Global Electric Vehicle Fluid Market Outlook to 2027 – Featuring Shell, Valvoline and Totalenergies Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Electric Vehicle Fluid Market Outlook, 2027” report has been added to ResearchAndMarkets.com’s offering.
The electric vehicle fluid market is anticipated to grow at CAGR of more than 25% in value terms in forecast period.
The electric vehicle fluid is designed to effectively and efficiently meet a broad range of performance requirements and is engineered specifically for the high-tech powertrains of electrified vehicles. With the rise in penetration of battery electric vehicles and hybrid electric vehicles, the automotive industry is going through a profound shift. Global electric vehicle fluid market is likely to capture higher growth in forecast period alongside the market of Global electric vehicle market and Global electric vehicle battery market.
Lubricants and fluids have not been a major concern in electric vehicle design until now, but nowadays manufacturers are looking for new products to help electric vehicles to keep up with changing requirements. Electric vehicle fluids are not only essential for lubricating and cooling of powertrains and transmission systems, but they are also needed to stabilize the temperature of the vehicle’s battery and power electronics.
According to the report, fluid market is segregated into four major type of products i.e. Grease, Brake fluid, Heat transfer fluid and Drive system fluid. Heat transfer fluid segment is leading the market with more than 80% of value market share and likely to capture higher market share in forecast period. Follow by the drive system fluids having more than 10% of market share. As demand of EV battery is increasing day by day correspondingly the demand of heat transfer fluid which is used for stabilize the temperature of EV battery is also likely to increase in future.
There are various types of e-fluid are present in the market for different E-mobility. Drive system fluid and heat transfer fluid are used in battery electric vehicle and plug-in hybrid electric vehicles. E-grease is designed to counter noise, vibration, and harness (NVH) levels within the electric vehicles. According to the report, by propulsion type, fluid market is segregated into three major types i.e. Battery electric vehicle (BEV), hybrid electric vehicle (HEV) and Plug-in hybrid electric vehicle (PHEV). Battery electric vehicle is leading the market with more than 45% of value market share and likely to captured higher market share in forecast period.
Global momentum towards zero-emissions road transport has accelerated significantly as electric vehicle sales portrayed an increasing trend in previous years. According to the report, Region wise, electric vehicle fluid market is segregated into five major regions i.e. North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Asia Pacific region is dominating the market with more than 45% value market share. Follow by Europe region. By country, china is leading the EV fluid market with more than 25% of market share.
Major Companies present in the market:
Shell Plc, Valvoline Inc., Totalenergies Se, Exxonmobil Corporation, Fuchs Petrolub Se, And Petroliam Nasional Berhad (Petronas), Repsol S.A, Castrol Limited, Afton Chemicals, Motul, Dober, Infineum International Limited, Eneos Corporation, The Lubrizol Corporation, Engineered Fluids Inc.
Considered in this report
- Geography: Global
- Base year: 2021
- Estimated year: 2022
- Forecast year: 2027
This report would help you answer the following questions:
1. At what rate the global electric vehicle fluid market will grow in forecast period?
2. What are the types of electric vehicle fluid?
3. Which electric vehicle fluid type is leading the market?
4. What is the impact of COVID-19 on the global electric vehicle fluid Market?
5. Which country is dominating in electric vehicle fluid market?
6. Who are the key players in electric vehicle fluid market?
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic/Demographic Snapshot
5. Global Electric Vehicle Fluid Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Product Type
5.2.3. By Propulsion Type
5.2.4. By Vehicle Type
5.2.5. By Company
5.2.6. By Country
6. North America Electric Vehicle Fluid Market Outlook
7. Europe Electric Vehicle Fluid Market Outlook
8. Asia-Pacific Electric Vehicle Fluid Market Outlook
9. Latin America Electric Vehicle Fluid Market Outlook
10. Middle East & Africa Electric Vehicle Fluid Market Outlook
11. Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends and Developments
13. Company Profiles
13.1. Shell Plc Formerly Royal Dutch Shell Plc
13.2. Valvoline Inc.
13.3. Totalenergies SE
13.4. Exxonmobil Corporation
13.5. Petroliam Nasional Berhad (PETRONAS)
13.6. Repsol S.A
13.7. Eneos Corporation
13.8. Castrol Limited
13.9. The Lubrizol Corporation
13.10. Engineered Fluids Inc.
13.11. Dober
13.12. Afton Chemicals Corporation
13.13. Motul
13.14. Infineum International Limited
13.15. Fuchs Petrolub SE
14. Strategic Recommendations
15. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/qz77zl
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