トランスミッションフルード市場 – 2029年までの世界予測

Transmission Fluids Market - Global Forecast to 2029

トランスミッションフルード市場 - タイプ(オートマチックトランスミッションフルード、マニュアルトランスミッションフルード、その他のタイプ)、ベースオイル(鉱物油、合成油、半合成油)、最終用途産業(自動車、オフロード車)、および地域別 - 2029年までの世界予測
Transmission Fluids Market by Type (Automatic Transmission Fluids, Manual Transmission Fluids, Other Types), Base Oil (Mineral, Synthetic, Semi-Synthetic), End-Use Industry (Automotive, Off-Road Vehicle), and Region - Global Forecast to 2029

商品番号 : SMB-74227

出版社MarketsandMarkets
出版年月2025年3月
ページ数244
図表数342
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

In terms of value, the transmission fluids market is estimated to grow from USD 15.67 billion in 2024 to USD 19.70 billion by 2029, at a CAGR of 4.7%.

価値の面では、トランスミッションフルード市場は、2024年の156億7,000万米ドルから2029年には197億米ドルに、年平均成長率4.7%で成長すると予測されています

トランスミッションフルード市場 - 2029年までの世界予測
transmission-fluid-market-Overview

The increasing demand for automatic and hybrid vehicles is revolutionizing the transmission fluids industry, as such advanced systems require transmission fluids designed to suit their specific needs. Automatic transmissions and hybrid drivetrains demand fluids with specific attributes, including superior friction control, thermal stability, and energy efficiency in contrast to conventional manual transmissions. High-performance transmission fluids are in greater demand as people choose automatic and hybrid vehicles for their convenience, smoother driving, and fuel efficiency. Additionally, this evolution pushes producers to create novel formulations that fulfill the changing technological specifications of contemporary transmissions.

オートマチック車やハイブリッド車の需要増加はトランスミッションフルード業界に革命をもたらしています。このような高度なシステムには、特定のニーズに合わせて設計されたトランスミッションフルードが必要です。オートマチックトランスミッションやハイブリッドドライブトレインには、従来のマニュアルトランスミッションとは対照的に、優れた摩擦制御、熱安定性、エネルギー効率など、特定の特性を持つフルードが必要です。人々がオートマチック車やハイブリッド車を選ぶのは、利便性、スムーズな運転、燃費効率のためであるため、高性能トランスミッションフルードの需要が高まっています。さらに、この進化により、メーカーは現代のトランスミッションの変化する技術仕様を満たす新しい配合を開発する必要に迫られています。

“Manual transmission fluids segment is expected to be the third fastest-growing type of the transmission fluids market, in terms of value, during the forecast period.”

One of the most important benefits of manual transmissions is that they are less expensive to maintain than the automatic systems. They contain fewer sophisticated components and are less susceptible to costly malfunctions or failures. This simplicity also applies to the transmission fluids employed, which are usually of longer service life and cheaper to replace. In areas where vehicle maintenance expenses are a major factor for consumers, this affordability enables consistent demand for manual transmission fluids, which will continue to be used across personal and commercial vehicles.

“Semi-synthetic oil is expected to be the second fastest-growing segment of the transmission fluids market, in terms of value, during the forecast period.”

Semi-synthetic transmission fluids fill the gap between mineral and full synthetic lubricants by providing longer drain intervals at a cost that is less than premium synthetic products. Their enhanced oxidation stability and thermal stability reduce oil degradation, enabling vehicles to run efficiently for longer intervals before fluid replacement is needed. This minimizes direct maintenance costs and indirect costs of vehicle downtime, which is especially advantageous to fleet operators handling multiple vehicles. This convergence of performance and affordability is responsible for their increasing popularity globally.

“Automotive industry is expected to be the fastest-growing segment of the transmission fluids market, in terms of value, during the forecast period.”

Urbanization has immensely boosted car ownership levels, especially in developing areas where increased incomes and better infrastructure make personal vehicles more affordable. As cities grow and populations shift to urban areas, the need for easy and dependable personal mobility increases, with a corresponding rise in the passenger car sales. In highly populated urban areas, congested stop-and-go traffic imposes additional stress on transmission systems, accelerating wear. This leads to an increased rate of fluid replacements and maintenance to provide seamless performance. This growing urban fleet of vehicles creates steady demand for transmissions fluids, cementing the automotive sector’s market leadership.

トランスミッションフルード市場 - 2029年までの世界予測 region
transmission-fluid-market-Region

“Middle East & Africa is projected to be the second-fastest growing region, in terms of value, during the forecast period in the transmission fluids market.”

The adverse climatic conditions in the Middle East & African region, especially the hot temperatures of Gulf nations and the dry desert climates of places such as parts of North Africa, pose considerable stress on the transmission systems of vehicles. The high ambient temperatures cause the degradation of transmission fluids at a faster rate, which results in poor lubrication efficiency, higher friction, and even overheating. This leads to more frequent fluid changes to keep the vehicle operating efficiently and avoid expensive repairs. This creates an increasing demand for heat-resistant, specialty transmission fluids designed to endure extreme temperatures, leading to durability and steady market expansion.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: Managers – 30%, Director Level – 50%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, RoW– 5%

The key players in this market include ExxonMobil Corporation (US), Shell plc (UK), BP plc (UK), TotalEnergies SE (France), and Chevron Corporation (US), Petroliam Nasional Berhad (PETRONAS) (Malaysia), FUCHS SE (Germany), Valvoline Inc. (US), LUKOIL (Russia), Motul (France), and others.

トランスミッションフルード市場 - 2029年までの世界予測 ecosystem
transmission-fluid-market-Ecosystem

Research Coverage

This report segments the market for transmission fluids based on type, base oil, end-use industry, and region and provides estimations of value (USD Million) and volume (Million Liters) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for transmission fluids.

