EV Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The global EV lubricants market is set to experience exceptional growth, projected to expand from $1.64 billion in 2024 to $4.74 billion by 2031, registering a CAGR of 16.3%. As the automotive industry transitions to electric mobility, specialized lubricants tailored for electric vehicles (EVs) are becoming a critical component in enhancing drivetrain performance, efficiency, and longevity.

EV lubricants address the unique requirements of electric drivetrains, such as reduced friction, thermal stability, and enhanced conductivity, ensuring smoother operations and minimal wear. With increasing EV adoption globally, the demand for these specialized products is rapidly rising, driving innovation and growth within the sector.

Market Insights

1. Market Dynamics

The rise in electric vehicle (EV) adoption, coupled with the push for sustainable practices, is fueling demand for high-performance lubricants tailored to EV needs. These lubricants not only enhance energy efficiency but also extend the lifespan of critical drivetrain components.

2. Focus on Innovation

Manufacturers are prioritizing research and development to create lubricants that offer improved thermal stability, reduced friction, and enhanced durability, catering to the specific challenges posed by EV components.

3. Market Expansion

Regions such as Europe and South Asia/Oceania are emerging as significant contributors to market growth, supported by government policies, economic expansion, and increased consumer awareness.

Market Growth Drivers

1. Rising EV Adoption

The rapid global adoption of electric vehicles is the primary growth driver for EV lubricants. The demand for lubricants formulated to address the unique needs of EV motors, gears, and bearings continues to rise as EVs become more prevalent in both consumer and commercial segments.

2. Technological Advancements in Lubricants

Innovation in lubricant chemistry is a key driver of market growth. Cutting-edge formulations with improved thermal stability, energy efficiency, and conductivity are meeting the evolving requirements of advanced electric drivetrains.

3. Sustainability Push

The automotive industry's focus on eco-friendly solutions is fostering the development of sustainable, biodegradable lubricants that align with global environmental goals, further propelling market demand.

Market Restraints

1. Rapid Technological Evolution

As EV technology evolves, lubricant manufacturers must continuously adapt their formulations to meet the latest requirements. Failure to keep pace with these advancements could hinder market growth.

2. Regulatory Compliance

Navigating regulatory standards and ensuring product interoperability across different EV platforms remain challenges for lubricant manufacturers, potentially slowing down product development and adoption.

Opportunities

1. Collaboration with EV Manufacturers

Strategic partnerships with EV manufacturers offer significant opportunities for co-developing lubricants tailored to specific vehicle designs. These collaborations ensure optimal performance and open new revenue streams for lubricant producers.

2. Focus on Eco-friendly Solutions

The development of environmentally friendly and sustainable lubricants aligns with consumer preferences and regulatory demands. Products with reduced carbon footprints and biodegradable compositions present lucrative opportunities for market players to differentiate themselves.

Regional Analysis

1. Europe: Leading the Charge

Europe is poised to dominate the EV lubricants market, driven by stringent environmental regulations and a well-established automotive industry. Nations such as Germany, France, and Italy are at the forefront of sustainable mobility initiatives, creating a robust demand for EV-specific lubricants.

2. South Asia & Oceania: Fastest-growing Market

The South Asia and Oceania regions are witnessing accelerated growth due to strategic investments in electric mobility and robust economic expansion. Countries like India and Australia are driving EV adoption, creating a burgeoning market for specialized lubricants.

Competitive Analysis

Key Market Players

The EV lubricants market features prominent players such as:

Royal Dutch Shell Plc
FUCHS Group
ExxonMobil Corporation
Kluber Lubrication
Petronas
Afton Chemicals
Engineered Fluids
M&I Materials Ltd.
TotalEnergies SE
Castrol Ltd
3M
The Lubrizol Corporation

These companies are actively investing in research and development to create innovative lubricants that cater to the unique needs of EVs. Additionally, strategic collaborations with automakers and advancements in eco-friendly formulations are key focus areas.

EV Lubricants Market Research Segmentation

By Product Type:

Thermal Fluids
Dielectric Fluids
Drive System Fluids
Brake Fluids
Grease
Others

By Distribution Channel:

OEM
Aftermarket

By Vehicle Type:

BEVs
HEVs/PHEVs

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

1. Executive Summary

1.1. Global EV Lubricants Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Economic Overview
- 2.6.1. World Economic Projections
2.7. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. Global Average Price Analysis by Product Type, 2019 - 2023
3.2. Prominent Factor Affecting EV Lubricants Prices
3.3. Global Average Price Analysis by Region

4. Global EV Lubricants Market Outlook, 2019 - 2031

4.1. Global EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Thermal Fluids
  - 4.1.1.2. Dielectric Fluids
  - 4.1.1.3. Drive System Fluids
  - 4.1.1.4. Brake Fluids
  - 4.1.1.5. Grease
  - 4.1.1.6. Others
4.2. Global EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. OEM
  - 4.2.1.2. Aftermarket
4.3. Global EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. BEVs
  - 4.3.1.2. HEVs/PHEVs
4.4. Global EV Lubricants Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. North America
  - 4.4.1.2. Europe
  - 4.4.1.3. Asia Pacific
  - 4.4.1.4. Latin America
  - 4.4.1.5. Middle East & Africa

