Global Fluid and Lubricants for Electric Vehicle Market Analysis, 2021

Global Fluid and Lubricants for Electric Vehicle Market Analysis, 2021

By Product Type (Grease [E-Motors, Bearings, Constant Velocity Joints, Others], Heat Transfer Fluids [Battery, E-motors, Power Electronics, Others], Drive System Fluid [Gears, E-motors, Others], Brake Read more

  • Automotive
  • Sep 2021
  • 232
  • AT22010

The emergence of Electric Vehicles (EVs) & Hybrids has led to a profound shift in the automotive industry globally. With more power and improved battery ranges & charging speeds in EVs, standard fluids no longer can maintain their heat resistance, robustness, safety, & cooling capacity effectively. 

Like other vehicles, EVs also require lubricants that can meet the specific requirements of their powertrains. Hence, the leading companies in the industry are striving to engineer EV-only fluids & lubricants with dielectric characteristics, material protection & thermal properties, and standard lubrication.

According to MarkNtel Advisors, the Global Fluid and Lubricants for Electric Vehicle Market is anticipated to grow at around 17.5% CAGR during the forecast period, i.e., 2021-26. The market growth primarily attributes to the rising inclination of consumers toward EVs as they are eco-friendly, sustainable, & help curb CO2 emissions, coupled with the burgeoning need for durable fluids for EVs and the introduction of various types of coolants & lubricants.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 17.5%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Others
Asia-Pacific: China, India, Japan, South Korea
South America: Brazil and others
Middle East & Africa:  UAE, Saudi Arabia, South Africa
Key Companies Profiled 3M, Exxon Mobil Corporation, Valvoline Inc., Afton Chemicals, Dober, Infineum International Limited, Klüber Lubrication, M&I Materials Limited, Motul, FUCHS, Engineered Fluids, PolySi Technologies Inc., Lubrizol, Castrol, Panolin International Inc., Petronas, Royal Dutch Shell, Total Lubricants
Unit Denominations USD Million/Billion

 

Covid-19 Impact on Global Fluid and Lubricants for Electric Vehicle Market

In 2020, the global impact of COVID-19 on the automotive sector was tremendous & unprecedented, and EVs witnessed a continuous demand drop across all regions amid the crisis due to stringent movement restrictions & lockdown imposed by governments worldwide to curb the virus spread. It led to the closure of several manufacturing units and caused cross-border trade restrictions, which impacted exports & imports of goods & services and resulted in massive revenue losses.

However, with the upliftment of lockdown in most countries, the market dynamics changed, and improved sales volume of all types of EVs, particularly of BEVs & HEVs, were observed. The upcoming years are expected to be the most optimistic ones for the EV sector, with various OEMs launching new models, which, in turn, would fuel the production & purchases of fluids & lubes required for EVs, too. Moreover, the strong support of the governments of member countries for vehicle electrification entwined with the declining battery prices is also likely to boost the market in the years to come.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
    5. Acronyms
  2. Preface
  3. Executive Summary
  4. Global Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
        1. Grease
          1. E-Motors
          2. Bearings
          3. Constant Velocity Joints
          4. Others
        2. Heat Transfer Fluids
          1. Battery
          2. E-motors
          3. Power Electronics
          4. Others
        3. Drive System Fluid
          1. Gears
          2. E-motors
          3. Others
        4. Brake Fluids
      2. By Distribution Channel
        1. OEM
        2. Aftermarket
      3. By Vehicle Type
        1. Passenger Vehicle
        2. Commercial Vehicle
      4. By Propulsion Type
        1. Battery Electric Vehicles (BEVs)
        2. Hybrid Electric Vehicles (HEVs)
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      6. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  5. North America Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Distribution Channel
      3. By Vehicle Type
      4. By Propulsion Type
      5. By Country
        1. The US
        2. Canada
        3. Mexico
      6. North America Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
    3. The US Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. The US Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    4. Canada Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Canada Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    5. Mexico Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Mexico Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
  6. South America Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Distribution Channel
      3. By Vehicle Type
      4. By Propulsion Type
      5. By Country
        1. Brazil
        2. Others
    3. South America Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
  7. Europe Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Distribution Channel
      3. By Vehicle Type
      4. By Propulsion Type
      5. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Others
      6. Europe Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
    3. Germany Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    4. The UK Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    5. France Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    6. Italy Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
    7. Spain Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026  
  8. Middle East & Africa Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Distribution Channel
      3. By Vehicle Type
      4. By Propulsion Type
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
        4. Others
      6. Middle East & Africa Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
  9. Asia-Pacific Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Revenues
      2. Quantity Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Distribution Channel
      3. By Vehicle Type
      4. By Propulsion Type
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Others
      6. Asia Pacific Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
    3. China Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026 
    4. India Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026 
    5. Japan Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026 
    6. South Korea Fluid and Lubricants for Electric Vehicle Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Revenues
        2. Quantity Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Propulsion Type
      3. Competition Fluid and Lubricants for Electric Vehicle Market Competition Outlook
      4. Pricing Analysis, 2016-2026 
  10. Global Fluid and Lubricants for Electric Vehicle Market Pricing Analysis
  11. Global Fluid and Lubricants for Electric Vehicle Market Regulations, Policies
  12. Global Fluid and Lubricants for Electric Vehicle Market Porters Five Forces Analysis
  13. Global Fluid and Lubricants for Electric Vehicle Market Trends & Insights
  14. Global Fluid and Lubricants for Electric Vehicle Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  15. Global Fluid and Lubricants for Electric Vehicle Market Hotspot & Opportunities
  16. Global Fluid and Lubricants for Electric Vehicle Market, Competition Outlook
    1. Competition Matrix
      1. Target Markets
      2. Target Applications
      3. Research & Development
      4. Collaborations & Strategic Alliances
      5. Key Business Expansion Initiatives
      6. Business Restructuring- Mergers, Acquisitions, JVs
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. 3M
      2. Exxon Mobil Corporation
      3. Valvoline Inc.
      4.  Afton Chemicals
      5. Dober
      6.  Infineum International Limited
      7. Klüber Lubrication
      8. M&I Materials Limited
      9. Motul
      10. FUCHS
      11. Engineered Fluids
      12. PolySi Technologies Inc.
      13. Lubrizol
      14. Castrol
      15. Panolin International Inc
      16. Petronas
      17. Royal Dutch Shell
      18. Total Lubricants
  17. Disclaimer
Global Fluid and Lubricants for Electric Vehicle Market Segmentation
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