Reasons to Buy this Report

This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the transmission fluids market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on transmission fluids offered by top players in the global market
  • Analysis of key drivers: (Expanding automotive industry, advancements in transmission technologies, implementation of stringent emission regulations, and growing vehicle longevity and expansion of aftermarket services), restraints (Fluctuating crude oil prices and environmental concerns and growing challenge of fluid disposal), opportunities (Rising demand for electric and hybrid vehicles, growing demand in emerging markets, and developments of fluids for autonomous vehicles), and challenges (Increasing complexity of modern transmission systems and competition from alternative lubricants) influencing the growth of transmission fluids market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the transmission fluids market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for transmission fluids across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global transmission fluids market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the transmission fluids market

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      26

1.3.2        INCLUSIONS AND EXCLUSIONS 27

1.3.3        YEARS CONSIDERED      29

1.3.4        CURRENCY CONSIDERED            29

1.3.5        UNIT CONSIDERED        29

1.4           STAKEHOLDERS               30

1.5           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY DATA          32

2.1.1.1    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Key primary participants     33

2.1.2.2    Key industry insights           33

2.1.2.3    Breakdown of primary interviews      34

2.2           MARKET SIZE ESTIMATION         34

2.2.1        BOTTOM-UP APPROACH              35

2.2.2        TOP-DOWN APPROACH                36

2.3           DATA TRIANGULATION                37

2.4           GROWTH FORECAST      38

2.4.1        SUPPLY-SIDE ANALYSIS                 39

2.4.2        DEMAND-SIDE ANALYSIS             39

2.5           RESEARCH ASSUMPTIONS           40

2.6           RESEARCH LIMITATIONS             41

2.7           RISK ASSESSMENT           41

3               EXECUTIVE SUMMARY  42

4               PREMIUM INSIGHTS       46

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRANSMISSION FLUIDS MARKET              46

