The Asia Pacific Antifreeze Market would witness market growth of 6.9% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,963.1 Kilo Tonnes, showcasing a growth of 15.7% (2020-2023).
Glycerin, also known as glycerol, is emerging as an alternative ingredient in the market, particularly in eco-friendly and non-toxic formulations. As a biodegradable and non-toxic compound, glycerin offers a safer option for applications, reducing environmental and health risks associated with conventional chemicals. Therefore, the demand of Glycerin in Indian Market was 29.57 Kilo Tonnes in 2023.
The China market dominated the Asia Pacific Antifreeze Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,118.6 million by 2031. The Japan market is registering a CAGR of 6.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.5% during (2024 - 2031).
Antifreeze is used in medical and laboratory equipment such as refrigerators, freezers, and cryogenic systems to maintain precise temperature control for storing biological samples, reagents, and other sensitive materials. Manufacturers increasingly focus on developing products with less hazardous chemicals, such as organic acids or glycerin-based solutions, to meet regulatory standards and customer requirements for environmentally friendly options.
Long-life antifreeze formulations, also known as extended-life or extended-service interval coolants, are gaining popularity in the market. These formulations offer extended service intervals compared to traditional products, reducing the frequency of coolant changes and maintenance requirements for vehicles and industrial equipment. Technological advancements in cooling system technology, including improvements in radiator design, water pump efficiency, and engine materials, influence the demand for such products.
China's emergence as an automotive superpower on a global scale has a profound effect on the industry. According to the State Council of the People’s Republic of China, China’s auto sales expanded 13.5 percent yearly to nearly 1.98 million units in February (2023). In February alone, sales of passenger vehicles went up 10.9 percent to over 1.65 million units. Additionally, auto exports soared 82.2 percent from a year earlier to 329,000 units in January, bringing the total number of exports in the first two months of 2023 to 630,000 units, up 52.9 percent year on year. As the automotive industry continues to grow in these countries, the demand for antifreeze is expected to rise further in the coming years.
Free Valuable Insights: The Global Antifreeze Market is Predict to reach USD 8.5 Billion by 2031, at a CAGR of 6.7%
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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
Asia Pacific 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)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Antifreeze Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Antifreeze Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Asia Pacific Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Asia Pacific Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 8 Asia Pacific Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 9 Asia Pacific Ethylene Glycol Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Ethylene Glycol Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Ethylene Glycol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Asia Pacific Ethylene Glycol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Asia Pacific Propylene Glycol Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Propylene Glycol Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Propylene Glycol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Asia Pacific Propylene Glycol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Asia Pacific Glycerin Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Glycerin Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Glycerin Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 Asia Pacific Glycerin Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 Asia Pacific Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 24 Asia Pacific Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 25 Asia Pacific Organic Acid Technology (OAT) Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Organic Acid Technology (OAT) Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Organic Acid Technology (OAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 Asia Pacific Organic Acid Technology (OAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 Asia Pacific Hybrid Organic Acid Technology (HOAT) Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Hybrid Organic Acid Technology (HOAT) Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Hybrid Organic Acid Technology (HOAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Asia Pacific Hybrid Organic Acid Technology (HOAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Asia Pacific Inorganic Additive Technology (IAT) Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Inorganic Additive Technology (IAT) Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Inorganic Additive Technology (IAT) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Asia Pacific Inorganic Additive Technology (IAT) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Asia Pacific Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 40 Asia Pacific Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 41 Asia Pacific Automobile Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Automobile Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Automobile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Asia Pacific Automobile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Asia Pacific Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Aerospace Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Asia Pacific Aerospace Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 Asia Pacific Industrial Heat Transfer & Cooling Systems Market by Country, 2020 - 2023, USD Million
TABLE 50 Asia Pacific Industrial Heat Transfer & Cooling Systems Market by Country, 2024 - 2031, USD Million
TABLE 51 Asia Pacific Industrial Heat Transfer & Cooling Systems Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 Asia Pacific Industrial Heat Transfer & Cooling Systems Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 Asia Pacific Antifreeze Market by Country, 2020 - 2023, USD Million
TABLE 54 Asia Pacific Antifreeze Market by Country, 2024 - 2031, USD Million
TABLE 55 Asia Pacific Antifreeze Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56 Asia Pacific Antifreeze Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57 China Antifreeze Market, 2020 - 2023, USD Million
TABLE 58 China Antifreeze Market, 2024 - 2031, USD Million
TABLE 59 China Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 60 China Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 61 China Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 62 China Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 63 China Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 64 China Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 65 China Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 66 China Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 67 China Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 68 China Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 69 China Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 70 China Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 71 China Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72 China Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73 Japan Antifreeze Market, 2020 - 2023, USD Million
TABLE 74 Japan Antifreeze Market, 2024 - 2031, USD Million
