Europe Antifreeze Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Ethylene Glycol, Propylene Glycol, Glycerin, and Methanol), Technology Type (Organic Acid Technology (OAT) Antifreeze, Inorganic Acid Technology (IAT) Antifreeze, and Hybrid Organic Acid Technology (HOAT)), and Application (Automobile, Construction, Electronics, and Others)

Code: TIPRE00019155 | Pages: 123 | Industry: Chemicals and Materials | Date: Feb 2021
Covid

Market Introduction

European continent comprises several developed and developing economies such as Germany, France, Italy, UK, and Russia, among others. In Europe, 75% of freight is conveyed through roads. Most nations in Europe witness snowfall, which hinders the efficiency of transportation in Europe. This is the main reason for antifreeze agents finding a notable place in the region. Besides, around 16.2 million automobiles are produced across 25 countries in Europe. Most of the high-performance four-wheeler companies are located in Germany, Italy, France, the UK, and Poland. The demand for light vehicles and heavy trucks across Europe is fueling the antifreeze market. Vehicle manufacturers from Europe primarily prefer HOAT antifreeze. HOAT (hybrid OAT) mainly consists of organic acids and silicates to protect aluminum surfaces.


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Market Overview and Dynamics

The Antifreeze market in Europe is expected to grow from US$ 1,276.12 million in 2019 to US$ 1,920.68 million by 2027; it is estimated to grow at a CAGR of 5.4% from 2020 to 2027. Antifreeze is a type of additive that helps in lowering the freezing point in a water-based liquid. A mixture of antifreeze is used to obtain freezing point depression for cold environments. Antifreeze are used to increase the boiling point of the liquid and provide higher coolant temperature. It is mainly deployed in automobiles for the purpose of altering the freezing point and the boiling point of coolants in the combustions placed internally in the liquid cooled engines. Antifreeze can be developed from organic acid, azoles and inorganic salts or from the combination of these. It helps in preventing rigid enclosures from bursting when they expand due to freezing.

 

COVID 19 has impacted the major countries of Europe. Most of the countries in the region are under lockdown, which is impacting the Antifreeze Market. This is likely to impact the chemicals and materials industry in the region, mainly due disrupted supply and distribution chains.

 

 

 

Key Market Segments

In terms of product type, ethylene glycol segment accounted for the largest share of the Europe Antifreeze market. In 2019 In terms of technology type, organic acid technology antifreeze segment held the largest market share in 2019. In terms of application, automobile sector accounted for the largest share of the Europe Antifreeze market.

 

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe Antifreeze market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BP p.l.c, Chevron Corporation, BASF SE, CCI Corporation., Old World Industries, LLC, Prestone Products Corporation, Total, Exxon Mobil Corporation and Royal Dutch Shell Plc.

Reasons to Buy Report

  • Understand the Europe Antifreeze market landscape and identify segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive market landscape in Europe
  • Efficiently plan mergers and acquisitions, and partnership deals in the Europe Antifreeze market by identifying market segments with the most promising probable sales
  • Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
  • Obtain market revenue forecast for market by various segments for the period 2019–2027

Europe Antifreeze Market Segmentation

Europe Antifreeze market, by Product Type

  • Ethylene glycol
  • Propylene glycol
  • Glycerin
  • Methanol

 


Europe Antifreeze market, by Technology Type

  • Organic Acid Technology Type Antifreeze
  • Inorganic Acid Technology Type Antifreeze
  • Hybrid Organic Acid Technology Type

Europe Antifreeze market – by Application

  • Automobile
  • Construction
  • Electronics
  • Others

Europe Antifreeze market – by Country

    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe

 

Company Profiles

  • BP p.l.c
  • Chevron Corporation
  • BASF SE
  • CCI Corporation
  • Old World Industries, LLC
  • Prestone Products Corporation
  • Total SE
  • Exxon Mobil Corporation
  • Royal Dutch Shell Plc

 

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Antifreeze Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        Europe

4.3         Expert Opinion

5.           Antifreeze Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        There has been a rise in the Demand for High Performance Vehicles

