Electric Vehicles Fluids and Lubricants Market

Electric Vehicles Fluids and Lubricants Market Size, Share, Trends, Growth, and Industry Analysis, By product type (Engine Oil, Coolant, Transmission Fluids, Greases, And Other Product Types), Propulsion Type (Battery Electric Vehicles, Hybrid Electric Vehicles, And Plug-In Hybrid Electric Vehicles, Vehicle Type (Passenger Vehicles, Commercial Vehicles, And Other Vehicle Types), Regional Analysis and Forecast 2032.

Chemical & Material | November 2022 | Report ID: EMR002 | Pages: 250

Global Electric Vehicles Fluids and Lubricants Market is predicted to reach approximately USD 9.04 billion by 2032, at a CAGR of 20.97% from 2024 to 2032.

 

The Global Electric Vehicles Fluids and Lubricants market caters to the manufacturing and distribution of specialized fluids and lubricants tailored for electric vehicles (EVs). These products are vital for ensuring the efficient operation and durability of EV components such as electric drivetrains and battery systems. As the demand for EVs rises worldwide due to environmental concerns and technological advancements, this market experiences steady growth. Manufacturers are investing in research and development to create high-performance formulations that enhance EV efficiency while minimizing environmental impact. This dynamic sector offers promising opportunities for stakeholders across the supply chain, poised for further expansion and innovation.

 

Global Electric Vehicles Fluids and Lubricants report scope and segmentation.

Report Attribute

Details

Estimated Market Value (2023)

USD 1.63 billion

Projected Market Value (2032)

USD 9.04 billion

Base Year

2023

Forecast Years

2024 – 2032

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Product Type, By Propulsion Type, By Vehicle Type, & Region.

Segments Covered

By Product Type, By Propulsion Type, By Vehicle Type, & By Region.

Forecast Units

Value (USD Billion or Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2024 to 2032.

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others.

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Global Electric Vehicles Fluids and Lubricants dynamics

 

The primary driving force behind the increasing global adoption of electric vehicles is the government's promotion of sustainable transportation options through incentives, stricter emissions regulations, and growing environmental awareness. The increased demand for specialty fluids and lubricants meant to maximise the longevity and performance of electric drivetrains and battery systems is a direct result of this surge in EV adoption. Furthermore, as EV technology continues to progress, improvements in battery efficiency and range add to the changing needs for fluids and lubricants, which drives industry innovation.

Moreover, the competitive landscape of the market is influenced by the presence of established automotive lubricant manufacturers alongside new entrants focusing specifically on electric vehicle fluids. This dynamic competition encourages product innovation and the development of environmentally friendly formulations to meet the unique needs of electric vehicles. Furthermore, collaborations and partnerships between EV manufacturers and fluid/lubricant suppliers play a significant role in driving market growth, facilitating the development of tailored solutions and expanding market reach.

Additionally, factors such as fluctuating raw material prices, evolving regulatory landscapes, and advancements in sustainable manufacturing practices also impact market dynamics, influencing product pricing, supply chain strategies, and overall market trends. As the electric vehicle market continues to mature and evolve, the Global Electric Vehicles Fluids and Lubricants sector is expected to witness further growth, innovation, and strategic collaborations to meet the evolving needs of electric vehicle owners and manufacturers alike.

 

Global Electric Vehicles Fluids and Lubricants drivers

 

  • Rapid Expansion of Electric Vehicle Market

The exponential growth of the electric vehicle market acts as a primary driver for the Global Electric Vehicles Fluids and Lubricants sector. As governments worldwide implement stringent emission regulations and incentivize the adoption of electric vehicles to combat climate change, there is a significant shift towards electric mobility. This shift creates a substantial demand for specialized fluids and lubricants tailored for electric drivetrains and battery systems. Manufacturers in the sector are poised to benefit from this trend, as they cater to the unique requirements of electric vehicles, ensuring optimal performance and longevity of critical components. With the electric vehicle market projected to continue its upward trajectory, the demand for specialized fluids and lubricants is expected to follow suit, driving growth in the sector.

