Electric Vehicles Fluids and Lubricants Market by Product Type (Grease, Brake Fluid, Heat Transfer Fluid, Drive System Fluid) by Distribution Channel (OEMs, Aftermarket): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

The global Electric Vehicles Fluids and Lubricants Market is anticipated to have a market value of USD 3.31 billion in 2027 from USD 1.20 billion in 2020. It is projected to reach a CAGR of over 18.4% during the forecast period.

Fluids for high-voltage hybrids and electric vehicles must meet certain electrical requirements and be compliant with insulating materials. Since BEVs have up to 4X the copper content of ICE vehicles, an electric driveline fluid can also protect against copper corrosion. Credence Research is offering holistic information and absolute accuracy on the report titled “Global Electric Vehicles Fluids and Lubricants Market”.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of industrial electric vehicles will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Factors that are Driving Market Growth

The growing demand for reliable and long-lasting fluids for electric vehicles is driving the global fluids market for electric vehicles. Various components of an electric vehicle, such as the battery system and the e-motors, produce a lot of heat while the vehicle is running. As a result, better thermal management in these vehicles is needed. Additives and dielectric properties have been applied to the new EV fluids, making them suitable for use in electric vehicle parts.

North America to Dominate the global market

On geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research is providing in-depth insight on prominent regions of global market. North America dominated with over 38.91% share in 2020.

Global Market is led by the Brake Fluid

Grease, Brake Fluid, Heat Transfer Fluid, Drive System Fluid are the four Product Types of global market. In the upcoming years, revenue growth in the brake fluids segment is expected to be important. Electric vehicles are recognized for regenerative braking, which is the most common mode of operation. Mechanical regenerative brakes are not often used, and such vehicles incorporate normal brake discs for such situations, requiring vehicle to have brake fluid.

OEMs continue to dominate the global market in Distribution Channel

OEMs and Aftermarket are the two various Distribution Channels of this market. OEMs held the highest share in terms of distribution channel in 2020. The OEMs segment is anticipated to expand significantly in terms of revenue in the forthcoming year as a result of increased partnerships between key fluid suppliers and automotive OEMs to supply fluids for their EV in order to enhance driving experience.

Frequently asked questions about global industry

• Which are the different Product Types present in this market?
  Ans: Brake Fluid, Grease, Heat Transfer Fluid, and Drive System Fluid are the different Product Types available in the market
• Who are the prominent players in the global industry?
  Ans: Afton Chemicals, 3M, FUCHS, Kluber Lubrication, Motul, Infineum International Limited, M&I Materials Limited, PANOLIN International Inc., Engineered Fluids and Dober are the key players operating in this market
• Which is the fastest growing Distribution Channel segment for global industry?
  Ans: OEMs Distribution Channel offers tremendous opportunities to players
• Which is the leading regional market for global industry?
  Ans: North America has the largest share owing to various developments happening in this space
• What will be the CAGR (2021 - 2027) of in global industry?
  Ans: The market is anticipated to grow at a CAGR of 18.4% throughout the 2022 to 2027

Table of Content

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Electric Vehicles Fluids and Lubricants Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Electric Vehicles Fluids and Lubricants Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Product Type
3.3.2.Distribution Channel
3.3.3.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Electric Vehicles Fluids and Lubricants Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Grease
6.2.3.Brake Fluid
6.2.4.Heat Transfer Fluid
6.2.5.Drive System Fluid
6.3.North America Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.OEMs
6.3.3.Aftermarket

7.Europe
7.1.Europe Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Grease
7.2.3.Brake Fluid
7.2.4.Heat Transfer Fluid
7.2.5.Drive System Fluid
7.3.Europe Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.OEMs
7.3.3.Aftermarket

8.Asia Pacific
8.1.Asia Pacific Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Grease
8.2.3.Brake Fluid
8.2.4.Heat Transfer Fluid
8.2.5.Drive System Fluid
8.3.Asia Pacific Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.OEMs
8.3.3.Aftermarket

9.Latin America
9.1.Latin America Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Grease
9.2.3.Brake Fluid
9.2.4.Heat Transfer Fluid
9.2.5.Drive System Fluid
9.3.Latin America Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.OEMs
9.3.3.Aftermarket

