Fluids and Lubricants Market for Electric Vehicles - A Global and Regional Analysis

Focus on Product Types and Their Applications (Thermal Fluids, Drive System Fluids, and Brake Fluids and Grease), Vehicle Type (Passenger Cars and Light and Heavy Commercial Vehicles), Propulsion Type (BEV, HEV, and PHEV), Distribution Channel (OEMs and Aftermarket), and Countries - Analysis and Forecast, 2022-2031

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Market Report Coverage

Fluids and Lubricants Market for Electric Vehicles
Forecast Period: 2022-2031
CAGR During Forecast Period: 28.81%

Fluids and Lubricants Market for Electric Vehicles

Base Year

2021

Market Size in 2021

$1,387.7 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$17,412.9 Million

CAGR During Forecast Period

28.81%

Number of Tables

225

Number of Pages

314

Number of Figures

103

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Public companies are leading in the fluids and lubricants market for electric vehicles. For base year 2021, Private companies in the market capture around 5% of the market share, whereas public companies in the market capture around 95% of the market share in the global fluids and lubricants market for electric vehicles.

Fluids and Lubricants Market for Electric Vehicles

Some of the prominent names established in this market are:

Company Type 1: Private Companies

•    Afton Chemicals
•    Engineered Fluids
•    Dober
•    Infineum International Limited
•    Klüber Lubrication
•    M&I Materials Limited
•    Panolin AG

Company Type 2: Public Companies

•    CASTROL Limited
•    3M
•    Motul
•    Electrolube
•    Exxon Mobil Corporation
•    The Lubrizol Corporation
•    Petronas
•    PolySi Technologies Inc.
•    Shell plc
•    TotalEnergies SE
•    Valvoline Inc.
•    FUCHS

How can this report add value to an organization?

The fluids and lubricants market for electric vehicles is an exponentially growing market holding enormous opportunities for the m

Product/Innovation Strategy: The product segment helps the reader understand the different types of electric vehicle fluids and lubricants products available based on propulsion type (battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs)), vehicle type (passenger vehicles, light commercial vehicles, and heavy commercial vehicles), product type (thermal fluid, drive system fluid, brake fluid, and grease), and distribution channel (OEMs and aftermarket). Increasing demand for cooling of batteries and high-temperature parts in electric vehicles pushing consumption of electric vehicle fluids and lubricants. Therefore, the fluids and lubricants market for electric vehicles business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The fluids and lubricants market for electric vehicles is an exponentially growing market holding enormous opportunities for the market players. Some of the strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global fluids and lubricants market for electric vehicles.

Competitive Strategy: Key players in the fluids and lubricants market for electric vehicles analyzed and profiled in the study involve electric vehicle fluids and lubricants-based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the fluids and lubricants market for electric vehicles has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Fluids and Lubricants Market for Electric Vehicles accounted for $1,387.7 million in 2021 and is expected to reach $17,412.9 milli

Fluids and Lubricants Market for Electric Vehicles Industry Overview

The fluids and lubricants market for electric vehicles was estimated to be at $1,387.7 million in 2021, which is expected to grow with a CAGR of 28.81% and reach $17,412.9 million by 2031. The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.

Market Lifecycle Stage

The fluids and lubricants market for electric vehicles is at an early stage and is growing swiftly. Ongoing research and development activities in manufacturing efficient, anti-wear, and optimal temperature fluids are expected to boost key market development activities.

The fluids and lubricants market for electric vehicles is in the growth phase. A growing fleet of electric vehicles (EVs) is consuming more and more EV fluids. As a result, the fluids and lubricants market for electric vehicles is expected to flourish in the forecast period 2022-2031.

Impact

•    Huge investments in the form of subsidies and infrastructure development by government and federal agencies to promote electric vehicles to cut down carbon dioxide emissions are propelling the growth of electric vehicle fluids and lubricants.
•    According to CALSTART's Zero-Emission Technology Inventory, the North America market will have 54 manufacturers offering over 100 models of electric heavy commercial vehicles by 2022, which will boost the fluids and lubricants market for electric vehicles. Sales of electric heavy commercial vehicles will lead to an increase in fluid and lubricant consumption. Compared to normal electric cars, heavy commercial vehicles require more maintenance, which may boost aftermarket sales.

Impact of COVID-19

The COVID-19 pandemic impact on the fluids and lubricants market for electric vehicles has been negligible. Despite the pandemic, there was a slight increase in electric vehicle fluids and lubricants consumption. COVID-19 has enhanced awareness of the environment. Because of this, more and more people are planning to purchase sustainable vehicles. This will propel the fluids and lubricants market for electric vehicles.

Market Segmentation:

Segmentation 1: by Propulsion Type
•    Battery Electric Vehicles (BEVs)
•    Hybrid Electric Vehicles (HEVs)
•    Plug-In Hybrid Electric Vehicles (PHEVs)

Segmentation 2: by Vehicle Type
•    Passenger Vehicles
•    Light Commercial Vehicles
•    Heavy Commercial Vehicles

The fluids and lubricants market for electric vehicles in the propulsion type segment is expected to be dominated by the hybrid electric vehicles segment. In terms of vehicle type, passenger vehicle will dominate the Fluids and lubricants market for electric vehicles due to the large fleet of these vehicles.

Segmentation 3: by Product Type
•    Grease
        o    E-motors
        o    Bearings
        o    Constant Velocity Joints (CV Joints)
        o    Others
•    Thermal Fluids
        o    Batteries
        o    E-motors
        o    Power Electronics
        o    Others
•    Drive System Fluids
        o    Gear
        o    E-motors
        o    Others
•    Brake Fluids

The thermal fluids segment dominates the fluids and lubricants market for electric vehicles due to the higher volume and per liter cost of this fluid.

Segmentation 4: by Distribution Channel
•    OEMs
•    Aftermarket

The OEMs channel is anticipated to dominate the global fluids and lubricants market for EVs as most of the fluids have a very low replacement rate and can last for the entire electric vehicle’s lifetime without being flushed.

Segmentation 5: by Region

•    North America
•    Asia-Pacific and Japan
•    China
•    Europe
•    South America
•    Middle East and Africa

Recent Developments in Fluids and Lubricants Market for Electric Vehicles

•    In March 2022, Afton invested approximately $400 million in the Singapore chemical additive manufacturing facility under phase 3 expansion to expand its GPA blending capabilities.
•    In November 2021, the FUCHS Group unveiled a new design for automotive lubricants that features improved orientation, handling, and resource conservation.
•    In September 2021, Infineum International Ltd announced the launch of a broad portfolio of dedicated e-mobility fluids, covering all of the major hybrid and full battery electric vehicle models.
•    In February 2020, Kluber Lubrication launched specialty lubes for EVs.
•    In November 2021, Petronas unveiled its next-generation range of electric vehicle fluid solutions at its Global Research & Technology Centre in Turin, Italy.