4.2           TRANSMISSION FLUIDS MARKET, BY REGION    46

4.3           ASIA PACIFIC TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY AND COUNTRY 47

4.4           REGIONAL TRANSMISSION FLUIDS MARKET, BY TYPE                 47

4.5           TRANSMISSION FLUIDS MARKET, BY COUNTRY                 48

5               MARKET OVERVIEW       49

5.1           INTRODUCTION              49

5.2           MARKET DYNAMICS       49

5.2.1        DRIVERS               50

5.2.1.1    Expanding automotive industry         50

5.2.1.2    Advancements in transmission technologies    50

5.2.1.3    Implementation of stringent emission regulations          51

5.2.1.4    Growing vehicle longevity and expansion of aftermarket services                 51

5.2.2        RESTRAINTS      51

5.2.2.1    Fluctuating crude oil prices 51

5.2.2.2    Growing environmental concerns and challenge of fluid disposal                 52

5.2.3        OPPORTUNITIES              52

5.2.3.1    Rising demand for electric and hybrid vehicles                52

5.2.3.2    Growing demand in emerging markets             53

5.2.3.3    Development of fluids for autonomous vehicles              53

5.2.4        CHALLENGES    53

5.2.4.1    Increasing complexity of modern transmission systems 53

5.2.4.2    Competition from alternative lubricants           54

5.3           PORTER’S FIVE FORCES ANALYSIS           54

5.3.1        THREAT OF NEW ENTRANTS      55

5.3.2        THREAT OF SUBSTITUTES          55

5.3.3        BARGAINING POWER OF SUPPLIERS       55

5.3.4        BARGAINING POWER OF BUYERS             56

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 56

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     56

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           56

5.4.2        BUYING CRITERIA           57

5.5           MACROECONOMIC INDICATORS              58

5.5.1        GDP TRENDS AND FORECAST OF MOST PROMINENT ECONOMIES      58

6               INDUSTRY TRENDS         59

6.1           SUPPLY CHAIN ANALYSIS             59

6.2           PRICING ANALYSIS          60

6.2.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION, 2023         60

6.2.2        AVERAGE SELLING PRICE TREND, BY REGION, 2021–2029                 61

6.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            62

6.4           ECOSYSTEM ANALYSIS  62

6.5           TECHNOLOGY ANALYSIS             64

6.5.1        KEY TECHNOLOGIES     64

6.5.1.1    Synthetic fluid technology  64

6.5.1.2    Friction modifier technology               65

6.5.2        COMPLEMENTARY TECHNOLOGIES       65

6.5.2.1    Advanced transmission cooling systems           65

6.5.2.2    Additive package technology               65

6.6           CASE STUDY ANALYSIS 66

6.6.1        ECO-FRIENDLY TRANSMISSION FLUIDS: ADDRESSING ENVIRONMENTAL CHALLENGES THROUGH INNOVATION                 66

6.6.2        ENHANCING TRANSMISSION FLUID COOLING EFFICIENCY IN MINI-CHANNEL HEAT EXCHANGERS       66

6.6.3        NON-NEWTONIAN BEHAVIOR OF AUTOMATIC TRANSMISSION FLUID AT

SUB-ZERO CONDITIONS: IMPROVING FILTER DESIGN ACCURACY          67

6.7           TRADE ANALYSIS             67

6.7.1        IMPORT SCENARIO (HS CODE 2710)        67

6.7.2        EXPORT SCENARIO (HS CODE 2710)        68

6.8           REGULATORY LANDSCAPE         69

6.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             70

6.8.2        REGULATORY FRAMEWORK       73

6.8.2.1    American Petroleum Institute (API) Standards for Transmission Fluids     73

6.8.2.2    Association des Constructeurs Européens d’Automobiles (ACEA) Standards for Transmission Fluids    74

6.8.2.3    Japanese Automobile Standards Organization (JASO) Standards for Transmission Fluids      74

6.8.2.4    International Organization for Standardization (ISO) Standards for Transmission Fluids      74

6.8.2.5    EPA and Clean Air Act Standards for Transmission Fluids                 75

6.9           KEY CONFERENCES AND EVENTS, 2025  75

6.10         INVESTMENT AND FUNDING SCENARIO               76

6.11         PATENT ANALYSIS          76

6.11.1      APPROACH         76

6.11.2      PATENT TYPES 76

6.11.3      TOP APPLICANTS            78

6.11.4      JURISDICTION ANALYSIS              80

6.12         IMPACT OF AI/GEN AI ON TRANSMISSION FLUIDS MARKET               81

7               TRANSMISSION FLUIDS MARKET, BY TYPE          83

7.1           INTRODUCTION              84

7.2           AUTOMATIC TRANSMISSION FLUIDS (ATFS)      86

7.2.1        DEVELOPMENTS IN TRANSMISSION FLUID TECHNOLOGY TO DRIVE MARKET          86

7.3           MANUAL TRANSMISSION FLUIDS (MTFS)             87

7.3.1        CONTINUOUS DEMAND FOR COMMERCIAL AND HEAVY-DUTY VEHICLES TO PROPEL MARKET   87

7.4           OTHER TYPES   89

7.4.1        DUAL-CLUTCH TRANSMISSION FLUIDS (DCTFS)                 89

7.4.2        CONTINUOUSLY VARIABLE TRANSMISSION FLUIDS (CVTFS)                90

8               TRANSMISSION FLUIDS MARKET, BY BASE OIL  92

8.1           INTRODUCTION              93

8.2           MINERAL OIL     95

8.2.1        COST-EFFECTIVENESS AND AFFORDABILITY OF MINERAL OILS

TO DRIVE DEMAND        95

8.3           SYNTHETIC OIL                96

8.3.1        COMPATIBILITY OF SYNTHETIC OILS WITH ADVANCED TRANSMISSION TECHNOLOGIES TO BOOST DEMAND  96

8.4           SEMI-SYNTHETIC OIL    98

8.4.1        RISING REQUIREMENT FOR ENHANCING FUEL EFFICIENCY

TO DRIVE DEMAND        98

9               TRANSMISSION FLUIDS MARKET, BY ADDITIVE TYPE                 101

9.1           INTRODUCTION              101

9.2           ANTI-FOAM & ANTI-RUST AGENTS          101

9.3           ANTIOXIDANTS                101

9.4           ANTI-WEAR AGENTS      101

9.5           DISPERSANTS   102

9.6           FRICTION MODIFIERS   102

9.7           POURPOINT DEPRESSANTS        102

10            TRANSMISSION FLUIDS MARKET, BY APPLICATION                 103

10.1         INTRODUCTION              103

10.2         ORIGINAL EQUIPMENT (OE)      103

10.3         AFTERMARKET 103

11            TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY           104

11.1         INTRODUCTION              105

11.2         AUTOMOTIVE   107

11.2.1      INCREASING VEHICLE PRODUCTION AND SALES TO FUEL DEMAND 107

11.2.1.1  Passenger vehicle 107

11.2.1.2  Commercial vehicle              107

11.3         OFF-ROAD VEHICLE       109

11.3.1      GROWING AGRICULTURAL MECHANIZATION TO DRIVE DEMAND               109

11.3.1.1  Construction & mining        109

11.3.1.2  Agriculture             109

12            TRANSMISSION FLUIDS MARKET, BY REGION    112

12.1         INTRODUCTION              113

12.2         ASIA PACIFIC     115

12.2.1      CHINA  121

12.2.1.1  Rising industrial growth to drive market           121

12.2.2      INDIA    122

12.2.2.1  Rising awareness regarding vehicle maintenance to fuel

market growth       122

12.2.3      JAPAN   124

12.2.3.1  Dynamic automotive sector to drive market    124

12.2.4      SOUTH KOREA  125

12.2.4.1  Highly developed manufacturing sector to drive market                 125

12.3         EUROPE               127

12.3.1      GERMANY           132

12.3.1.1  Booming automotive industry to boost demand              132

12.3.2      FRANCE                134

12.3.2.1  Technological advancements in fluid formulations to drive market    134

12.3.3      ITALY    135

12.3.3.1  Popularity of manual transmission vehicles to boost market growth    135

12.3.4      UK          137

12.3.4.1  Growing investments in R&D to propel market              137

12.3.5      SPAIN    138

12.3.5.1  Increasing popularity of automatic transmission vehicles to