  • Technological Advancements in Electric Vehicle Components

Another important factor driving the market is the continuous development of electric vehicle technology, particularly in the areas of battery efficiency and electric drivetrain design. The needs for fluids and lubricants change along with electric vehicles as they become more efficient, have longer ranges, and can charge more quickly. In order to innovate and create high-performance formulations that can survive the particular operating conditions of electric vehicles, such as high temperatures and heavy loads, manufacturers are spending money on research and development. These developments in technology give manufacturers the chance to launch cutting-edge goods that improve the effectiveness, dependability, and sustainability of electric vehicles, spurring market expansion.

 

Restraints:

 

  • Limited Consumer Awareness and Acceptance

Even though electric vehicles are becoming more and more popular, a sizable portion of the consumer base still has little knowledge of or acceptance of electric mobility. There may be misunderstandings about the efficiency and performance of electric vehicles relative to their conventional counterparts, and many consumers are not familiar with the specific fluids and lubricants needed for them. Because of this lack of knowledge and acceptance, manufacturers may find it difficult to inform and persuade consumers of the advantages of using specialised fluids and lubricants in electric vehicles, which could impede market growth.

  • High Initial Investment Costs

The high initial investment costs involved in creating and producing specialised products for electric vehicles are another barrier to the growth of the global market for fluids and lubricants for electric vehicles. Producing fluids and lubricants for electric vehicles necessitates additional research, testing, and quality control procedures in order to meet the specific performance requirements. This is in contrast to conventional fluids and lubricants, which have established supply chains and manufacturing processes. These extra expenses could discourage some manufacturers from entering the market or raise consumer prices, which could limit market penetration and adoption rates.

 

Opportunities:

 

  • Expansion of Electric Vehicle Charging Infrastructure

The market is poised for substantial growth due to the continuous development of the infrastructure supporting electric vehicle charging. The need for fluids and lubricants used in charging equipment such as connectors, cables, and cooling systems is rising in tandem with government and private sector investments in the construction of additional charging stations to accommodate the expanding fleet of electric vehicles. In order to meet the changing needs of owners and operators of electric vehicles, manufacturers can take advantage of this opportunity by creating specialised products that improve the effectiveness and dependability of the infrastructure for charging electric vehicles.

 

Segment Overview

 

  • By Product Type

The market offers a range of products tailored to meet the unique lubrication and maintenance needs of electric vehicles. This includes engine oil, coolant, transmission fluids, greases, and other specialized fluids and lubricants. Engine oil formulations are adapted to the specific requirements of electric drivetrains, focusing on heat dissipation and component protection. Coolants are crucial for regulating temperature in electric vehicle systems, while transmission fluids ensure smooth operation of transmission components. Greases are utilized for lubricating various mechanical components, such as bearings and joints, within electric vehicles. Additionally, manufacturers develop other product types to address specific lubrication and maintenance needs unique to electric vehicle systems.

  • By Propulsion Group

Electric vehicles are classified into different propulsion groups based on their power sources and operational modes. These include Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), and Plug-in Hybrid Electric Vehicles (PHEVs). BEVs rely solely on electric propulsion, utilizing rechargeable battery packs as their primary energy source. HEVs combine internal combustion engines with electric propulsion systems, enabling them to operate on both electric power and conventional fuel. PHEVs feature larger battery packs than traditional hybrids, allowing them to travel extended distances on electric power alone before switching to internal combustion engine operation or recharging. Each propulsion group has distinct lubrication and maintenance requirements, driving the demand for specialized fluids and lubricants tailored to their unique operating characteristics.

  • By Vehicle Type

Electric vehicles serve diverse transportation needs across various vehicle types, including passenger vehicles, commercial vehicles, and other specialized vehicle types. Passenger vehicles encompass a wide range of electric cars and SUVs designed for personal transportation, while commercial vehicles include electric buses, trucks, and vans used for freight transport and public transit. Other vehicle types encompass niche segments such as electric motorcycles, scooters, and off-road vehicles. Each vehicle type has specific lubrication and maintenance requirements dictated by factors such as vehicle size, weight, usage patterns, and operating environments. Manufacturers develop tailored fluids and lubricants to meet the diverse needs of different vehicle types, ensuring optimal performance and durability across various applications in the electric vehicle market.

 

Global Electric Vehicles Fluids and Lubricants Overview by Region

 

In regions like Europe and North America, stringent emissions regulations and ambitious climate targets drive robust demand for electric vehicles, fostering a supportive ecosystem for the development and adoption of specialized fluids and lubricants. These regions boast mature automotive markets with well-established charging infrastructure and a growing network of electric vehicle manufacturers, creating significant opportunities for fluid and lubricant suppliers. Meanwhile, emerging economies in Asia Pacific, including China and India, witness rapid urbanization, increasing disposable incomes, and government initiatives to promote electric mobility, fuelling the expansion of the electric vehicle market. As these regions transition towards cleaner transportation solutions, there is a growing need for advanced fluids and lubricants optimized for electric vehicles, presenting lucrative growth prospects for market players. Additionally, regions such as Latin America, the Middle East, and Africa are witnessing nascent but promising developments in electric vehicle adoption, driven by evolving regulatory frameworks, rising environmental consciousness, and investments in sustainable transportation infrastructure. While challenges such as infrastructure gaps and economic constraints persist in these regions, ongoing efforts to promote electric mobility are expected to drive the demand for specialized fluids and lubricants in the coming years.

 

Global Electric Vehicles Fluids and Lubricants market competitive landscape

 

Major companies such as Exxon Mobil Corporation, Royal Dutch Shell plc, and TotalEnergies SE dominate the market with their extensive product portfolios, global presence, and strong brand recognition. These industry giants invest heavily in research and development to develop cutting-edge formulations that meet the evolving needs of electric vehicle manufacturers and consumers. Additionally, partnerships and collaborations with electric vehicle manufacturers and charging infrastructure providers enable these companies to expand their market reach and offer integrated solutions. At the same time, a growing number of niche players and start-ups are entering the market, focusing on developing specialized fluids and lubricants optimized for electric drivetrains and battery systems. These innovative companies often leverage sustainable materials, advanced additives, and proprietary technologies to differentiate their products and gain a competitive edge. Furthermore, regional players in emerging markets contribute to the competitive landscape, catering to local demand and addressing specific market needs. As the electric vehicle market continues to expand globally, competition intensifies, driving manufacturers to innovate, differentiate, and collaborate to capture market share and capitalize on the growing opportunities in the electric vehicles fluids and lubricants segment.

 

Global Electric Vehicles Fluids and Lubricants Recent Developments

 

  • Nov 2022,TotalEnergies Marketing India Private Limited (TEMIPL), a subsidiary of TotalEnergies, is introducing new ranges of EV Fluids in India tailored for electric and hybrid vehicles, as well as electric bikes. These innovative products, namely Quartz EV Fluid for cars and Hi-Perf EV Fluid for bikes, have been meticulously crafted to cater to drivetrain reducers, e-motors, e-transmissions, and batteries in electric and hybrid vehicles. Specifically engineered to offer heightened electrical properties to mitigate short circuits and static electricity, they boast outstanding compatibility with copper coils and the latest polymer materials utilized in electric vehicles.
  • Jan 2023, Valvoline has unveiled a new line of performance fluids designed specifically for electric vehicles (EVs), catering to the dynamic demands of the swiftly evolving EV market. These cutting-edge EV fluids are meticulously crafted to enhance battery longevity and address prevalent issues encountered in electric vehicles. They are compatible with Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), and Plug-in Hybrid Electric Vehicles (PHEVs), reflecting Valvoline's commitment to driving innovation in sustainable automotive solutions.
  • Sept 2022, Gulf Oil Lubricants unveiled its exclusive line of EV fluids tailored for electric three-wheelers and buses, as part of its collaboration with Piaggio Vehicles Pvt Ltd and Switch Mobility. These specialized fluids are designated for employment in Piaggio's Passenger & Cargo electric three-wheelers, as well as Switch Mobility's electric buses, including models like Switch EiV 12 and Switch EiV 22.

