Fluids and Lubricants Market for Electric Vehicles: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global fluids and lubricants market for electric vehicles provides qualitative and quantitative analysis for the period from 2020 to 2028. The report predicts the global fluids and lubricants market for electric vehicles to grow with a CAGR of nearly 19% over the forecast period from 2022-2028. The study on fluids and lubricants market for electric vehicles covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.

The report on fluids and lubricants market for electric vehicles is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global fluids and lubricants market for electric vehicles over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global fluids and lubricants market for electric vehicles over the period of 2020 to 2028. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• The need for anti-corrosion properties in electric vehicle batteries is expected to enhance the growth of the market.
• The rising utilization of formula e motorsports is driving the market growth.

2) Restraints

• Higher costs of EV fluids hamper the market growth.

3) Opportunities

• The growing trend for the development of autonomous vehicles is creating a growth opportunity for market growth.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The Global fluids and lubricants market for electric vehicles is segmented on the basis of vehicle type, propulsion type, product type, and distribution channel.

The Global Fluids and Lubricants Market For Electric Vehicles by Vehicle Type

• Passenger Vehicles
• Commercial Vehicles
• Electric Motor Sports

The Global Fluids and Lubricants Market For Electric Vehicles by Propulsion Type

• Hybrid Electric Vehicles
• Plug-in Hybrid Electric Vehicles
• Battery Electric Vehicles

The Global Fluids and Lubricants Market For Electric Vehicles by Product Type

• Greases
• Heat Transfer Fluids
• Drive System Fluids
• Brake Fluids

The Global Fluids and Lubricants Market For Electric Vehicles by Distribution Channel

• OEMs
• Aftermarket

Company Profiles

The companies covered in the report include

• 3M
• Afton Chemical
• Motul
• Castrol
• Electrolube
• Exxon Mobil corporation
• Lubrizol
• Petronas
• Polysi Technologies Inc
• Royal Dutch Shell

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the fluids and lubricants market for electric vehicles.
2. Complete coverage of all the segments in the fluids and lubricants market for electric vehicles to analyze the trends, developments in the global market and forecast of market size up to 2028.
3. Comprehensive analysis of the companies operating in the global fluids and lubricants market for electric vehicles. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

This product will be delivered within 1-3 business days.