Demand – Drivers and Limitations

Following are the demand drivers for the fluids and lubricants market for electric vehicles:

•    Need for Corrosion Resistant Solutions in the Electric Vehicle Batteries
•    Increasing Demand to Further Extend the Range of the Electric Vehicles
•    Rapid Adoption of Immersive Cooling for the Electric Vehicle Batteries
•    Improved Durability of Powertrain in Electric Vehicles
•    Increasing Demand for High-Performance Grease in HEVs
•    Growing Need for Enhanced Electrification Components

The market is expected to face some limitations too due to the following challenges:

•    Higher Cost of EV Fluids
•    Energy Efficiency Challenges
•    Developing Environment-Friendly Electric Vehicle Fluids
•    Lack of Optimized EV/HEV Performance for Improving Thermal Conductivity

Analyst Thoughts

According to Ayan Bandopadhyay, Lead Analyst, BIS Research, “The fluids and lubricants market for electric vehicles evolved rapidly and is anticipated to continue to spur with the same pace in the following years. Businesses are coming up with innovative solutions and launching new products in the market. Collaborations and product launches are key strategies that assist the market's growth. An increasing electric vehicle fleet is anticipated to push the aftermarket consumption of electric vehicle fluids and lubricants. Multiple solution providers are expected to dominate the market owing to their expertise in fluid development and widespread distribution network.”

Table of Contents

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1.1    Industry Outlook
         1.1.1    Trends: Current and Future
         1.1.2    Supply Chain Network/MAP
         1.1.3    Industry Attractiveness
                     1.1.3.1    Threat of New Entrants (Low-Moderate)
                     1.1.3.2    Bargaining Power of Buyers (Low-Moderate)
                     1.1.3.3    Bargaining Power of Suppliers (High)
                     1.1.3.4    Threat of Substitutes (Low)
                     1.1.3.5    Intensity of Competitive Rivalry (Moderate-High)
         1.1.4    Supply and Demand Analysis
         1.1.5    Profit Margin Analysis
         1.1.6    Additives for Fluids in Electric Vehicle Batteries
         1.1.7    Ecosystem/Ongoing Programs
                     1.1.7.1    Consortiums, Associations, and Regulatory Bodies
                     1.1.7.2    Government Programs and Initiatives
                     1.1.7.3    Programs by Research Institutions and Universities
1.2    Business Dynamics
         1.2.1    Business Drivers
                     1.2.1.1    Need for Corrosion Resistant Solutions in the Electric Vehicle Batteries
                     1.2.1.2    Increasing Demand to Further Extend the Range of the Electric Vehicles
                     1.2.1.3    Rapid Adoption of Immersive Cooling for the Electric Vehicle Batteries
                     1.2.1.4    Improved Durability of Powertrain in Electric Vehicles
                     1.2.1.5    Increasing Demand for High-Performance Grease in HEVs
                     1.2.1.6    Growing Need for Enhanced Electrification Components
         1.2.2    Business Challenges
                     1.2.2.1    Higher Cost of EV Fluids
                     1.2.2.2    Energy Efficiency Challenges
                     1.2.2.3    Developing Environment-Friendly Electric Vehicle Fluids
                     1.2.2.4    Lack of Optimized EV/HEV Performance for Improving Thermal Conductivity
         1.2.3    Business Strategies
                     1.2.3.1    Product Developments
                     1.2.3.2    Market Developments
         1.2.4    Corporate Strategies
                     1.2.4.1    Mergers and Acquisitions
                     1.2.4.2    Partnerships and Joint Ventures
         1.2.5    Business Opportunities
                     1.2.5.1    Coolants for EV Electronics and Charging Port Cables
                     1.2.5.2    Growing Trend for Development of Autonomous Vehicles
                     1.2.5.3    Stringent Regulations by Government Bodies for Sustainable EV Environment

2.1    Global Fluids and Lubricants Market for Electric Vehicles - Demand Analysis (By Application)
         2.1.1    Demand Analysis (by Vehicle Type), Value and Volume Data, 2021-2031
                     2.1.1.1    Passenger Vehicles
                     2.1.1.2    Light Commercial Vehicles
                     2.1.1.3    Heavy Commercial Vehicles
         2.1.2    Demand Analysis (by Propulsion Type), Value, and Volume Data, 2021-2031
                     2.1.2.1    Battery Electric Vehicles (BEVs)
                     2.1.2.2    Hybrid Electric Vehicles (HEVs)
                     2.1.2.3    Plug-In Hybrid Electric Vehicles (PHEVs)
2.2    Comparative Analysis of Fluids and Lubricants Applications in Electric Vehicles
         2.2.1    Applications for Fluids: IC Engine Vehicle vs. HEV vs. PHEV vs. BEV
         2.2.2    Emerging New Application Areas Owing to Electric Vehicle Adoption
         2.2.3    Analyst Viewpoint on Market Cannibalization

3.1    Global Fluids and Lubricants Market for Electric Vehicles – Products and Specifications
         3.1.1    Thermal Fluids
                     3.1.1.1    Dielectric Fluids
         3.1.2    Drive System Fluids
         3.1.3    Brake Fluids
         3.1.4    Grease
3.2    Global Fluids and Lubricants Market for Electric Vehicles - Demand Analysis (by Product)
         3.2.1    Demand Analysis (by Product Type (by Application)), Value and Volume Data, 2021-2031
                     3.2.1.1    Grease
                                    3.2.1.1.1    E-Motors
                                    3.2.1.1.2    Bearings
                                    3.2.1.1.3    Constant Velocity Joints (CV Joints)
                                    3.2.1.1.4    Others
                     3.2.1.2    Thermal Fluids
                                    3.2.1.2.1    Batteries
                                                      3.2.1.2.1.1    By Technology
                                                                           3.2.1.2.1.1.1    Immersion Cooling
                                                                           3.2.1.2.1.1.2    Liquid Piped Cooling
                                    3.2.1.2.2    E-Motors
                                    3.2.1.2.3    Power Electronics
                                    3.2.1.2.4    Others
                     3.2.1.3    Drive System Fluids
                                    3.2.1.3.1    Gears
                                    3.2.1.3.2    E-motors
                                    3.2.1.3.3    Others
                     3.2.1.4    Brake Fluids
         3.2.2    Demand Analysis (by Distribution Channel), Value, and Volume Data, 2021-2031
                     3.2.2.1    OEMs
                     3.2.2.2    Aftermarket
3.3    Product Benchmarking: Growth Rate – Market Share Matrix
         3.3.1    Opportunity Matrix (by Region)
         3.3.2    Opportunity Matrix (by Product Type)
         3.3.3    Opportunity Matrix, by Distribution Channel
3.4    Patent Analysis
3.5    Global Pricing Analysis
3.6    Technology Roadmap