5. North America EV Lubricants Market Outlook, 2019 - 2031

5.1. North America EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Thermal Fluids
  - 5.1.1.2. Dielectric Fluids
  - 5.1.1.3. Drive System Fluids
  - 5.1.1.4. Brake Fluids
  - 5.1.1.5. Grease
  - 5.1.1.6. Others
5.2. North America EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. OEM
  - 5.2.1.2. Aftermarket
5.3. North America EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. BEVs
  - 5.3.1.2. HEVs/PHEVs
- 5.3.2. Attractiveness Analysis
5.4. North America EV Lubricants Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. U.S. EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 5.4.1.2. U.S. EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 5.4.1.3. U.S. EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 5.4.1.4. Canada EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 5.4.1.5. Canada EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 5.4.1.6. Canada EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031

6. Europe EV Lubricants Market Outlook, 2019 - 2031

6.1. Europe EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Thermal Fluids
  - 6.1.1.2. Dielectric Fluids
  - 6.1.1.3. Drive System Fluids
  - 6.1.1.4. Brake Fluids
  - 6.1.1.5. Grease
  - 6.1.1.6. Others
6.2. Europe EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. OEM
  - 6.2.1.2. Aftermarket
6.3. Europe EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. BEVs
  - 6.3.1.2. HEVs/PHEVs
- 6.3.2. Attractiveness Analysis
6.4. Europe EV Lubricants Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Germany EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.2. Germany EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.3. Germany EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.4. U.K. EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.5. U.K. EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.6. U.K. EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.7. France EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.8. France EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.9. France EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.10. Italy EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.11. Italy EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.12. Italy EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.13. Turkey EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.14. Turkey EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.15. Turkey EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.16. Russia EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.17. Russia EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.18. Russia EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.19. Rest of Europe EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.20. Rest of Europe EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.4.1.21. Rest of Europe EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031

7. Asia Pacific EV Lubricants Market Outlook, 2019 - 2031

7.1. Asia Pacific EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Thermal Fluids
  - 7.1.1.2. Dielectric Fluids
  - 7.1.1.3. Drive System Fluids
  - 7.1.1.4. Brake Fluids
  - 7.1.1.5. Grease
  - 7.1.1.6. Others
7.2. Asia Pacific EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. OEM
  - 7.2.1.2. Aftermarket
7.3. Asia Pacific EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. BEVs
  - 7.3.1.2. HEVs/PHEVs
- 7.3.2. Attractiveness Analysis
7.4. Asia Pacific EV Lubricants Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. China EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.2. China EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.3. China EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.4. Japan EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.5. Japan EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.6. Japan EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.7. South Korea EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.8. South Korea EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.9. South Korea EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.10. India EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.11. India EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.12. India EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.13. Southeast Asia EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.14. Southeast Asia EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.15. Southeast Asia EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.16. Rest of Asia Pacific EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.17. Rest of Asia Pacific EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.4.1.18. Rest of Asia Pacific EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031

8. Latin America EV Lubricants Market Outlook, 2019 - 2031

8.1. Latin America EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Thermal Fluids
  - 8.1.1.2. Dielectric Fluids
  - 8.1.1.3. Drive System Fluids
  - 8.1.1.4. Brake Fluids
  - 8.1.1.5. Grease
  - 8.1.1.6. Others
8.2. Latin America EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. OEM
  - 8.2.1.2. Aftermarket
8.3. Latin America EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. BEVs
  - 8.3.1.2. HEVs/PHEVs
- 8.3.2. Attractiveness Analysis
8.4. Latin America EV Lubricants Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Brazil EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.2. Brazil EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.3. Brazil EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.4. Mexico EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.5. Mexico EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.6. Mexico EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.7. Argentina EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.8. Argentina EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.9. Argentina EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.10. Rest of Latin America EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.11. Rest of Latin America EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.4.1.12. Rest of Latin America EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031

9. Middle East & Africa EV Lubricants Market Outlook, 2019 - 2031

9.1. Middle East & Africa EV Lubricants Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Thermal Fluids
  - 9.1.1.2. Dielectric Fluids
  - 9.1.1.3. Drive System Fluids
  - 9.1.1.4. Brake Fluids
  - 9.1.1.5. Grease
  - 9.1.1.6. Others
9.2. Middle East & Africa EV Lubricants Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. OEM
  - 9.2.1.2. Aftermarket
9.3. Middle East & Africa EV Lubricants Market Outlook, by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. BEVs
  - 9.3.1.2. HEVs/PHEVs
- 9.3.2. Attractiveness Analysis
9.4. Middle East & Africa EV Lubricants Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. GCC EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.2. GCC EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.3. GCC EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.4. South Africa EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.5. South Africa EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.6. South Africa EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.7. Egypt EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.8. Egypt EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.9. Egypt EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.10. Nigeria EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.11. Nigeria EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.12. Nigeria EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.13. Rest of Middle East & Africa EV Lubricants Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.14. Rest of Middle East & Africa EV Lubricants Market by Distribution Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.4.1.15. Rest of Middle East & Africa EV Lubricants Market by Vehicle Type, Value (US$ Bn) and Volume (Units), 2019 - 2031

10. Competitive Landscape

10.1. By Product Type vs by Distribution Channel Heatmap
10.2. Company Market Share Analysis, 2024
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Royal Dutch Shell Plc
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. FUCHS Group
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. ExxonMobil Corporation
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Kluber Lubrication
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Petronas
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Afton Chemicals
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Engineered Fluids
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. M&I Materials Ltd.
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. TotalEnergies SE
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Castrol Ltd
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. 3M
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Development
- 10.4.12. The Lubrizol Corporation
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

List of Region/Countries

North America U.S. Canada
Europe Germany U.K. France Italy Turkey Russia Rest of Europe
Asia Pacific China Japan South Korea India Southeast Asia Rest of Asia Pacific
Latin America Brazil Mexico Rest of Latin America
Middle East & Africa GCC South Africa Rest of Middle East & Africa