
U.S. Electric Vehicle Fluids Market - Industry Outlook & Forecast 2022-2027
Description
U.S. Electric Vehicle Fluids Market - Industry Outlook & Forecast 2022-2027
The U.S. electric vehicle fluids market is expected t grow at a CAGR of 24.58% during 2022-2027.
MARKET INSIGHTS
a) Electric Vehicle Fluids are lubricants for electric vehicles such as battery-powered or plug-in hybrids. These are formulated from high-quality synthetic base oils such as group IV and V.
b) EV fluids perform various functions, including lubricating the transmission system, stabilizing the battery's temperature, cooling electric motors and gears, and reducing friction. In addition, it als provides insulation from electric current while enhancing the battery life. Therefore, electric vehicle fluids are specifically formulated t meet a broad range of performance requirements for electric vehicles.
c) The U.S. is the 3rd largest EV market and is growing very fast. The market in the country increased significantly from a few thousand t around 315,000 EVs from 2018 t 2020, as per International Council on Clean Transportation (ICCT). In 2020, the share of electric cars in new vehicle sales was around 2.4%, an increase from about 2.0% in 2019. Government policies are vital in reducing consumer barriers related t the scarcity of appropriate EV models, higher upfront costs, range-related issues, and lack of awareness.
FACTORS T BE CONSIDERED WHILE FORMULATING EV FLUIDS:
Rebates, Grants, and Subsidies t Promote EVs
Electric vehicles being environment-friendly, federal & state governments across the states are adopting several initiatives in tax rebates, bonuses, and subsidies t boost EV sales. For instance, under the Clean Vehicle Rebate Program, Delaware state is offering rebates t the EV owners or one wh leases it. However, the number of rebates varies depending upon the type of EVs. For example, in the Delaware region, the reimbursement varies on customer purchases; USD 2,500 for a new BEV and up t USD 1,000 for a new PHEV.
Electric vehicles run on battery and electric motor due t which it does not emits any hydrocarbon particulate, or carbon dioxide, thus resulting in significant reductions in greenhouse gas emissions and air pollution. Thus, with the continuous support of the US government, the demand for electric vehicles is rising, leading t a significant need for electric vehicle fluid.
Following are some of the rebates, tax credits, and grants offered by the US state & federal governments:
Colorad offers a tax credit t all EV owners, including light-duty electric trucks, light-duty EVs, medium-duty electric trucks, and heavy-duty electric trucks.
In Connecticut, the Connecticut Hydrogen and Electric Automobile Purchase Rebate Program (CHEAPR) offers rebates and incentives t EV owners wh purchase or lease an electric vehicle from a licensed Connecticut automobile dealership.
In Florida, the Orland Utilities Commission (UCO) offers rebates of USD 200 t residential customers wh purchase or lease a new EV. However, t avail of this rebate, the customer needs t apply within six months of the purchase or lease of the EVs.
Increasing Demand for Optimising Electric Vehicle Fluids
The integration of sophisticated components in EVs, such as high use of copper metals, availability of wide-bandgap semiconductors, high-performance traction motors that are exposed t high temperature and heat, and increased use of plastics in bearing cages in place of metals is leading t high demand for optimized lubricating fluids by EV.
Original equipment manufacturers need t protect the vehicle’s critical components, such as coils, traction batteries, magnet wire insulation, and charging ports, from corrosion, high temperature, and breakdown of electrical components, thereby depending on electric vehicle fluids.
MARKET RESTRAINT
Shortage of Raw Material in the US Automotive Industry
Presently, the government electric vehicle segment is facing a shortage of semiconductor and lithium-ion batteries, but not t a great extent. After tw t three years, the industry is expected t witness a substantial demand-supply imbalance for lithium-ion batteries, a crucial component of the electric vehicle. This is primarily because of the rapid increase in demand for electric vehicles in the US market and limited lithium-ion battery production, which is insufficient t meet the escalating demand. However, electric vehicle OEMs are encouraging mineral producers in terms of long contracts t mitigate this issue in the long run.
SEGMENT ANALYSIS
The U.S. EV fluids market can be divided int four major segments: propulsion type, vehicle type, distribution channel, and product type.
