Market Forecast By Base Fluid (Ethylene Glycol, Propylene Glycol , Glycerine), By Technology (OAT, HOAT, IAT), By Application (Automotive, Industrial), And Competitive Landscape
| Product Code: ETC4487969 | Publication Date: Jul 2023 | Updated Date: Jan 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 66 | No. of Figures: 16 | No. of Tables: 8 |
Indonesia`s import trend for antifreeze/coolant in 2024 exhibited a growth rate of 18.83% compared to the previous year, with a compound annual growth rate (CAGR) of 15.23% from 2020 to 2024. This import momentum can be attributed to increasing demand for automotive products in the Indonesian market, indicating a positive market stability and consumer interest in antifreeze/coolant products during this period.

Indonesia Antifreeze/Coolant Market Report thoroughly covers the market by base fluid, technology and application. Indonesia Antifreeze/Coolant Market Outlook report provides an unbiased and detailed analysis of the ongoing Indonesia Antifreeze/Coolant Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Indonesia Antifreeze/Coolant market has experienced notable growth in recent years, driven by rise in motorcycles and scooters production and sales. Motorcycle and scooters production increased from 2023 to 2024, while sales rose over the same period. This expansion in two-wheeler production and sales has directly fueled demand for automotive fluids, including antifreeze/coolants, as more vehicles on the road require regular maintenance and replacement of these products. The market grew further due to the steady growth of manufacturing sector, which expanded in 2023 and accounts for Indonesia’s total GDP. As manufacturing activities intensified, the need for reliable machinery and industrial vehicles increased, which drove demand for engine protection products such as antifreeze/coolant.

According to 6Wresearch, Indonesia Antifreeze/Coolant Market revenue size is projected to grow at a CAGR of 8.6% during 2025-2031. This expansion is supported by upcoming automotive plants, such as BYD’s electric vehicle plant scheduled for 2026 and Bosch’s Modular Manufacturing Plant, set to produce a range of automotive components by 2027. These facilities are expected to increase vehicle output and component production, which would, in turn, drive higher consumption of antifreeze/coolant for both assembly and ongoing maintenance purposes. Moreover, the expansion of heavy and process industries, including projects like the Steel Pipe Manufacturing Plant (ISSP/SPINDO) by 2026 and the POSCO + Tsingshan 2 Mt Stainless Steel Plant by 2027, is anticipated to further stimulate the antifreeze/coolant market.
Large-scale steel plants and process facilities operate high-capacity machinery and equipment that depend on industrial-grade coolants to ensure continuous and efficient operation. Additionally, the growing automotive aftermarket, projected to reach more in revenue by 2028, would further boost demand for antifreeze/coolant. As vehicles age and require routine maintenance and replacement of critical engine fluids, aftermarket consumption becomes a significant driver for the market. The combined effect of new automotive manufacturing plants, expansion of heavy and process industries, and a thriving automotive aftermarket is expected to create sustained growth opportunities for the antifreeze/coolant market in Indonesia.

In the coming years, propylene glycol is expected to witness accelerated revenue growth in Indonesia antifreeze/coolant market, driven by rising adoption of low-toxicity and environmentally safer coolant formulations, increasing demand from food-grade, pharmaceutical, and HVAC applications, and tightening safety and environmental norms. Growing preference in electric vehicles, hybrid systems, and enclosed industrial cooling loops where human exposure risk is higher further supports its growth trajectory.
In the coming years, OAT-based coolants are expected to witness the fastest revenue growth in Indonesia antifreeze/coolant market, driven by rising penetration of modern passenger vehicles, increasing OEM shift toward long-life coolant specifications, and growing awareness of lower maintenance and extended drain benefits. This formulation aligns with evolving vehicle parc dynamics, higher aluminum engine content, and the need for reduced lifecycle servicing in urban and fleet operating environments.
In the coming years, the automotive sector is expected to witness the fastest revenue growth in Indonesia’s antifreeze/coolant market, driven by rising vehicle production, an expanding vehicle parc, higher maintenance awareness, and the adoption of longer drain-life coolants. Growth will be further reinforced by vehicle electrification, advanced thermal-management requirements, stricter emission norms, and upcoming automotive manufacturing plants, boosting localization and nationwide demand.