 

Scope of global Electric Vehicles Fluids and Lubricants report

Global Electric Vehicles Fluids and Lubricants report segmentation

ATTRIBUTE

DETAILS

By Product Type

  • Engine oil
  • Coolant
  • Transmission fluids
  • Greases
  • Other product types

By Propulsion Group

  • Battery electric vehicles (BEVs)
  • Hybrid electric vehicles (HEVs)
  • Plug-in hybrid electric vehicles (PHEVs)

By Vehicle Type

  • Passenger vehicles
  • Commercial vehicles
  • Other vehicle types

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Global Electric Vehicles Fluids and Lubricants size and forecast: To identify and estimate the market size for global Electric Vehicles Fluids and Lubricants market segmented by Product Type, By Propulsion Type, By Vehicle Type, and by region. Also, to understand the consumption/ demand created by consumers between 2024 and 2032.
  • Market Landscape and Trends: To identify and infer the drivers, restraints, opportunities, and challenges for global Electric Vehicles Fluids and Lubricants
  • Market Influencing Factors: To find out the factors which are affecting the market of global Electric Vehicles Fluids and Lubricants among consumers.
  • Company Profiling: To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Chapter 1 INTRODUCTION

1.1 OBJECTIVE OF THE STUDY

1.2 KEY QUESTIONS ANSWERED IN THIS REPORT

1.2.1 CURRENCY AND PRICING

1.2.2 GEOGRAPHIC SCOPE

1.2.3 YEARS CONSIDERATION

Chapter 2 Research Methodology

2.1 Research Methodology

2.2 MARKET RESEARCH APPROACHES

2.3 RESEARCH ASSUMPTION

Chapter 3 EXECUTIVE SUMMARY

3.1 KEY INSIGHTS OF THE STUDY

3.2 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY TYPE MARKET SHARE IN 2021

3.2.1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY TYPE MARKET SHARE IN 2021

3.3 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY PROPULSION MARKET SHARE IN 2021

3.3.1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY PROPULSION MARKET SHARE IN 2021

3.4 COMPETITIVE GRID

Chapter 4 PREMIUM INSIGHT

4.1 MARKET ATTRACTIVENESS ANALYSIS

4.2 INDUSTRY SWOT ANALYSIS

4.2.1 STRENGTHS

4.2.2 WEAKNESSES

4.2.3 OPPORTUNITIES

4.2.4 THREATS

4.3 MARKET ANALYSIS BY REGION

4.4 PORTER’S FIVE FORCES ANALYSIS

4.4.1 THREAT OF NEW ENTRANTS

4.4.2 BARGAINING POWER OF SUPPLIERS

4.4.3 BARGAINING POWER OF BUYERS

4.4.4 THREAT OF SUBSTITUTES

4.4.5 INTENSITY OF COMPETITIVE RIVALRY

4.5 COUNTRY LEVEL ANALYSIS

4.6 MICRO AND MARCO FACTORS AFFECTING THE MARKET

4.7 PESTLE ANALYSIS

4.8 IMPACT OF COVID-19 ON THE Electric Vehicle Fluids and Lubricant MARKET

4.9 VALUE CHAIN ANALYSIS

4.9.1 TYPE SUPPLIERS

4.9.2 OUTDOOR POWER EQUIPMENT MANUFACTURERS

4.9.3 DISTRIBUTORS AND RETAILERS

4.9.4 END-USE INDUSTRYS

4.9.5 POST-SALES SERVICE PROVIDERS

4.10 APPLICATION ANALYSIS

4.11 CUSTOMERS/BUYERS BY REGIONS

4.12 AVERAGE SELLING PRICE ANALYSIS

Chapter 5 MARKET OVERVIEW AND KEY DYNAMICS

5.1 MARKET DYNAMICS

5.1.1 DRIVERS

5.1.2 RESTRAINTS

5.1.3 OPPORTUNITIES

5.1.4 CHALLENGES

5.2 INDUSTRY TREND

Chapter 6 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE

6.1 INTRODUCTION

6.1.1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION)  (2018-2030), CAGR (%) (2022-2030)

