Discover Top 40 Companies in Antifreeze Market: Global Share, Market Size, Revenue Report (2024–2035)
RELEASE DATE: Oct 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Antifreeze Market Size is projected to Grow from USD 6.42 Billion in 2024 to USD 14.54 Billion by 2035, at a CAGR of 7.71% during the forecast period 2025–2035. The demand is probably going to be fueled by the growing need for effective heat dissipation and protection against freezing and corrosion. Furthermore, market growth is anticipated that numerous manufacturers, including BP, Shell, and Chevron, will make significant investments in research and development to produce efficient, economical, environmentally friendly, and low-toxic products with a long shelf life.
Introduction
The Worldwide industry that produces, distributes, and uses chemical liquids that keep engines and other heat transfer systems from freezing and overheating is known as the antifreeze market. A chemical additive called antifreeze, which is typically made of ethylene or propylene glycol, is combined with water to control temperature by lowering the coolant's freezing point and raising its boiling point. Internal combustion engines depend on it to maintain the ideal operating temperature in a variety of climates. Additionally, it guards against scale accumulation and corrosion in the cooling system. The engine's temperature is combined with water to form a coolant solution. Additionally, it has corrosion inhibitors to prevent rust and corrosion on the metal parts of the cooling system. Antifreeze, which contains chemicals that lower the coolant's freezing point and keep it liquid even in extremely cold temperatures, keeps the engine's coolant from freezing in cold climates. This is essential to preventing engine damage during the winter months.
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Antifreeze Market Size & Statistics
- The Market Size for Antifreeze Was Estimated to be worth USD 6.42 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 7.71% between 2025 and 2035.
- The Global Antifreeze Market Size is anticipated to reach USD 14.54 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in The Antifreeze Market.
- North America is estimated to grow the fastest during the forecast period in The Antifreeze Market.
Regional growth and demand
North America is anticipated to grow at the fastest CAGR during the forecast period in the Antifreeze market. The strong automobile sector in the area and rising car demand have both greatly aided in the growth of the antifreeze market. The demand for antifreeze is also fueled by the harsh weather in North America, especially in the northern regions. The severe winters in these regions require antifreeze to protect engines from freezing-induced damage. Additionally, consumers' increased understanding of the value of routine auto maintenance has increased demand for antifreeze.
Asia Pacific is projected to grow at the largest share over the forecast period in the Antifreeze market. The regional market is anticipated to grow significantly due to the rising demand for passenger cars and lightweight commercial vehicles in countries like China, Japan, Indonesia, and India. Furthermore, the presence of significant automakers such as Nissan Motor Company, Toyota Industries, and Komatsu, combined with rising government expenditure in China and India, will generate enormous market potential in the years to come. The coolant demand will be further accelerated by China's growing electric vehicle sales, which are facilitated by government subsidies and the presence of major players such as Beijing Electric Vehicle Co., Hangzhou Changjiang Passenger Vehicle Co., and BYD Auto Ltd.
Top 10 trends in the Antifreeze Market
- Automotive Expansion
- Ethylene Glycol Dominance
- Organic Acid Technology (OAT)
- Hybrid & Electric Vehicles
- Eco-Friendly Formulations
- Regulatory Compliance
- Industrial Coolants
- Extreme Weather Demand
- Emerging marketplace Leaders
- Rising Market valuation
1. Automotive Expansion
Increased car ownership, particularly in developing nations, and the growth of commercial fleets are the main drivers of growth.
2. Ethylene Glycol Dominance
With 64% of the market, ethylene glycol continues to be the most popular base fluid.
3. Organic Acid Technology (OAT)
OAT, which is preferred for its long-lasting corrosion protection, holds a 49% market share in the technology sector.
4. Hybrid & Electric Vehicles
Coolant formulations are being altered by EVs and hybrids, necessitating low-conductivity and thermal stability solutions.
5. Eco-Friendly Formulations
Environmental regulations are increasing the demand for non-toxic and biodegradable antifreezes, such as those based on propylene glycol.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the antifreeze market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 20 Companies Leading the Antifreeze Market
- BASF SE
- Royal Dutch Shell
- TotalEnergies
- PARAS Lubricants
- CCI Corporation
- Chevron Corporation
- KOST USA, Inc.
- Old World Industries Inc.
