Antifreeze Market Size

Antifreeze Market size was valued at USD 5.84 billion in 2024 and is likely to cross USD 13.74 billion by 2037, expanding at more than 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of antifreeze is estimated at USD 6.16 billion. The primary reason behind the growth of the market is the increasing use of vehicles worldwide. To illustrate, rising fuel effectiveness standards are essential for cars and vans as even in the Net Zero Emissions by 2050 Outline, approximately 80% of cars and vans on the road in 2030 are still energized by inside combustion engines. Sales of weighty, less effective SUVs touched almost 46% of international sales in 2022, while electric vehicles were exactly 14% of sales. Continuously more countries are developing vehicle effectiveness standards and some are even placing zero-emission vehicle sales needs.

Another reason that will propel antifreeze market in the forecast period is the increasing demand for coolant in services worldwide. For instance, the percentage of yearly vehicle fuel consumption utilized by MAC differentiates by country, averaging between 3% in colder climates and 20% in hotter climates. Nevertheless, over smaller timescales, MAC can peak at more than 40% in warm climates and congested traffic. For electric vehicles, MAC can limit driving range by around 50% on hot and humid days. Automotive air conditioning systems function under unstable loads to give passengers comfort under extensive outside temperature situations. Under medium operating situations, the temperature stratum in the air stream at the exit of the vaporizer is noticed, which might lead to passengers’ distress. The cause of this issue is the uneven supply of the vaporizer’s parallel channels with the cooling liquid phase from the two-phase amalgamation stream in the header.