By propulsion: The U.S. electric vehicle fluids oil market is divided int segments by propulsion, battery electric vehicles, and plug-in hybrid batteries. During the projection period, battery electric vehicle fluid anticipates dominating the market and experiencing faster growth, mainly driven by the increased demand for battery-powered electric vehicles. The production of electric automobiles gets support from government initiatives t minimize carbon emissions. Henceforth, electric vehicle fluids are used instead of engine oil or other lubricants for the smooth functioning of the battery vehicle and t ensure its long life.
Segmentation by Propulsion
For instance, the EPA and NHTSA suggested that the country implement the Safer Affordable Fuel-Efficient (SAFE) vehicles rule, which would g int effect between 2021 and 2026. This rule intends t establish minimum requirements for company average fuel efficiency and greenhouse gas emissions for both passenger and commercial vehicles, further fostering the growth of the U.S. electric fluids market.
Segmentation by Vehicle
Segmentation by Distribution
Segmentation by Product Type
The U.S. is a vital electric vehicle fluids market. The penetration of electric vehicle fluids is rising, and the market revenue has been increasing steadily. The country is a major hub for the consumption of electric vehicle fluid due t the strong demand from electric vehicle OEM manufacturers for high-quality lubricants driven by the rising demand for EVs in the U.S market.
The western U.S. is the country's largest electric vehicle fluids market. In West U.S., the demand for electric vehicle fluids majorly comes from the electric vehicle production unit. Tesla, Chevrolet, and Toyota Motor Corporation are some of the EV players operating in the US West region and consume a significant chunk of electric vehicle fluids and drive the growth of the U.S. electric fluids market.
California
Washington
Colorado
South
Texas
Kentucky
Northeast
New York
New Jersey
Midwest
Indiana
Michigan
Illinois
COMPETITIVE LANDSCAPE
The U.S. electric vehicle fluids market is experiencing an increase in competitiveness. Vendors may be adversely affected by the quickly evolving technical environment and the sustainability situation since customers anticipate constant improvements and innovations. Few companies dominate the industry and offer highly functional electric vehicle goods. Exxon Mobil Corporation, Phillips 66, GS Caltex, Idemitsu, and Valvoline are a few prominent players operating in the US electric vehicle fluids market.
Recent Developments in the U.S. Electric Vehicle Fluids Market:
The U.S. market is significant in the global electric vehicle fluid market. The electric vehicle market is n longer at a nascent stage; instead, it is booming. Primarily due t the rising fuel cost, rising pollution levels, and the declining price of batteries.
In addition, federal and state governments are implementing various policies t control the harmful emission from vehicles. Hence, OEMs prefer producing electric vehicles over internal combustion vehicles t meet that regulation. For instance, 15 states of the US and the District of Colombia have targeted t convert 30% of commercial HDVs (heavy-duty vehicles) t be ZEVs (zer emission vehicles) by 2030 and all HDVs vehicles by 2050.
KEY QUESTIONS ANSWERED:
1. What is the growth rate of the U.S. electric vehicle fluids market?
2. What factors influence the growth of the U.S. electric vehicle fluids market?
3. What is the U.S. electric vehicle fluids market share expected value by 2027?
4. What are the different product types in the U.S. electric vehicle fluid market?
5. Wh are the key vendors in the U.S. EV fluids market?
The U.S. electric vehicle fluids market is expected t grow at a CAGR of 24.58% during 2022-2027.
MARKET INSIGHTS
a) Electric Vehicle Fluids are lubricants for electric vehicles such as battery-powered or plug-in hybrids. These are formulated from high-quality synthetic base oils such as group IV and V.
b) EV fluids perform various functions, including lubricating the transmission system, stabilizing the battery's temperature, cooling electric motors and gears, and reducing friction. In addition, it als provides insulation from electric current while enhancing the battery life. Therefore, electric vehicle fluids are specifically formulated t meet a broad range of performance requirements for electric vehicles.
c) The U.S. is the 3rd largest EV market and is growing very fast. The market in the country increased significantly from a few thousand t around 315,000 EVs from 2018 t 2020, as per International Council on Clean Transportation (ICCT). In 2020, the share of electric cars in new vehicle sales was around 2.4%, an increase from about 2.0% in 2019. Government policies are vital in reducing consumer barriers related t the scarcity of appropriate EV models, higher upfront costs, range-related issues, and lack of awareness.
