North America Antifreeze Market Size, Share & Trends Analysis Report By Product (Ethylene Glycol, Propylene Glycol, and Glycerin), By Technology, By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Antifreeze Market would witness market growth of 6.2% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 835.2 Kilo Tonnes, showcasing a growth of 15.1% (2020-2023).

Ethylene glycol is a key component extensively used in the market for its exceptional properties in preventing engine freezing and overheating. As a versatile chemical compound, ethylene glycol serves as the primary base for most conventional formulations. Its low freezing point and high boiling point make it an ideal coolant for various automotive and industrial applications. Therefore, total consumption of Ethylene glycol in the US Market was 627.8 Kilo Tonnes in 2023.

The US market dominated the North America Antifreeze Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,465.5 million by 2031. The Canada market is experiencing a CAGR of 8.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.6% during (2024 - 2031).

Antifreeze is most commonly associated with the automotive industry. It is used in internal combustion engines to prevent the freezing of engine coolant during cold weather and to raise the boiling point of the coolant during hot weather. This prevents engine damage caused by freezing or boiling coolant and helps maintain optimal engine performance. This is used in industrial cooling systems to regulate temperatures in equipment and machinery.

Antifreeze is used in aircraft cooling systems to prevent freezing at high altitudes where temperatures can drop significantly. It helps maintain the proper functioning of aircraft engines and hydraulic systems, ensuring safe operation during flight. This is used in marine engines and cooling systems to prevent freezing and corrosion in marine environments. It is essential for boats, ships, and other marine vessels operating in cold conditions.

As per the International Trade Administration, Mexico City is the world's fifth most populous city, with 21 million people and 33.4 million vehicles. In 2018, Mexico recorded a 68 percent increase in EV sales, and hybrid vehicle sales surpassed 17,800 units compared to 2017. 955,393 electric and hybrid vehicles were sold in 2019 from January through September. The expansion of the electric vehicle segment diversifies the automotive industry in Mexico, which traditionally focuses on internal combustion engine vehicles. Eco-friendly technologies and electric vehicles are becoming increasingly popular in Mexico due to the country's growing emphasis on environmental sustainability and legal compliance. Hence, the factors mentioned above will drive the regional market growth.

Based on Product, the market is segmented into Ethylene Glycol, Propylene Glycol, and Glycerin. Based on Technology, the market is segmented into Organic Acid Technology (OAT), Hybrid Organic Acid Technology (HOAT), and Inorganic Additive Technology (IAT). Based on Application, the market is segmented into Automobile, Aerospace, and Industrial Heat Transfer & Cooling Systems. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Shell plc
BASF SE
Old World Industries, LLC
SONAX GmbH
Cummins, Inc.
TotalEnergies SE
AMSOIL Inc.
Paras Lubricants Limited
Exxon Mobil Corporation
China Petrochemical Corporation

North America Antifreeze Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Ethylene Glycol
Propylene Glycol
Glycerin

By Technology (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Organic Acid Technology (OAT)
Hybrid Organic Acid Technology (HOAT)
Inorganic Additive Technology (IAT)

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Automobile
Aerospace
Industrial Heat Transfer & Cooling Systems

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Antifreeze Market, by Product
- 1.4.2North America Antifreeze Market, by Technology
- 1.4.3North America Antifreeze Market, by Application
- 1.4.4North America Antifreeze Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.North America Antifreeze Market by Product

4.1North America Ethylene Glycol Market by Country
4.2North America Propylene Glycol Market by Country
4.3North America Glycerin Market by Country

Chapter 5.North America Antifreeze Market by Technology

5.1North America Organic Acid Technology (OAT) Market by Country
5.2North America Hybrid Organic Acid Technology (HOAT) Market by Country
5.3North America Inorganic Additive Technology (IAT) Market by Country

Chapter 6.North America Antifreeze Market by Application

6.1North America Automobile Market by Country
6.2North America Aerospace Market by Country
6.3North America Industrial Heat Transfer & Cooling Systems Market by Country

Chapter 7.North America Antifreeze Market by Country

7.1US Antifreeze Market
- 7.1.1US Antifreeze Market by Product
- 7.1.2US Antifreeze Market by Technology
- 7.1.3US Antifreeze Market by Application
7.2Canada Antifreeze Market
- 7.2.1Canada Antifreeze Market by Product
- 7.2.2Canada Antifreeze Market by Technology
- 7.2.3Canada Antifreeze Market by Application
7.3Mexico Antifreeze Market
- 7.3.1Mexico Antifreeze Market by Product
- 7.3.2Mexico Antifreeze Market by Technology
- 7.3.3Mexico Antifreeze Market by Application
7.4Rest of North America Antifreeze Market
- 7.4.1Rest of North America Antifreeze Market by Product
- 7.4.2Rest of North America Antifreeze Market by Technology
- 7.4.3Rest of North America Antifreeze Market by Application

Chapter 8.Company Profiles

8.1Shell plc
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Research & Development Expenses
- 8.1.5SWOT Analysis
8.2BASF SE
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expense
- 8.2.5SWOT Analysis
8.3Old World Industries, LLC
- 8.3.1Company Overview
- 8.3.2SWOT Analysis
8.4SONAX GmbH
- 8.4.1Company Overview
- 8.4.2SWOT Analysis
8.5Cummins, Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Regional & Segmental Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
  - 8.5.5.1Product Launches and Product Expansions:
- 8.5.6SWOT Analysis
8.6TotalEnergies SE
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expenses
- 8.6.5SWOT Analysis
8.7AMSOIL Inc.
- 8.7.1Company Overview
- 8.7.2SWOT Analysis
8.8Paras Lubricants Limited
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
8.9Exxon Mobil Corporation
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expenses
- 8.9.5SWOT Analysis
8.10.China Petrochemical Corporation (Sinopec Group)
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Research & Development Expenses
- 8.10.4SWOT Analysis

