Middle East & Africa Antifreeze Market Size & Outlook
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MEA antifreeze market highlights
- The MEA antifreeze market generated a revenue of USD 326.8 million in 2024.
- The market is expected to grow at a CAGR of 5.1% from 2025 to 2030.
- In terms of segment, ethylene glycol was the largest revenue generating product in 2024.
- Ethylene Glycol is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 326.8 million |
| Market revenue in 2030 | USD 441.7 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Ethylene glycol |
| Fastest growing segment | Ethylene Glycol |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethylene Glycol, Propylene Glycol, Glycerin |
| Key market players worldwide | Basf SE, Sonax, AMSOIL, CCI Corporation, Old World Industries, KMCO, Kost USA, Recochem, Mitan, PARAS LUBRICANTS LIMITED, Gulf Oil, Millers Oils Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.7% of the global antifreeze market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,357.4 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Antifreeze Market Scope
Antifreeze Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Millers Oils Ltd | View profile | 51-100 | Brighouse, York, United Kingdom, Europe | http://www.millersoils.co.uk/ |
| PARAS LUBRICANTS LIMITED | View profile | 11-50 | https://www.palco.co.in/ | |
| Mitan | View profile | 1-10 | Sömmerda, Thuringen, Germany, Europe | http://www.mitan.de/ |
| Recochem | View profile | 501-1000 | Montréal, Quebec, Canada, North America | http://www.recochem.com/ |
| Kost USA | View profile | 101-250 | Cincinnati, Ohio, United States, North America | https://www.kostusa.com |
| KMCO | View profile | 101-250 | Houston, Texas, United States, North America | http://kmcollc.com/ |
| Old World Industries | View profile | 251-500 | Northbrook, Illinois, United States, North America | https://www.owi.com/ |
| CCI Corporation | View profile | 11-50 | Seki, Gifu, Japan, Asia | https://cci-corporation.com |
| Gulf Oil | View profile | 1001-5000 | Framingham, Massachusetts, United States, North America | https://gulfoil.com |
| AMSOIL | View profile | 251-500 | Superior, Wisconsin, United States, North America | http://amsoil.com |
| Sonax | View profile | 251-500 | Neuburg-donau, Bayern, Germany, Europe | https://www.sonax.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
MEA antifreeze market size, by country, 2018-2030 (US$M)
Middle East & Africa Antifreeze Market Outlook Share, 2024 & 2030 (US$M)
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