The Transmission Fluids Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Transmission Fluids Market?
The historical growth trend in the Transmission Fluids Global Market Report 2024 market shows that the market size has swiftly expanded in recent years. The market value is predicted to increase from $9.35 billion in 2024 to $10.3 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Transmission Fluids Industry?
The Transmission Fluids Global Market is projected to reach a market size of $15.1 billion in 2029, increasing at a compound annual growth rate (CAGR) of 10.0%.
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What are the Key Growth Drivers Fueling the Transmission Fluids Market?
The key drivers in the transmission fluids market are:
• Expansion of the electric vehicle segment
• Technological advancements in fluid manufacturing
• Globalization and growth in automotive production
• Increase in the lifespan of vehicles
Global Market Segmentation: Identifying Major Transmission Fluids Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Transmission Fluids Market?
The key trends in the pain management drugs market are:
• The transition towards synthetic fluids is a notable emerging trend.
• Intelligent fluids and condition monitoring are progressively shaping the future.
• Customization for diverse applications is significantly impacting the market.
• Collaborations and partnerships are a rising trend in the industry.
Who Are the Top Competitors & Leading Players in the Transmission Fluids Market?
Major companies in the transmission fluids market are:
• 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
Regional Dominance: Which Area Leads the Global 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
