The North America electric vehicle fluids market size reached approximately USD 467.52 Million in 2025. The market is further projected to grow at a CAGR of 21.80% between 2026 and 2035, reaching a value of USD 3359.49 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
21.8%
Value in USD Million
2026-2035
*this image is indicative*
Electric vehicle fluids responsible for cooling transmission systems and powertrains and stabilising the temperature of power and battery electronics. These fluids are also responsible for providing protection in case of flaring, which is usually caused when the EV components come in close contact.
The EMR’s report titled “North America Electric Vehicle Fluids Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Propulsion Type
Market Breakup by Vehicle Type
Market Breakup by Fill Type
Market Breakup by Product Type
Market Breakup by Region
Hybrid electric vehicles are anticipated to account for a North America electric vehicle fluids market share. Hybrid vehicles achieve higher fuel economy by combining rechargeable battery with a conventional engine, the rising concerns about energy security and climate change are bolstering the adoption of hybrid vehicles across North America. This increased adoption is propelling the demand for electric vehicle fluids as they enhance durability, minimise friction, boost performance, and increase efficiency of hybrid vehicles.
The United States is anticipated to witness significant growth in the coming years. This growth can be attributed to the strong presence of various key market players including Valvoline Inc. and Exxon Mobil Corp, among others in the country. The expansion of electric vehicles manufacturing startups in the country is further boosting the North America electric vehicle fluids market demand. These fluids allow the transmission system and engine to cool down, while maintain the temperature of power and battery electronics.
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.
Shell Plc, headquartered in London, United Kingdom, is an oil and gas company that is dedicated towards providing clean energy solutions to their customers. The company’s product portfolio includes LNG, lubricants, electric vehicle fluids, and natural gas, among others.
TotalEnergies SE is an oil and gas company that is dedicated towards the production of green gases and natural gas and oils and biofuels, among others. The company was founded in 1924 and is headquartered in Courbevoie, France.
Valvoline Inc. is involved in the production of preventive vehicle maintenance products including electric vehicle fluids, additives, lubricants, and automotive oils, among others. The company was founded in 1866 and is headquartered in Kentucky, United States.
*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 North America electric vehicle fluids market key players include Exxon Mobil Corp., Castrol Ltd., Petroliam Nasional Berhad (PETRONAS), ENEOS Holdings, Inc., Afton Chemical, Repsol, S.A., and Gulf Oil International Limited, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 467.52 Million in 2025.
The market is projected to grow at a CAGR of 21.80% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 3359.49 Million by 2035.
The major market drivers include rising adoption of electric vehicles and growing investments towards vehicle maintenance.
The key trends fuelling the growth of the market include rising product demand due to increasing production of next generation electric vehicles and increasing adoption of battery electric vehicles.
The major countries in the market are the United States of America and Canada.
The significant propulsion types include battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle.
The key players in the market are Shell Plc, TotalEnergies SE, Valvoline Inc., Exxon Mobil Corp., Castrol Ltd., Petroliam Nasional Berhad (PETRONAS), ENEOS Holdings, Inc., Afton Chemical, Repsol, S.A., and Gulf Oil International Limited, 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 Propulsion Type |
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| Breakup by Vehicle Type |
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| Breakup by Fill Type |
|
| Breakup by Product Type |
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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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