Antifreeze/Coolant Market Report 2026

The antifreeze/coolant market size has grown steadily in recent years. It will grow from $5.99 billion in 2025 to $6.27 billion in 2026 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to expansion of automotive production volumes, increasing use of internal combustion engines, growth of industrial cooling applications, availability of glycol-based formulations, rising vehicle ownership rates.

The antifreeze/coolant market size is expected to see steady growth in the next few years. It will grow to $7.54 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing electrification of vehicle fleets, rising demand for low-toxicity coolants, expansion of industrial automation systems, growing focus on extended service intervals, increasing investments in advanced thermal management. Major trends in the forecast period include increasing adoption of long-life coolants, rising demand for organic acid technology formulations, growing use in electric and hybrid vehicles, expansion of bio-based coolants, enhanced focus on thermal efficiency.

The rising production of vehicles is expected to drive the growth of the antifreeze/coolant market. Vehicle production includes the manufacturing of passenger cars, light trucks, and utility vehicles such as minivans, pickup trucks, and SUVs. Antifreeze or coolant is essential for regulating engine temperature, preventing freezing or overheating, and protecting against rust and corrosion. For example, in January 2024, the European Automobile Manufacturers Association reported that the EU car market grew by 13.9% in 2023 compared to 2022, reaching total annual sales of 10.5 million vehicles. Therefore, the increase in vehicle production is propelling demand for antifreeze and coolant products.

Prominent companies in the antifreeze/coolant market are strategically focused on introducing cutting-edge solutions, particularly engine coolants, to establish a competitive advantage. Engine coolant, a specialized fluid crucial for maintaining an engine's optimal operating temperature, serves a myriad of functions such as heat dissipation, overheating prevention, and safeguarding against freezing and corrosion. Illustrating this trend, in January 2023, BASF SE, a Germany-based chemicals company, unveiled its GLYSANTIN engine coolants in the Nigerian market. Renowned for their high German quality and diverse protective attributes, GLYSANTIN coolants offer an ideal solution across a spectrum of applications and industry sectors. Their multifaceted protection capabilities effectively mitigate damages and reduce downtime in high-demand scenarios, thereby contributing significantly to ensuring a reliable power supply.

In October 2023, Arteco NV, a Belgium-based developer and manufacturer specializing in antifreeze coolants, forged a partnership with Arom-dekor Kemi aimed at leveraging financial and environmental benefits by repurposing and refining used de-icing fluids for use as a base fluid in coolant production. This collaboration primarily centers on monopropylene glycol (MPG). By amalgamating Vilokan's cutting-edge recycling technology with Arteco's coolant proficiency, the alliance aims to offer consumers a low-toxic, more sustainable alternative by integrating recycled drop-in components in lieu of virgin resources. Arom-Dekor Kemi, a Sweden-based producer of antioxidant, antistatic, and antifreeze products for motor car radiators, plays a pivotal role in this endeavor.

Major companies operating in the antifreeze/coolant market are BASF SE, Dow Inc., Arkema Group, LANXESS AG, Clariant AG, Lubrizol Corporation, Chevron Corporation, Exxon Mobil Corporation, TotalEnergies SE, FUCHS Petrolub SE, Valvoline Inc., Motul, Idemitsu Kosan Co., Ltd., ENEOS Holdings, Inc., Recochem Inc., Old World Industries, LLC, Ashland Global Holdings, Inc., Huntsman Corporation, Eastman Chemical Company, SABIC.

Asia-Pacific was the largest region in the antifreeze/coolant market in 2025. North America is expected to be the fastest-growing region in the global antifreeze/coolant market report during the forecast period. The regions covered in the antifreeze/coolant market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the antifreeze/coolant market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The antifreeze/coolant market consists of sales of sorbitol, calcium chloride, and sodium chloride. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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