Product Code: AME0922SC
“Global Fluids and Lubricants Market for Electric Vehicles anticipated to Reach $17,412.9 Million by 2031.”
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
- E-motors
- Bearings
- Constant Velocity Joints (CV Joints)
- Others
- Thermal Fluids
- Batteries
- E-motors
- Power Electronics
- Others
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
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
China generated the highest revenue of $571.2 million in 2021, which is attributed to the increase in sales of electric vehicles and the high cost of fluids/liter in the China region. The fluids and lubricants market for electric vehicles is attractive in China due to the availability of diverse market segments.
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
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.
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.
Some of the prominent names established in this market are:
Company Type 1: Private Companies
- Afton Chemicals
- Engineered Fluids
- Dober
- Infineum International Limited
- Kluber 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
Table of Contents
1 Markets
- 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 Application
- 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 Products
- 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 Region
- 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 sGermany 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 Markets - Competitive Benchmarking & Company Profiles
- 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 Kluber Lubrication
- 5.3.1.5.1 Company Overview
- 5.3.1.5.2 Role of Kluber 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 Kluber Lubrication in the Global Fluids and Lubricants Market for Electric Vehicles
- 5.3.1.5.5 Competitive Benchmarking of Kluber Lubrication
- 5.3.1.5.6 Analyst View for Kluber 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 Research Methodology
- 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