Global EV Grease Supply, Demand and Key Producers, 2023-2029
The global EV Grease market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
EV grease is a type of lubricating grease formulated for the specific requirements of electric vehicles. It is designed to provide effective lubrication and protection to critical components within the EV, such as bearings, gears, and other moving parts in the electric drivetrain.
This report studies the global EV Grease production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for EV Grease, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of EV Grease that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global EV Grease total production and demand, 2018-2029, (Tons)
Global EV Grease total production value, 2018-2029, (USD Million)
Global EV Grease production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global EV Grease consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: EV Grease domestic production, consumption, key domestic manufacturers and share
Global EV Grease production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global EV Grease production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global EV Grease production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).
This reports profiles key players in the global EV Grease market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ExxonMobil, Castrol, Lubrizol, Shell, Cargill, LANXESS, TotalEnergies, Repsol and Gulf, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World EV Grease market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global EV Grease Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global EV Grease Market, Segmentation by Type
Electric Drive Motor Grease
Wheel Bearing Grease
Global EV Grease Market, Segmentation by Application
BEV
PHEV
Companies Profiled:
ExxonMobil
Castrol
Lubrizol
Shell
Cargill
LANXESS
TotalEnergies
Repsol
Gulf
Petronas
ZF Friedrichshafen AG
FUCHS
Q8Oils (Kuwait Petroleum)
ENEOS
Valvoline
PTT
Tongyi Petroleum Chemical
Key Questions Answered
1. How big is the global EV Grease market?
2. What is the demand of the global EV Grease market?
3. What is the year over year growth of the global EV Grease market?
4. What is the production and production value of the global EV Grease market?
5. Who are the key producers in the global EV Grease market?