Press release
Electric Vehicle Fluids Market 2023 : By Size, Share, Growth And Top Companies | Castrol Limited, ExxonMobil Corporation, FUCHS Lubricants, Lubrizol Corporation, Petronas Nasional Bhd.
Electric Vehicle Fluids Market Trends
As per the Electric Vehicle Fluids market report by The Business Research Company, An increase in demand for electric vehicles is expected to propel the growth of the electric vehicle fluids market. An electric vehicle (EV) is a vehicle that runs entirely or partially on electricity and stores the electrical energy that drives the motor in a battery pack.
The global electric vehicle fluids market size grew from $1.33 billion in 2022 to $1.7 billion in 2023 at a compound annual growth rate (CAGR) of 27.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric vehicle fluids market size is expected to grow to $4.57 billion in 2027 at a CAGR of 28.0%.
Read More On The Electric Vehicle Fluids Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-fluids-global-market-report
Major competitors in the Electric Vehicle Fluids market include Castrol Limited, ExxonMobil Corporation, FUCHS Lubricants, Lubrizol Corporation, Petronas Nasional Bhd., Royal Dutch Shell plc., Gulf Oil, BP plc., ENEOS Corporation, PTT Public Company Limited, Repsol S.A., TotalEnergies SE, Valvoline Inc., and Shell.
The Electric Vehicle Fluids market is segmented -
By Product Type: Engine Oil, Coolants, Transmission Fluids, and Greases
By Vehicle Type: Passenger Vehicle, Commercial Vehicle
By EV Type: BEV, PHEV, or HEV
By Application: Driveline, Battery Coolant, Grease
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Electric Vehicle Fluids market.
Request A Free Sample Of The Electric Vehicle Fluids Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-fluids-global-market-report
The electric vehicle fluids aid in the reduction of energy losses in the drivetrain system and the enhancement of EV transmission efficiency. Electric vehicle fluids offer insulation to stop any arcing due to close contact with the electrical components of the vehicle. They help in cooling e-motors and gears and provide insulation for electric current, along with extending the lifetime of each electric motor part and the mileage of EVs by improving machine efficiency.
The Table Of Content For The Electric Vehicle Fluids Market Include:
1. Executive Summary
2. Electric Vehicle Fluids Market Characteristics
3. Electric Vehicle Fluids Market Trends And Strategies
4. Electric Vehicle Fluids Market - Macro Economic Scenario
5. Electric Vehicle Fluids Market Size And Growth
……
26. Africa Electric Vehicle Fluids Market
27. Electric Vehicle Fluids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Vehicle Fluids Market
29. Electric Vehicle Fluids Market Future Outlook and Potential Analysis
30. Appendix
The "Global Electric Vehicle Fluids Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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