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Electric Vehicle Fluids and Lubricants-Global Market Insights and Sales Trends 2024
Synopsis
The global Electric Vehicle Fluids and Lubricants market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Vehicle Fluids and Lubricants in various end use industries. The expanding demands from the Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs), are propelling Electric Vehicle Fluids and Lubricants market. Grease, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Brake Fluid segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Vehicle Fluids and Lubricants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Vehicle Fluids and Lubricants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Vehicle Fluids and Lubricants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Vehicle Fluids and Lubricants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Vehicle Fluids and Lubricants covered in this report include 3M, Castrol, Royal Dutch Shell, Total Lubricants, Valvoline Inc., Motul, Fuchs Petrolub SE, Engineered Fluids Inc and Exxon Mobil Corporation, etc.
The global Electric Vehicle Fluids and Lubricants market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M
Castrol
Royal Dutch Shell
Total Lubricants
Valvoline Inc.
Motul
Fuchs Petrolub SE
Engineered Fluids Inc
Exxon Mobil Corporation
Lubrizol Corporation
Global Electric Vehicle Fluids and Lubricants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Vehicle Fluids and Lubricants market, Segment by Type:
Grease
Brake Fluid
Heat Transfer Fluid
Drive System Fluid
Global Electric Vehicle Fluids and Lubricants market, by Application
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Electric Vehicle Fluids and Lubricants companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Electric Vehicle Fluids and Lubricants market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Electric Vehicle Fluids and Lubricants in various end use industries. The expanding demands from the Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs), are propelling Electric Vehicle Fluids and Lubricants market. Grease, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Brake Fluid segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Vehicle Fluids and Lubricants, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Vehicle Fluids and Lubricants market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Vehicle Fluids and Lubricants market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Vehicle Fluids and Lubricants sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Vehicle Fluids and Lubricants covered in this report include 3M, Castrol, Royal Dutch Shell, Total Lubricants, Valvoline Inc., Motul, Fuchs Petrolub SE, Engineered Fluids Inc and Exxon Mobil Corporation, etc.
The global Electric Vehicle Fluids and Lubricants market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M
Castrol
Royal Dutch Shell
Total Lubricants
Valvoline Inc.
Motul
Fuchs Petrolub SE
Engineered Fluids Inc
Exxon Mobil Corporation
Lubrizol Corporation
Global Electric Vehicle Fluids and Lubricants market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Vehicle Fluids and Lubricants market, Segment by Type:
Grease
Brake Fluid
Heat Transfer Fluid
Drive System Fluid
Global Electric Vehicle Fluids and Lubricants market, by Application
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs)
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Electric Vehicle Fluids and Lubricants companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Electric Vehicle Fluids and Lubricants
1.1 Electric Vehicle Fluids and Lubricants Market Overview
1.1.1 Electric Vehicle Fluids and Lubricants Product Scope
1.1.2 Electric Vehicle Fluids and Lubricants Market Status and Outlook
1.2 Global Electric Vehicle Fluids and Lubricants Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Electric Vehicle Fluids and Lubricants Market Size by Region (2018-2029)
1.4 Global Electric Vehicle Fluids and Lubricants Historic Market Size by Region (2018-2023)
1.5 Global Electric Vehicle Fluids and Lubricants Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
1.6.1 North America Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
1.6.2 Europe Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
1.6.3 Asia-Pacific Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
1.6.4 Latin America Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
1.6.5 Middle East & Africa Electric Vehicle Fluids and Lubricants Market Size (2018-2029)
2 Electric Vehicle Fluids and Lubricants Market by Type
2.1 Introduction
2.1.1 Grease
2.1.2 Brake Fluid
2.1.3 Heat Transfer Fluid
2.1.4 Drive System Fluid
2.2 Global Electric Vehicle Fluids and Lubricants Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Electric Vehicle Fluids and Lubricants Historic Market Size by Type (2018-2023)
2.2.2 Global Electric Vehicle Fluids and Lubricants Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Electric Vehicle Fluids and Lubricants Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Electric Vehicle Fluids and Lubricants Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Electric Vehicle Fluids and Lubricants Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Electric Vehicle Fluids and Lubricants Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Electric Vehicle Fluids and Lubricants Revenue Breakdown by Type (2018-2029)