Chapter 7 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION

7.1 INTRODUCTION

7.1.1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

Chapter 8 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY REGION

8.1 Introduction

8.1.1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY REGIONR EVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

8.1.2 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

8.1.3 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

8.1.3.1 NORTH AMERICA

8.1.3.2 EUROPE

8.1.3.3 APAC

8.1.3.4 SOUTH AMERICA

8.1.3.5 MEA

Chapter 9 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY

9.1 Introduction

9.1.1 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

9.1.2 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD  MILLION) (2018-2030), CAGR (%) (2022-2030)

9.1.3 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

9.1.3.1 US

9.1.3.2 CANADA

9.1.3.3 MEXICO

Chapter 10 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY

10.1 Introduction

10.1.1 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

10.1.2 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

10.1.3 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

10.1.3.1 GERMANY

10.1.3.2 U. K

10.1.3.3 FRANCE

10.1.3.4 ITALY

10.1.3.5 SPAIN

10.1.3.6 SWEDEN

10.1.3.7 BEJGIUM

10.1.3.8 TURKEY

10.1.3.9 RUSSIA

10.1.3.10 POLAND

10.1.3.11 SWITZERLAND

10.1.3.12 NETHERLANDS

10.1.3.13 REST OF EUROPE

Chapter 11 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY

11.1 Introduction

11.1.1 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

11.1.2 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

11.1.3 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

11.1.3.1 JAPAN

11.1.3.2 CHINA

11.1.3.3 INDIA

11.1.3.4 AUSTRALIA

11.1.3.5 SOUTH KOREA

11.1.3.6 VIETNAM

11.1.3.7 NEW ZELAND

11.1.3.8 PHILIPPINES

11.1.3.9 TAIWAN

11.1.3.10 SINGAPORE

11.1.3.11 REST OF ASIA PACIFIC

Chapter 12 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY

12.1 Competitive Environment, 2020

12.1.1 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE  (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

12.1.2 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

12.1.3 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

12.1.3.1 BRAZIL

12.1.3.2 ARGENTINA

12.1.3.3 CHILE

12.1.3.4 COLOMBIA

12.1.3.5 REST OF SOUTH AMERICA

Chapter 13 MIDDLE EAST & AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY

13.1 Competitive Environment, 2020

13.1.1 MIDDLE EAST & AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

13.1.2 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

13.1.3 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

13.1.3.1 SOUTH AFRICA

13.1.3.2 U.A.E

13.1.3.3 SAUDI ARABIA

13.1.3.4 OMAN

13.1.3.4 REST OF MIIDLE EAST AND AFRICA

Chapter 14 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: COMPANY PROFILING

14.1 Afton Chemicals

14.1.1 COMPANY OVERVIEW

14.1.2 REVENUE ANALYSIS

14.1.3 GEOGRAPHICAL PRESENCE

14.1.4 TYPE PORTFOLIO

14.1.5 RECENT DEVELOPMENT

14.2 Engineered Fluids

14.3 Dober

14.4 Infineum International Limited

14.5 Klüber Lubrication

14.6 M&I Materials Limited

14.7 Panolin AG

14.8 CASTROL Limited

14.9 3M

14.10 Motul

14.11 Electrolube

14.12 Exxon Mobil Corporation

14.13 The Lubrizol Corporation

14.14 Petronas

14.15 PolySi Technologies Inc.

14.16 Shell plc

14.17 TotalEnergies SE

14.18 Valvoline Inc.

14.19 FUCHS

14.20 Others

List of Figures

FIG. 1 GEOGRAPHIC SCOPE

FIG. 2 YEARS CONSIDERATION

FIG. 3 RESEARCH METHODOLOGY

FIG. 4 SECONDARY RESOURCES

FIG. 5 CONSULTATION WITH KEY OPINION LEADERS/ INDUSTRY EXPERTS

FIG. 6 TOP-DOWN APPROACH

FIG. 7 BOTTOM-UP APPROACH

FIG. 8 DATA TRANGULATION

FIG. 9 DATA TRANGULATION

FIG. 10 DATA TRANGULATION

FIG. 11 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY TYPE MARKET SHARE IN 2021

