Press release
Technological Advancements Propel The Transmission Fluids Market Trend: A Crucial Influence on the Transmission Fluids Market's Transformation in 2025
Transmission Fluids Market Size
The boom in the automotive industry is anticipated to fuel the transmission fluids market's expansion. The swift escalation in the global automotive sector is projected to intensify the use of transmission fluids, which prevent hydraulic pump deterioration and gear lock in neutral, resulting in vehicle immobility. Furthermore, quickly evolving consumer preferences and their demand for enhanced vehicle performance and overall dependability lead to the amplified use of transmission fluids globally. The India Brand Equity Foundation (IBEF) forecasts the Indian automotive industry to achieve a value of $300 billion by 2026. Hence, the fast-paced growth of the automotive sector anticipates a surge in the need for transmission fluids throughout the projected period.
Get Your Transmission Fluids Market Report Here:
https://www.thebusinessresearchcompany.com/report/transmission-fluids-global-market-report
What Is the projected market size and growth rate for the transmission fluids market?
The market size of transmission fluids has experienced swift expansion in the past few years. Its growth trajectory is set to continue, rising from $9.35 billion in 2024 to a projected $10.3 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%. The past growth during the historic period can be linked to the expansion of the automotive industry, escalating demand in maintenance and aftermarket sectors, and the influence of regulatory standards.
In the coming years, the market size for transmission fluids is anticipated to experience swift expansion. It is predicted to reach $15.1 billion by 2029, with a compound annual growth rate (CAGR) of 10.0%. The projected growth during this period can be ascribed to the proliferation of electric vehicles, progression in fluid technology, the spread of global automotive manufacturing, and extended vehicle longevity. The forecast period is set to see dominant trends such as the inclination towards synthetic fluids, smart fluids, and condition monitoring, adaptation for assorted applications, as well as collaborations and partnerships.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6902&type=smp
What new trends are reshaping the transmission fluids market and its opportunities?
The progression of technology is a notable trend that is increasing in significance within the transmission fluids market. Leading entities within the market are channelling their efforts into the creation of innovative products in order to gain a strategic advantage over their rivals. To demonstrate, Castrol, an oil and gas firm based in the UK, unveiled its new products, Castrol ON EV Transmission Fluid W2 and W5, in August 2024. These products have been specifically developed for electric vehicles equipped with wet e-motors, and are characterized by their low-viscosity formulations which facilitate low electrical conductivity and superior e-motor protection. Furthermore, these fluids offer enhanced cooling and operational efficiency and are adept at managing the high torque outputs produced by electric motors, guaranteeing peak performance and longevity across an array of vehicle uses.
What major market segments define the scope and growth of the transmission fluids market?
The transmission fluids market covered in this report is segmented -
1) By Type: Automatic Transmission Fluid (ATF), Manual Transmission Fluid (MTF), CVT Fluid, DCT Fluid
2) By Base Oil: Mineral, Synthetic, Semi-Synthetic
3) By End User Industry: Automotive Industry, Construction, Mining, Industrial Machinery, Agriculture, Other End-User Industries
Subsegments:
1) By Automatic Transmission Fluid (ATF): Dexron Series, Mercon Series, Multi-Vehicle ATF
2) By Manual Transmission Fluid (MTF): Gear Oil, Synthetic MTF, Conventional MTF
3) By CVT Fluid: CVT Fluid For Passenger Vehicles, CVT Fluid For Commercial Vehicles
4) By DCT Fluid: DCT Fluid for Passenger Vehicles, DCT Fluid for High-Performance Vehicles
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6902
Which region dominates the transmission fluids market?
Asia-Pacific was the largest region in the transmission fluids market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the transmission fluids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the transmission fluids industry growth?
Major companies operating in the transmission fluids market include BP PLC, Shell PLC, Exxon Mobil Corporation, Chevron Corporation, The PJSC Lukoil Oil Company, Afton Chemical Corporation, Amalie Oil Company, AMSOIL Inc., Ashland Global Holdings Inc., China National Petroleum Corporation, CITGO Petroleum Corporation, ConocoPhillips Company, FUCHS PETROLUB SE, Gazprom Neft PJSC, Gulf Oil International Limited, Idemitsu Kosan Co. Ltd., Indian Oil Corporation Ltd., JXTG Nippon Oil & Energy Corporation, The Lubrizol Corporation, Morris Lubricants, Motul S. A., Neste Oyj, PetroChina Company Limited, Petronas Lubricants International Sdn Bhd, The Phillips 66 Company, SK Lubricants Co. Ltd., TotalEnergies SE, Valvoline Inc., Warren Oil Company Inc., ZF Friedrichshafen AG
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6902&type=smp
What Is Covered In The Transmission Fluids Global Market Report?