drive demand        138

12.4         NORTH AMERICA             140

12.4.1      US           145

12.4.1.1  Continuous population growth and improving living standards

to drive market      145

12.4.2      MEXICO                147

12.4.2.1  Rising demand for aftermarket maintenance services to drive market    147

12.4.3      CANADA               148

12.4.3.1  Industrial expansion to boost demand               148

12.5         MIDDLE EAST & AFRICA                150

12.5.1      IRAN      155

12.5.1.1  Expanding industrial base to drive market       155

12.5.2      SOUTH AFRICA 156

12.5.2.1  Growing mining sector to present immense growth opportunities

for market players 156

12.6         SOUTH AMERICA             158

12.6.1      BRAZIL 163

12.6.1.1  Expanding automotive industry to drive market              163

12.6.2      ARGENTINA       164

12.6.2.1  Growing adoption of modern transmissions to drive market                 164

13            COMPETITIVE LANDSCAPE         166

13.1         OVERVIEW          166

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            166

13.3         MARKET SHARE ANALYSIS           168

13.4         REVENUE ANALYSIS       170

13.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 170

13.5.1      STARS   170

13.5.2      EMERGING LEADERS     170

13.5.3      PERVASIVE PLAYERS      171

13.5.4      PARTICIPANTS 171

13.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         172

13.5.5.1  Company footprint               172

13.5.5.2  Region footprint   173

13.5.5.3  Type footprint       174

13.5.5.4  Base oil footprint  175

13.5.5.5  End-use industry footprint 176

13.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        177

13.6.1      PROGRESSIVE COMPANIES         177

13.6.2      RESPONSIVE COMPANIES            177

13.6.3      DYNAMIC COMPANIES  177

13.6.4      STARTING BLOCKS         177

13.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 178

13.6.5.1  Detailed list of key startups/SMEs    178

13.6.5.2  Competitive benchmarking of key startups/SMEs          179

13.7         BRAND/PRODUCT COMPARISON             179

13.8         COMPANY VALUATION AND FINANCIAL METRICS                 180

13.9         COMPETITIVE SCENARIO             181

13.9.1      PRODUCT LAUNCHES   181

13.9.2      DEALS  182

14            COMPANY PROFILES      184

14.1         KEY PLAYERS     184

14.1.1      EXXON MOBIL CORPORATION  184

14.1.1.1  Business overview 184

14.1.1.2  Products/Solutions/Services offered 185

14.1.1.3  Recent developments           186

14.1.1.3.1                Product launches  186

14.1.1.4  MnM view              187

14.1.1.4.1                Key strengths/Right to win 187

14.1.1.4.2                Strategic choices   187

14.1.1.4.3                Weaknesses/Competitive threats       187

14.1.2      CHEVRON CORPORATION           188

14.1.2.1  Business overview 188

14.1.2.2  Products/Solutions/Services offered 189

14.1.2.3  Recent developments           190

14.1.2.3.1                Product launches  190

14.1.2.4  MnM view              190

14.1.2.4.1                Key strengths/Right to win 190

14.1.2.4.2                Strategic choices   191

14.1.2.4.3                Weaknesses/Competitive threats       191

14.1.3      SHELL PLC          192

14.1.3.1  Business overview 192

14.1.3.2  Products/Solutions/Services offered 193

14.1.3.3  Recent developments           194

14.1.3.3.1                Product launches  194

14.1.3.3.2                Deals      195

14.1.3.4  MnM view              195

14.1.3.4.1                Key strengths/Right to win 195

14.1.3.4.2                Strategic choices   195

14.1.3.4.3                Weaknesses/Competitive threats       195

14.1.4      TOTALENERGIES SE       196

14.1.4.1  Business overview 196

14.1.4.2  Products/Solutions/Services offered 197

14.1.4.3  Recent developments           198

14.1.4.3.1                Product launches  198

14.1.4.3.2                Deals      199

14.1.4.4  MnM view              199

14.1.4.4.1                Key strengths/Right to win 199

14.1.4.4.2                Strategic choices   199

14.1.4.4.3                Weaknesses/Competitive threats       199

14.1.5      BP P.L.C.               200

14.1.5.1  Business overview 200

14.1.5.2  Products/Solutions/Services offered 201

14.1.5.3  Recent developments           202

14.1.5.3.1                Product launches  202

14.1.5.3.2                Deals      203

14.1.5.4  MnM view              203

14.1.5.4.1                Key strengths/Right to win 203

14.1.5.4.2                Strategic choices   203

14.1.5.4.3                Weaknesses/Competitive threats       203

14.1.6      PETROLIAM NASIONAL BERHAD (PETRONAS)   204

14.1.6.1  Business overview 204

14.1.6.2  Products/Solutions/Services offered 205

14.1.6.3  Recent developments           207

14.1.6.3.1                Product launches  207

14.1.7      FUCHS SE             208

14.1.7.1  Business overview 208

14.1.7.2  Products/Solutions/Services offered 209

14.1.7.3  Recent developments           210

14.1.7.3.1                Product launches  210

14.1.8      VALVOLINE INC.               211

14.1.8.1  Business overview 211

14.1.8.2  Products/Solutions/Services offered 212

14.1.9      LUKOIL 213

14.1.9.1  Business overview 213

14.1.9.2  Products/Solutions/Services offered 213

14.1.9.3  Recent developments           214

14.1.9.3.1                Product launches  214

14.1.10   MOTUL 215

14.1.10.1                 Business overview 215

14.1.10.2                 Products/Solutions/Services offered 215

14.2         OTHER PLAYERS              217

14.2.1      ENEOS HOLDINGS, INC.                217

14.2.2      IDEMITSU KOSAN CO., LTD.       218

14.2.3      ENOC COMPANY              219

14.2.4      PETROLEO BRASILEIRO S.A. (PETROBRAS)          220

14.2.5      ENI S.P.A.             221

14.2.6      GAZPROMNEFT-SM LLC                222

14.2.7      GULF OIL INTERNATIONAL LTD.              222

14.2.8      PHILLIPS 66        223

14.2.9      INDIAN OIL CORPORATION LIMITED    224

14.2.10   COSMO OIL LUBRICANTS CO., LTD.        225

14.2.11   HINDUSTAN OIL CORPORATION LIMITED (HPCL)                 226

14.2.12   AMALIE OIL CO.                227

14.2.13   KEMIPEX              228

14.2.14   PETRO-CANADA LUBRICANTS INC.         229

14.2.15   CRP INDUSTRIES INC.    230

15            ADJACENT AND RELATED MARKETS      231

15.1         INTRODUCTION              231

15.2         LIMITATIONS    231

15.3         AUTOMOTIVE TRANSMISSION MARKET                231

15.3.1      MARKET DEFINITION   231

15.3.2      MARKET OVERVIEW       232

15.4         AUTOMOTIVE TRANSMISSION MARKET, BY REGION                 232

16            APPENDIX           236

16.1         DISCUSSION GUIDE        236

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                240

16.3         CUSTOMIZATION OPTIONS        242

16.4         RELATED REPORTS         242

16.5         AUTHOR DETAILS           243

LIST OF TABLES

TABLE 1                TRANSMISSION FLUIDS MARKET: DEFINITION AND INCLUSIONS, BY TYPE         27

TABLE 2                TRANSMISSION FLUIDS MARKET: DEFINITION AND INCLUSIONS, BY BASE OIL 27

TABLE 3                TRANSMISSION FLUIDS MARKET: DEFINITION AND INCLUSIONS, BY ADDITIVE TYPE   28

TABLE 4                TRANSMISSION FLUIDS MARKET: DEFINITION AND INCLUSIONS, BY APPLICATION       28

TABLE 5                TRANSMISSION FLUIDS MARKET: DEFINITION AND INCLUSIONS,

BY END-USE INDUSTRY 29

TABLE 6                TRANSMISSION FLUIDS MARKET: PORTER’S FIVE FORCES ANALYSIS 55

TABLE 7                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE (%)  57