FIG. 12 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: BY PROPULSION MARKET SHARE IN 2021

FIG. 13 COMPETITIVE GRID

FIG. 14 GLOBAL Electric Vehicle Fluids and Lubricant MARKET ATTRACTIVENESS: BY REGION

FIG. 15 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: SWOT ANALYSIS

FIG. 16 GLOBAL Electric Vehicle Fluids and Lubricant MARKET SHARE: BY REGION

FIG. 17 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: PORTER’S FIVE FORCES ANALYSIS

FIG. 18 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: COUNTRY LEVEL ANALYSIS

FIG. 19 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: MICRO AND MARCO FACTORS AFFECTING THE MARKET

FIG. 20 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: PESTLE ANALYSIS MARKET

FIG. 21 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: IMPACT OF COVID-19

FIG. 22 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: VALUE CHAIN ANALYSIS

FIG. 23 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: APPLICATION ANALYSIS

FIG. 24 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: DROCS

FIG. 25 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: INDUSTRY TREND

FIG. 26 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE

FIG. 27 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION

FIG. 28 GLOBAL Electric Vehicle Fluids and Lubricant MARKET: REGION MARKET ANALYSIS

FIG. 29 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET: COUNTRY MARKET ANALYSIS

FIG. 30 EUROPE Electric Vehicle Fluids and Lubricant MARKET: COUNTRY MARKET ANALYSIS

FIG. 31 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET: COUNTRY MARKET ANALYSIS

FIG. 32 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET: COUNTRY MARKET ANALYSIS

FIG. 33 MIDDLE EAST & AFRICA Electric Vehicle Fluids and Lubricant MARKET: COUNTRY MARKET ANALYSIS

FIG. 34 COMPANY SNAPSHOT

FIG. 35 COMPANY INFORMATION

 

List of Tables

TABLE 1 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 2 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 3 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 4 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 5 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY REGIONREVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 6 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 7 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 8 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 9 GLOBAL Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 10 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 11 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 12 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 13 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 14 NORTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 15 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 16 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 17 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 18 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 19 EUROPE Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 20 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 21 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 22 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 23 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 24 ASIA PACIFIC Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 25 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 26 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 27 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 28 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 29 SOUTH AMERICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 30 MIDDLE EAST & AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY COUNTRY REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030) 67

TABLE 31 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 32 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY TYPE VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 33 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION REVENUE (USD MILLION) (2018-2030), CAGR (%) (2022-2030)

TABLE 34 MIDDLE EAST AND AFRICA Electric Vehicle Fluids and Lubricant MARKET, BY PROPULSION VOLUME (MILLION TONS) (2018-2030), CAGR (%) (2022-2030)

TABLE 35 COMPANY INFORMATION

TABLE 36 TYPE PORTFOLIO

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In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

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Frequently Asked Questions

Global Electric Vehicles Fluids and Lubricants forecast period is 2024 - 2032.
According to global Electric Vehicles Fluids and Lubricants research, the market is expected to grow at a CAGR of ~ 20.97% over the next eight years.
The possible segments in global Electric Vehicles Fluids and Lubricants are based on by Product Type, By Propulsion Type, By Vehicle Type, & by region.
The expected market size for Global Electric Vehicles Fluids and Lubricants is USD 1.63 billion in 2023.
The major players in the market are Afton Chemicals, Dober, Engineered Fluids, FUCHS, Infineum International Limited, Kluber Lubrication, M&I Materials Limited, Motul PANOLIN International Inc., and 3M.
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