•Market Size Forecast: Examine the transmission fluids market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the transmission fluids market for a structured understanding.
•Key Players Overview: Analyze major players in the transmission fluids market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the transmission fluids market.
•Segment Contributions: Evaluate how different segments drive overall growth in the transmission fluids market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the transmission fluids market.
•Industry Challenges: Identify potential risks and obstacles affecting the transmission fluids market.
•Competitive Landscape: Review strategic developments in the transmission fluids market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Technological Advancements Propel The Transmission Fluids Market Trend: A Crucial Influence on the Transmission Fluids Market's Transformation in 2025 here
News-ID: 3884978 • Views: …
More Releases from The Business Research Company
Strategic Forecast for the Commercial Real Estate Industry: Market Outlook 2025- …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Commercial Real Estate Market Size Growth Forecast: What to Expect by 2025?
The size of the commercial real estate market has significantly expanded over the past few years. The market, which is expected to increase from $5,935.22 billion in 2024 to $6,281.58 billion in 2025, will experience a compound…
The Rise Of Coffee Consumption Is Fueling The Growth Of The Market Due To Its In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Coffee Shops Market Size Growth Forecast: What to Expect by 2025?
The size of the coffee shop market has seen robust growth in the past few years. The market, which is projected to be at $83.27 billion in 2024, is expected to reach $89.17 billion by 2025 with a…
Driving Chimney Waterproofing Services Market Growth in 2025: The Role of Rising …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Chimney Waterproofing Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial growth in the market size for chimney waterproofing services. The market is projected to expand from $1.53 billion in 2024 to $1.67 billion in 2025, demonstrating a compound annual…
Emerging Trends to Drive Ceramic Coated Separators Market Growth at 20.9% CAGR T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ceramic Coated Separators Market Size Growth Forecast: What to Expect by 2025?
The market size of ceramic coated separators has seen a remarkable increase in recent times, and it is set to expand from the value of $1.47 billion in 2024 to reach the value of $1.78 billion in…
More Releases for Fluid
Hydraulic Fluid Connector Market, Powering Performance Across Fluid Systems and …
Market Overview
The Hydraulic Fluid Connector Market is integral to industries reliant on fluid power systems-including agriculture, construction, mining, oil & gas, aerospace, and industrial machinery. These connectors ensure secure, leak-free transmission of hydraulic fluid under extreme pressures and demand high durability to prevent system failures. This growth is underpinned by increased automation, rigorous safety regulations, and the rising adoption of precision fluid conveyance in heavy machinery and mobile hydraulics.
Get…
Volatile Silicone Fluid Market
The "Volatile Silicone Fluid Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Volatile Silicone Fluid Market, 2024-2031
Verified Market Research's most recent report, "Volatile Silicone Fluid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides…
Fluid Power Equipment Market Is Booming Worldwide | Kent Fluid Power, Eaton, Flu …
Advance Market Analytics added research publication document on Worldwide Fluid Power Equipment Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Fluid Power Equipment market. The study provides valuable market size data for historical (Volume** & Value) from 2019 to 2023 which is estimated and forecasted till…
Fluid Mechanics Analysis Software Market Comprehensive Solutions for Fluid Flow …
Global Fluid Mechanics Analysis Software Market Overview:
The Fluid Mechanics Analysis Software market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Fluid Mechanics Analysis Software market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Fluid Delivery Innovation: Exploring the Growing Medical Fluid Bag Market
The medical fluid bag market refers to the industry that produces and sells bags that are used to hold and transport fluids in medical settings, such as hospitals and clinics. These bags are typically made from materials that are safe for use with medical fluids and are designed to prevent leaks or contamination. They may be used for a variety of purposes, such as delivering medications or intravenous fluids, collecting…
Fluid Sensors Market : Trends along with the current and future fluid sensors ma …
Fluid Sensors Market by Type (Flow Sensor, Level Sensor), by Technology (Non-contact Sensor, Contact Sensor), by End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.
The global fluid sensors market was valued at $13.2 billion in 2021, and is projected to reach $25.4 billion by 2030, growing at a CAGR of 7.45% from 2022 to 2030.
The fluid…
