The global antifreeze market is currently valued at approximately USD 5.8 billion in 2024, and is projected to double to around USD 10.9 billion by 2034-2035 reflecting a solid growth trajectory in the range of 6-7% CAGR
This growth is fuelled largely by the automotive sector (over 60-75% of volume), with helping catalysts from industrial cooling, HVAC systems, marine, and the increasing popularity of electric vehicles requiring advanced thermal management
