North America Fluids and Lubricants Market for Electric Vehicles Market (2025-2031) | Value, Size, Analysis, Revenue, Growth, Share, Forecast, Companies, Outlook, Industry, Trends

North America Fluids and Lubricants Market for Electric Vehicles Market Highlights

Report Name	North America Fluids and Lubricants Market for Electric Vehicles Market
Forecast Period	2025-2031
Market Size	USD 3.5 billion By 2031
CAGR	4.08%
Growing Sector	Electric Vehicles

Topics Covered in the North America Fluids and Lubricants Market for Electric Vehicles Market Report

North America Fluids and Lubricants Market for Electric Vehicles Market report thoroughly covers the market By Countries, By Type, and By Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Fluids and Lubricants Market for Electric Vehicles Market Size & Analysis

North America Fluids and Lubricants Market for Electric Vehicles Market was valued at USD 2.5 billion and is expected to reach USD 3.5 billion, growing at a CAGR of around 4.08 % from 2025-2031. The North America Fluids and Lubricants Market for Electric Vehicles is experiencing significant growth, driven by several key factors

North America Fluids and Lubricants Market for Electric Vehicles Market Synopsis

Fluids and Lubricants Market for Electric Vehicles Market in North America is experiencing steady growth, due to rising EV adoption, stringent emission regulations, and advancements in lubricant technology. Governments in the U.S. and Canada are implementing incentives and mandates to reduce carbon emissions, encouraging the transition to electric mobility. Specialized EV fluids, such as thermal management coolants, e-transmission fluids, and greases, are crucial for optimizing battery performance, extending component lifespan, and ensuring efficiency.

According to 6Wresearch, the North America Fluids and Lubricants Market for Electric Vehicles Market Size is expected to reach a significant CAGR of 4.08% during the forecast period 2025-2031. Despite strong growth prospects, the market faces challenges, including high costs of advanced EV fluids, evolving EV drivetrain technologies, and supply chain disruptions. The continuous innovation in EV components requires lubricant manufacturers to frequently adapt formulations, leading to increased research and production costs. Additionally, the limited availability of raw materials and dependency on petroleum-based additives present supply chain constraints. Another challenge is the relatively lower maintenance requirements of EVs compared to internal combustion engine vehicles, which may reduce the overall demand for lubricants. While increasing EV adoption drives the market, manufacturers must navigate these obstacles to sustain growth and profitability.

The growth of the fluids and lubricants market for electric vehicles in North America faces several challenges. One significant restraint is the high cost of advanced lubricants specifically designed for EVs, which can deter widespread adoption. Additionally, the shift to electric mobility reduces the demand for traditional lubricants due to fewer moving parts and the absence of an internal combustion engine in EVs. Limited awareness regarding the benefits of specialized EV fluids further restricts market expansion. Furthermore, the lack of standardized formulations across manufacturers can complicate product compatibility, leading to hesitancy among consumers and service providers.

North America Fluids and Lubricants Market for Electric Vehicles Market Trends

The North American Fluids and Lubricants Market for Electric Vehicles Market is experiencing steady growth, with several key trends shaping the market landscape. The rising popularity of EVs and associated fluids and lubricants has led to collaborations between automakers and major players in the lubricant industry, aiming for optimized performance and compatibility. For instance, Tesla collaborated with ExxonMobil to develop thermal management fluids for its battery packs, while Ford is working with Shell to design transmission oils for its electric pickup trucks. Additionally, advancements in lubricant technology have enabled the development of specialized EV fluids such as silicone-based dielectric coolants that offer superior heat transfer properties compared to traditional glycol-based coolants.

Investment Opportunities in the North America Fluids and Lubricants Market for Electric Vehicles Market

The North American Fluids and Lubricants Market for Electric Vehicles Industry presents lucrative investment opportunities for companies across the value chain. The increasing demand for EVs and associated fluids is driving market growth, with major players investing in research and development to enhance product offerings. Investment opportunities also exist in developing cost-effective and sustainable alternatives to petroleum-based additives, as well as expanding production capacity to meet growing demand. Additionally, collaborations between lubricant manufacturers and automakers present a promising avenue for future growth.

Leading Players in the North America Fluids and Lubricants Market for Electric Vehicles Market

Fluids and Lubricants Market for Electric Vehicles market in North America is highly competitive, with the presence of major players such as ExxonMobil Corporation, Royal Dutch Shell plc, TotalEnergies SE, FUCHS Petrolub AG, and Chevron Corporation. These companies are investing in new technologies and partnerships to increase their market share and expand their product offerings. Other notable players include AMSOIL Inc., BP Plc., Phillips 66 Lubricants, Valvoline Inc., and RSC Bio Solutions. With the increasing demand for advanced EV fluids and lubricants in North America, these companies are expected to maintain a strong position in the market. 