FACTORS T BE CONSIDERED WHILE FORMULATING EV FLUIDS:
- In the past, most EV OEMs used conventional lubricants t fulfill their requirement. However, most lubricant manufacturers have started providing EV-specific lubricants t most OEMs.
- Various categories and design differences in EVs t select appropriate lubricants.
- Fluids with lighter viscosities help maximize efficiency, anti-wear properties, and material compatibility with products such as adhesives, sealants, and others.
- Proper thermal management for battery systems in EVs
- The conductivity of the fluid relative t electric currents in EVs depends on the chemical additives and viscosity.
- Corrosion prevention in EVs as copper is used more than in conventional ICEs.
- Standards and regulations regarding the use and disposal of EV fluids in the United States.
Rebates, Grants, and Subsidies t Promote EVs
Electric vehicles being environment-friendly, federal & state governments across the states are adopting several initiatives in tax rebates, bonuses, and subsidies t boost EV sales. For instance, under the Clean Vehicle Rebate Program, Delaware state is offering rebates t the EV owners or one wh leases it. However, the number of rebates varies depending upon the type of EVs. For example, in the Delaware region, the reimbursement varies on customer purchases; USD 2,500 for a new BEV and up t USD 1,000 for a new PHEV.
Electric vehicles run on battery and electric motor due t which it does not emits any hydrocarbon particulate, or carbon dioxide, thus resulting in significant reductions in greenhouse gas emissions and air pollution. Thus, with the continuous support of the US government, the demand for electric vehicles is rising, leading t a significant need for electric vehicle fluid.
Following are some of the rebates, tax credits, and grants offered by the US state & federal governments:
Colorad offers a tax credit t all EV owners, including light-duty electric trucks, light-duty EVs, medium-duty electric trucks, and heavy-duty electric trucks.
In Connecticut, the Connecticut Hydrogen and Electric Automobile Purchase Rebate Program (CHEAPR) offers rebates and incentives t EV owners wh purchase or lease an electric vehicle from a licensed Connecticut automobile dealership.
In Florida, the Orland Utilities Commission (UCO) offers rebates of USD 200 t residential customers wh purchase or lease a new EV. However, t avail of this rebate, the customer needs t apply within six months of the purchase or lease of the EVs.
Increasing Demand for Optimising Electric Vehicle Fluids
The integration of sophisticated components in EVs, such as high use of copper metals, availability of wide-bandgap semiconductors, high-performance traction motors that are exposed t high temperature and heat, and increased use of plastics in bearing cages in place of metals is leading t high demand for optimized lubricating fluids by EV.
Original equipment manufacturers need t protect the vehicle’s critical components, such as coils, traction batteries, magnet wire insulation, and charging ports, from corrosion, high temperature, and breakdown of electrical components, thereby depending on electric vehicle fluids.
MARKET RESTRAINT
Shortage of Raw Material in the US Automotive Industry
Presently, the government electric vehicle segment is facing a shortage of semiconductor and lithium-ion batteries, but not t a great extent. After tw t three years, the industry is expected t witness a substantial demand-supply imbalance for lithium-ion batteries, a crucial component of the electric vehicle. This is primarily because of the rapid increase in demand for electric vehicles in the US market and limited lithium-ion battery production, which is insufficient t meet the escalating demand. However, electric vehicle OEMs are encouraging mineral producers in terms of long contracts t mitigate this issue in the long run.
SEGMENT ANALYSIS
The U.S. EV fluids market can be divided int four major segments: propulsion type, vehicle type, distribution channel, and product type.
By propulsion: The U.S. electric vehicle fluids oil market is divided int segments by propulsion, battery electric vehicles, and plug-in hybrid batteries. During the projection period, battery electric vehicle fluid anticipates dominating the market and experiencing faster growth, mainly driven by the increased demand for battery-powered electric vehicles. The production of electric automobiles gets support from government initiatives t minimize carbon emissions. Henceforth, electric vehicle fluids are used instead of engine oil or other lubricants for the smooth functioning of the battery vehicle and t ensure its long life.
Segmentation by Propulsion
- Battery EV
- Plug-in Hybrid EV
For instance, the EPA and NHTSA suggested that the country implement the Safer Affordable Fuel-Efficient (SAFE) vehicles rule, which would g int effect between 2021 and 2026. This rule intends t establish minimum requirements for company average fuel efficiency and greenhouse gas emissions for both passenger and commercial vehicles, further fostering the growth of the U.S. electric fluids market.
Segmentation by Vehicle
- Commercial EV
- Passenger EV
- Others
Segmentation by Distribution
- OEMs
- Aftermarket
Segmentation by Product Type
- Heat Transfer Fluid
- Grease
- Transmission Fluid
- Brake Fluid
The U.S. is a vital electric vehicle fluids market. The penetration of electric vehicle fluids is rising, and the market revenue has been increasing steadily. The country is a major hub for the consumption of electric vehicle fluid due t the strong demand from electric vehicle OEM manufacturers for high-quality lubricants driven by the rising demand for EVs in the U.S market.
The western U.S. is the country's largest electric vehicle fluids market. In West U.S., the demand for electric vehicle fluids majorly comes from the electric vehicle production unit. Tesla, Chevrolet, and Toyota Motor Corporation are some of the EV players operating in the US West region and consume a significant chunk of electric vehicle fluids and drive the growth of the U.S. electric fluids market.
- The U.S.
California
Washington
Colorado
South
Texas
Kentucky
Northeast
New York
New Jersey
Midwest
Indiana
Michigan
Illinois
COMPETITIVE LANDSCAPE
The U.S. electric vehicle fluids market is experiencing an increase in competitiveness. Vendors may be adversely affected by the quickly evolving technical environment and the sustainability situation since customers anticipate constant improvements and innovations. Few companies dominate the industry and offer highly functional electric vehicle goods. Exxon Mobil Corporation, Phillips 66, GS Caltex, Idemitsu, and Valvoline are a few prominent players operating in the US electric vehicle fluids market.
Recent Developments in the U.S. Electric Vehicle Fluids Market:
- In 2019, Exxon Mobil launched Mobil EV, a new fluid for electric vehicles.
- In March 2021, Phillips 66 launched an e-Shield product line for electric vehicles. It is a new product line, including coolants, grease, and system fluid.
- GS Caltex announced the launch of the Kixx EV lubricant for electric vehicles in June 2021. It offers a line of products, including E-Thermal fluid and E-Transmission fluids, that intend t improve the performance of electric vehicles and safeguard vital parts.
- Exxon Mobil Corporation
- Valvoline
- GS Caltex
- Phillips 66
- TotalEnergies
- Fuchs
- Shell
- Castrol
- Kluber Lubrication
- 3M
- Idemitsu Kosan Co., Ltd
The U.S. market is significant in the global electric vehicle fluid market. The electric vehicle market is n longer at a nascent stage; instead, it is booming. Primarily due t the rising fuel cost, rising pollution levels, and the declining price of batteries.
In addition, federal and state governments are implementing various policies t control the harmful emission from vehicles. Hence, OEMs prefer producing electric vehicles over internal combustion vehicles t meet that regulation. For instance, 15 states of the US and the District of Colombia have targeted t convert 30% of commercial HDVs (heavy-duty vehicles) t be ZEVs (zer emission vehicles) by 2030 and all HDVs vehicles by 2050.
KEY QUESTIONS ANSWERED:
1. What is the growth rate of the U.S. electric vehicle fluids market?
2. What factors influence the growth of the U.S. electric vehicle fluids market?
3. What is the U.S. electric vehicle fluids market share expected value by 2027?
4. What are the different product types in the U.S. electric vehicle fluid market?
5. Wh are the key vendors in the U.S. EV fluids market?
Table of Contents
213 Pages
- 1 RESEARCH METHODOLOGY
- 2 RESEARCH OBJECTIVES
- 3 RESEARCH PROCESS
- 4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
- 5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
- 6 PREMIUM INSIGHTS
- 6.1 US ELECTRIC VEHICLE FLUID MARKET (2021-2027)
- 6.2 SYNOPSIS
- 6.2.1 MARKET TREND
- 6.2.2 SEGMENT REVIEW
- 6.2.3 COMPETITIVE LANDSCAPE
- 7 MARKET AT A GLANCE
- 8 INTRODUCTION
- 8.1 OVERVIEW
- 8.1.1 ADDITIVES
- 8.1.2 CRITERIA TO CONSIDER FOR SELECTING ELECTRIC VEHICLE LUBRICANT
- 8.2 US- ECONOMIC & DEMOGRAPHICAL ANALYSIS
- 8.2.1 POPULATION
- 8.2.2 INCOME
- 8.3 DELECTRIC VEHICLE INSIGHTS
- 8.3.1 UPCOMING INVESTMENT FOR EVS AND ITS RELATED COMPONENTS IN US
- 8.3.2 AUTOMOTIVE EMISSIONS IN THE US
- 8.4 IMPACT OF COVID-19
- 9 MARKET OPPORTUNITIES & TRENDS
- 9.1 ESCALATING DEMAND FOR EVS IN US
- 9.2 HIGH DISPOSABLE INCOME AUGMENTING DEMAND
- 9.3 INCREASING DEMAND FOR OPTIMISING ELECTRIC VEHICLE FLUIDS
- 10 MARKET GROWTH ENABLERS
- 10.1 REBATES, GRANTS, & SUBSIDIES TO PROMOTE EVS
- 10.1.1 ALASKA
- 10.1.2 COLORADO
- 10.1.3 CONNECTICUT
- 10.1.4 DELAWARE
- 10.1.5 FLORIDA
- 10.1.6 CALIFORNIA
- 10.2 RISING DEMAND FOR EV BATTERY COOLING FLUID
- 10.3 REDUCE DEPENDENCY ON FOSSIL FUELS AND CARBON FOOTPRINT
- 11 MARKET RESTRAINTS
- 11.1 SHORTAGE OF RAW MATERIALS IN US AUTOMOTIVE INDUSTRY
- 11.2 LACK OF ADEQUATE PUBLIC CHARGING STATIONS
- 12 MARKET LANDSCAPE
- 12.1 MARKET OVERVIEW
- 12.2 MARKET SIZE & FORECAST
- 12.3 PENETRATION OF EV FLUID BY REGION
- 12.3.1 WEST
- 12.3.2 SOUTH
- 12.3.3 NORTHEAST
- 12.3.4 MIDWEST
- 12.4 FIVE FORCES ANALYSIS
- 12.4.1 THREAT OF NEW ENTRANTS
- 12.4.2 BARGAINING POWER OF SUPPLIERS
- 12.4.3 BARGAINING POWER OF BUYERS
- 12.4.4 THREAT OF SUBSTITUTES
- 12.4.5 COMPETITIVE RIVALRY
- 13 PROPULSION TYPE
- 13.1 MARKET SNAPSHOT & GROWTH ENGINE
- 13.2 MARKET OVERVIEW
- 13.3 BATTERY EV
- 13.3.1 MARKET OVERVIEW
- 13.3.2 MARKET SIZE & FORECAST
- 13.3.3 MARKET BY GEOGRAPHY
- 13.4 PLUG-IN HYBRID EV
- 13.4.1 MARKET OVERVIEW
- 13.4.2 MARKET SIZE & FORECAST
- 13.4.3 MARKET BY GEOGRAPHY
- 14 DISTRIBUTION CHANNEL
