The global electric vehicle fluids and lubricants market size reached USD 1,178.8 Million in 2020 and is expected to register a CAGR of 18.7%, during the forecast period, according to latest analysis by Emergen Research. Increasing demand for effective and reliable electric vehicle fluids and lubricants is one of the key factors expected to drive global electric vehicle fluids and lubricants market growth during the forecast period. Rising adoption of electric vehicles and increasing government support in the form of subsidies and incentives to increase adoption of electric vehicles are other key factors expected to augment growth of the global electric vehicle fluids and lubricants market going ahead.

Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Electric Vehicle Fluids and Lubricants industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Electric Vehicle Fluids and Lubricants industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Electric Vehicle Fluids and Lubricants industry.

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Competitive Outlook: The leading companies operating in the Electric Vehicle Fluids and Lubricants market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Electric Vehicle Fluids and Lubricants Market and Profiled in the Report are:

3M, Castrol, Royal Dutch Shell, Total Lubricants, Valvoline Inc., Motul, Fuchs Petrolub SE, Engineered Fluids Inc, Exxon Mobil Corporation, Lubrizol Corporation 

Objectives of the Report:

Study of the global Electric Vehicle Fluids and Lubricants market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Electric Vehicle Fluids and Lubricants market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Electric Vehicle Fluids and Lubricants market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electric Vehicle Fluids and Lubricants market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Product Type Outlook (Revenue, USD Million; 2018–2028)

  • Grease
  • Brake Fluids
  • Heat Transfer Fluids
  • Drive System Fluids

• Distribution Channel Outlook (Revenue, USD Million; 2018–2028)

  • OEMs
  • Aftermarket

• Propulsion Type Outlook (Revenue, USD Million; 2018–2028)

  • Battery Electric Vehicles (BEVs)
  • Hybrid Electric Vehicles (HEVs)/Plug-In Hybrid Electric Vehicles (PHEVs)

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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