4.1    North America
         4.1.1    Market
                     4.1.1.1    Key Manufacturers in North America
                     4.1.1.2    Competitive Benchmarking
                     4.1.1.3    Business Challenges
                     4.1.1.4    Business Drivers
         4.1.2    Application
                     4.1.2.1    North America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.1.2.2    North America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.1.3    Product
                     4.1.3.1    North America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.1.3.2    North America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.1.3.3    Pricing Analysis
         4.1.4    North America (by Country)
                     4.1.4.1    U.S.
                                    4.1.4.1.1    Markets
                                                      4.1.4.1.1.1    Buyers Attributes
                                                      4.1.4.1.1.2    Key Manufacturers in the U.S.
                                                      4.1.4.1.1.3    Key Electric Vehicle Regulations and Policies in the U.S.
                                                      4.1.4.1.1.4    Competitive Benchmarking
                                                      4.1.4.1.1.5    Business Challenges
                                                      4.1.4.1.1.6    Business Drivers
                                    4.1.4.1.2    Application
                                                      4.1.4.1.2.1    U.S. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.1.4.1.2.2    U.S. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.1.4.1.3    Product
                                                      4.1.4.1.3.1    U.S. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.1.4.1.3.2    U.S. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.1.4.1.3.3    Pricing Analysis
                     4.1.4.2    Canada
                                    4.1.4.2.1    Market
                                                      4.1.4.2.1.1    Buyer Attributes
                                                      4.1.4.2.1.2    Key Manufacturers in Canada
                                                      4.1.4.2.1.3    Key Electric Vehicle Regulations and Policies in Canada
                                                      4.1.4.2.1.4    Competitive Benchmarking
                                                      4.1.4.2.1.5    Business Challenges
                                                      4.1.4.2.1.6    Business Drivers
                                    4.1.4.2.2    Application
                                                      4.1.4.2.2.1    Canada Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.1.4.2.2.2    Canada Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.1.4.2.3    Product
                                                      4.1.4.2.3.1    Canada Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.1.4.2.3.2    Canada Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.1.4.2.3.3    Pricing Analysis
4.2    South America
         4.2.1    Market
                     4.2.1.1    Buyer Attributes
                     4.2.1.2    Key Manufacturers in South America
                     4.2.1.3    Competitive Benchmarking
                     4.2.1.4    Business Challenges
                     4.2.1.5    Business Drivers
         4.2.2    Application
                     4.2.2.1    South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.2.2.2    South America Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.2.3    Product
                     4.2.3.1    South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.2.3.2    South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.2.3.3    Pricing Analysis
         4.2.4    South America (by Country)
                     4.2.4.1    Brazil
                                    4.2.4.1.1    Market
                                                      4.2.4.1.1.1    Buyer Attributes
                                                      4.2.4.1.1.2    Key Manufacturers in Brazil
                                                      4.2.4.1.1.3    Key Electric Vehicle Regulations and Policies in Brazil
                                                      4.2.4.1.1.4    Competitive Benchmarking
                                                      4.2.4.1.1.5    Business Challenges
                                                      4.2.4.1.1.6    Business Drivers
                                    4.2.4.1.2    Application
                                                      4.2.4.1.2.1    Brazil Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.2.4.1.2.2    Brazil Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.2.4.1.3    Product
                                                      4.2.4.1.3.1    Brazil Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.2.4.1.3.2    Brazil Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.2.4.1.3.3    Pricing Analysis
                     4.2.4.2    Rest-of-South America
                                    4.2.4.2.1    Market
                                                      4.2.4.2.1.1    Buyer Attributes
                                                      4.2.4.2.1.2    Key Manufacturers in the Rest-of-South America
                                                      4.2.4.2.1.3    Key Electric Vehicle Regulations and Policies in the Rest-of-South America
                                                      4.2.4.2.1.4    Competitive Benchmarking
                                                      4.2.4.2.1.5    Business Challenges
                                                      4.2.4.2.1.6    Business Drivers
                                    4.2.4.2.2    Application
                                                      4.2.4.2.2.1    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.2.4.2.2.2    Rest-of-South America Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.2.4.2.3    Product
                                                      4.2.4.2.3.1    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.2.4.2.3.2    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
4.2.4.2.3.3    Pricing Analysis
4.3    Europe
         4.3.1    Market
                     4.3.1.1    Key Manufacturers in Europe
                     4.3.1.2    Competitive Benchmarking
                     4.3.1.3    Business Challenges
                     4.3.1.4    Business Drivers
         4.3.2    Application
                     4.3.2.1    Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.3.2.2    Europe Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.3.3    Product
                     4.3.3.1    Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.3.3.2    Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.3.3.3    Pricing Analysis
         4.3.4    Europe (by Country)
                     4.3.4.1    U.K
                                    4.3.4.1.1    Market
                                                      4.3.4.1.1.1    Buyer Attributes
                                                      4.3.4.1.1.2    Key Manufacturers in the U.K.
                                                      4.3.4.1.1.3    Key Electric Vehicle Regulations and Policies in the U.K.
                                                      4.3.4.1.1.4    Competitive Benchmarking
                                                      4.3.4.1.1.5    Business Challenges
                                                      4.3.4.1.1.6    Business Drivers
                                    4.3.4.1.2    Application
                                                      4.3.4.1.2.1    U.K. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.1.2.2    U.K. Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.1.3    Product
                                                      4.3.4.1.3.1    U.K. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.1.3.2    U.K. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.1.3.3    Pricing Analysis
                     4.3.4.2    Italy
                                    4.3.4.2.1    Market
                                                      4.3.4.2.1.1    Buyer Attributes
                                                      4.3.4.2.1.2    Key Manufacturers in Italy
                                                      4.3.4.2.1.3    Key Electric Vehicle Regulations and Policies in Italy
                                                      4.3.4.2.1.4    Competitive Benchmarking
                                                      4.3.4.2.1.5    Business Challenges
                                                      4.3.4.2.1.6    Business Drivers
                                    4.3.4.2.2    Application
                                                      4.3.4.2.2.1    Italy Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.2.2.2    Italy Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.2.3    Product
                                                      4.3.4.2.3.1    Italy Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.2.3.2    Italy Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.2.3.3    Pricing Analysis
                     4.3.4.3    France
                                    4.3.4.3.1    Market
                                                      4.3.4.3.1.1    Buyer Attributes
