Global EV Grease Market Growth 2025-2031

The global EV Grease market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

EV grease is a type of lubricating grease formulated for the specific requirements of electric vehicles. It is designed to provide effective lubrication and protection to critical components within the EV, such as bearings, gears, and other moving parts in the electric drivetrain.



Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.





LP Information, Inc. (LPI) ' newest research report, the “EV Grease Industry Forecast” looks at past sales and reviews total world EV Grease sales in 2024, providing a comprehensive analysis by region and market sector of projected EV Grease sales for 2025 through 2031. With EV Grease sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Grease industry.

This Insight Report provides a comprehensive analysis of the global EV Grease landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EV Grease portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EV Grease market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Grease and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Grease.

This report presents a comprehensive overview, market shares, and growth opportunities of EV Grease market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Electric Drive Motor Grease
Wheel Bearing Grease

Segmentation by Application:
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ExxonMobil
Castrol
Lubrizol
Shell
Cargill
LANXESS
TotalEnergies
Repsol
Gulf
Petronas
ZF Friedrichshafen AG
FUCHS
Q8Oils (Kuwait Petroleum)
ENEOS
Valvoline
PTT
Tongyi Petroleum Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global EV Grease market?

What factors are driving EV Grease market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do EV Grease market opportunities vary by end market size?

How does EV Grease break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver. Show more