The Global Electric Vehicle Fluids Market Size was valed at USD 754.0 million in 2021 and is is projected to reach USD 8,744 million by 2030, growing at a CAGR of 32.1% from 2022 to 2030.
The rise in demand for electric vehicles across the globe will fuel the global electric vehicle fluid market in the upcoming years. Additionally, the rise in demand for EV fluids to improve the performance of EVs, regulating EVs battery temperature and power electronics, will lead to augmenting the global electric vehicle fluid market size in the future periods.
Major market player included in this report are:
Royal Dutch Shell plc
ExxonMobil Corporation
BP plc
TotalEnergies SE
FUCHS Petrolub AG
Petronas
ENEOS Corporation
Repsol S.A.
Valvoline Inc
PTT
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Engine oil
Coolants
Transmission fluids
Greases
By Vehicle Type
On-highway Electric Vehicles
Off-highway Electric Vehicles
By Propulsion Type
Battery electric vehicles
Hybrid electric vehicles
By Fill Type
First fill
Service fill
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Electric Vehicle Fluid Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors