The Global Electric Vehicle Fluids and Lubricants Market research study published by Emergen research is an extensive collection of insightful information about the Electric Vehicle Fluids and Lubricants industry. The report covers the Electric Vehicle Fluids and Lubricants Market segmentation along with a detailed outline of the Electric Vehicle Fluids and Lubricants market size with regards to volume and valuation. The report provides comprehensive coverage of the Electric Vehicle Fluids and Lubricants market scenario for the current period and forecast timeline of 2020-2027. The Electric Vehicle Fluids and Lubricants market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
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Some Key Highlights in the Report
- 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.
- Increasing adoption of BEVs globally is expected to drive revenue growth of the battery electric vehicles segment during the forecast period.
- Factors such as increasing adoption of electric vehicles due to stringent regulations implemented by government in countries in North America to reduce carbon emissions, adopt more environment-friendly and renewable energy resources and vehicles, and rising focus on reducing dependence on fossil fuels among others, are driving growth of the market in the region.
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Regional Analysis:
The report sheds light on the region expected to dominate the Electric Vehicle Fluids and Lubricants market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Electric Vehicle Fluids and Lubricants market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region. Some major companies operating in the global market include Kerry Group, BASF SE, Cargill Inc., Evonik Industries AG, Clariant AG, AkzoNobel NV, Ingredion Inc., Solvay SA, Archer Daniels Midland Company, and Royal DSM.
Market Dynamics:
The report offers insightful information about the market dynamics of the Electric Vehicle Fluids and Lubricants market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Electric Vehicle Fluids and Lubricants market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Electric Vehicle Fluids and Lubricants market.
Emergen Research has segmented the global electric vehicle fluids and lubricants market on the basis of product type, distribution channel, propulsion type, and region:
- 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)
- Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- France
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America