Automotive Transmission Fluid Market Key Players, Trends,
Growth Opportunities and Industry Forecast till 2025
“The factors that drive this Automotive Transmission Fluid
Market include rising attraction and adoption of
transmission at the global scale; which has resulted in
better consumer experience, growing use of automotive
transmission fluid, environment-friendly ATF, and rise in
number of zero-carbon emission vehicles”
Global automotive transmission fluid market is expected to witness rapid growth in the years to come
owing to the developing automotive sector in emerging regions; which has resulted in high use of
lubricants. Transmission fluid is essentially used to lubricate a car’s components to offer optimum
performance. It cleans & guard wear and tear of metal surfaces, improves the cooling, and decreases
operation of high temperatures and enhances temperature range and rotational speed. Owing to these
benefits and attractions of newer technologies in the automotive segment, automotive transmission fluid
market is expected to grow at a CAGR of 4.30%.
The factors that drive this market include rising attraction and adoption of transmission at the global scale;
which has resulted in better consumer experience, growing use of automotive transmission fluid,
environment-friendly ATF, and rise in number of zero-carbon emission vehicles. However, low awareness
among the emerging economies is expected to hamper the market growth.
Rising attraction toward the advantages offered by technologically improved products is expected to bring
opportunities to the automotive transmission fluid market. Moreover, rise in demand for heavy-duty
vehicles that are used for building and agriculture activities are the trends observed in automotive
transmission fluid market.