10.Middle East
10.1.Middle East Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Grease
10.2.3.Brake Fluid
10.2.4.Heat Transfer Fluid
10.2.5.Drive System Fluid
10.3.Middle East Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.OEMs
10.3.3.Aftermarket

11.Africa
11.1.Africa Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Grease
11.2.3.Brake Fluid
11.2.4.Heat Transfer Fluid
11.2.5.Drive System Fluid
11.3.Africa Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.OEMs
11.3.3.Aftermarket

12.Global
12.1.Global Electric Vehicles Fluids and Lubricants Market, By Product Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Grease
12.1.3.Brake Fluid
12.1.4.Heat Transfer Fluid
12.1.5.Drive System Fluid
12.2.Global Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.OEMs
12.2.3.Aftermarket

13.Company Profiles
13.1.3M
13.2.Afton Chemicals
13.3.Engineered Fluids
13.4.Dober
13.5.FUCHS
13.6.Infineum International Limited
13.7.Kluber Lubrication
13.8.M&I Materials Limited
13.9.Motul
13.10.PANOLIN International Inc.

List of Figures

FIG. 1 Global Electric Vehicles Fluids and Lubricants Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Electric Vehicles Fluids and Lubricants Market Segmentation

FIG. 4 Global Electric Vehicles Fluids and Lubricants Market, by Product, 2019 (US$ Bn)

FIG. 5 Global Electric Vehicles Fluids and Lubricants Market, by End-user, 2019 (US$ Bn)

FIG. 6 Global Electric Vehicles Fluids and Lubricants Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Electric Vehicles Fluids and Lubricants Market Manufacturers, 2019

FIG. 9 Global Electric Vehicles Fluids and Lubricants Market Value Contribution, By Type of Metal Extracted, 2019 & 2027 (Value %)

FIG. 10 Global Electric Vehicles Fluids and Lubricants Market, by Metal 1, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Electric Vehicles Fluids and Lubricants Market, by Metal 2, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Electric Vehicles Fluids and Lubricants Market, by Metal 3, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Electric Vehicles Fluids and Lubricants Market, by Metal 4, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Electric Vehicles Fluids and Lubricants Market, by Metal 5, Value, 2015-2027 (US$ Bn)

FIG. 15 Global Electric Vehicles Fluids and Lubricants Market, by Others, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Electric Vehicles Fluids and Lubricants Market Value Contribution, By Product Type, 2019 & 2027 (Value %)

FIG. 17 Global Electric Vehicles Fluids and Lubricants Market, by Process 1, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Electric Vehicles Fluids and Lubricants Market, by Process 2, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Electric Vehicles Fluids and Lubricants Market, by Process 3, Value, 2015-2027 (US$ Bn)

FIG. 20 U.S. Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 21 Rest of North America Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 22 U.K. Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 23 Germany Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 24 France Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 25 Rest of Europe Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 26 Japan Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 27 China Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 28 India Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 29 Rest of Asia Pacific Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

FIG. 30 Middle East & Africa Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

Latin America Electric Vehicles Fluids and Lubricants Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Electric Vehicles Fluids and Lubricants Market

TABLE 2 Global Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 3 Global Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 4 Global Electric Vehicles Fluids and Lubricants Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 5 Global Electric Vehicles Fluids and Lubricants Market, by Geography, 2015-2027 (US$ Bn)

TABLE 6 North America Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 7 North America Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 8 North America Electric Vehicles Fluids and Lubricants Market, by Country, 2015-2027 (US$ Bn)

TABLE 9 Europe Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 10 Europe Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 11 Europe Electric Vehicles Fluids and Lubricants Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 14 Asia Pacific Electric Vehicles Fluids and Lubricants Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 15 Latin America Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 16 Latin America Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 17 Latin America Electric Vehicles Fluids and Lubricants Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 18 Middle East Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 19 Middle East Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 20 Middle East Electric Vehicles Fluids and Lubricants Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 21 Africa Electric Vehicles Fluids and Lubricants Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 22 Africa Electric Vehicles Fluids and Lubricants Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 23 Africa Electric Vehicles Fluids and Lubricants Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 24 Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 25 Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 26  Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 27 Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 28 Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 29  Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 30 Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 31 Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 32 Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 33 Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 34 Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 35 Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments