The global electric vehicle fluid lubricants market size reached approximately USD 1.54 Billion in 2025. The market is further projected to grow at a CAGR of 20.50% between 2026 and 2035, reaching a value of USD 9.94 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
20.5%
Value in USD Billion
2026-2035
*this image is indicative*
Electric vehicle fluid lubricants are formulated with the help of synthetics base oils, including esters and polyalphaolefins (PAOs). The high oxidative and thermal stability offered by the base oils makes them suitable for heavy loads in electric vehicle drivetrains and high temperatures.
“Electric Vehicle Fluid Lubricants Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Propulsion Type
Breakup by Vehicle Type
Breakup by Distribution Channel
Breakup by Region
Hybrid electric vehicles are anticipated to account for a significant electric vehicle fluid lubricants market share. The growing popularity of hybrid electric vehicles can be attributed to their ability to reduce carbon footprint and operational costs. These vehicles use electric vehicle fluid lubricants for maximising efficiency by providing sufficient protection and lubrication to the engine. The low viscosity of the fluids further supports smooth and efficient operations.
The growing requirement for electrical vehicles in Europe is boosting the electric vehicle fluid lubricants market demand. The increased utilisation of electric vehicle fluid lubricants in European countries can be attributed to the relatively higher prices of engine oils. The rising adoption of electric vehicles in Europe can also be attributed to various investments and government regulations, tax rebates, and subsidiaries, among others, propelling the requirement for electric vehicle flid lubricants.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Castrol Limited is one of the leading providers of high-performance lubricants for aerospace, automotive, marine, and industrial applications. The company also specialises in plant-based oils and premium metalworking fluids and is headquartered in Berkshire, United Kingdom.
TotalEnergies SE is an integrated petroleum and energy company that was founded in 1924 and is headquartered in Courbevoie, France. The company is dedicated towards making energy solutions more accessible, reliable, cleaner, and affordable.
Shell PLC is a chemical manufacturing company that was founded in 1907 and is headquartered in London, United Kingdom. The company has expertise in refining, exploration, marketing, and production of natural gas and oil.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other electric vehicle fluid lubricants market key players include Exxon Mobil Corporation, FUCHS SE, Valvoline Inc., Repsol S.A., Solvay SA, ENEOS Corporation, and Idemitsu Kosan Co., Ltd., among others.
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The market reached a value of approximately USD 1.54 Billion in 2025.
The market is projected to grow at a CAGR of 20.50% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 9.94 Billion by 2035.
The major market drivers include increasing efforts of various governments to reduce carbon dioxide emissions and rising adoption of electric vehicles due to increasing cost of fossil fuels.
The key trends fuelling the growth of the market include growing awareness about the various advantages associated with the utilisation of the electric vehicle fluid lubricants and increasing adoption of hybrid electric vehicles.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant propulsion types include battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle.
The key players in the market are Castrol Limited, TotalEnergies SE, Shell PLC, Exxon Mobil Corporation, FUCHS SE, Valvoline Inc., Repsol S.A., Solvay SA, ENEOS Corporation, and Idemitsu Kosan Co., Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Propulsion Type |
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| Breakup by Vehicle Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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