TABLE 8                KEY BUYING CRITERIA, BY TYPE               57

TABLE 9                GDP TRENDS AND FORECAST, BY KEY COUNTRY, 2021–2029 (USD BILLION)      58

TABLE 10              INDICATIVE PRICING ANALYSIS OF TRANSMISSION FLUIDS OFFERED

BY KEY PLAYERS, BY APPLICATION, 2023 (USD/LITER)   61

TABLE 11              AVERAGE SELLING PRICE TREND OF TRANSMISSION FLUIDS, BY REGION,

2021–2029 (USD/LITER) 61

TABLE 12              ROLES OF COMPANIES IN TRANSMISSION FLUIDS ECOSYSTEM       63

TABLE 13              IMPORT DATA FOR HS CODE 2710-COMPLIANT PRODUCTS, BY REGION,

2019–2023 (USD BILLION)             68

TABLE 14              EXPORT DATA FOR HS CODE 2710-COMPLIANT PRODUCTS, BY REGION,

2019–2023 (USD BILLION)             69

TABLE 15              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           70

TABLE 16              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  71

TABLE 17              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           71

TABLE 18              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 72

TABLE 19              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 20              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 21              TRANSMISSION FLUIDS MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025           75

TABLE 22              TRANSMISSION FLUIDS MARKET: FUNDING/INVESTMENT SCENARIO        76

TABLE 23              TRANSMISSION FLUIDS MARKET: PATENT STATUS, 2014–2024           76

TABLE 24              LIST OF MAJOR PATENTS FOR TRANSMISSION FLUIDS, 2014–2024            78

TABLE 25              PATENTS BY FORD GLOBAL TECH LLC, 2014–2024        79

TABLE 26              PATENTS BY HALLIBURTON ENERGY SERVICES INC., 2014–2024  79

TABLE 27              TOP 10 PATENT OWNERS IN US, 2014–2024                 79

TABLE 28              TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)            84

TABLE 29              TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)            85

TABLE 30              TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)       85

TABLE 31              TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)       85

TABLE 32              AUTOMATIC TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET,

BY REGION, 2018–2023 (USD MILLION)   86

TABLE 33              AUTOMATIC TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (USD MILLION)            86

TABLE 34              AUTOMATIC TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2018–2023 (MILLION LITERS)           87

TABLE 35              AUTOMATIC TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (MILLION LITERS)           87

TABLE 36              MANUAL TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2018–2023 (USD MILLION)            88

TABLE 37              MANUAL TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (USD MILLION)            88

TABLE 38              MANUAL TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2018–2023 (MILLION LITERS)           89

TABLE 39              MANUAL TRANSMISSION FLUIDS: TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (MILLION LITERS)           89

TABLE 40             OTHER TYPES: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            90

TABLE 41             OTHER TYPES: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            90

TABLE 42             OTHER TYPES: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       91

TABLE 43             OTHER TYPES: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       91

TABLE 44              TRANSMISSION FLUIDS MARKET, BY BASE OIL, 2018–2023 (USD MILLION)            93

TABLE 45              TRANSMISSION FLUIDS MARKET, BY BASE OIL, 2024–2029 (USD MILLION)            94

TABLE 46              TRANSMISSION FLUIDS MARKET, BY BASE OIL, 2018–2023 (MILLION LITERS)       94

TABLE 47              TRANSMISSION FLUIDS MARKET, BY BASE OIL, 2024–2029 (MILLION LITERS)       94

TABLE 48              MINERAL OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            95

TABLE 49              MINERAL OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            95

TABLE 50              MINERAL OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       96

TABLE 51              MINERAL OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       96

TABLE 52              SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            97

TABLE 53              SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            97

TABLE 54              SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       98

TABLE 55              SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       98

TABLE 56              SEMI-SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            99

TABLE 57              SEMI-SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            99

TABLE 58              SEMI-SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       100

TABLE 59              SEMI-SYNTHETIC OIL: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       100

TABLE 60              TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (USD MILLION)            105

TABLE 61              TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            106

TABLE 62              TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (MILLION LITERS)       106

TABLE 63              TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (MILLION LITERS)       106

TABLE 64              AUTOMOTIVE: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            108

TABLE 65              AUTOMOTIVE: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            108

TABLE 66              AUTOMOTIVE: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       108

TABLE 67              AUTOMOTIVE: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       109

TABLE 68              OFF-ROAD VEHICLE: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (USD MILLION)            110

TABLE 69              OFF-ROAD VEHICLE: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (USD MILLION)            110

TABLE 70              OFF-ROAD VEHICLE: TRANSMISSION FLUIDS MARKET, BY REGION,

2018–2023 (MILLION LITERS)       111

TABLE 71              OFF-ROAD VEHICLE: TRANSMISSION FLUIDS MARKET, BY REGION,

2024–2029 (MILLION LITERS)       111

TABLE 72              TRANSMISSION FLUIDS MARKET, BY REGION, 2018–2023 (USD MILLION)            113

TABLE 73              TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (USD MILLION)            114

TABLE 74              TRANSMISSION FLUIDS MARKET, BY REGION, 2018–2023 (MILLION LITERS)       114

TABLE 75              TRANSMISSION FLUIDS MARKET, BY REGION, 2024–2029 (MILLION LITERS)       114

TABLE 76              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            116

TABLE 77              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            116

TABLE 78              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       116

TABLE 79              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       117

TABLE 80              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (USD MILLION)            117

TABLE 81              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (USD MILLION)            117

TABLE 82              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (MILLION LITERS)       118

TABLE 83              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (MILLION LITERS)       118

TABLE 84              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (USD MILLION)            118

TABLE 85              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            118

TABLE 86              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (MILLION LITERS)       119

TABLE 87              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (MILLION LITERS)       119

TABLE 88              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            119

TABLE 89              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            120

TABLE 90              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (MILLION LITERS)       120

TABLE 91              ASIA PACIFIC: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (MILLION LITERS)       120

TABLE 92              CHINA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                121

TABLE 93              CHINA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                121

TABLE 94              CHINA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          122

TABLE 95              CHINA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          122

TABLE 96              INDIA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                122

TABLE 97              INDIA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                123

TABLE 98              INDIA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          123

TABLE 99              INDIA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          123

TABLE 100            JAPAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                124

TABLE 101            JAPAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                124

TABLE 102            JAPAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          125

TABLE 103            JAPAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          125

TABLE 104            SOUTH KOREA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            125

TABLE 105            SOUTH KOREA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            126

TABLE 106            SOUTH KOREA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       126

TABLE 107            SOUTH KOREA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       126

TABLE 108            EUROPE: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                128

TABLE 109            EUROPE: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                128

TABLE 110            EUROPE: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       128

TABLE 111            EUROPE: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       128

TABLE 112            EUROPE: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (USD MILLION)            129

TABLE 113            EUROPE: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (USD MILLION)            129

TABLE 114            EUROPE: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (MILLION LITERS)       129

TABLE 115            EUROPE: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (MILLION LITERS)       129

TABLE 116            EUROPE: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (USD MILLION)            130

TABLE 117            EUROPE: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            130

TABLE 118            EUROPE: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (MILLION LITERS)       130

TABLE 119            EUROPE: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (MILLION LITERS)       131

TABLE 120            EUROPE: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            131

TABLE 121            EUROPE: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            131

TABLE 122            EUROPE: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (MILLION LITERS)       132

TABLE 123            EUROPE: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (MILLION LITERS)       132

TABLE 124            GERMANY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                133

TABLE 125            GERMANY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                133

TABLE 126            GERMANY: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       133

TABLE 127            GERMANY: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       134

TABLE 128            FRANCE: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                134

TABLE 129            FRANCE: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                134

TABLE 130            FRANCE: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       135

TABLE 131            FRANCE: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       135

TABLE 132            ITALY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                136

TABLE 133            ITALY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                136

TABLE 134            ITALY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          136

TABLE 135            ITALY: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          136

TABLE 136            UK: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)            137

TABLE 137            UK: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)            137

TABLE 138            UK: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)       137

TABLE 139            UK: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)       138

TABLE 140            SPAIN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                138

TABLE 141            SPAIN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                138

TABLE 142            SPAIN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          139

TABLE 143            SPAIN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          139

TABLE 144            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            141

TABLE 145            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            141

TABLE 146            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       141

TABLE 147            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       142

TABLE 148            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (USD MILLION)            142

TABLE 149            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (USD MILLION)            142

TABLE 150            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BASE OIL,

2018–2023 (MILLION LITERS)       143

TABLE 151            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (MILLION LITERS)       143

TABLE 152            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2018–2023 (USD MILLION)                 143

TABLE 153            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 143

TABLE 154            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2018–2023 (MILLION LITERS)                 144

TABLE 155            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2024–2029 (MILLION LITERS)                 144

TABLE 156            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            144

TABLE 157            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            144

TABLE 158            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (MILLION LITERS)       145

TABLE 159            NORTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (MILLION LITERS)       145

TABLE 160            US: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)            146

TABLE 161            US: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)            146

TABLE 162            US: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)       146

TABLE 163            US: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)       146

TABLE 164            MEXICO: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                147

TABLE 165            MEXICO: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                147

TABLE 166            MEXICO: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          148

TABLE 167            MEXICO: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          148

TABLE 168            CANADA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                148

TABLE 169            CANADA: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                149

TABLE 170            CANADA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       149

TABLE 171            CANADA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       149

TABLE 172            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            150

TABLE 173            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            150

TABLE 174            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       151

TABLE 175            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       151

TABLE 176            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (USD MILLION)            151

TABLE 177            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (USD MILLION)            151

TABLE 178            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (MILLION LITERS)       152

TABLE 179            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (MILLION LITERS)       152

TABLE 180            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2018–2023 (USD MILLION)            152

TABLE 181            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            153

TABLE 182            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2018–2023 (MILLION LITERS)                 153

TABLE 183            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY, 2024–2029 (MILLION LITERS)                 153

TABLE 184            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            153

TABLE 185            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            154

TABLE 186            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (MILLION LITERS)       154

TABLE 187            MIDDLE EAST & AFRICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (MILLION LITERS)       154

TABLE 188          IRAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)            155

TABLE 189          IRAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)            155

TABLE 190          IRAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)       156

TABLE 191          IRAN: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)       156

TABLE 192            SOUTH AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            156

TABLE 193            SOUTH AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            157

TABLE 194            SOUTH AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       157

TABLE 195            SOUTH AFRICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       157

TABLE 196            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            158

TABLE 197            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            158

TABLE 198            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       158

TABLE 199            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       159

TABLE 200            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (USD MILLION)            159

TABLE 201            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (USD MILLION)            159

TABLE 202            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2018–2023 (MILLION LITERS)       160

TABLE 203            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY BASE OIL,

2024–2029 (MILLION LITERS)       160

TABLE 204            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (USD MILLION)            160

TABLE 205            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            160

TABLE 206            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2018–2023 (MILLION LITERS)       161

TABLE 207            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY END-USE INDUSTRY,

2024–2029 (MILLION LITERS)       161

TABLE 208            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            161

TABLE 209            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            162

TABLE 210            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2018–2023 (MILLION LITERS)       162

TABLE 211            SOUTH AMERICA: TRANSMISSION FLUIDS MARKET, BY COUNTRY,

2024–2029 (MILLION LITERS)       162

TABLE 212            BRAZIL: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (USD MILLION)                163

TABLE 213            BRAZIL: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)                163

TABLE 214            BRAZIL: TRANSMISSION FLUIDS MARKET, BY TYPE, 2018–2023 (MILLION LITERS)          164

TABLE 215            BRAZIL: TRANSMISSION FLUIDS MARKET, BY TYPE, 2024–2029 (MILLION LITERS)          164

TABLE 216            ARGENTINA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (USD MILLION)            164

TABLE 217            ARGENTINA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (USD MILLION)            165

TABLE 218            ARGENTINA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2018–2023 (MILLION LITERS)       165

