China Electric Vehicle Fluids Market Overview, 2027

China Electric Vehicle Fluids Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

Electric vehicles require completely different engine fluids than traditional, burning engines. The products within the China electric vehicle fluids market also serve different purposes in electric vehicles. Furthermore, constantly rising demand for electric vehicles as well as increasing adoption of these vehicles in various developed economies are also driving the growth in the electric vehicle fluids market. Moreover, government initiatives aimed toward promoting the usage as well as adoption of electric vehicles are also expected to create various attractive opportunities for the players and manufacturers in the country's electric vehicle market in coming years. Various government organizations across the world have placed strict carbon emission mandates and standards. Within the coming years, these are also expected to fuel demand for electric vehicles and products in the electric vehicle fluids market. According to the research report "China Electric Vehicle Fluids Market Overview, 2027" published by Bonafide Research, the electrical vehicle fluids market is expected to grow significantly during the forecast period. The heat transfer fluid has been growing at a steady pace on account of high demand from consumers in the country. The BEV segment is predicted to grow at a significant rate during the forecast period due to changes in consumer preference. Electric vehicle fluid manufacturers have an immense opportunity across the world due to the increasing demand for electric vehicles. This is often primarily due to the rising cost of fuel, rising pollution levels, and also the declining price of batteries. In addition, the continual support of the government in terms of subsidies, taxes, and rebates is also supporting the demand for electric vehicles.

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There's an increasing demand for electric vehicles With the growing concern over tailpipe emissions and their harmful effects on the environment, stringent standards for CO2 and pollutants such as nitrogen oxide, unburned hydrocarbons, and particulates are put in place, leading to hybrid and full EVs no longer being seen as uncommon, but the quality for the future. Growth in electric vehicle production and sales drives the demand for electric vehicle fluids. Fluid is the main component of a vehicle that improves fuel economy and helps in reducing carbon footprints in vehicles. Electric vehicle fluids help remove excess heat from the engine motor and keep it cool. Hence, cool engines provide better fuel efficiency. Moreover, the utilization of fluids to reduce heat maximizes the life of vehicles. Thus, the utilization of electric vehicle fluids helps in providing durability to engines. With the improved performance of EVs, the utilization of exclusive lubricant products for these vehicles is an essential practice. EV fluids play a necessary role in power trains in boosting performance and driving experience. Compared with conventional engine lubricants, e-fluids cool e-motors and gears and provide insulation from electric current. They also extend the lifetime of every electric motor part and the mileage of EVs by improving machine efficiency. Current EVs are sold at high prices compared to traditional petrol and diesel vehicles. This price surplus can burden their market introduction. Current sales prices of EVs are still above similar conventional vehicles. This is mainly due to the expensive battery pack but also to the absence of economies of scale. The production costs of a vehicle can decrease when production figures increase from 10,000 to 500,000 units a year. Currently, PHEVs have even higher initial purchase costs due to the presence of a battery pack, a traditional internal combustion engine, and an electrical engine. On the other hand, PHEVs have the benefit of cost savings because of the downsizing of the conventional engine Vehicles depreciate over time. The loss important due to depreciation is the highest in the first years of the vehicle’s lifespan. Depreciation rates not only vary in keeping with the fuel or drive train, but they also vary in keeping with brand image, mileage, and vehicle class, among others. The carbon emissions of ICE vehicles are now treated as a major threat. Several countries have partnered with private companies to realize the sustainable development of EV charging infrastructure. Covid-19 The world has gone through a phase of unprecedented health crisis, economic, social, and political instability triggered by COVID-19. The China community is busy digesting a plethora of views on the immediate impact of COVID-19 on every type of sector. The market for fluids for EVs emerges as the new blue ocean. Considered in this report: Geography: China Base year: 2021 Estimated year: 2022 Forecast year: 2027

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Manmayi Raval

Manmayi Raval

Research Consultant

Aspects covered in this report China Electric Vehicle Fluids market with its value and forecast along with its segments Various drivers and challenges On-going trends and developments Top profiled companies Strategic recommendation By Vehicle Type: •Passenger Car •Light Commercial By Propulsion type: •BEV •PHEV

