by on October 17, 2023
Market Summary: The global transmission fluids market reached a valuation of USD 7.62 billion in 2022, and it is projected to grow to USD 11.82 billion by 2032, exhibiting a revenue compound annual growth rate (CAGR) of 5% during the forecast period. One of the primary drivers of revenue growth in the transmission fluids market is the increasing demand for vehicles equipped with automatic transmissions. The surge in popularity of Sport Utility Vehicles (SUVs) and luxury automobiles, along wit...
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