                                                      4.3.4.3.1.2    Key Manufacturers in France
                                                      4.3.4.3.1.3    Key Electric Vehicle Regulations and Policies in France
                                                      4.3.4.3.1.4    Competitive Benchmarking
                                                      4.3.4.3.1.5    Business Challenges
                                                      4.3.4.3.1.6    Business Drivers
                                    4.3.4.3.2    Application
                                                      4.3.4.3.2.1    France Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.3.2.2    France Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.3.3    Product
                                                      4.3.4.3.3.1    France Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.3.3.2    France Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.3.3.3    Pricing Analysis
                     4.3.4.4    Germany
                                    4.3.4.4.1    Market
                                                      4.3.4.4.1.1    Buyer Attributes
                                                      4.3.4.4.1.2    Key Manufacturers in Germany
                                                      4.3.4.4.1.3    Key Electric Vehicle Regulations and Policies in Germany
                                                      4.3.4.4.1.4    Competitive Benchmarking
                                                      4.3.4.4.1.5    Business Challenges
                                                      4.3.4.4.1.6    Business Drivers
                                    4.3.4.4.2    Application
                                                      4.3.4.4.2.1    Germany Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.4.2.2    Germany Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.4.3    Product
                                                      4.3.4.4.3.1    Germany Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.4.3.2    Germany Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.4.3.3    Pricing Analysis
                     4.3.4.5    Spain
                                    4.3.4.5.1    Market
                                                      4.3.4.5.1.1    Buyer Attributes
                                                      4.3.4.5.1.2    Key Manufacturers in Spain
                                                      4.3.4.5.1.3    Key Electric Vehicle Regulations and Policies in Spain
                                                      4.3.4.5.1.4    Competitive Benchmarking
                                                      4.3.4.5.1.5    Business Challenges
                                                      4.3.4.5.1.6    Business Drivers
                                    4.3.4.5.2    Application
                                                      4.3.4.5.2.1    Spain Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.5.2.2    Spain Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.5.3    Product
                                                      4.3.4.5.3.1    Spain Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.5.3.2    Spain Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.5.3.3    Pricing Analysis
                     4.3.4.6    Rest-of-Europe
                                    4.3.4.6.1    Application
                                                      4.3.4.6.1.1    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.3.4.6.1.2    Rest-of-Europe Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.3.4.6.2    Product
                                                      4.3.4.6.2.1    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.3.4.6.2.2    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.3.4.6.2.3    Pricing Analysis
4.4    Middle East and Africa (MEA)
         4.4.1    Market
                     4.4.1.1    Buyer Attributes
                     4.4.1.2    Key Manufacturers in the Middle East and Africa
                     4.4.1.3    Competitive Benchmarking
         4.4.2    Application
                     4.4.2.1    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.4.2.2    Middle East and Africa Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.4.3    Product
                     4.4.3.1    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.4.3.2    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.4.3.3    Pricing Analysis
4.5    China
         4.5.1    Market
                     4.5.1.1    Buyer Attributes
                     4.5.1.2    Key Manufacturers in China
                     4.5.1.3    Competitive Benchmarking
                     4.5.1.4    Key Electric Vehicle Regulations and Policies in China
                     4.5.1.5    Business Challenges
                     4.5.1.6    Business Drivers
         4.5.2    Application
                     4.5.2.1    China Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.5.2.2    China Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.5.3    Product
                     4.5.3.1    China Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.5.3.2    China Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.5.3.3    Pricing Analysis
4.6    Asia-Pacific and Japan
         4.6.1    Market
                     4.6.1.1    Key Manufacturers in Asia-Pacific and Japan
                     4.6.1.2    Competitive Benchmarking
                     4.6.1.3    Business Challenges
                     4.6.1.4    Business Drivers
         4.6.2    Application
                     4.6.2.1    Asia-Pacific and Japan Fluids and Lubricants Demand for Electric Vehicles (by Vehicle Type), Value and Volume Data
                     4.6.2.2    Asia-Pacific and Japan Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
         4.6.3    Product
                     4.6.3.1    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                     4.6.3.2    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                     4.6.3.3    Pricing Analysis
         4.6.4    Asia-Pacific and Japan (by Country)
                     4.6.4.1    Japan
                                    4.6.4.1.1    Market
                                                      4.6.4.1.1.1    Buyer Attributes
                                                      4.6.4.1.1.2    Key Manufacturers in Japan
                                                      4.6.4.1.1.3    Key Electric Vehicle Regulations and Policies in Japan
                                                      4.6.4.1.1.4    Competitive Benchmarking
                                                      4.6.4.1.1.5    Business Challenges
                                                      4.6.4.1.1.6    Business Drivers
                                    4.6.4.1.2    Application
                                                      4.6.4.1.2.1    Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.6.4.1.2.2    Japan Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                       4.6.4.2    Product
                                                      4.6.4.2.1.1    Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.6.4.2.1.2    Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.6.4.2.1.3    Pricing Analysis
                     4.6.4.3    South Korea
                                    4.6.4.3.1    Market
                                                      4.6.4.3.1.1    Buyer Attributes
                                                      4.6.4.3.1.2    Key Manufacturers in South Korea
                                                      4.6.4.3.1.3    Key Electric Vehicle Regulations and Policies in South Korea
                                                      4.6.4.3.1.4    Competitive Benchmarking
                                                      4.6.4.3.1.5    Business Challenges
                                                      4.6.4.3.1.6    Business Drivers
                                    4.6.4.3.2    Application
                                                      4.6.4.3.2.1    South Korea Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.6.4.3.2.2    South Korea Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.6.4.3.3    Product
                                                      4.6.4.3.3.1    South Korea Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.6.4.3.3.2    South Korea Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.6.4.3.3.3    Pricing Analysis
                     4.6.4.4    Rest-of-Asia-Pacific and Japan
                                    4.6.4.4.1    Application
                                                      4.6.4.4.1.1    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Value and Volume Data
                                                      4.6.4.4.1.2    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Demand for Electric Vehicles (by Propulsion Type), Value and Volume Data
                                    4.6.4.4.2    Product
                                                      4.6.4.4.2.1    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Value and Volume Data
                                                      4.6.4.4.2.2    Rest-of-Asia-Pacific Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel) Value and Volume Data
                                                      4.6.4.4.2.3    Pricing Analysis