TABLE 75 Japan Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 76 Japan Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 77 Japan Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 78 Japan Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 79 Japan Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 80 Japan Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 81 Japan Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 82 Japan Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 83 Japan Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 84 Japan Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 85 Japan Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 86 Japan Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 87 Japan Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 88 Japan Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 89 India Antifreeze Market, 2020 - 2023, USD Million
TABLE 90 India Antifreeze Market, 2024 - 2031, USD Million
TABLE 91 India Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 92 India Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 93 India Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 94 India Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 95 India Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 96 India Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 97 India Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 98 India Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 99 India Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 100 India Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 101 India Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 102 India Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 103 India Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 104 India Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 105 South Korea Antifreeze Market, 2020 - 2023, USD Million
TABLE 106 South Korea Antifreeze Market, 2024 - 2031, USD Million
TABLE 107 South Korea Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 108 South Korea Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 109 South Korea Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 110 South Korea Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 111 South Korea Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 112 South Korea Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 113 South Korea Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 114 South Korea Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 115 South Korea Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 116 South Korea Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 117 South Korea Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 118 South Korea Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 119 South Korea Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120 South Korea Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121 Singapore Antifreeze Market, 2020 - 2023, USD Million
TABLE 122 Singapore Antifreeze Market, 2024 - 2031, USD Million
TABLE 123 Singapore Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Singapore Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Singapore Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 126 Singapore Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 127 Singapore Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 128 Singapore Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 129 Singapore Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 130 Singapore Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 131 Singapore Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 132 Singapore Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 133 Singapore Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 134 Singapore Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 135 Singapore Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 136 Singapore Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 137 Malaysia Antifreeze Market, 2020 - 2023, USD Million
TABLE 138 Malaysia Antifreeze Market, 2024 - 2031, USD Million
TABLE 139 Malaysia Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 140 Malaysia Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 141 Malaysia Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 142 Malaysia Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 143 Malaysia Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 144 Malaysia Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 145 Malaysia Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 146 Malaysia Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 147 Malaysia Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 148 Malaysia Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 149 Malaysia Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 150 Malaysia Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 151 Malaysia Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 152 Malaysia Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 153 Rest of Asia Pacific Antifreeze Market, 2020 - 2023, USD Million
TABLE 154 Rest of Asia Pacific Antifreeze Market, 2024 - 2031, USD Million
TABLE 155 Rest of Asia Pacific Antifreeze Market, 2020 - 2023, Kilo Tonnes
TABLE 156 Rest of Asia Pacific Antifreeze Market, 2024 - 2031, Kilo Tonnes
TABLE 157 Rest of Asia Pacific Antifreeze Market by Product, 2020 - 2023, USD Million
TABLE 158 Rest of Asia Pacific Antifreeze Market by Product, 2024 - 2031, USD Million
TABLE 159 Rest of Asia Pacific Antifreeze Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 160 Rest of Asia Pacific Antifreeze Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 161 Rest of Asia Pacific Antifreeze Market by Technology, 2020 - 2023, USD Million
TABLE 162 Rest of Asia Pacific Antifreeze Market by Technology, 2024 - 2031, USD Million
TABLE 163 Rest of Asia Pacific Antifreeze Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 164 Rest of Asia Pacific Antifreeze Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 165 Rest of Asia Pacific Antifreeze Market by Application, 2020 - 2023, USD Million
TABLE 166 Rest of Asia Pacific Antifreeze Market by Application, 2024 - 2031, USD Million
TABLE 167 Rest of Asia Pacific Antifreeze Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 168 Rest of Asia Pacific Antifreeze Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 169 Key Information – Shell plc
TABLE 170 Key Information – BASF SE
TABLE 171 Key Information – Old World Industries, LLC
TABLE 172 Key Information – SONAX GmbH
TABLE 173 Key information – Cummins, Inc.
TABLE 174 Key Information – TotalEnergies SE
TABLE 175 Key Information – AMSOIL Inc.
TABLE 176 Key Information – Paras Lubricants Limited
TABLE 177 Key Information – Exxon Mobil Corporation
TABLE 178 Key Information – China Petrochemical Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Antifreeze Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Antifreeze Market
FIG 4 Porter’s Five Forces Analysis - Antifreeze Market
FIG 5 Asia Pacific Antifreeze Market share by Product, 2023
FIG 6 Asia Pacific Antifreeze Market share by Product, 2031
FIG 7 Asia Pacific Antifreeze Market by Product, 2020 - 2031, USD Million
FIG 8 Asia Pacific Antifreeze Market share by Technology, 2023
FIG 9 Asia Pacific Antifreeze Market share by Technology, 2031
FIG 10 Asia Pacific Antifreeze Market by Technology, 2020 - 2031, USD Million
FIG 11 Asia Pacific Antifreeze Market share by Application, 2023
FIG 12 Asia Pacific Antifreeze Market share by Application, 2031
FIG 13 Asia Pacific Antifreeze Market by Application, 2020 - 2031, USD Million
FIG 14 Asia Pacific Antifreeze Market share by Country, 2023
FIG 15 Asia Pacific Antifreeze Market share by Country, 2031
FIG 16 Asia Pacific Antifreeze Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Shell plc
FIG 18 SWOT Analysis: BASF SE
FIG 19 SWOT Analysis: Old World Industries, LLC
FIG 20 SWOT Analysis: SONAX GmbH
FIG 21 SWOT Analysis: Cummins, Inc.
FIG 22 SWOT Analysis: TotalEnergies SE
FIG 23 SWOT Analysis: AMSOIL Inc.
FIG 24 SWOT Analysis: Paras Lubricants Limited
FIG 25 SWOT Analysis: Exxon Mobil Corporation
FIG 26 Swot Analysis: China Petrochemical Corporation