What is EV Dielectric Fluid?
E-thermal fluid is an innovative dielectric fluid formulated specifically for direct cooling, where the fluid circulates within the module and is in direct contact with individual battery cells. The use of e-thermal fluid allows EV batters to be charged more rapidly. The thermal conductivity and specific heat capacity of the liquid are higher than that of air, which makes the process more efficient at removing waste heat to cool high-power electronics.
|Unit||Value (USD Million)|
|Key Companies Profiled||Castrol (United Kingdom), Cepsa (Spain), ExxonMobil (United States), Fuchs Petrolub SE (Germany), GS Caltex (South Korea), Gulf Oil Lubricants India (India), HP Lubricants (India), Idemitsu (Japan), JXTG (Japan) and Petronas (Malaysia)|
The study covers a detailed analysis segmented by key business segments i.e. by type (Low Viscosity, High Viscosity and Others) , by application (Commercial Vehicle and Passenger Vehicle) and major geographies.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this EV Dielectric Fluid market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Castrol (United Kingdom), Cepsa (Spain), ExxonMobil (United States), Fuchs Petrolub SE (Germany), GS Caltex (South Korea), Gulf Oil Lubricants India (India), HP Lubricants (India), Idemitsu (Japan), JXTG (Japan) and Petronas (Malaysia).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
EV Dielectric Fluid Market Dynamics:
- Growing Demand for charging stations in Public Places for Rapidly Delivery of fluid
- Increasing Preference for direct cooling to produce a huge amount of energy
- Investors Increased Focus on the Development of EVs
- The Introduction of electrification components has been targeted for energy efficiency and long-term durability
- High Cost Associated with Next-Generation of e-thermal fluid Issues May Hamper the Growth
|Road Blocks / Challenges|
- Growing Concern over tailpipe emissions and their harmful effects on the environment
|Gaps & Opportunities|
- Increasing Installation of battery e-Thermal fluid that will enable future generation on Evs
- Potential Growth of Dielectric Fluid in Most Emerging Economies
Key highlights of the Global EV Dielectric Fluid market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the EV Dielectric Fluid market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global EV Dielectric Fluid market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of EV Dielectric Fluid Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global EV Dielectric Fluid market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in EV Dielectric Fluid market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.