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 increase growth of the global electric vehicle fluids and lubricants market going ahead.

Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Electric Vehicle Fluids and Lubricants market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Electric Vehicle Fluids and Lubricants market.

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 Key Players operating in the industry are:

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

Radical Features of the Electric Vehicle Fluids and Lubricants Market Report:

• The report encompasses Electric Vehicle Fluids and Lubricants market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other key elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Electric Vehicle Fluids and Lubricants industry

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Segmentation:

• 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 Analysis Covers:

• North America (US, Canada)
• Europe (UK, 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, UAE, South Africa, Rest of MEA)

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