Report cover image

North America Electric Vehicle (EV) Fluids Market

Published Jul 01, 2025
Length 163 Pages
SKU # PRMI20695519

Description

North America Electric Vehicle (EV) Fluids Market Size, Share, By Product (Engine Oil, Coolant, Transmission Fluid, Greases, and Others), Propulsion Type [(Battery Electric Vehicle (BEV’s) and Hybrid Electric Vehicle (HEV’s)/ Plug-in Hybrid Electric Vehicle (PHEV’s)], Application (Drivetrain System, Battery Cooling & Heating, Brake System, Power Steering System, and Others), Distribution Channel [(OEMs (Original Equipment Manufacturers), Aftermarket)], and by Country- Trends, Analysis, and Forecast till 2035

The North America Electric Vehicle (EV) Fluids Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Electric vehicle (EV) fluids consist of specifically developed liquids which function to enhance the performance and safety of different vehicle parts while maximizing efficiency and extending their lifespan. The unique fluid requirements of electric vehicles stem from their electric powertrains combined with high-voltage systems and thermal management needs which differ from conventional internal combustion engine (ICE) vehicles. Top of Form.

Report Highlights:
  • North America electric vehicle (EV) fluids market size is accounted for USD 0.6 Billion in 2025.
  • North America electric vehicle fluids (EV) market size is estimated to be valuated at USD 7.0 Billion by 2035 and at a registered CAGR of 28.01 %.
  • Coolants have emerged as the dominant product segment in the North America electric vehicle market share.
  • Battery electric vehicle (BEV’s) represent the dominant type of propulsion that runs demand in the EV fluid market.
  • Battery cooling and heating application are the dominant segment in the North America electric vehicle market share.
  • OEMs (original equipment manufacturers) represent the dominant distribution channel in the North America electric vehicle (EV) fluids market size.
Key Highlights:
  • In July 2025, Total Energies Marketing Canada launched this advanced synthetic EV fluid, and became the first major supplier in Canada which is TotalEnergies Quartz EV?Drive?R 3.1 to offer such a product that is specially tailored for electrical drive systems.
  • In October 2024, Prestone products introduced three new cooling agents with low fitness for electrified vehicles (including GVs, PHEVs and hydrogen fuel cell cars) on Battery Show Detroit. These fluids are designed to improve safety by reducing thermal running risk and preventing corrosion in high voltage power electronics.
Report Analysis:

Effect of Polymers on the Electrical Properties of Lubricants for EVs:

One of the key areas specified in the SAE J3200 ‘Fluid for Automotive Electrified Drivetrains’ standard is the electric properties of the fluid. It will become important for formulators to know how different types of additives might affect a fluid’s conductivity, dissipation factor, and/or dielectric breakdown voltage. Optimal performance in terms of electrical properties will likely not involve maximizing or minimizing any of these properties, but operating in a moderate range to both prevent static build-up (where sudden releases lead to pitting in bearings, or where fires might occur in extreme cases) and current shorting to unwanted areas or components.

Segmentation:

By Product:
  • Engine Oil
  • Coolant
  • Transmission Fluid
  • Greases
  • Others
By Propulsion Type:
  • Battery Electric Vehicle (BEV’s)
  • Hybrid Electric Vehicle (HEV’s)/ Plug-in Hybrid Electric Vehicle (PHEV’s)
By Application:
  • Drivetrain System
  • Battery Cooling & Heating
  • Brake System
  • Power Steering System
  • Others
By Distribution Channel:
  • OEMs (Original Equipment Manufacturers)
  • Aftermarket
By Country:
  • U.S.
  • Canada
North America Electric Vehicle (EV) Fluids Market Companies:

Afton Chemical

BP p.l.c.

Castrol Limited

ENEOS Corporation

EXXON MOBIL CORPORATION

FUCHS

Gulf Oil International Ltd

PETROLIAM NASIONAL BERHAD (PETRONAS)

Repsol

Shell plc

TETRA Technologies, Inc.

TotalEnergies

Valvoline Global Operations

Wakefield Canada, Inc.

What You’ll Gain from This Report:
  • Pinpoint Lucrative Opportunities: Access granular analysis of regional and country-level markets, identifying underserved segments and optimal areas for investment and expansion.
  • Navigate Market Entry with Confidence: Leverage expert frameworks to sidestep common pitfalls, accelerate your market penetration, and build a sustainable competitive advantage from day one.
  • Future-Proof Your Investments: Base your long-term plans on robust, data-validated forecasts through 2035, with clear strategic checkpoints for 2025, 2026, and 2030.
  • Decode the Competitive Landscape: Gain an unobstructed view of your rivals' playbooks, from their core strategies to their latest moves, allowing you to anticipate shifts and seize the initiative.
  • Optimize for Profitability and Growth: Implement proven, segment-specific strategies designed to enhance operational efficiency, capture market share, and drive your bottom line.
  • Harness Supply Chain Innovation: Discover how cutting-edge technologies are redefining logistics and procurement, creating new opportunities for cost reduction and value creation.
FAQs:

Key Questions Answered in the Report.

1. What was the North America Electric Vehicle (EV) Fluids Market size in 2025?

2. What is projected growth rate of the North America Electric Vehicle (EV) Fluids Market during 2025-2035?

3. What are the key factors driving the North America Electric Vehicle (EV) Fluids Market growth?

4. What are leading players in the North America Electric Vehicle (EV) Fluids Market?

5. What are the key regions analyzed in the North America Electric Vehicle (EV) Fluids Market?

6. Which region is dominating in the North America Electric Vehicle (EV) Fluids Market?

Table of Contents

163 Pages
North America Electric Vehicle Ev Fluids Table of Contents
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product
Market Snippet, By Propulsion Type
Market Snippet, By Application
Market Snippet, By Distribution Channel
Market Snippet, By Country
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Eco-Friendly Formulations
Raw Material Sourcing
Thermal Management
Market Segmentation, By Product, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Engine Oil
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Coolant
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Transmission Fluid
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Greases
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Propulsion Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Battery Electric Vehicle (BEV’s)
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Hybrid Electric Vehicle (HEV’s)/ Plug-in Hybrid Electric Vehicle (PHEV’s)
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Drivetrain System
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Battery Cooling & Heating
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Brake System
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Power Steering System
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
OEMs (Original Equipment Manufacturers)
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Aftermarket
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Country, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.