5.1    Competitive Benchmarking
5.2    Product Matrix
5.3    Company Profiles
         5.3.1    Type 1 Companies (by Product Offerings): Private Companies
                     5.3.1.1    Afton Chemicals
                                    5.3.1.1.1    Company Overview
                                    5.3.1.1.2    Role of Afton Chemicals in Fluids and Lubricants Market for Electric Vehicles    
                                    5.3.1.1.3    Product Portfolio
                                    5.3.1.1.4    Production Sites and R&D Analysis
                                    5.3.1.1.5    Business Strategies
                                    5.3.1.1.6    Strengths of the Company
                                    5.3.1.1.7    Analyst View for Afton Chemicals
                     5.3.1.2    Engineered Fluids
                                    5.3.1.2.1    Company Overview
                                    5.3.1.2.2    Role of Engineered Fluids in Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.2.3    Product Portfolio
                                    5.3.1.2.4    Production Sites and R&D Analysis
                                    5.3.1.2.5    Strengths of the Company
                                    5.3.1.2.6    Analyst View for Engineered Fluids
                     5.3.1.3    Dober
                                    5.3.1.3.1    Company Overview
                                    5.3.1.3.2    Role of Dober in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.1.3.2.1    Product Portfolio
                                                      5.3.1.3.2.2    Production Sites and R&D Analysis
                                    5.3.1.3.3    Strength of Dober in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.3.4    Competitive Benchmarking of Dober
                                    5.3.1.3.5    Analyst View for Dober
                     5.3.1.4    Infineum International Limited
                                    5.3.1.4.1    Company Overview
                                    5.3.1.4.2    Role of Infineum International Limited in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.1.4.2.1    Product Portfolio
                                                      5.3.1.4.2.2    Production Sites and R&D Analysis
                                    5.3.1.4.3    Business Strategies
                                    5.3.1.4.4    Strength of Infineum International Limited in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.4.5    Competitive Benchmarking of Infineum International Limited
                                    5.3.1.4.6    Analyst View for Infineum International Limited
                     5.3.1.5    Klüber Lubrication
                                    5.3.1.5.1    Company Overview
                                    5.3.1.5.2    Role of Klüber Lubrication in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.1.5.2.1    Product Portfolio
                                                      5.3.1.5.2.2    Production Sites and R&D Analysis
                                    5.3.1.5.3    Business Strategies
                                                      5.3.1.5.3.1    Product Developments
                                                      5.3.1.5.3.2    Market Developments
                                    5.3.1.5.4    Strength of Klüber Lubrication in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.5.5    Competitive Benchmarking of Klüber Lubrication
                                    5.3.1.5.6    Analyst View for Klüber Lubrication
                     5.3.1.6    M&I Materials Limited
                                    5.3.1.6.1    Company Overview
                                    5.3.1.6.2    Role of M&I Materials Limited in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.1.6.2.1    Product Portfolio
                                                      5.3.1.6.2.2    Production Sites and R&D Analysis
                                    5.3.1.6.3    Business Strategies
                                                      5.3.1.6.3.1    Product Developments
                                                      5.3.1.6.3.2    Market Developments
                                    5.3.1.6.4    Corporate Strategies
                                                       5.3.1.6.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.1.6.5    Strength of M&I Materials Ltd. in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.6.6    Competitive Benchmarking of M&I Materials Ltd.
                                    5.3.1.6.7    Analyst View for M&I Materials Ltd.
                     5.3.1.7    Panolin AG
                                    5.3.1.7.1    Company Overview
                                    5.3.1.7.2    Role of Panolin AG in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.1.7.2.1    Product Portfolio
                                                      5.3.1.7.2.2    Production Sites and R&D Analysis
                                    5.3.1.7.3    Corporate Strategies
                                                      5.3.1.7.3.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.1.7.4    Strength of Panolin in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.1.7.5    Competitive Benchmarking of Panolin
                                    5.3.1.7.6    Analyst View for Panolin
         5.3.2    Type 2 Companies (by Product Offerings): Public Companies
                     5.3.2.1    CASTROL Limited
                                    5.3.2.1.1    Company Overview
                                    5.3.2.1.2    Role of Castrol Limited in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.1.2.1    Product Portfolio
                                                      5.3.2.1.2.2    Production Sites and R&D Analysis
                                    5.3.2.1.3    Business Strategies
                                                      5.3.2.1.3.1    Product Developments
                                                      5.3.2.1.3.2    Market Developments
                                    5.3.2.1.4    Corporate Strategies
                                                      5.3.2.1.4.1    Partnerships, Joint Ventures, Collaborations and Alliances
                                    5.3.2.1.5    Strength of Castrol in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.1.6    Competitive Benchmarking of Castrol
                                    5.3.2.1.7    Analyst View for Castrol
                     5.3.2.2    3M
                                    5.3.2.2.1    Company Overview
                                    5.3.2.2.2    Role of 3M in Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.2.3    Product Portfolio
                                    5.3.2.2.4    Production Sites and R&D Analysis
                                    5.3.2.2.5    Corporate Strategies
                                    5.3.2.2.6    Strengths of the Company
                                    5.3.2.2.7    Analyst View for 3M
                     5.3.2.3    Motul
                                    5.3.2.3.1    Company Overview
                                    5.3.2.3.2    Role of Motul in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.3.2.1    Product Portfolio
                                                      5.3.2.3.2.2    Production Sites and R&D Analysis
                                    5.3.2.3.3    Business Strategies
                                                      5.3.2.3.3.1    Product Developments
                                    5.3.2.3.4    Corporate Strategies
                                                      5.3.2.3.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.3.5    Strength of Motul in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.3.6    Competitive Benchmarking of Motul
                                    5.3.2.3.7    Analyst View for Motul
                     5.3.2.4    Electrolube
                                    5.3.2.4.1    Company Overview
                                    5.3.2.4.2    Role of Castrol Limited in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.4.2.1    Product Portfolio
                                                      5.3.2.4.2.2    Production Sites and R&D Analysis
                                    5.3.2.4.3    Business Strategies
                                                      5.3.2.4.3.1    Product Developments
                                                      5.3.2.4.3.2    Market Developments
                                    5.3.2.4.4    Strength of Electrolube in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.4.5    Competitive Benchmarking of Electrolube
                                    5.3.2.4.6    Analyst View for Electrolube
                     5.3.2.5    Exxon Mobil Corporation
                                    5.3.2.5.1    Company Overview
                                    5.3.2.5.2    Role of Exxon Mobil Corporation in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.5.2.1    Product Portfolio
                                                      5.3.2.5.2.2    Production Sites and R&D Analysis
                                    5.3.2.5.3    Business Strategies
                                                      5.3.2.5.3.1    Product Developments
                                                      5.3.2.5.3.2    Market Developments
                                    5.3.2.5.4    Corporate Strategies
                                                      5.3.2.5.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.5.5    Strength of ExxonMobil Corporation in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.5.6    Competitive Benchmarking of ExxonMobil Corporation
                                    5.3.2.5.7    Analyst View for ExxonMobil Corporation
                     5.3.2.6    The Lubrizol Corporation
                                    5.3.2.6.1    Company Overview
                                    5.3.2.6.2    Role of The Lubrizol Corporation in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.6.2.1    Product Portfolio
                                                      5.3.2.6.2.2    Production Sites and R&D Analysis
                                    5.3.2.6.3    Corporate Strategies
                                                      5.3.2.6.3.1    Partnerships, Joint Ventures, Collaborations and Alliances
                                    5.3.2.6.4    Strength of Lubrizol Corporation in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.6.5    Competitive Benchmarking of Lubrizol Corporation
                                    5.3.2.6.6    Analyst View for Lubrizol Corporation
                     5.3.2.7    Petronas
                                    5.3.2.7.1    Company Overview
                                    5.3.2.7.2    Role of Petronas in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.7.2.1    Product Portfolio
                                                      5.3.2.7.2.2    Production Sites and R&D Analysis
                                    5.3.2.7.3    Business Strategies
                                                      5.3.2.7.3.1    Product Developments
                                                      5.3.2.7.3.2    Market Developments
                                    5.3.2.7.4    Corporate Strategies
                                                      5.3.2.7.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.7.5    Strengths and Weaknesses of Petronas in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.7.6    Competitive Benchmarking of Petronas
                                    5.3.2.7.7    Analyst View for Petronas
                     5.3.2.8    PolySi Technologies Inc.
                                    5.3.2.8.1    Company Overview
                                    5.3.2.8.2    Role of PolySi Technologies Inc. in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.8.2.1    Product Portfolio
                                                      5.3.2.8.2.2    Production Sites
                                    5.3.2.8.3    Corporate Strategies
                                                      5.3.2.8.3.1    Mergers & Acquisitions
                                    5.3.2.8.4    Strength of PolySi Technologies Inc. in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.8.5    Competitive Benchmarking of PolySi Technologies Inc.
                                    5.3.2.8.6    Analyst View for PolySi Technologies Inc.
                     5.3.2.9    Shell plc
                                    5.3.2.9.1    Company Overview
                                    5.3.2.9.2    Role of Shell plc in Fluids and Lubricants Market for Electric Vehicles
                                                      5.3.2.9.2.1    Product Portfolio
                                                      5.3.2.9.2.2    Production Sites and R&D Analysis
                                    5.3.2.9.3    Business Strategies
                                                      5.3.2.9.3.1    Product Developments
                                    5.3.2.9.4    Corporate Strategies
                                                      5.3.2.9.4.1    Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.9.5    Strength of Shell plc in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.9.6    Competitive Benchmarking of Shell plc
                                    5.3.2.9.7    Analyst View for Shell plc
                  5.3.2.10    TotalEnergies SE
                                    5.3.2.10.1    Company Overview
                                    5.3.2.10.2    Role of TotalEnergies SE in Fluids and Lubricants Market for Electric Vehicles
                                                        5.3.2.10.2.1    Product Portfolio
                                                        5.3.2.10.2.2    Production Sites and R&D Analysis
                                    5.3.2.10.3    Business Strategies
                                                        5.3.2.10.3.1    Product Developments
                                    5.3.2.10.4    Corporate Strategies
                                                        5.3.2.10.4.1    Partnerships, Joint Ventures, Collaborations and Alliances
                                    5.3.2.10.5    Strength of Total Energies SE in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.10.6    Competitive Benchmarking of TotalEnergies SE
                                    5.3.2.10.7    Analyst View for TotalEnergies SE
                   5.3.2.11    Valvoline Inc.
                                    5.3.2.11.1    Company Overview
                                    5.3.2.11.2    Role of Valvoline Inc. in Fluids and Lubricants Market for Electric Vehicles
                                                        5.3.2.11.2.1    Product Portfolio
                                                        5.3.2.11.2.2    Production Sites and R&D Analysis
                                    5.3.2.11.3    Business Strategies
                                                        5.3.2.11.3.1    Product Developments
                                    5.3.2.11.4    Corporate Strategies
                                                        5.3.2.11.4.1    Partnerships, Joint Ventures, Collaborations and Alliances
                                    5.3.2.11.5    Strength of Valvoline in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.11.6    Competitive Benchmarking of Valvoline
                                    5.3.2.11.7    Analyst View for Valvoline
                   5.3.2.12    FUCHS
                                    5.3.2.12.1    Company Overview
                                    5.3.2.12.2    Role of FUCHS in Fluids and Lubricants Market for Electric Vehicles
                                                        5.3.2.12.2.1    Product Portfolio
                                                        5.3.2.12.2.2    Production Sites and R&D Analysis
                                    5.3.2.12.3    Business Strategies
                                                        5.3.2.12.3.1    Product Developments
                                    5.3.2.12.4    Corporate Strategies
                                                        5.3.2.12.4.1    Partnerships, Joint Ventures, Collaborations and Alliances
                                    5.3.2.12.5    Strength of FUCHS in the Global Fluids and Lubricants Market for Electric Vehicles
                                    5.3.2.12.6    Competitive Benchmarking of FUCHS
                                    5.3.2.12.7    Analyst View for FUCHS
5.4    Other Key Companies