TABLE 219            ARGENTINA: TRANSMISSION FLUIDS MARKET, BY TYPE,

2024–2029 (MILLION LITERS)       165

TABLE 220            TRANSMISSION FLUIDS MARKET: OVERVIEW OF MAJOR STRATEGIES

ADOPTED BY KEY PLAYERS, 2019–2024   166

TABLE 221            TRANSMISSION FLUIDS MARKET: DEGREE OF COMPETITION, 2023       168

TABLE 222            TRANSMISSION FLUIDS MARKET: REGION FOOTPRINT       173

TABLE 223            TRANSMISSION FLUIDS MARKET: TYPE FOOTPRINT       174

TABLE 224            TRANSMISSION FLUIDS MARKET: BASE OIL FOOTPRINT       175

TABLE 225            TRANSMISSION FLUIDS MARKET: END-USE INDUSTRY FOOTPRINT 176

TABLE 226            TRANSMISSION FLUIDS MARKET: DETAILED LIST OF KEY STARTUPS/SMES   178

TABLE 227            TRANSMISSION FLUIDS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              179

TABLE 228            TRANSMISSION FLUIDS MARKET: PRODUCT LAUNCHES,

JANUARY 2020–DECEMBER 2024 181

TABLE 229            TRANSMISSION FLUIDS MARKET: DEALS, JANUARY 2020–DECEMBER 2024 182

TABLE 230            EXXON MOBIL CORPORATION: COMPANY OVERVIEW          184

TABLE 231            EXXON MOBIL CORPORATION.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 232            EXXON MOBIL CORPORATION: PRODUCT LAUNCHES          186

TABLE 233            CHEVRON CORPORATION: COMPANY OVERVIEW          188

TABLE 234            CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    189

TABLE 235            CHEVRON CORPORATION: PRODUCT LAUNCHES          190

TABLE 236            SHELL PLC: COMPANY OVERVIEW           192

TABLE 237            SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             193

TABLE 238            SHELL PLC: PRODUCT LAUNCHES           194

TABLE 239            SHELL PLC: DEALS          195

TABLE 240            TOTALENERGIES SE: COMPANY OVERVIEW                 196

TABLE 241            TOTALENERGIES SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    197

TABLE 242            TOTALENERGIES SE: PRODUCT LAUNCHES                 198

TABLE 243            TOTALENERGIES SE: DEALS       199

TABLE 244            BP P.L.C.: COMPANY OVERVIEW                200

TABLE 245            BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             201

TABLE 246            BP P.L.C.: PRODUCT LAUNCHES                202

TABLE 247            BP P.L.C.: DEALS               203

TABLE 248            PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW   204

TABLE 249            PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCTS/SOLUTIONS/

SERVICES OFFERED        205

TABLE 250            PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCT LAUNCHES   207

TABLE 251            FUCHS SE: COMPANY OVERVIEW             208

TABLE 252            FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             209

TABLE 253            FUCHS SE: PRODUCT LAUNCHES             210

TABLE 254            VALVOLINE INC.: COMPANY OVERVIEW                 211

TABLE 255            VALVOLINE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    212

TABLE 256            LUKOIL: COMPANY OVERVIEW 213

TABLE 257            LUKOIL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             213

TABLE 258            LUKOIL: PRODUCT LAUNCHES 214

TABLE 259            MOTUL: COMPANY OVERVIEW 215

TABLE 260            MOTUL: PRODUCTS/SOLUTIONS/SERVICES OFFERED             215

TABLE 261            ENEOS HOLDINGS, INC.: COMPANY OVERVIEW                 217

TABLE 262            IDEMITSU KOSAN CO., LTD.: COMPANY OVERVIEW          218

TABLE 263            ENOC COMPANY: COMPANY OVERVIEW                 219

TABLE 264            PETROLEO BRASILEIRO S.A. (PETROBRAS): COMPANY OVERVIEW   220

TABLE 265            ENI S.P.A.: COMPANY OVERVIEW              221

TABLE 266            GAZPROMNEFT-SM LLC: COMPANY OVERVIEW                 222

TABLE 267            GULF OIL INTERNATIONAL LTD.: COMPANY OVERVIEW          222

TABLE 268            PHILLIPS 66: COMPANY OVERVIEW         223

TABLE 269            INDIAN OIL CORPORATION LIMITED: COMPANY OVERVIEW   224

TABLE 270            COSMO OIL LUBRICANTS CO., LTD.: COMPANY OVERVIEW          225

TABLE 271            HINDUSTAN OIL CORPORATION LIMITED (HPCL): COMPANY OVERVIEW  226

TABLE 272            AMALIE OIL CO.: COMPANY OVERVIEW                 227

TABLE 273            KEMIPEX: COMPANY OVERVIEW               228

TABLE 274            PETRO-CANADA LUBRICANTS INC.: COMPANY OVERVIEW          229

TABLE 275            CRP INDUSTRIES INC.: COMPANY OVERVIEW                 230

TABLE 276            EUROPE: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2018–2022 (USD MILLION)            232

TABLE 277            EUROPE: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            233

TABLE 278            NORTH AMERICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2018–2022 (USD MILLION)            233

TABLE 279            NORTH AMERICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            233

TABLE 280            ASIA PACIFIC: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2018–2022 (USD MILLION)            234

TABLE 281            ASIA PACIFIC: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            234

TABLE 282            LATIN AMERICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2018–2022 (USD MILLION)            234

TABLE 283            LATIN AMERICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY,

2023–2028 (USD MILLION)            235

TABLE 284            MIDDLE EAST & AFRICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            235

TABLE 285            MIDDLE EAST & AFRICA: AUTOMOTIVE TRANSMISSION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)            235

