Dec 12, 2022   SOURCE: BusinessWire

Global Antifreeze Market Report 2022-2027: Increasing Sales of Construction Equipment Fueling Consumption of Coolants - ResearchAndMarkets.com

The "Global Antifreeze Market (2022-2027) by Base Fluid, Application, Additive Technology, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis." report has been added to ResearchAndMarkets.com's offering.

The Global Antifreeze Market is estimated to be USD 1.47 Bn in 2022 and is expected to reach USD 1.91 Bn by 2027, growing at a CAGR of 5.34%.

Market Dynamics

Drivers

  • Surge in Demand in Automotive Industry for Antifreeze Coolants
  • Rising Demand for HVAC Systems
  • Increasing Sales of Construction Equipment Fueling Consumption of Coolants

Restraints

  • Increasing Trend of Electric Vehicles
  • Fluctuating Raw Material Price
  • Engine Downsizing in the Automotive Industry

Opportunities

  • Increasing Usage of High-Quality Advanced Additive
  • Manufacturing of Environment Friendly and Bio-Based Antifreeze

Challenges

  • Environmental Impact and Recycling of Antifreeze Coolant

Market Segmentations

The Global Antifreeze Market is segmented based on Base Fluid, Application, Additive Technology, and Geography.

  • By Base Fluid, the market is classified into Ethylene Glycol, Glycerin, and Propylene Glycol.
  • By Application, the market is classified into Automotive, and Industrial.
  • By Additive Technology, the market is classified into HOAT, IAT, and OAT.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Antifreeze Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Antifreeze Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Antifreeze Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Antifreeze Market, By Base Fluid

7 Global Antifreeze Market, By Application

8 Global Antifreeze Market, By Additive Technology

9 Americas' Antifreeze Market

10 Europe's Antifreeze Market

11 Middle East and Africa's Antifreeze Market

12 APAC's Antifreeze Market

13 Competitive Landscape

14 Company Profiles

15 Appendix

Companies Mentioned

  • BASF SE
  • BP PLC
  • CCI Corp.
  • Chevron Corp.
  • China Petroleum & Chemical Corp.
  • Cummins Inc.
  • Exxon Mobil Corp.
  • Evans Cooling Systems Inc.
  • Halfords Group PLC
  • Old World Industries Inc.
  • KOST USA, Inc.
  • Motul S.A.
  • PJSC Lukoil Oil Co.
  • Petroliam Nasional Berhad
  • Rock Oil Co. PLC
  • Shell Group of Co.
  • SONAX GmbH
  • Solventis
  • TotalEnergies SE
  • Valvoline Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ylb3fo