Electric Vehicle Fluids and Lubricants Market Size – USD 1,178.8 Million in 2020, Market Growth – at a CAGR of 18.7%, Market Trends – Increasing government support in subsidies and incentives to increase electric vehicle sales

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.

Grease segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing use of grease in electric vehicles for lubricating door locks, hinges, and powertrain is expected to boost revenue growth of this segment.

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This particular section of the report covers all the necessary details of the renowned market players operating in the global Electric Vehicle Fluids and Lubricants market. The report goes on to elucidate various marketing strategies employed by companies across this industry. Information on the shareholdings of these players in the global market has also been included in this report.

Key players in the market include 3M, Castrol, Royal Dutch Shell, Total Lubricants, Valvoline Inc., Motul, Fuchs Petrolub SE, Engineered Fluids Inc, Exxon Mobil Corporation, and Lubrizol Corporation.

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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.

Product Type Outlook (Revenue, USD Million; 2018–2028)
Grease
Brake Fluid
Heat Transfer Fluid
Drive System Fluid
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)
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The Electric Vehicle Fluids and Lubricants market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.

Geographical Terrain of the Global Electric Vehicle Fluids and Lubricants Market:

North America (U.S., Canada, and Mexico)
Europe (Germany, France, the U.K, Russia, and Italy)
Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
Latin America (Brazil, Argentina, Colombia, etc.)
Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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