LIST OF FIGURES

FIGURE 1              TRANSMISSION FLUIDS MARKET: SEGMENTATION AND REGIONAL SCOPE              26

FIGURE 2              TRANSMISSION FLUIDS MARKET: RESEARCH DESIGN                31

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS     35

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP

(SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS                 35

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP

(DEMAND SIDE)               36

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4—TOP-DOWN         36

FIGURE 7              TRANSMISSION FLUIDS MARKET: DATA TRIANGULATION             38

FIGURE 8              MARKET CAGR PROJECTIONS FROM SUPPLY SIDE      39

FIGURE 9              MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS

AND OPPORTUNITIES   40

FIGURE 10            AUTOMATIC TRANSMISSION FLUIDS SEGMENT HELD LARGEST

MARKET SHARE IN 2023 43

FIGURE 11            SYNTHETIC OIL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       43

FIGURE 12            AUTOMOTIVE SEGMENT TO LEAD TRANSMISSION FLUIDS MARKET

DURING FORECAST PERIOD       44

FIGURE 13            ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF TRANSMISSION

FLUIDS MARKET IN 2023                44

FIGURE 14            RISING DEMAND FOR PASSENGER AND COMMERCIAL VEHICLES

TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              46

FIGURE 15            ASIA PACIFIC TO BE LARGEST TRANSMISSION FLUIDS MARKET DURING

FORECAST PERIOD         46

FIGURE 16            AUTOMOTIVE SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES

OF ASIA PACIFIC TRANSMISSION FLUIDS MARKET IN 2023                 47

FIGURE 17            AUTOMATIC TRANSMISSION FLUIDS SEGMENT DOMINATED NORTH AMERICAN TRANSMISSION FLUIDS MARKET IN 2023                47

FIGURE 18            SOUTH AFRICA TO BE FASTEST-GROWING TRANSMISSION FLUIDS

MARKET DURING FORECAST PERIOD    48

FIGURE 19            TRANSMISSION FLUIDS MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     49

FIGURE 20            SALES OF NEW VEHICLES, BY REGION, 2019–2023 (MILLION UNITS)             50

FIGURE 21            TRANSMISSION FLUIDS MARKET: PORTER’S FIVE FORCES ANALYSIS 54

FIGURE 22            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE          56

FIGURE 23            KEY BUYING CRITERIA, BY TYPE               57

FIGURE 24            TRANSMISSION FLUIDS MARKET: SUPPLY CHAIN ANALYSIS              59

FIGURE 25            AVERAGE SELLING PRICE TREND OF TRANSMISSION FLUIDS OFFERED

BY KEY PLAYERS, BY APPLICATION, 2023 (USD/LITER)   60

FIGURE 26            AVERAGE SELLING PRICE TREND OF TRANSMISSION FLUIDS,

BY REGION, 2021–2029 (USD/LITER)        61

FIGURE 27            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   62

FIGURE 28            TRANSMISSION FLUIDS MARKET: ECOSYSTEM ANALYSIS            63

FIGURE 29            IMPORT DATA RELATED TO HS CODE 2710-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD BILLION)      68

FIGURE 30            EXPORT DATA RELATED TO HS CODE 2710-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD BILLION)      69

FIGURE 31            PATENTS REGISTERED RELATED TO TRANSMISSION FLUIDS, 2014–2024            77

FIGURE 32            TOP PATENT OWNERS DURING LAST 11 YEARS, 2014–2024              77

FIGURE 33            LEGAL STATUS OF PATENTS FILED FOR TRANSMISSION FLUIDS, 2014–2024            80

FIGURE 34           MAXIMUM PATENTS FILED IN US JURISDICTION, 2014–2024              80

FIGURE 35            IMPACT OF AI/GEN AI ON TRANSMISSION FLUIDS MARKET               82

FIGURE 36            AUTOMATIC TRANSMISSION FLUIDS SEGMENT TO HOLD LARGEST

MARKET SHARE IN 2024 84

FIGURE 37            SYNTHETIC OIL SEGMENT TO HOLD LARGEST SHARE OF

TRANSMISSION FLUIDS MARKET IN 2024               93

FIGURE 38            AUTOMOTIVE SEGMENT TO LEAD TRANSMISSION FLUIDS MARKET IN 2024               105

FIGURE 39            ASIA PACIFIC TO BE LARGEST MARKET FOR TRANSMISSION FLUIDS IN 2024 113

FIGURE 40            ASIA PACIFIC: TRANSMISSION FLUIDS MARKET SNAPSHOT          115

FIGURE 41            EUROPE: TRANSMISSION FLUIDS MARKET SNAPSHOT          127

FIGURE 42            NORTH AMERICA: TRANSMISSION FLUIDS MARKET SNAPSHOT       140

FIGURE 43            TRANSMISSION FLUIDS MARKET SHARE ANALYSIS, 2023  168

FIGURE 44            TRANSMISSION FLUIDS MARKET: REVENUE ANALYSIS OF

KEY PLAYERS, 2019–2023 (USD MILLION)               170

FIGURE 45            TRANSMISSION FLUIDS MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2023     171

FIGURE 46            TRANSMISSION FLUIDS MARKET: COMPANY FOOTPRINT       172

FIGURE 47            TRANSMISSION FLUIDS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 178

FIGURE 48            TRANSMISSION FLUIDS MARKET: BRAND/PRODUCT COMPARISON             179

FIGURE 49            TRANSMISSION FLUIDS MARKET: EV/EBITDA OF KEY MANUFACTURERS           180

FIGURE 50            TRANSMISSION FLUIDS MARKET: ENTERPRISE VALUATION OF

KEY PLAYERS (USD BILLION)     181

FIGURE 51            EXXON MOBIL CORPORATION: COMPANY SNAPSHOT          185

FIGURE 52            CHEVRON CORPORATION: COMPANY SNAPSHOT          189

FIGURE 53            SHELL PLC: COMPANY SNAPSHOT           193

FIGURE 54            TOTALENERGIES SE: COMPANY SNAPSHOT                 197

FIGURE 55            BP P.L.C.: COMPANY SNAPSHOT               201

FIGURE 56            PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT   205

FIGURE 57            FUCHS SE: COMPANY SNAPSHOT             209

FIGURE 58            VALVOLINE INC.: COMPANY SNAPSHOT                 211。