Press release
Transmission Fluids Market Set to Surge: Innovations, Sustainability Trends, and Global Demand 2025 | Top key players - BP PLC, Royal Dutch Shell Plc, Exxon Mobil Corporation.
The Transmission Fluids Market is expected to grow at a CAGR of 2.15% during the forecasting period 2024-2031.The Transmission Fluids Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Transmission Fluids Market refers to the global industry focused on the production, distribution, and sale of specialized lubricants used in vehicle transmission systems. These fluids reduce friction, cool components, and enable smooth gear shifting in automatic and manual transmissions. Driven by automotive growth, technological advancements, and rising demand for fuel efficiency, the market serves automotive, industrial, and off-highway applications.
Prominent Industry players in the Transmission Fluids Market
The prominent players in Transmission Fluids market research report are: BP PLC, Royal Dutch Shell Plc, Exxon Mobil Corporation, Chevron Corporation, Lukoil, Total S.A., Kemipex, Valvoline Inc., General Motors, and Phillips 66 Company, among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Industry News of USA:
✅ May 2025 - A leading U.S. lubricant manufacturer introduced a next-generation synthetic transmission fluid designed to improve EV driveline efficiency and extend service intervals, addressing rising demand in electric vehicle applications.
✅ August 2024 - Major automakers in the USA collaborated with additive suppliers to develop low-viscosity transmission fluids aimed at enhancing fuel economy in hybrid vehicles, supporting stricter emission standards.
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Market Segments
By Type: Automatic Transmission Fluid (ATF), Manual Transmission Fluid (MTF), Dual-Clutch Transmission Fluid (DCT), Continuously Variable Transmission Fluid (CVT).
By Base Oil: Mineral, Synthetic, Semi-synthetic.
By End-User: Automotive Industry, Construction, Mining, Industrial Machinery, Agriculture, Others.
By Distribution Channel: E-Commerce, Offline.
The Transmission Fluids industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Transmission Fluids Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Transmission Fluids Market?
✒ Who are the prominent players in the Transmission Fluids Market?
✒ How is the regulatory landscape affecting the Transmission Fluids Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Transmission Fluids Market?
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