6.1    Data Sources
         6.1.1    Primary Data Sources
         6.1.2    Secondary Data Sources
6.2    Data Triangulation
6.3    Market Estimation and Forecast
         6.3.1    Factors for Data Prediction and Modeling

Table 1:    Global Fluids and Lubricants Market for Electric Vehicles Overview
Table 2:    Key Factors Determining "Threat from New Entrants" in Fluids and Lubricants Market for Electric Vehicles
Table 3:    Key Factors Determining "Bargaining Power of Buyers" in the Fluids and Lubricants Market for Electric Vehicles
Table 4:    Key Factors Determining "Bargaining Power of Suppliers" in the Fluids and Lubricants Market for Electric Vehicles
Table 5:    Key Factors Determining "Intensity of Competitive Rivalry" in the Fluids and Lubricants Market for Electric Vehicles
Table 6:    Government Initiatives for Electric Vehicles
Table 7:    Programs by Research Institutions and Universities
Table 8:    Impact of Business Drivers
Table 9:    Impact of Business Challenges
Table 10:    Impact of Business Opportunities
Table 11:    Global Fluid and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 12:    Global Fluid and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 13:    Global Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 14:    Global Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 15:    Grease Products for Electric Vehicles
Table 16:    Global Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 17:    Global Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 18:    Global Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 19:    Global Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 20:    Global Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 21:    Global Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 22:    Global Fluids and Lubricants Market for Electric Vehicles (by Region), Million Liter, 2021-2031
Table 23:    Global Fluids and Lubricants Market for Electric Vehicles (by Region), $ Million, 2021-2031
Table 24:    North America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 25:    North America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 26:    North America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 27:    North America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 28:    North America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 29:    North America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 30:    North America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 31:    North America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 32:    North America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 33:    North America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 34:    Key EV Regulations and Policies in the U.S.
Table 35:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 36:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 37:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 38:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 39:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 40:    U.S. Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 41:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 42:    U.S. Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 43:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 44:    U.S. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 45:    Key EV Regulations and Policies in Canada
Table 46:    Canada Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 47:    Canada Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 48:    Canada Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 49:    Canada Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 50:    Canada Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 51:    Canada Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 52:    Canada Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 53:    Canada Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 54:    Canada Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 55:    Canada Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 56:    South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Thousand Liter, 2021-2031
Table 57:    South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 58:    South America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Thousand Liter, 2021-2031
Table 59:    South America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 60:    South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Thousand Liter, 2021-2031
Table 61:    South America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Thousand Litres, 2021-2031
Table 62:    South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 63:    South America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 64:    South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Thousand Liter, 2021-2031
Table 65:    South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 66:    Key EV Regulations and Policies in Brazil
Table 67:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Thousand Liter, 2021-2031
Table 68:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 69:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Thousand Liter, 2021-2031
Table 70:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 71:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Thousand Liter, 2021-2031
Table 72:    Brazil Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Thousand Liter, 2021-2031
Table 73:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 74:    Brazil Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 75:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Thousand Liter, 2021-2031
Table 76:    Brazil Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 77:    Key EV Regulations and Policies in the Rest-of-South America
Table 78:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Thousand Liter, 2021-2031
Table 79:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 80:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Thousand Liter, 2021-2031
Table 81:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 82:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Thousand Liter, 2021-2031
Table 83:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Thousand Litres, 2021-2031
Table 84:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 85:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 86:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Thousand Liter, 2021-2031
Table 87:    Rest-of-South America Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 88:    Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 89:    Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 90:    Europe Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 91:    Europe Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 92:    Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 93:    Europe Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 94:    Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 95:    Europe Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 96:    Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 97:    Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 98:    Key EV Regulations and Policies in the U.K.
Table 99:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 100:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 101:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 102:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 103:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 104:    U.K. Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 105:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 106:    U.K. Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 107:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 108:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 109:    Key EV Regulations and Policies in Italy
Table 110:    Italy Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 111:    Italy Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 112:    Italy Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 113:    Italy Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 114:    Italy Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 115:    Italy Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 116:    Italy Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 117:    Global Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 118:    Italy Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter,  2021-2031
Table 119:    Italy Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 120:    Key EV Regulations and Policies in France
Table 121:    France Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 122:    France Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 123:    France Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 124:    France Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 125:    France Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 126:    France Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 127:    France Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 128:    France Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 129:    France Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 130:    France Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 131:    Key EV Regulations and Policies in Germany
Table 132:    Germany Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 133:    Germany Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 134:    Germany Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 135:    Germany Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 136:    Germany Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 137:    Germany Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 138:    Germany Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 139:    Germany Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 140:    Germany Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 141:    Germany Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 142:    Key EV Regulations and Policies in Spain
Table 143:    Spain Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 144:    Spain Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 145:    Spain Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 146:    Spain Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 147:    Spain Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 148:    Spain Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 149:    Spain Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 150:    Spain Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 151:    Spain Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 152:    Spain Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 153:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 154:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 155:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 156:    U.K. Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 157:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 158:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 159:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 160:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 161:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter,  2021-2031
Table 162:    Rest-of-Europe Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 163:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Thousand Liter, 2021-2031
Table 164:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 165:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Thousand Liter, 2021-2031
Table 166:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 167:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Thousand Liter, 2021-2031
Table 168:    Middle East & Africa Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Thousand Liter, 2021-2031
Table 169:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 170:    Middle East & Africa Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 171:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Thousand Liter,  2021-2031
Table 172:    Middle East and Africa Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 173:    Key EV Regulations and Policies in China
Table 174:    China Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 175:    China Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 176:    China Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 177:    China Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 178:    China Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 179:    China Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 180:    China Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 181:    China Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 182:    China Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 183:    China Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 184:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter,  2021-2031
Table 185:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 186:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter,  2021-2031
Table 187:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 188:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 189:    Asia Pacific and Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 190:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 191:    Asia Pacific and Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 192:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter,  2021-2031
Table 193:    Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 194:    Key EV Regulations and Policies in Japan
Table 195:    Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 196:    Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 197:    Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 198:    Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 199:    Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 200:    Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 201:    Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 202:    Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 203:    Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter,  2021-2031
Table 204:    Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 205:    Key EV Regulations and Policies in South Korea
Table 206:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 207:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 208:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 209:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 210:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 211:    South Korea Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 212:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 213:    South Korea Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 214:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter, 2021-2031
Table 215:    South Korea Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031
Table 216:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Million Liter, 2021-2031
Table 217:    Rest-of-Asia-Pacific Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), $Million, 2021-2031
Table 218:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Million Liter, 2021-2031
Table 219:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), $Million, 2021-2031
Table 220:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), Million Liter, 2021-2031
Table 221:    Rest-of-Asia Pacific and Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), Million Liter, 2021-2031
Table 222:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Product Type (by Application)), $Million, 2021-2031
Table 223:    Rest-of-Asia Pacific and Japan Fluids and Lubricants Market for Electric Vehicle Batteries (by Technology), $Million, 2021-2031
Table 224:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), Million Liter,  2021-2031
Table 225:    Rest-of-Asia-Pacific and Japan Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel), $Million, 2021-2031