The report provides a detailed analysis of the following market segments:
| 1. Executive Summary |
| 2. Introduction |
| 2.1. Report Description |
| 2.2. Key Highlights of the Report |
| 2.3. Market Scope & Segmentation |
| 2.4. Research Methodology |
| 2.5. Assumptions |
| 3. Indonesia Antifreeze/Coolant Market Overview |
| 3.1. Indonesia Macroeconomic Indicators |
| 3.2. Indonesia Antifreeze/Coolant Market Revenues, 2021-2031F |
| 3.3. Indonesia Antifreeze/Coolant Market Industry Life Cycle |
| 3.4. Indonesia Antifreeze/Coolant Market Porter's Five Forces |
| 4. Indonesia Antifreeze/Coolant Market Dynamics |
| 4.1. Impact Analysis |
| 4.2. Market Drivers |
| 4.3. Market Restraints |
| 5. Indonesia Antifreeze/Coolant Market Trends |
| 6. Indonesia Antifreeze/Coolant Market Overview, By Base Fluid |
| 6.1. Indonesia Antifreeze/Coolant Market Revenue Share, By Base Fluid, 2024 & 2031F |
| 6.1.1. Indonesia Antifreeze/Coolant Market Revenues, By Ethylene Glycol, 2021-2031F |
| 6.1.2. Indonesia Antifreeze/Coolant Market Revenues, By Propylene Glycol , 2021-2031F |
| 6.1.3. Indonesia Antifreeze/Coolant Market Revenues, By Glycerine, 2021-2031F |
| 7. Indonesia Antifreeze/Coolant Market Overview, By Technology |
| 7.1. Indonesia Antifreeze/Coolant Market Revenue Share, By Technology, 2024 & 2031F |
| 7.1.1. Indonesia Antifreeze/Coolant Market Revenues, By OAT, 2021-2031F |
| 7.1.2. Indonesia Antifreeze/Coolant Market Revenues, By HOAT, 2021-2031F |
| 7.1.3. Indonesia Antifreeze/Coolant Market Revenues, By IAT, 2021-2031F |
| 8. Indonesia Antifreeze/Coolant Market Overview, By Application |
| 8.1. Indonesia Antifreeze/Coolant Market Revenue Share, By Application, 2024 & 2031F |
| 8.1.1. Indonesia Antifreeze/Coolant Market Revenues, By Automotive, 2021-2031F |
| 8.1.2. Indonesia Antifreeze/Coolant Market Revenues, By Industrial, 2021-2031F |
| 9. Indonesia Antifreeze/Coolant Market Key Performance Indicators |
| 10. Indonesia Antifreeze/Coolant Market Opportunity Assessment |
| 10.1. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Base Fluid, 2031F |
| 10.2. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Technology, 2031F |
| 10.3. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Application, 2031F |
| 11. Indonesia Antifreeze/Coolant Market Competitive Landscape |
| 11.1. Indonesia Antifreeze/Coolant Market Revenue Share, By Top 3 Companies, 2024 |
| 11.2. Indonesia Antifreeze/Coolant Market Competitive Benchmarking, By Operating Parameters |
| 12. Company Profiles |
| 12.1 PT Pertamina Lubricants |
| 12.2 Chevron Corporation |
| 12.3 Valvoline Inc. |
| 12.4 BASF Group |
| 12.5 Hinduja Group Ltd. (Gulf Oil Corporation) |
| 12.6 BP Plc |
| 12.7 Exxon Mobil Corporation |
| 12.8 FUCHS SE |
| 12.9 TotalEnergies SE |
| 12.10 Shell Plc |
| 13. Key Strategic Recommendations |
| 14. Disclaimer |
| List of Figures |
| 1. Indonesia General Government Gross Debt 2021-2026F, (% of GDP) |
| 2. Indonesia Real GDP Growth, YOY Change, 2021-2026F & 2030F, (in %) |
| 3. Indonesia Antifreeze/Coolant Market Revenues, 2021-2031F ($ Million) |
| 4. Indonesia Major Automotive Investments |
| 5. Indonesia Construction Sector, ($ Billion), (2024-2030F) |
| 6. Indonesia Antifreeze/Coolant Market Revenue Share, By Base Fluid, 2024 & 2031F |
| 7. Indonesia Antifreeze/Coolant Market Revenue Share, By Technology, 2024 & 2031F |
| 8. Indonesia Antifreeze/Coolant Market Revenue Share, By Application, 2024 & 2031F |
| 9. Indonesia Motorcycles & Scooters Production and Sales, (Units), (Sept 2023-2024) |
| 10. Indonesia Motor Vehicle Production and Sales, (Units), (Sept 2023-2024) |
| 11. Indonesia Total Registered Motor Vehicles, By Type (Million Units), (2022-2024) |
| 12. Indonesia Large and Medium Manufacturing Production Index (2010=100), (2021-2024) |
| 13. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Base Fluid, 2031F |
| 14. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Technology, 2031F |
| 15. Indonesia Antifreeze/Coolant Market Opportunity Assessment, By Application, 2031F |
| 16. Indonesia Antifreeze/Coolant Market Top 3 Market Share, By Companies, 2024 |
| List of tables |
| 1. Indonesia Key Figures, 2024-2025E & 2030F |
| 2. Indonesia Automotive Plants (2026F-2028F) |
| 3. Indonesia Upcoming Infrastructure Projects (2026F-2029F) |
| 4. Indonesia Antifreeze/Coolant Market Revenues, By Base Fluid, 2021-2031F ($ Million) |
| 5. Indonesia Antifreeze/Coolant Market Revenues, By Technology, 2021-2031F ($ Million) |
| 6. Indonesia Antifreeze/Coolant Market Revenues, By Application, 2021-2031F ($ Million) |
| 7. Indonesia’s EV Production Targets (Units) |
| 8. Indonesia Upcoming Steel Plants (2026F & 2027F) |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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