Electric Vehicle Fluids Market Players:
- Castrol
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Exxon Mobil Corporation
- BP Plc
- Shell Plc
- FUCHS
- TotalEnergies
- Petroliam Nasional Berhad (PETRONAS)
- Saudi Arabian Oil Co.
- Repsol ENEOS Corp.
- Gulf Oil International Ltd.
The electric vehicle fluids market is dominated by key players like Castrol, Valvoline, Shell, and TotalEnergies, all investing heavily in specialized formulations for EV thermal management. These companies are leveraging strategic partnerships with automakers and launching EV-specific product lines to strengthen their market presence.
Here are some leading players in the electric vehicle fluids market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of electric vehicle fluids is estimated at USD 1.58 billion.
The global electric vehicle fluids market size was around USD 1.24 billion in 2025 and is likely to expand at a CAGR of more than 30.6%, surpassing USD 17.9 billion revenue by 2035.
Asia Pacific electric vehicle fluids market will hold around 48% share by 2035, driven by electrification policies, expanding EV manufacturing base, and demand for thermal management solutions in hot climates, especially in Southeast Asia.
Key players in the market include Exxon Mobil Corporation, BP Plc, Shell Plc, FUCHS, TotalEnergies, Petroliam Nasional Berhad (PETRONAS), Saudi Arabian Oil Co.