Antifreeze coolants are used to ensure the transfer of heat under extreme and cold conditions and also preventing engines from overheating. The functioning of an internal combustion engine is known to generate a significant amount of heat and this heat has to be dealt with using a coolant. Choosing antifreeze coolants depends on the type of agent the coolant is made up of, the application it is being used for and the region as well. Antifreeze coolants constitute an extemely vital part in a range of applications such as automotives, aerospace, construction, among others. They are used to cool engine parts and ensure that the engine does not get overheated and also prevent freezing when the engine is being used in extremely cold climate.
Antifreeze coolants are mainly comprised of propylene glycol, ethylene glycol, methanol, and glycerol. Ethylene glycol, while being the most popular, is also associated with higher levels of toxicity and is extremely poisonous to living beings. It is difficult to detect in the human body and the consumption is usually associated with intoxication, diarrhea and can eventually result in death. Propylene glycol is less toxic and is a reason it is safe to be used in processed foods.
Ethylene Glycol is expected to dominate the antifreeze coolant market till the end of the forecast period considered in this report.
The Antifreeze Coolant market can be segmented on the basis of type:
- Ethylene Glycol
- Propylene Glycol
The antifreeze coolant market is also segmented based on technology:
- Organic acid
- inorganic acid
- hybrid organic
The automotive application is expected to account for the largest share of the overall antifreeze coolant market till 2021. Aerospace is another important application area for antifreeze coolants as de-icing materials.
In terms of applications, the Antifreeze Coolant market has been segmented across the following:
This report also covers the antifreeze coolant market for the automotive aftermarket application in terms of Agent, Technology and Type of Vehicle. Europe followed by North America currently account for the largest share of the global antifreeze coolant market. Asia Pacific and South America are slated to grow at higher rates owing to the economic growth and the growing automotive industry in these regions.
The market has been segmented based on the following geographies:
- North America
- South America
- Middle East
Following are just a few of the companies that are operating in the Antifreeze Coolant market:
- Royal Dutch Shell Plc
- Chevron Corporation
- BP Plc
- The Dow Chemical Company