Figure 1:    Global Fluids and Lubricants Market for Electric Vehicles Overview, $Million, 2021-2031
Figure 2:    Global Fluids and Lubricants Market for Electric Vehicles (by Product Type), Volume, 2022, 2026, and 2031
Figure 3:    Global Fluids and Lubricants Market for Electric Vehicles (by Vehicle Type), Volume, 2021-2031
Figure 4:    Global Fluids and Lubricants Market for Electric Vehicles (by Propulsion Type), Volume, 2021-2031
Figure 5:    Global Fluids and Lubricants Market for Electric Vehicles (by Distribution Channel Type)
Figure 6:    Global Fluids and Lubricants Market for Electric Vehicles (by Region), 2022
Figure 7:    Global Fluids and Lubricants Market for Electric Vehicles: Coverage
Figure 8:    Industry Insights
Figure 9:    Global Fluids and Lubricants Market for Electric Vehicles Supply Chain
Figure 10:    Stakeholders in Global Fluids and Lubricants Market for EVs
Figure 11:    Porter's Five Forces Analysis
Figure 12:    Supply and Demand Analysis, 2021-2031
Figure 13:    Consortiums, Associations, and Regulatory Bodies for Electric Vehicles
Figure 14:    Business Dynamics for the Global Fluids and Lubricants Market for Electric Vehicles
Figure 15:    Driving Range of Various Electric Vehicles
Figure 16:    Components in Electric Vehicle Batteries
Figure 17:    Hybrid Electric Vehicle Fluids
Figure 18:    Key Business Strategies
Figure 19:    Product Developments (by Company), 2018-2021
Figure 20:    Market Developments (by Company), 2018-2021
Figure 21:    Key Corporate Strategies
Figure 22:    Partnerships and Joint Ventures (by Company), 2018-2021
Figure 23:    Coolants in EV Charging Cables
Figure 24:    Timeline
Figure 25:    Global Fluids and Lubricants Market for Electric Passenger Vehicles, $Million and Million Liter, 2021-2031
Figure 26:    Global Fluids and Lubricants Market for Light Commercial Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 27:    Global Fluids and Lubricants Market for Heavy Commercial Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 28:    Component Structures for HEV, PHEV, and BEV
Figure 29:    Global Fluids and Lubricants Market for Battery Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 30:    Global Fluids and Lubricants Market for Hybrid Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 31:    Global Fluids and Lubricants Market for Plug-In Hybrid Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 32:    Various Application Areas of Fluids and Lubricants in an Electric Vehicles
Figure 33:    Global Grease Market for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 34:    Global Thermal Fluids Market for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 35:    Global Drive System Fluids Market for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 36:    Global Brake Fluids Market for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 37:    Global Fluids and Lubricants OEMs Market for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 38:    Global Fluids and Lubricants Aftermarket for Electric Vehicles, $Million and Million Liter, 2021-2031
Figure 39:    Global Fluids and Lubricants Market for Electric Vehicle Opportunity Matrix (by Region), $Million
Figure 40:    Global Fluids and Lubricants Market for Electric Vehicle Opportunity Matrix (by Product Type), $Million
Figure 41:    Global Fluids and Lubricants Market for Electric Vehicle Opportunity Matrix (by Distribution Channel), $Million
Figure 42:    Innovation Areas (by Patent Application) and Leading Patent Companies (by Fluid Type)
Figure 43:    Global Pricing Analysis (by Distribution Channel), $/Liter
Figure 44:    Technology Roadmap for Electric Vehicles
Figure 45:    Competitive Benchmarking
Figure 46:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 47:    Competitive Benchmarking
Figure 48:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 49:    Competitive Benchmarking
Figure 50:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 51:    Competitive Benchmarking
Figure 52:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 53:    Competitive Benchmarking
Figure 54:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 55:    Competitive Benchmarking
Figure 56:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 57:    Competitive Benchmarking
Figure 58:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 59:    Competitive Benchmarking
Figure 60:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 61:    Competitive Benchmarking
Figure 62:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 63:    Competitive Benchmarking
Figure 64:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 65:    Competitive Benchmarking
Figure 66:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 67:    Competitive Benchmarking
Figure 68:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 69:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 70:    Competitive Benchmarking
Figure 71:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 72:    Competitive Benchmarking
Figure 73:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 74:    Competitive Benchmarking
Figure 75:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 76:    Competitive Benchmarking
Figure 77:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 78:    Competitive Benchmarking
Figure 79:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 80:    Pricing Analysis (by Distribution Channel), $/Liter, 2021-2031
Figure 81:    Competitive Benchmarking
Figure 82:    Research and Development Centers for Global Fluids and Lubricants Manufacturers
Figure 83:    Afton Chemicals: Overall Product Portfolio
Figure 84:    Engineered Fluids: Overall Product Portfolio
Figure 85:    Competitive Benchmarking of Dober
Figure 86:    Competitive Benchmarking of Infineum International Limited
Figure 87:    Competitive Benchmarking of Klüber Lubrication
Figure 88:    Competitive Benchmarking of M&I Materials Ltd.
Figure 89:    Competitive Benchmarking of Panolin
Figure 90:    Competitive Benchmarking of Castrol
Figure 91:    3M: Overall Product Portfolio
Figure 92:    Competitive Benchmarking of Motul
Figure 93:    Competitive Benchmarking of Electrolube
Figure 94:    Competitive Benchmarking of ExxonMobil Corporation
Figure 95:    Competitive Benchmarking of Lubrizol Corporation
Figure 96:    Competitive Benchmarking of Petronas
Figure 97:    Competitive Benchmarking of PolySi Technologies Inc.
Figure 98:    Competitive Benchmarking of Shell plc
Figure 99:    Competitive Benchmarking of TotalEnergies SE
Figure 100:    Competitive Benchmarking of Valvoline
Figure 101:    Competitive Benchmarking of FUCHS
Figure 102:    Top-Down and Bottom-Up Approach
Figure 103:    Figure Assumptions and Limitations

Market Report Coverage

Fluids and Lubricants Market for Electric Vehicles

Base Year

2021

Market Size in 2021

$1,387.7 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$17,412.9 Million

CAGR During Forecast Period

28.81%

Number of Tables

225

Number of Pages

314

Number of Figures

103

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Public companies are leading in the fluids and lubricants market for electric vehicles. For base year 2021, Private companies in the market capture around 5% of the market share, whereas public companies in the market capture around 95% of the market share in the global fluids and lubricants market for electric vehicles.