5.1.2        There has been an increasing use of Antifreeze in Non-Automotive Applications

5.2         Market Restraints

5.2.1        Harmful Environmental Effects and Fluctuating Raw Material Prices

5.3         Market Opportunities:

5.3.1        Development of Eco-Friendly and Bio-Based Antifreezes

5.4         Future Trends:

5.4.1        Rising Demand from the Aerospace Sector

5.5         Impact Analysis of Drivers and Restraints

6.           Antifreeze – Europe Market Analysis

6.1         Antifreeze Market Overview

6.2         Market Positioning – Europe Market Players

7.           Antifreeze Market Analysis – By Product Type

7.1         Overview

7.2         Europe Antifreeze Market, By Product Type (2019 and 2027)

7.3         Ethylene Glycol

7.3.1        Overview

7.3.2        Ethylene Glycol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

7.4         Propylene Glycol

7.4.1        Overview

7.4.2        Propylene Glycol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

7.5         Glycerin

7.5.1        Overview

7.5.2        Glycerin: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

7.6         Methanol

7.6.1        Overview

7.6.2        Methanol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

8.           Antifreeze Market Analysis – By Technology Type

8.1         Overview

8.2         Europe Antifreeze Market, By Technology Type (2019 and 2027)

8.3         Organic Acid Technology Antifreeze (OAT)

8.3.1        Overview

8.3.2        Organic Acid Technology Antifreeze (OAT): Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

8.4         Inorganic Acid Technology Antifreeze (IAT)

8.4.1        Overview

8.4.2        Inorganic Acid Technology Antifreeze (IAT): Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

8.5         Hybrid Organic Acid Technology (HOAT)

8.5.1        Overview

8.5.2        Hybrid Organic Acid Technology (HOAT): Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

9.           Antifreeze Market Analysis – By Application

9.1         Overview

9.2         Europe Antifreeze Market, By Application (2019 and 2027)

9.3         Automobile

9.3.1        Overview

9.3.2        Automobile: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

9.4         Construction

9.4.1        Overview

9.4.2        Construction: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

9.5         Electronics

9.5.1        Overview

9.5.2        Electronics: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

10.        Europe Antifreeze Market – Country Analysis

10.1      Overview

10.1.1     Europe: Antifreeze Market, by Key Country

10.1.1.1       Germany: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       Germany: Antifreeze Market, by Product Type

10.1.1.1.2       Germany: Antifreeze Market, by Technology Type

10.1.1.1.3       Germany: Antifreeze Market, by Application

10.1.1.2       France: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       France: Antifreeze Market, by Product Type

10.1.1.2.2       France: Antifreeze Market, by Technology Type

10.1.1.2.3       France: Antifreeze Market, by Application

10.1.1.3       Italy: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Italy: Antifreeze Market, by Product Type

10.1.1.3.2       Italy: Antifreeze Market, by Technology Type

10.1.1.3.3       Italy: Antifreeze Market, by Application

10.1.1.4       United Kingdom: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1       United Kingdom: Antifreeze Market, by Product Type

10.1.1.4.2       United Kingdom: Antifreeze Market, by Technology Type

10.1.1.4.3       United Kingdom: Antifreeze Market, by Application

10.1.1.5       Russia: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.5.1       Russia: Antifreeze Market, by Product Type

10.1.1.5.2       Russia: Antifreeze Market, by Technology Type

10.1.1.5.3       Russia: Antifreeze Market, by Application

10.1.1.6       Rest of Europe: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.6.1       Rest of Europe: Antifreeze Market, by Product Type

10.1.1.6.2       Rest of Europe: Antifreeze Market, by Technology Type

10.1.1.6.3       Rest of Europe: Antifreeze Market, by Application

11.        Overview- Impact of COVID-19

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Strategy & Business Planning

12.1      Product News

13.        Key Company Profiles

13.1      Bp p.l.c.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.2      Chevron Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.3      BASF SE

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.4      CCI Corporation

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.5      Old World Industries, LLC

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.6      Prestone Products Corporation

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.7      Exxon Mobil Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.8      Total

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.9      Royal Dutch Shell Plc

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary

LIST OF TABLES

Table 1.             Europe Antifreeze Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             Germany: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 5.             France: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.             France: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 7.             France: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 10.          Italy: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 11.          United Kingdom: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 12.          United Kingdom: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 13.          United Kingdom: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Russia: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 15.          Russia: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 16.          Russia: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of Europe: Antifreeze Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of Europe: Antifreeze Market, by Technology Type–Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of Europe: Antifreeze Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 20.          Glossary of Terms, Europe Antifreeze Market

LIST OF FIGURES

Figure 1.           Europe Antifreeze Market Segmentation

Figure 2.           Europe Antifreeze Market Segmentation – By Country

Figure 3.           Europe Antifreeze Market Overview

Figure 4.           Ethylene Glycol Segment Held Largest Share of Europe Antifreeze Market

Figure 5.           US Region Held Largest Share of Europe Antifreeze Market

Figure 6.           Europe Antifreeze Market, Industry Landscape

Figure 7.           Europe PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Europe Antifreeze Market Impact Analysis of Driver and Restraints

Figure 10.        Europe: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Europe Antifreeze Market Revenue Share, by Product Type (2019 and 2027)

Figure 12.        Europe Ethylene Glycol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.        Europe Propylene Glycol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        Europe Glycerin: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        Europe Methanol: Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        Europe Antifreeze Market Revenue Share, by Technology Type (2019 and 2027)

Figure 17.        Organic Acid Technology Antifreeze (OAT): Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Inorganic Acid Technology Antifreeze (IAT): Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        Hybrid Organic Acid Technology (HOAT): Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Europe Antifreeze Market Revenue Share, by Application (2019 and 2027)

Figure 21.        Automobile: Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Construction: Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Electronics: Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        Others: Europe Antifreeze Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 25.        Europe: Antifreeze Market Revenue Share, by Key Country (2019 and 2027)

Figure 26.        Germany: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        France: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Italy: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        United Kingdom: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Russia: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Rest of Europe: Antifreeze Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Impact of COVID-19 Pandemic in Europe Country Markets

 

 

  1. BP p.l.c
  2. Chevron Corporation
  3. BASF SE
  4. CCI Corporation
  5. Old World Industries, LLC
  6. Prestone Products Corporation
  7. Total SE
  8. Exxon Mobil Corporation
  9. Royal Dutch Shell Plc

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Antifreeze market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Antifreeze market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Antifreeze market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 
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