- 14.1 MARKET SNAPSHOT & GROWTH ENGINE
- 14.2 MARKET OVERVIEW
- 14.3 OEMS
- 14.3.1 MARKET OVERVIEW
- 14.3.2 MARKET SIZE & FORECAST
- 14.3.3 MARKET BY GEOGRAPHY
- 14.4 AFTERMARKET
- 14.4.1 MARKET OVERVIEW
- 14.4.2 MARKET SIZE & FORECAST
- 14.4.3 MARKET BY GEOGRAPHY
- 15 PRODUCT TYPE
- 15.1 MARKET SNAPSHOT & GROWTH ENGINE
- 15.2 OVERVIEW
- 15.3 HEAT TRANSFER FLUID
- 15.3.1 MARKET OVERVIEW
- 15.3.2 MARKET SIZE & FORECAST
- 15.3.3 MARKET BY GEOGRAPHY
- 15.4 GREASE
- 15.4.1 MARKET OVERVIEW
- 15.4.2 MARKET SIZE & FORECAST
- 15.4.3 MARKET BY GEOGRAPHY
- 15.6 TRANSMISSION FLUID
- 15.6.1 MARKET OVERVIEW
- 15.6.2 MARKET SIZE & FORECAST
- 15.6.3 MARKET BY GEOGRAPHY
- 15.7 BRAKE FLUID
- 15.7.1 MARKET OVERVIEW
- 15.7.2 MARKET SIZE & FORECAST
- 15.7.3 MARKET BY GEOGRAPHY
- 16 VEHICLE TYPE
- 16.1 MARKET SNAPSHOT & GROWTH ENGINE
- 16.2 MARKET OVERVIEW
- 16.3 PASSENGER EV
- 16.3.1 MARKET OVERVIEW
- 16.3.2 MARKET SIZE & FORECAST
- 16.3.3 MARKET BY GEOGRAPHY
- 16.4 COMMERCIAL EV
- 16.4.1 MARKET OVERVIEW
- 16.4.2 MARKET SIZE & FORECAST
- 16.4.3 MARKET BY GEOGRAPHY
- 16.5 OTHERS
- 16.5.1 MARKET OVERVIEW
- 16.5.2 MARKET SIZE & FORECAST
- 16.5.3 MARKET BY GEOGRAPHY
- 17 GEOGRAPHY
- 17.1 MARKET SNAPSHOT & GROWTH ENGINE
- 17.2 REGION OVERVIEW
- 18 WEST
- 18.1 MARKET OVERVIEW
- 18.1.1 CALIFORNIA
- 18.1.2 WASHINGTON
- 18.1.3 COLORADO
- 18.2 MARKET SIZE & FORECAST
- 18.3 PROPULSION TYPE
- 18.3.1 MARKET SIZE & FORECAST
- 18.4 PRODUCT TYPE
- 18.4.1 MARKET SIZE & FORECAST
- 18.5 VEHICLE TYPE
- 18.5.1 MARKET SIZE & FORECAST
- 18.6 DISTRIBUTION CHANNEL
- 18.6.1 MARKET SIZE & FORECAST
- 19 MIDWEST
- 19.1 MARKET OVERVIEW
- 19.1.1 INDIANA
- 19.1.2 MICHIGAN
- 19.1.3 ILLINOIS
- 19.2 MARKET SIZE & FORECAST
- 19.3 PROPULSION TYPE
- 19.3.1 MARKET SIZE & FORECAST
- 19.4 PRODUCT TYPE
- 19.4.1 MARKET SIZE & FORECAST
- 19.5 VEHICLE TYPE
- 19.5.1 MARKET SIZE & FORECAST
- 19.6 DISTRIBUTION CHANNEL
- 19.6.1 MARKET SIZE & FORECAST
- 20 NORTHEAST
- 20.1 MARKET OVERVIEW
- 20.1.1 NEW YORK
- 20.1.2 NEW JERSEY
- 20.2 MARKET SIZE & FORECAST
- 20.3 PROPULSION TYPE
- 20.3.1 MARKET SIZE & FORECAST
- 20.4 PRODUCT TYPE
- 20.4.1 MARKET SIZE & FORECAST
- 20.5 VEHICLE TYPE
- 20.5.1 MARKET SIZE & FORECAST
- 20.6 DISTRIBUTION CHANNEL
- 20.6.1 MARKET SIZE & FORECAST
- 21 SOUTH
- 21.1 MARKET OVERVIEW
- 21.1.1 TEXAS
- 21.1.2 KENTUCKY
- 21.2 MARKET SIZE & FORECAST
- 21.3 PROPULSION TYPE
- 21.3.1 MARKET SIZE & FORECAST
- 21.4 PRODUCT TYPE
- 21.4.1 MARKET SIZE & FORECAST
- 21.5 VEHICLE TYPE
