In 2023, China's import of anti-freezing preparations and prepared de-icing fluids stood at a lower baseline compared to the forecast data beginning in 2024. The forecast for 2024 is 24.856 million kilograms, showing a progressive annual increase to 27.693 million kilograms by 2028. The data indicates steady growth in demand, with a year-on-year increase consistently above 2% and a compound annual growth rate projecting a moderate uptick over five years.
Future trends to watch:
- Influence of China's infrastructure expansion and transportation growth on demand.
- Environmental regulations potentially impacting the importation and usage patterns.
- Technological advancements in anti-freezing and de-icing solutions.