Government Regulations

Government regulations play a crucial role in driving the growth of the fluids and lubricants market for electric vehicles in North America. The U.S. Environmental Protection Agency (EPA) has set strict emissions standards for vehicles, pushing automakers to produce more EVs and reduce their carbon footprint. Similarly, Canada's Zero-Emission Vehicle (ZEV) mandate requires automakers to ensure a certain percentage of their vehicle sales are zero-emission by 2025. These regulations have incentivized the adoption of EVs in North America, leading to an increased demand for associated fluids and lubricants. Furthermore, governments are also offering subsidies and tax incentives to consumers who purchase EVs, further stimulating market growth.

Future insights of North America Fluids and Lubricants Market for Electric Vehicles Market

Despite current challenges, the future of the fluids and lubricants market for electric vehicles in North America appears promising, driven by advancements in technology and increasing EV adoption rates. The growing push for sustainability and stringent environmental regulations are encouraging innovations in eco-friendly and high-performance lubricants tailored for electric drivetrains. Additionally, the expanding network of EV charging infrastructure across the region is expected to boost the demand for thermal management fluids, critical for maintaining optimal battery performance. Collaboration between automakers and lubricant manufacturers to develop standardized, cutting-edge formulations could further streamline the market.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

US to Dominate the Market - By Countries

According to Dhaval, Research Manager, 6Wresearch, the US dominates the North America fluids and lubricants market for electric vehicles, accounting for over 70% of market share in 2020. The well-established EV market in the country, along with government initiatives and investments by major players, is driving this dominance.

Drive System Fluids to Dominate the Market - By Type

Drive system fluids dominate the North America fluids and lubricants market for electric vehicles, accounting for over 40% of market share in 2020. This can be attributed to the high demand for efficient cooling and lubrication of EV drivetrains, which are constantly evolving with advancements in technology.

Powertrain to Dominate the Market - By Applications

The powertrain application segment dominates the North America fluids and lubricants market for electric vehicles, accounting for over 50% of market share in 2020. This can be attributed to the high demand for specialized drivetrain fluids and lubricants to ensure efficient functioning and longevity of EV drivetrains.

Key Attractiveness of the Report:

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Factors Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America Fluids and Lubricants Market for Electric Vehicles Market Outlook
• Market Size of North America Fluids and Lubricants Market for Electric Vehicles Market, 2024
• Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market, 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Revenues & Volume for the Period 2021 - 2031
• North America Fluids and Lubricants Market for Electric Vehicles Market Trend Evolution
• North America Fluids and Lubricants Market for Electric Vehicles Market Drivers and Challenges
• North America Fluids and Lubricants Market for Electric Vehicles Price Trends
• North America Fluids and Lubricants Market for Electric Vehicles Porter's Five Forces
• North America Fluids and Lubricants Market for Electric Vehicles Industry Life Cycle
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Type for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Grease for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Heat Transfer Fluids for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Drive System Fluids for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Brake Fluids for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Type for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Grease for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Heat Transfer Fluids for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Drive System Fluids for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Brake Fluids for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Type for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Grease for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Heat Transfer Fluids for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Drive System Fluids for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Brake Fluids for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Applications for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Powertrain for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Safety and control for the Period 2021 - 2031
• Historical Data and Forecast of North America Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Telematics for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Applications for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Powertrain for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Safety and control for the Period 2021 - 2031
• Historical Data and Forecast of United States Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Telematics for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Applications for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Powertrain for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Safety and control for the Period 2021 - 2031
• Historical Data and Forecast of Canada Fluids and Lubricants Market for Electric Vehicles Market Revenues & Volume By Telematics for the Period 2021 - 2031
• North America Fluids and Lubricants Market for Electric Vehicles Market - Key Performance Indicators
• North America Fluids and Lubricants Market for Electric Vehicles Market - Import Export Trade Statistics
• North America Fluids and Lubricants Market for Electric Vehicles Market - Opportunity Assessment By Countries
• North America Fluids and Lubricants Market for Electric Vehicles Market - Opportunity Assessment By Type
• North America Fluids and Lubricants Market for Electric Vehicles Market - Opportunity Assessment By Applications
• North America Fluids and Lubricants Market for Electric Vehicles Market - Top Companies Market Share
• North America Fluids and Lubricants Market for Electric Vehicles Market - Top Companies Profiles
• North America Fluids and Lubricants Market for Electric Vehicles Market - Comparison of Players in Technical and Operating Parameters
• North America Fluids and Lubricants Market for Electric Vehicles Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries 

• United States
• Canada

By Type

• Grease
• Heat Transfer Fluids
• Drive System Fluids
• Brake Fluids

By Applications

• Powertrain
• Safety And Control
• Telematics