Chemicals, Fuels & Wood Products

Antifreeze: Market Size, Growth & Forecast to 2030

The Antifreeze market is valued at about $6 billion (2026) and is projected to grow at a 4.7% CAGR through 2030. The largest cost driver is ethylene glycol feedstock (55% of spend). North America leads demand at 34%.

Market size
$6.00 bn (2026)
CAGR to 2030
+4.7%
Buyer power
Favours buyers
Tracked suppliers
25

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.7% CAGR.

1261171091001002026104.72027109.62028114.82029120.22030125.82031

Cost structure

ethylene glycol feedstock
55%
conversion and additives
20%
energy and utilities
11%
packaging
8%
logistics and transport
6%

Regional demand split

North America demand
34%
Asia-Pacific demand
30%
Europe demand
27%

Key suppliers

Dow Inc.SABICSinopecRoyal Dutch ShellBASF SE
Read the full Antifreeze report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/antifreeze