LIST OF TABLES

TABLE 1North America Antifreeze Market, 2020 - 2023, USD Million
TABLE 2North America Antifreeze Market, 2024 - 2031, USD Million
TABLE 3North America Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 4North America Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 5North America Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 6North America Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 7North America Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 8North America Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 9North America Ethylene Glycol Market by Country, 2020 - 2023, USD Million
TABLE 10North America Ethylene Glycol Market by Country, 2024 - 2031, USD Million
TABLE 11North America Ethylene Glycol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12North America Ethylene Glycol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13North America Propylene Glycol Market by Country, 2020 - 2023, USD Million
TABLE 14North America Propylene Glycol Market by Country, 2024 - 2031, USD Million
TABLE 15North America Propylene Glycol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16North America Propylene Glycol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17North America Glycerin Market by Country, 2020 - 2023, USD Million
TABLE 18North America Glycerin Market by Country, 2024 - 2031, USD Million
TABLE 19North America Glycerin Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20North America Glycerin Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21North America Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 22North America Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 23North America Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 24North America Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 25North America Organic Acid Technology (OAT) Market by Country, 2020 - 2023, USD Million
TABLE 26North America Organic Acid Technology (OAT) Market by Country, 2024 - 2031, USD Million
TABLE 27North America Organic Acid Technology (OAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28North America Organic Acid Technology (OAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29North America Hybrid Organic Acid Technology (HOAT) Market by Country, 2020 - 2023, USD Million
TABLE 30North America Hybrid Organic Acid Technology (HOAT) Market by Country, 2024 - 2031, USD Million
TABLE 31North America Hybrid Organic Acid Technology (HOAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32North America Hybrid Organic Acid Technology (HOAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33North America Inorganic Additive Technology (IAT) Market by Country, 2020 - 2023, USD Million
TABLE 34North America Inorganic Additive Technology (IAT) Market by Country, 2024 - 2031, USD Million
TABLE 35North America Inorganic Additive Technology (IAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36North America Inorganic Additive Technology (IAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37North America Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 38North America Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 39North America Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 40North America Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 41North America Automobile Market by Country, 2020 - 2023, USD Million
TABLE 42North America Automobile Market by Country, 2024 - 2031, USD Million
TABLE 43North America Automobile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44North America Automobile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45North America Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 46North America Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 47North America Aerospace Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48North America Aerospace Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49North America Industrial Heat Transfer & Cooling Systems Market by Country, 2020 - 2023, USD Million
TABLE 50North America Industrial Heat Transfer & Cooling Systems Market by Country, 2024 - 2031, USD Million
TABLE 51North America Industrial Heat Transfer & Cooling Systems Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52North America Industrial Heat Transfer & Cooling Systems Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53North America Antifreeze Market by Country, 2020 - 2023, USD Million
TABLE 54North America Antifreeze Market by Country, 2024 - 2031, USD Million
TABLE 55North America Antifreeze Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56North America Antifreeze Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57US Antifreeze Market, 2020 - 2023, USD Million
TABLE 58US Antifreeze Market, 2024 - 2031, USD Million
TABLE 59US Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 60US Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 61US Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 62US Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 63US Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 64US Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 65US Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 66US Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 67US Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 68US Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 69US Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 70US Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 71US Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72US Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73Canada Antifreeze Market, 2020 - 2023, USD Million
TABLE 74Canada Antifreeze Market, 2024 - 2031, USD Million
TABLE 75Canada Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 76Canada Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 77Canada Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 78Canada Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 79Canada Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 80Canada Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 81Canada Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 82Canada Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 83Canada Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 84Canada Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 85Canada Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 86Canada Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 87Canada Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 88Canada Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 89Mexico Antifreeze Market, 2020 - 2023, USD Million
TABLE 90Mexico Antifreeze Market, 2024 - 2031, USD Million
TABLE 91Mexico Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 92Mexico Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 93Mexico Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 94Mexico Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 95Mexico Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 96Mexico Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 97Mexico Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 98Mexico Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 99Mexico Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 100Mexico Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 101Mexico Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 102Mexico Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 103Mexico Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 104Mexico Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 105Rest of North America Antifreeze Market, 2020 - 2023, USD Million
TABLE 106Rest of North America Antifreeze Market, 2024 - 2031, USD Million
TABLE 107Rest of North America Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 108Rest of North America Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 109Rest of North America Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 110Rest of North America Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 111Rest of North America Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 112Rest of North America Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 113Rest of North America Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 114Rest of North America Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 115Rest of North America Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 116Rest of North America Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 117Rest of North America Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 118Rest of North America Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 119Rest of North America Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120Rest of North America Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121Key Information - Shell plc
TABLE 122Key Information - BASF SE
TABLE 123Key Information - Old World Industries, LLC
TABLE 124Key Information - SONAX GmbH
TABLE 125Key information - Cummins, Inc.
TABLE 126Key Information - TotalEnergies SE
TABLE 127Key Information - AMSOIL Inc.
TABLE 128Key Information - Paras Lubricants Limited
TABLE 129Key Information - Exxon Mobil Corporation
TABLE 130Key Information - China Petrochemical Corporation

North America Antifreeze Market Size, Share & Trends Analysis Report By Product (Ethylene Glycol, Propylene Glycol, and Glycerin), By Technology, By Application, By Country and Growth Forecast, 2024 - 2031