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PUBLISHER: IMARC | PRODUCT CODE: 1378950
PUBLISHER: IMARC | PRODUCT CODE: 1378950
Transmission Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 138 Pages
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Abstract
The global transmission fluids market size reached US$ 7.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2022-2028.
Transmission fluid refers to a lubricant to facilitate speed and torque conversions from the engine to the wheels for optimum performance. The fluid lubricates the bearings and metallic components in the gearbox of the automobile and prevents them from wear and tear. Some of the commonly used transmission fluids include automatic, manual, specialty and synthetic transmission fluids. In comparison to the traditionally used lubricants, transmission fluids offer superior oxidation, thermal stability, minimal deposit formation, high viscosity index, resistance against rust and corrosion and compatibility with elastomers. As a result, they find extensive applications in passenger cars, construction vehicles and agricultural machinery to deliver optimum on-road performance and provide wear protection to transmission components.
The growing automotive industry across the globe represents one of the key factors creating a positive outlook on the market. Furthermore, shifting consumer preferences, along with the increasing demand for improved vehicle performance and reliability, is also driving the market growth. In line with this, transmission fluids are also used in off-road vehicles for improved valve operation, brake band friction and torque conversion. Additionally, various product innovations, such as the development of environment-friendly transmission fluids fortified with anti-wear additives and stable viscosity enhancers, are acting as other growth-inducing factors. These additives prevent oil film breakdown, provide a seamless gear shift mechanism and optimize the fuel economy of the vehicle. Other factors, including the rising expenditure capacities of the consumers, along with the utilization of transmission fluids as coolants in automobiles with automatic transmission, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global transmission fluids market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, base oil and application.
Breakup by Type:
Automatic Transmission Fluid
Manual Transmission Fluid
Others
Breakup by Base Oil:
Mineral Oil
Synthetic Oil
Semi-synthetic Oil
Breakup by Application:
Passenger and Commercial Vehicles
Off-Road Vehicles
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amsoil Inc., BASF SE, BP P.L.C., Chevron Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, Lubrizol Corporation, LukOil, PetroChina Company Limited (China National Petroleum Corporation), Petroliam Nasional Berhad, Royal Dutch Shell Plc and Total SE.
Key Questions Answered in This Report
- 1. What was the size of the global transmission fluids market in 2022?
- 2. What is the expected growth rate of the global transmission fluids market during 2023-2028?
- 3. What has been the impact of COVID-19 on the global transmission fluids market?
- 4. What are the key factors driving the global transmission fluids market?
- 5. What is the breakup of the global transmission fluids market based on the type?
- 6. What is the breakup of the global transmission fluids market based on the base oil?
- 7. What is the breakup of the global transmission fluids market based on the application?
- 8. What are the key regions in the global transmission fluids market?
- 9. Who are the key players/companies in the global transmission fluids market?
Product Code: SR112023A3500
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Transmission Fluids Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Automatic Transmission Fluid
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Manual Transmission Fluid
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Base Oil
- 7.1 Mineral Oil
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Synthetic Oil
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Semi-synthetic Oil
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Passenger and Commercial Vehicles
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Off-Road Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amsoil Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 BASF SE
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 BP P.L.C.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Chevron Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Exxon Mobil Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Fuchs Petrolub SE
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Lubrizol Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 LukOil
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 PetroChina Company Limited (China National Petroleum Corporation)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Petroliam Nasional Berhad
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 SWOT Analysis
- 14.3.11 Royal Dutch Shell Plc
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Total SE
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Amsoil Inc.
Product Code: SR112023A3500
List of Figures
- Figure 1: Global: Transmission Fluids Market: Major Drivers and Challenges
- Figure 2: Global: Transmission Fluids Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Transmission Fluids Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Transmission Fluids Market: Breakup by Type (in %), 2022
- Figure 5: Global: Transmission Fluids Market: Breakup by Base Oil (in %), 2022
- Figure 6: Global: Transmission Fluids Market: Breakup by Application (in %), 2022
- Figure 7: Global: Transmission Fluids Market: Breakup by Region (in %), 2022
- Figure 8: Global: Transmission Fluids (Automatic Transmission Fluid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Transmission Fluids (Automatic Transmission Fluid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Transmission Fluids (Manual Transmission Fluid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Transmission Fluids (Manual Transmission Fluid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Transmission Fluids (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Transmission Fluids (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Transmission Fluids (Mineral Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Transmission Fluids (Mineral Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Transmission Fluids (Synthetic Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Transmission Fluids (Synthetic Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Transmission Fluids (Semi-synthetic Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Transmission Fluids (Semi-synthetic Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Transmission Fluids (Passenger and Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Transmission Fluids (Passenger and Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Transmission Fluids (Off-Road Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Transmission Fluids (Off-Road Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Transmission Fluids Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Transmission Fluids Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Transmission Fluids Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Transmission Fluids Industry: SWOT Analysis
- Figure 74: Global: Transmission Fluids Industry: Value Chain Analysis
- Figure 75: Global: Transmission Fluids Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Transmission Fluids Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Transmission Fluids Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Transmission Fluids Market Forecast: Breakup by Base Oil (in Million US$), 2023-2028
- Table 4: Global: Transmission Fluids Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Transmission Fluids Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Transmission Fluids Market: Competitive Structure
- Table 7: Global: Transmission Fluids Market: Key Players
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