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Manmayi Raval

By charging type: •Slow •Fast By Vehicle Class: •Mid-priced •Luxury class The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Electric Vehicle Fluids Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Introduction
  • 2.1. Market Definition
  • 2.2. Market Scope & Segmentation
  • 2.3. Research Methodology
  • 3. China Macro Economic Indicators
  • 4. China Electric Vehicle Fluids Market Category Analysis
  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Opportunities
  • 4.5. Policies &Certification
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments - 2021
  • 5. China Electric Vehicle Fluids Market Trends
  • 6. China Electric Vehicle Fluids Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Product Type
  • 6.2.2. By Propulsion Type
  • 6.2.3. By Vehicle Type
  • 7. China Electric Vehicle Fluids Market Segmentations
  • 7.1. China Electric Vehicle Fluids Market, By Product Type
  • 7.1.1. China Electric Vehicle Fluids Market Size, By Grease, 2016 - 2027F
  • 7.1.2. China Electric Vehicle Fluids Market Size, By Brake Fluid, 2016 - 2027F
  • 7.1.3. China Electric Vehicle Fluids Market Size, By Heat Transfer Fluid, 2016 - 2027F
  • 7.1.4. China Electric Vehicle Fluids Market Size, By Drive System Fluid, 2016 - 2027F
  • 7.2. China Electric Vehicle Fluids Market, By Propulsion Type
  • 7.2.1. China Electric Vehicle Fluids Market Size, By BEV, 2016 - 2027F
  • 7.2.2. China Electric Vehicle Fluids Market Size, By PHEV, 2016 - 2027F
  • 7.2.3. China Electric Vehicle Fluids Market Size, By HEV, 2016 - 2027F
  • 7.3. China Electric Vehicle Fluids Market, By Vehicle Type
  • 7.3.1. China Electric Vehicle Fluids Market Size, By Passenger Vehicles, 2016 - 2027F
  • 7.3.2. China Electric Vehicle Fluids Market Size, By Commercial Vehicles, 2016 - 2027F
  • 8. China Electric Vehicle Fluids Market Opportunity Assessment
  • 8.1. By Product Type, 2022F to 2027F
  • 8.2. By Propulsion Type, 2022F to 2027F
  • 8.3. By Vehicle Type, 2022F to2027F
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1: China Electric Vehicle Fluids Market Size of Grease (2016 to2027F) in USD Million
Table 2: China Electric Vehicle Fluids Market Size of Brake Fluid (2016 to2027F) in USD Million
Table 3: China Electric Vehicle Fluids Market Size of Heat Transfer Fluid (2016 to2027F) in USD Million
Table 4: China Electric Vehicle Fluids Market Size of Drive System Fluid (2016 to2027F) in USD Million
Table 5: China Electric Vehicle Fluids Market Size of BEV (2016 to2027F) in USD Million
Table 6: China Electric Vehicle Fluids Market Size of PHEV (2016 to2027F) in USD Million
Table 7: China Electric Vehicle Fluids Market Size of HEV (2016 to2027F) in USD Million
Table 8: China Electric Vehicle Fluids Market Size of Passenger Vehicles (2016 to2027F) in USD Million
Table 9: China Electric Vehicle Fluids Market Size of Commercial Vehicles (2016 to2027F) in USD Million
Table 10: Key Facts of Company 1
Table 11: Key Facts of Company 2
Table 12: Key Facts of Company 3
Table 13: Key Facts of Company 4
Table 14: Key Facts of Company 5
Table 15: Key Facts of Company 6
Table 16: Key Facts of Company 7
Table 17: Key Facts of Company 8

List of Figures
Figure 1: China Electric Vehicle Fluids Market Size By Value 2016 to 2027F (In USD Million)
Figure 2: China Electric Vehicle Fluids Market Share By Product Type (2016, 2021&2027F)
Figure 3: China Electric Vehicle Fluids Market Share By Propulsion Type (2016, 2021& 2027F)
Figure 4: China Electric Vehicle Fluids Market Share By Vehicle Type (2016, 2021& 2027F)
Figure 5: Market Attractiveness Index, By Product Type
Figure 6: Market Attractiveness Index, By Propulsion Type
Figure 7: Market Attractiveness Index, By Vehicle Type
Figure8: Porter's Five Forces Meter of Electric Vehicle Fluids Industry in China
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China Electric Vehicle Fluids Market Overview, 2027

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