- 21.5.1 MARKET SIZE & FORECAST
- 21.6 DISTRIBUTION CHANNEL
- 21.6.1 MARKET SIZE & FORECAST
- 22 COMPETITIVE LANDSCAPE
- 22.1 COMPETITION OVERVIEW
- 22.1.1 RECENT DEVELOPMENTS
- 23 KEY COMPANY PROFILES
- 23.1 EXXON MOBIL CORPORATION
- 23.1.1 BUSINESS OVERVIEW
- 23.1.2 EXXON MOBIL CORPORATION IN ELECTRIC VEHICLE FLUID MARKET
- 23.1.3 PRODUCT OFFERINGS
- 23.1.4 KEY STRATEGIES
- 23.1.5 KEY STRENGTHS
- 23.1.6 KEY OPPORTUNITIES
- 23.2 VALVOLINE
- 23.2.1 BUSINESS OVERVIEW
- 23.2.2 VALVOLINE IN ELECTRIC VEHICLE FLUID MARKET
- 23.2.3 PRODUCT OFFERINGS
- 23.2.4 KEY STRATEGIES
- 23.2.5 KEY STRENGTHS
- 23.2.6 KEY OPPORTUNITIES
- 23.3 GS CALTEX
- 23.3.1 BUSINESS OVERVIEW
- 23.3.2 GS CALTEX IN ELECTRIC VEHICLE FLUID MARKET
- 23.3.3 PRODUCT OFFERINGS
- 23.3.4 KEY STRATEGIES
- 23.3.5 KEY STRENGTHS
- 23.3.6 KEY OPPORTUNITIES
- 24 OTHER PROMINENT VENDORS
- 24.1 PHILLIPS 66
- 24.1.1 BUSINESS OVERVIEW
- 24.1.2 PRODUCT OFFERINGS
- 24.2 TOTALENERGIES
- 24.2.1 BUSINESS OVERVIEW
- 24.2.2 PRODUCT OFFERINGS
- 24.3 FUCHS
- 24.3.1 BUSINESS OVERVIEW
- 24.3.2 PRODUCT OFFERINGS
- 24.4 SHELL
- 24.4.1 BUSINESS OVERVIEW
- 24.4.2 PRODUCT OFFERINGS
- 24.5 CASTROL
- 24.5.1 BUSINESS OVERVIEW
- 24.5.2 PRODUCT OFFERINGS
- 24.6 KLUBER LUBRICATION
- 24.6.1 BUSINESS OVERVIEW
- 24.6.2 PRODUCT OFFERINGS
- 24.7 3M
- 24.7.1 BUSINESS OVERVIEW
- 24.7.2 PRODUCT OFFERINGS
- 24.8 IDEMITSU KOSAN CO.,LTD.
- 24.8.1 BUSINESS OVERVIEW
- 24.8.2 PRODUCT OFFERINGS
- 25 REPORT SUMMARY
- 25.1 KEY TAKEAWAYS
- 25.2 STRATEGIC RECOMMENDATIONS
- 26 QUANTITATIVE SUMMARY
- 26.1 MARKET BY PROPULSION TYPE
- 26.1.1 BATTERY EV
- 26.1.2 PLUG-IN HYBRID EV
- 26.2 MARKET BY DISTRIBUTION CHANNEL
- 26.2.1 OEMS
- 26.2.2 AFTERMARKET
- 26.3 MARKET BY PRODUCT TYPE
- 26.3.1 HEAT TRANSFER FLUID
- 26.3.2 GREASE
- 26.3.3 BRAKE FLUID
- 26.3.4 TRANSMISSION FLUID
- 26.4 MARKET BY VEHICLE TYPE
- 26.4.1 COMMERCIAL EV
- 26.4.2 PASSENGER EV
- 26.4.3 OTHERS
- 27 REGION
- 27.1 WEST
- 27.1.1 PROPULSION TYPE
- 27.1.2 PRODUCT TYPE
- 27.1.3 VEHICLE TYPE
- 27.1.4 DISTRIBUTION CHANNEL
- 27.2 NORTHEAST
- 27.2.1 PROPULSION TYPE
- 27.2.2 PRODUCT TYPE
- 27.2.3 VEHICLE TYPE
- 27.2.4 DISTRIBUTION CHANNEL
- 27.3 MIDWEST
- 27.3.1 PROPULSION TYPE
- 27.3.2 PRODUCT TYPE
- 27.3.3 VEHICLE TYPE
- 27.3.4 DISTRIBUTION CHANNEL
- 27.4 SOUTH
- 27.4.1 PROPULSION TYPE
- 27.4.2 PRODUCT TYPE
- 27.4.3 VEHICLE TYPE
- 27.4.4 DISTRIBUTION CHANNEL
- 28 APPENDIX
- 28.1 ABBREVIATIONS
Pricing
Currency Rates
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