Fluids and Lubricants Market for Electric Vehicles

Some of the prominent names established in this market are:

Company Type 1: Private Companies

•    Afton Chemicals
•    Engineered Fluids
•    Dober
•    Infineum International Limited
•    Klüber Lubrication
•    M&I Materials Limited
•    Panolin AG

Company Type 2: Public Companies

•    CASTROL Limited
•    3M
•    Motul
•    Electrolube
•    Exxon Mobil Corporation
•    The Lubrizol Corporation
•    Petronas
•    PolySi Technologies Inc.
•    Shell plc
•    TotalEnergies SE
•    Valvoline Inc.
•    FUCHS

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of electric vehicle fluids and lubricants products available based on propulsion type (battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs)), vehicle type (passenger vehicles, light commercial vehicles, and heavy commercial vehicles), product type (thermal fluid, drive system fluid, brake fluid, and grease), and distribution channel (OEMs and aftermarket). Increasing demand for cooling of batteries and high-temperature parts in electric vehicles pushing consumption of electric vehicle fluids and lubricants. Therefore, the fluids and lubricants market for electric vehicles business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The fluids and lubricants market for electric vehicles is an exponentially growing market holding enormous opportunities for the market players. Some of the strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global fluids and lubricants market for electric vehicles.

Competitive Strategy: Key players in the fluids and lubricants market for electric vehicles analyzed and profiled in the study involve electric vehicle fluids and lubricants-based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the fluids and lubricants market for electric vehicles has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Fluids and Lubricants Market for Electric Vehicles Industry Overview

The fluids and lubricants market for electric vehicles was estimated to be at $1,387.7 million in 2021, which is expected to grow with a CAGR of 28.81% and reach $17,412.9 million by 2031. The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.

Market Lifecycle Stage

The fluids and lubricants market for electric vehicles is at an early stage and is growing swiftly. Ongoing research and development activities in manufacturing efficient, anti-wear, and optimal temperature fluids are expected to boost key market development activities.

The fluids and lubricants market for electric vehicles is in the growth phase. A growing fleet of electric vehicles (EVs) is consuming more and more EV fluids. As a result, the fluids and lubricants market for electric vehicles is expected to flourish in the forecast period 2022-2031.

Impact

•    Huge investments in the form of subsidies and infrastructure development by government and federal agencies to promote electric vehicles to cut down carbon dioxide emissions are propelling the growth of electric vehicle fluids and lubricants.
•    According to CALSTART's Zero-Emission Technology Inventory, the North America market will have 54 manufacturers offering over 100 models of electric heavy commercial vehicles by 2022, which will boost the fluids and lubricants market for electric vehicles. Sales of electric heavy commercial vehicles will lead to an increase in fluid and lubricant consumption. Compared to normal electric cars, heavy commercial vehicles require more maintenance, which may boost aftermarket sales.

Impact of COVID-19

The COVID-19 pandemic impact on the fluids and lubricants market for electric vehicles has been negligible. Despite the pandemic, there was a slight increase in electric vehicle fluids and lubricants consumption. COVID-19 has enhanced awareness of the environment. Because of this, more and more people are planning to purchase sustainable vehicles. This will propel the fluids and lubricants market for electric vehicles.

Market Segmentation:

Segmentation 1: by Propulsion Type
•    Battery Electric Vehicles (BEVs)
•    Hybrid Electric Vehicles (HEVs)
•    Plug-In Hybrid Electric Vehicles (PHEVs)

Segmentation 2: by Vehicle Type
•    Passenger Vehicles
•    Light Commercial Vehicles
•    Heavy Commercial Vehicles

The fluids and lubricants market for electric vehicles in the propulsion type segment is expected to be dominated by the hybrid electric vehicles segment. In terms of vehicle type, passenger vehicle will dominate the Fluids and lubricants market for electric vehicles due to the large fleet of these vehicles.

Segmentation 3: by Product Type
•    Grease
        o    E-motors
        o    Bearings
        o    Constant Velocity Joints (CV Joints)
        o    Others
•    Thermal Fluids
        o    Batteries
        o    E-motors
        o    Power Electronics
        o    Others
•    Drive System Fluids
        o    Gear
        o    E-motors
        o    Others
•    Brake Fluids

The thermal fluids segment dominates the fluids and lubricants market for electric vehicles due to the higher volume and per liter cost of this fluid.

Segmentation 4: by Distribution Channel
•    OEMs
•    Aftermarket

The OEMs channel is anticipated to dominate the global fluids and lubricants market for EVs as most of the fluids have a very low replacement rate and can last for the entire electric vehicle’s lifetime without being flushed.

Segmentation 5: by Region

•    North America
•    Asia-Pacific and Japan
•    China
•    Europe
•    South America
•    Middle East and Africa

Recent Developments in Fluids and Lubricants Market for Electric Vehicles

•    In March 2022, Afton invested approximately $400 million in the Singapore chemical additive manufacturing facility under phase 3 expansion to expand its GPA blending capabilities.
•    In November 2021, the FUCHS Group unveiled a new design for automotive lubricants that features improved orientation, handling, and resource conservation.
•    In September 2021, Infineum International Ltd announced the launch of a broad portfolio of dedicated e-mobility fluids, covering all of the major hybrid and full battery electric vehicle models.
•    In February 2020, Kluber Lubrication launched specialty lubes for EVs.
•    In November 2021, Petronas unveiled its next-generation range of electric vehicle fluid solutions at its Global Research & Technology Centre in Turin, Italy.

Demand – Drivers and Limitations

Following are the demand drivers for the fluids and lubricants market for electric vehicles:

•    Need for Corrosion Resistant Solutions in the Electric Vehicle Batteries
•    Increasing Demand to Further Extend the Range of the Electric Vehicles
•    Rapid Adoption of Immersive Cooling for the Electric Vehicle Batteries
•    Improved Durability of Powertrain in Electric Vehicles
•    Increasing Demand for High-Performance Grease in HEVs
•    Growing Need for Enhanced Electrification Components

The market is expected to face some limitations too due to the following challenges:

•    Higher Cost of EV Fluids
•    Energy Efficiency Challenges
•    Developing Environment-Friendly Electric Vehicle Fluids
•    Lack of Optimized EV/HEV Performance for Improving Thermal Conductivity

Analyst Thoughts

According to Ayan Bandopadhyay, Lead Analyst, BIS Research, “The fluids and lubricants market for electric vehicles evolved rapidly and is anticipated to continue to spur with the same pace in the following years. Businesses are coming up with innovative solutions and launching new products in the market. Collaborations and product launches are key strategies that assist the market's growth. An increasing electric vehicle fleet is anticipated to push the aftermarket consumption of electric vehicle fluids and lubricants. Multiple solution providers are expected to dominate the market owing to their expertise in fluid development and widespread distribution network.”

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