3.7.4.4 Saudi Arabia: Antifreeze Market, by Application
11.3.7.4.5 Saudi Arabia: Antifreeze Market, by Distribution Channel
11.3.7.5 UAE: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.3.7.6 UAE: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.3.7.6.1 UAE: Antifreeze Market, By Coolant Type
11.3.7.6.2 UAE: Antifreeze Market, By Coolant Type
11.3.7.6.3 UAE: Antifreeze Market, by Technology
11.3.7.6.4 UAE: Antifreeze Market, by Application
11.3.7.6.5 UAE: Antifreeze Market, by Distribution Channel
11.3.7.7 Rest of MEA: Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
11.3.7.8 Rest of MEA: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
11.3.7.8.1 Rest of MEA: Antifreeze Market, By Coolant Type
11.3.7.8.2 Rest of MEA: Antifreeze Market, By Coolant Type
11.3.7.8.3 Rest of MEA: Antifreeze Market, by Technology
11.3.7.8.4 Rest of MEA: Antifreeze Market, by Application
11.3.7.8.5 Rest of MEA: Antifreeze Market, by Distribution Channel
12. Impact of COVID-19 Pandemic on Europe & Middle East & Africa Antifreeze Market
12.1 Overview
12.2 Impact of COVID-19 on Antifreeze Market
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Wacker Chemie AG
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 BASF SE
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Chevron Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Dow Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 EXXON MOBIL CORPORATION
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 CCI Corporation
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Old World Industries
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Prestone Products Corporation
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Valvoline LLC
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Shell plc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe and Middle East & Africa Antifreeze Market –Volume and Forecast to 2028 (Million Gallons)
Table 2. Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe and Middle East & Africa Antifreeze Market, by Coolant Type – Volume and Forecast to 2028 (Million Gallons)
Table 4. Europe and Middle East & Africa Antifreeze Market, by Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Europe and Middle East & Africa Antifreeze Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. Europe and Middle East & Africa Antifreeze Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Europe and Middle East & Africa Antifreeze Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Europe: Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 9. Europe: Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe Antifreeze Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe Antifreeze Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 12. Europe Antifreeze Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 13. Germany Antifreeze Market, By Coolant Type – Volume and Forecast to 2028 (Million Gallons)
Table 14. Germany Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Germany Antifreeze Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 16. Germany Antifreeze Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 18. France Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 19. France Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. France Antifreeze Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 21. France Antifreeze Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 22. France Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 23. UK Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 24. UK Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. UK Antifreeze Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 26. UK Antifreeze Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 29. Italy Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy Antifreeze Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy Antifreeze Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 34. Russia Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Russia Antifreeze Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 36. Russia Antifreeze Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 37. Russia Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 38. Rest of Europe Antifreeze Market, By Coolant Type –Volume and Forecast to 2028 (Million Gallons)
Table 39. Rest of Europe Antifreeze Market, By Coolant Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Rest of Europe Antifreeze Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 41. Rest of Europe Antifreeze Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 42. Rest of Europe Antifreeze Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 43. Middle East & Africa Antifreeze Market, By Coolant Type–Volume and Forecast to 2028 (Million Gallons)
Table 44. Middle East & Africa Antifreeze Market, By Coolant Type– Revenue and Forecast to 2028 (US$ Million)
Table 68. Glossary of Terms, Europe and Middle East & Africa Antifreeze Market
LIST OF FIGURES
Figure 1. Europe and Middle East & Africa Antifreeze Market Segmentation
Figure 2. Europe and Middle East & Africa Antifreeze Market Segmentation – By Geography
Figure 3. Europe and Middle East & Africa Antifreeze Market Overview
Figure 4. Europe and Middle East & Africa Antifreeze Market, By Coolant Type
Figure 5. Europe and Middle East & Africa Antifreeze Market, by Geography
Figure 6. Europe and Middle East & Africa Antifreeze Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Europe and Middle East & Africa Antifreeze Market - Ecosystem
Figure 9. Expert Opinion
Figure 10. Passenger Cars: New Registrations, by Country (Millions)
Figure 11. EU Exports of Motor Vehicles
Figure 12. Europe and Middle East & Africa Antifreeze Market Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Europe and Middle East & Africa Antifreeze Market
Figure 14. Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 15. Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe and Middle East & Africa Antifreeze Market Revenue Share, By Coolant Type (2021 and 2028)
Figure 17. Ethylene Glycol: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast To 2028 (Million Gallons)
Figure 18. Ethylene Glycol: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Propylene Glycol: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast To 2028 (Million Gallons)
Figure 20. Propylene Glycol: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Glycerin & Others: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast To 2028 (Million Gallons)
Figure 22. Glycerin & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Europe and Middle East & Africa Antifreeze Market Revenue Share, By Technology (2021 and 2028)
Figure 24. Inorganic Additive Technology: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Organic Acid Technology: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Hybrid Organic Acid Technology & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Europe and Middle East & Africa Antifreeze Market Revenue Share, By Application (2021 and 2028)
Figure 28. Automobiles: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Industrial Heating/Cooling: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 30. Energy: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Manufacturing & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 32. Europe and Middle East & Africa Antifreeze Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 33. Original Equipment Manufacturers (OEMs): Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 34. Aftermarket: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 35. Retail & Others: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast To 2028 (US$ Million)
Figure 36. Europe and Middle East & Africa Antifreeze Market Revenue Share, By Region (2021 and 2028)
Figure 37. Europe: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 38. Europe: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Europe and Middle East & Africa Antifreeze Market Revenue Share, By Coolant Type (2021 and 2028)
Figure 40. Europe: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Technology (2021 and 2028)
Figure 41. Europe: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Application (2021 and 2028)
Figure 42. Europe: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 43. Europe: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Key Country (2021 and 2028)
Figure 44. Germany: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 45. Germany: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 47. France: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 49. UK: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Italy: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 51. Italy: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Russia: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 53. Russia: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Rest of Europe: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 55. Rest of Europe: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 57. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market Revenue Share, By Coolant Type (2021 and 2028)
Figure 59. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Technology (2021 and 2028)
Figure 60. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Application (2021 and 2028)
Figure 61. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 62. Middle East & Africa: Europe and Middle East & Africa Antifreeze Market Revenue Share, by Key Country (2021 and 2028)
Figure 63. South Africa: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 64. South Africa: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. Saudi Arabia: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 66. Saudi Arabia: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 68. UAE: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. Rest of MEA: Europe and Middle East & Africa Antifreeze Market – Volume and Forecast to 2028 (Million Gallons)
Figure 70. Rest of MEA: Europe and Middle East & Africa Antifreeze Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Impact of COVID-19 Pandemic on Major Countries in Europe
Figure 72. Impact of COVID-19 Pandemic in Major Countries in Middle East & Africa
- BASF SE
- Chevron Corporation
- CCI Corporation
- Dow
- Old World Industries, LLC
- Prestone Products Corporation
- Royal Dutch Shell Plc
- ExxonMobil Corporation
- Trychem FZCO
- Sumitomo Chemical Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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