- Gulf Oil International
- SONAX GmbH
- Miller's Oils
- PENTOSIN
- Recochem Inc.
- Valvoline Inc.
- Prestone Products Corporation
- ExxonMobil Corporation
- Zerex
- Motul
- Clariant AG
- Bluecol
- Others.
1. BASF SE
Headquarters: Rhein, Germany
BASF is a worldwide frontrunner in the antifreeze sector with its Glysantin brand, known as the planet’s original engine coolant. It provides sophisticated chemical solutions that ensure prolonged corrosion resistance, thermal stability, and alignment with multiple vehicle OEM specifications. BASF leads the European antifreeze market and is further growing by offering high-performance, environmentally friendly coolants designed for internal combustion and hybrid engines.
2. Royal Dutch Shell
Headquarters: London, United Kingdom
Shell plays a significant role in the worldwide antifreeze and coolant sector, offering products intended for automotive, commercial, and industrial use. Its formulations merge corrosion-inhibiting agents and eco-friendly materials for prolonged engine safeguarding. Shell's cutting-edge research and development in sustainable antifreeze solutions guarantees adherence to changing fuel efficiency and emission standards, establishing it as a leading global competitor.
3. TotalEnergies SE
Headquarters: Courbevoie, France
TotalEnergies manufactures high-quality antifreeze solutions within its GLACELF lineup, utilising cutting-edge OAT (Organic Acid Technology) to enhance longevity and safeguard against corrosion. These concentrated antifreezes improve heat transfer efficiency, safeguard aluminium parts, and prolong maintenance periods, lowering costs and environmental effects. The firm provides services to the global industrial and automotive industries.
4. PARAS Lubricants Pvt. Ltd.
Headquarters: Delhi, India
PARAS Lubricants is an Indian company focused on producing automotive lubricants, greases, and coolants. Its antifreeze offerings serve both local and international markets, aiding the expansion of India’s antifreeze industry. The company focuses on high-performance, technologically advanced coolants that are appropriate for the vehicle variety and climate of the country.
5. CCI Corporation
Headquarters: Gifu Prefecture, Japan
CCI Corporation is a leading Japanese chemical producer recognised for its Golden Cruiser line of engine coolants and brake fluids. It holds more than 25% of the worldwide market share in the engine coolant category, providing products tailored for extreme temperatures. CCI’s products are known for their reliability, performance, and compatibility with contemporary vehicle standards, providing both premium and standard coolants for internal combustion and hybrid vehicles, along with specialised chemicals for industrial uses.
Are you ready to discover more about the Antifreeze market?
The report provides an in-depth analysis of the leading companies operating in the global antifreeze market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- BASF SE
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Royal Dutch Shell
- TotalEnergies
- PARAS Lubricants
- CCI Corporation
- Chevron Corporation
- KOST USA, Inc.
- Old World Industries Inc.
- Gulf Oil International
- SONAX GmbH
- Miller's Oils
- PENTOSIN
- Recochem Inc.
- Valvoline Inc.
- Prestone Products Corporation
- ExxonMobil Corporation
- Zerex
- Motul
- Clariant AG
- Bluecol
- Others.
Conclusion
The Worldwide Antifreeze Market Size is expected to almost double in worth, increasing from USD 6.42 Billion in 2024 to USD 14.54 Billion by 2035, with a CAGR of 7.71%. This growth is mainly fueled by the steady advancement of the global automotive industry and the rising demand for efficient heat dissipation and corrosion resistance in automobiles. Major market trends feature the ongoing prevalence of Ethylene Glycol as a primary fluid, the increasing popularity of Organic Acid Technology (OAT) due to its durability, and the rise of specialised low-conductivity formulas for Hybrid and Electric Vehicles (EVs). Asia-Pacific is expected to produce the most demand due to rising passenger vehicle sales and the presence of significant car manufacturers (China, India, Japan). North America is estimated to experience the fastest growth, backed by its robust automotive industry and the essential requirement for engine safeguarding in harsh winter conditions. The competitive scene includes international chemical and energy leaders such as BASF SE (Glysantin), Royal Dutch Shell, TotalEnergies, and more, as well as significant specialised coolant brands like Prestone and Zerex, all of whom are allocating resources to R&D for the creation of effective, eco-friendly, and low-toxicity products.
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