Pune, India -- (SBWIRE) -- 07/17/2018 -- Global Transmission Fluids Market 2018 Industry report gives a brief summary of definitions, applications, types and leading key players of Global Transmission Fluids Market industry. It provides complete, professional, and extensive analysis of Global Transmission Fluids Market. key trends, market drivers, standardization, deployment models, challenges, opportunities, circumstances and business competition design is also discussed in the report.

Global Transmission Fluids Market report offers a comprehensive valuation of the market. It does so via in-depth comprehensions, appreciative market growth by following past developments, and analyzing the present situation and future forecasts based on progressive and likely states.

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Global Transmission Fluids Market accounted for USD 6.50 billion in 2016 and is projected to grow at a CAGR of 4.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Competitors:

- Afton Chemical Corporation,
- Amsoil Inc.,
- BASF SE,
- BP PLC.,
- Chevron Corporation,
- Evonik Industries AG,
- Exxon Mobil Corporation,
- Fuchs Petrolub SE,
- Gulf Oil Corporation,
- Idemitsu Kosan Co. Ltd.,
- Lukoil,
- Millers Oil,
- Pennzoil,
- Petrochina Company Limited,
- Petroliam Nasional Berhad,
- Royal Dutch Shell PLC.,
- Sinopec Limited,
- The Lubrizol Corporation,
- Total S.A.,
- Valvoline (U.S.)

Transmission fluid is used in vehicles with self-shifting or automatic transmissions. It is typically colored red or green to distinguish it from motor oil and other fluids in the vehicle. The latest trend in this market is growing automotive industry in Asia-Pacific and technological advancements in this sector.

Top Countries Covered in this Report:-

- U.S
- Canada
- Germany
- France
- U.K.
- Netherlands
- Switzerland
- Turkey
- Russia
- China
- India
- South Korea
- Japan
- Australia
- Singapore
- Saudi Arabia
- South Africa and
- Brazil

Major Market Drivers and Restraint:

- Growing automotive industry in Asia-Pacific
- Technological advancements in the passenger vehicles sector
- Market saturation of passenger vehicles in North America

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Market Segmentation:

On The Basis Of Type: - automatic transmission fluid, manual transmission fluid and others.

On The Basis Of Base Oil: - mineral oil, synthetic oil, and semi-synthetic oil.

On The Basis Of End-User: - automotive and off-road vehicle. The automotive is sub segmented into Passenger Vehicle, Commercial Vehicle. The off-road vehicle is sub segmented into construction & mining and agriculture.

On The Basis Of Geography, the transmission fluids market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Competitive Landscape:

The global transmission fluids market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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