The Global Transmission Fluids Market was valued at US$ 3290.7 Million in 2023 and is projected to reach US$ 4870.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period. This sustained growth is fueled by the expanding global automotive fleet, the increasing complexity of transmission systems, and the accelerated shift toward high-performance synthetic and low-viscosity fluids that enhance fuel efficiency and meet stringent environmental regulations.

As automotive technology evolves with the rise of electric vehicles and advanced automatic transmissions, the demand for specialized lubricants has never been greater. In this blog, we profile the Top 10 Companies in the Transmission Fluids Industry—a group of chemical giants, lubricant specialists, and additive innovators shaping the future of vehicle powertrain performance and durability.

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🔟 1. Shell plc

Headquarters: London, United Kingdom
Key Offering: Shell Spirax, Shell ATF, Synthetic Transmission Fluids

Shell is the global market leader in transmission fluids, holding approximately 28% of the market share. Its extensive portfolio includes fluids for automatic transmissions (ATF), manual transmissions, and dual-clutch systems, serving both original equipment manufacturers (OEMs) and the aftermarket globally.

Innovation Focus:

• Development of low-viscosity ATFs for improved fuel economy

• Dedicated fluids for hybrid and electric vehicle transmissions

• Global supply chain ensuring product availability across continents

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Transmission Fluids Market – View in Detailed Research Report

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9️⃣ 2. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Mobil ATF, Synthetic Lubricants

ExxonMobil is a dominant force in the lubricants industry, with its Mobil-branded transmission fluids being specified by numerous global automobile manufacturers. The company invests heavily in research to develop fluids that extend transmission life and improve performance under extreme conditions.

Innovation Focus:

• Advanced additive technology for superior oxidation stability

• Fluids compatible with high-stress continuously variable transmissions (CVT)

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8️⃣ 3. BP plc

Headquarters: London, United Kingdom
Key Offering: Castrol ATF, Syntrans

BP, through its Castrol brand, is a leading supplier of transmission fluids known for their high performance and technical expertise. Castrol products are used by major racing teams and OE partners, underscoring their reliability and performance under demanding conditions.

Innovation Focus:

• Synthetic transmission fluids for extended drain intervals

• Partnering with OEMs on co-engineered fluid specifications

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7️⃣ 4. TotalEnergies SE

Headquarters: Paris, France
Key Offering: Total Transmission Fluid, Fluids EV

TotalEnergies is a key player in the European market and beyond, offering a comprehensive range of transmission fluids. The company is actively developing solutions for the evolving needs of the automotive industry, including specific products for electric vehicle reduction gears.

Innovation Focus:

• Development of thermally stable fluids for dual-clutch transmissions

• Focus on bio-based and environmentally acceptable lubricants (EALs)

Download FREE Sample Report:
Transmission Fluids Market – View in Detailed Research Report

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6️⃣ 5. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Offering: Chevron ATF, Havoline, Texaco

Chevron offers a robust portfolio of transmission fluids under its well-known brands. The company’s strong presence in North America and Asia-Pacific, combined with its technical expertise, makes it a critical supplier to both the automotive and heavy-duty vehicle sectors.

Innovation Focus:

• High-performance fluids for commercial vehicle automatic transmissions

• Investment in additive package development for enhanced shear stability

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5️⃣ 6. FUCHS Petrolub SE

Headquarters: Mannheim, Germany
Key Offering: Titan ATF, Synthetic Specialist Oils

FUCHS is a leading independent lubricant manufacturer with a strong focus on specialty products. The company is renowned for its high-quality transmission fluids tailored for specific OEM requirements, particularly in the European market.

Innovation Focus:

• OE-approved fluids for premium European automobile brands

• Customized solutions for industrial and off-highway applications

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4️⃣ 7. Valvoline Inc.

Headquarters: Lexington, Kentucky, USA
Key Offering: Valvoline ATF, MaxLife, SynPower

Valvoline has a strong heritage in the automotive aftermarket and is a trusted name among consumers and professional installers. The company offers a wide range of transmission fluids, including synthetic blends and high-mileage formulas.

Innovation Focus:

• High-mileage transmission fluids with seal conditioners

• Expansion of full synthetic offerings for modern transmissions

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3️⃣ 8. Idemitsu Kosan Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Idemitsu ATF, Lubricants

Idemitsu is a major Japanese petroleum company with a significant share of the Asian transmission fluid market. It has strong partnerships with Japanese automotive OEMs and supplies factory-fill fluids for many vehicles produced in the region.

Innovation Focus:

• Development of fluids meeting specific JASO and OEM specifications

• Focus on electrification and thermal management fluids

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2️⃣ 9. PetroChina Company Limited

Headquarters: Beijing, China
Key Offering: Kunlun Lubricants, Transmission Oils

As one of China’s largest oil producers, PetroChina has a dominant position in the domestic transmission fluids market through its Kunlun brand. The company is crucial for supplying the world’s largest automotive market.

Innovation Focus:

• Catering to the specific needs of the massive Chinese automotive industry

• Cost-effective solutions for emerging markets

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1️⃣ 10. Afton Chemical Corporation

Headquarters: Richmond, Virginia, USA
Key Offering: Transmission Fluid Additives, Functional Packages

Afton Chemical is a critical player not as a fluid marketer, but as a leading supplier of the advanced additive packages that define modern transmission fluid performance. Its products are used by many of the lubricant manufacturers listed above.

Innovation Focus:

• Developing next-generation friction modifiers and viscosity index improvers

• Collaborative R&D with OEMs and lubricant companies on new specifications

Get Full Report Here:
Transmission Fluids Market – View in Detailed Research Report

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🌍 Outlook: The Future of Transmission Fluids Is Smarter and More Specialized

The transmission fluids market is undergoing a significant transformation. While conventional mineral oils still have their place, the industry is rapidly advancing toward synthetic formulations, lower viscosities, and fluids specifically engineered for new powertrain technologies.

📈 Key Trends Shaping the Market:

• Rising demand for low-viscosity ATFs to improve fuel economy and reduce emissions

• Development of dedicated fluids for electric vehicle transmissions and e-axles

• Increasing complexity of automatic transmissions (CVT, DCT) requiring specialized fluids

• Stringent global regulations pushing for longer drain intervals and higher performance

Get Full Report Here:
Transmission Fluids Market – View in Detailed Research Report

The companies listed above are not only supplying essential lubricants—they are enabling the technological evolution of the global automotive industry.