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The market is categorized on the basis of product types, classification, application, and geography. On the
basis of product types, market is divided into manual transmission fluid, continuously variable transmission
fluid, automatic transmission fluid, dual clutch transmission fluid, and others. The market is expected to grow
at a faster rate since they offer better comfort and are increasingly adopted by manufacturers.
Based on classification, market is divided into mineral oil, synthetic oil and others. Synthetic oil segment is
gaining attraction by manufacturers and are being highly adopted. Based on application, market is bifurcated
into automotive (commercial and passenger vehicle) and off-road vehicles (construction, mining,
agriculture). Automotive segment leads automotive transmission fluid market due to increase in demand for
passenger vehicles from emerging as well as developed economies.
Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East
& Africa. Asia Pacific is anticipated to dominate the market owing to increase in demand for the automotive
and developing automotive sector. The major players in automotive transmission fluid market comprise BP,
Shell, Chevron, Exxon Mobil and Valvoline.
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Market Segment:
Key Region
• United States
• Europe
• China
• Japan
• Other Regions
Key Players
• BP
• Chevron
• Exxon Mobil
• Shell
• Valvoline