3 Electric Vehicle Fluids and Lubricants Market Overview by Application
3.1 Introduction
3.1.1 Battery Electric Vehicles (BEVs)
3.1.2 Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs)
3.2 Global Electric Vehicle Fluids and Lubricants Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Electric Vehicle Fluids and Lubricants Historic Market Size by Application (2018-2023)
3.2.2 Global Electric Vehicle Fluids and Lubricants Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Electric Vehicle Fluids and Lubricants Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Electric Vehicle Fluids and Lubricants Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Electric Vehicle Fluids and Lubricants Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Electric Vehicle Fluids and Lubricants Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Electric Vehicle Fluids and Lubricants Revenue Breakdown by Application (2018-2029)
4 Electric Vehicle Fluids and Lubricants Competition Analysis by Players
4.1 Global Electric Vehicle Fluids and Lubricants Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Vehicle Fluids and Lubricants as of 2022)
4.3 Date of Key Players Enter into Electric Vehicle Fluids and Lubricants Market
4.4 Global Top Players Electric Vehicle Fluids and Lubricants Headquarters and Area Served
4.5 Key Players Electric Vehicle Fluids and Lubricants Product Solution and Service
4.6 Competitive Status
4.6.1 Electric Vehicle Fluids and Lubricants Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 3M
5.1.1 3M Profile
5.1.2 3M Main Business
5.1.3 3M Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.1.4 3M Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.1.5 3M Recent Developments
5.2 Castrol
5.2.1 Castrol Profile
5.2.2 Castrol Main Business
5.2.3 Castrol Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.2.4 Castrol Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.2.5 Castrol Recent Developments
5.3 Royal Dutch Shell
5.3.1 Royal Dutch Shell Profile
5.3.2 Royal Dutch Shell Main Business
5.3.3 Royal Dutch Shell Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.3.4 Royal Dutch Shell Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.3.5 Total Lubricants Recent Developments
5.4 Total Lubricants
5.4.1 Total Lubricants Profile
5.4.2 Total Lubricants Main Business
5.4.3 Total Lubricants Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.4.4 Total Lubricants Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.4.5 Total Lubricants Recent Developments
5.5 Valvoline Inc.
5.5.1 Valvoline Inc. Profile
5.5.2 Valvoline Inc. Main Business
5.5.3 Valvoline Inc. Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.5.4 Valvoline Inc. Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.5.5 Valvoline Inc. Recent Developments
5.6 Motul
5.6.1 Motul Profile
5.6.2 Motul Main Business
5.6.3 Motul Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.6.4 Motul Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.6.5 Motul Recent Developments
5.7 Fuchs Petrolub SE
5.7.1 Fuchs Petrolub SE Profile
5.7.2 Fuchs Petrolub SE Main Business
5.7.3 Fuchs Petrolub SE Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.7.4 Fuchs Petrolub SE Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.7.5 Fuchs Petrolub SE Recent Developments
5.8 Engineered Fluids Inc
5.8.1 Engineered Fluids Inc Profile
5.8.2 Engineered Fluids Inc Main Business
5.8.3 Engineered Fluids Inc Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.8.4 Engineered Fluids Inc Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.8.5 Engineered Fluids Inc Recent Developments
5.9 Exxon Mobil Corporation
5.9.1 Exxon Mobil Corporation Profile
5.9.2 Exxon Mobil Corporation Main Business
5.9.3 Exxon Mobil Corporation Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.9.4 Exxon Mobil Corporation Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.9.5 Exxon Mobil Corporation Recent Developments
5.10 Lubrizol Corporation
5.10.1 Lubrizol Corporation Profile
5.10.2 Lubrizol Corporation Main Business
5.10.3 Lubrizol Corporation Electric Vehicle Fluids and Lubricants Products, Services and Solutions
5.10.4 Lubrizol Corporation Electric Vehicle Fluids and Lubricants Revenue (US$ Million) & (2018-2023)
5.10.5 Lubrizol Corporation Recent Developments
6 North America
6.1 North America Electric Vehicle Fluids and Lubricants Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Electric Vehicle Fluids and Lubricants Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Electric Vehicle Fluids and Lubricants Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Electric Vehicle Fluids and Lubricants Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Electric Vehicle Fluids and Lubricants Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Electric Vehicle Fluids and Lubricants Market Dynamics
11.1 Electric Vehicle Fluids and Lubricants Industry Trends
11.2 Electric Vehicle Fluids and Lubricants Market Drivers
11.3 Electric Vehicle Fluids and Lubricants Market Challenges
11.4 Electric Vehicle Fluids and Lubricants Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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