The question arises: Are you ready to seize the lucrative growth opportunities emerging from this transition?
Here’s how ecosystem leaders are doing it:
Companies to Action: At Forefront of EV Chemical Solutions
Chevron Products Company
Chevron is revolutionizing the lubricant industry with its NEXBASE 3043 Group III base oil, a cutting-edge solution that meets evolving regulatory standards while pushing the envelope of lubricant technologies.
Key Innovators
- TotalEnergies
- Motul
- Petronas
- Shell
- ExxonMobil
- Fuchs
- Castrol
- Valvoline
Are you doing everything to collaborate with transformative players and achieve competitive success in chemical and material domain?
Access our latest Transformational Growth Perspectives for strategic imperatives, growth opportunities, and best practices to thrive in the world of eFluids and automotive adhesives.
How to Unlock Success in the Chemicals Industry?
Frost & Sullivan’s growth experts have identified lucrative growth opportunities in this dynamic space. Discover how your company can gain a competitive edge by tapping into our insights and research. Here is a glimpse:
Automation and Sustainability
in EV Adhesives & Sealants
The demand for innovative adhesives and sealants is surging, driven by the need to meet stringent sustainability and efficiency standards. By collaborating with original equipment manufacturers (OEMs), leading companies are developing advanced formulations optimized for automation and robotics in EV manufacturing.
Lubrication for EVs /
Industrial Equipment
Lubricants are the lifeblood of the EV transformation. In addition to EVs, industrial machinery such as construction and mining equipment also rely on eFluids for seamless operations. Industry players are innovating eFluids that protect against short circuits and static electricity, while automatic lubrication systems are gaining traction as a significant growth opportunity.
Why Now? Industry Experts Weigh In:
“Government initiatives toward decarbonization and OEM targets to switch to EVs from internal combustion engines will remain major drivers [for eFluids]”
– Soundarya Gowrishankar-Growth Expert and Senior Industry Analyst, Chemicals at Frost & Sullivan
“While penetration of electric cars has surged, this has adversely affected lubricant consumption and simultaneously created opportunities for new business models.”
– Christeena Thomas-Growth Expert & Research Manager, Chemicals, Materials, Nutrition at Frost & Sullivan
Capitalizing on Emerging Trends and Best Practices in the Chemical & Material Industry
The time is ripe for innovation in the chemical and material ecosystem. Coatings, sealants, packaging, and plastics are just a few examples of sectors experiencing tremendous growth. Industry leaders are increasingly embracing collaboration and industry convergence to capitalize on emerging opportunities.
Are you ready to be among the leading innovators and collaborations?
To stay ahead in this competitive space, explore our Transformational Growth Perspectives here and learn how to unlock new opportunities for success.
