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