Electric Vehicle (EV) Fluids Market Size, Share, By Product Type (Transmission Fluids, Engine Oil, Coolants, and Greases), By Fill Type (First Fill, and Service Fill), By Propulsion Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), and Plug-in Hybrid Electric Vehicle (PHEV)), By Vehicle Type (Passenger Vehicle, and Commercial Vehicle), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Global Demand for Electric Vehicles is increasing:

Growing demand for electric vehicles (EVs) due to rising fuel prices, pollution, and the need to lower harmful automotive emissions, among others, is driving the market for EV fluids. Therefore, as the demand for electric vehicles expands, the need for electric car fluids will increase since they control the temperature of the battery and power electronics while cooling the motor and gearbox system. As the number of electric vehicles produced rises, market demand is expected to climb even more.