The transmission fluid market size estimated to be around USD 8.63 billion in 2024 is expected to reach approximately USD 11.85 billion by 2033 at a CAGR of 3.59% during 2024-2033. The growth can be attributed to increasing vehicle production, advancements in automatic transmission systems, and growing demand for high-performance fluids that will ensure smooth gear shift and enhance the efficiency of vehicles. As technology evolves, the focus on synthetic and eco-friendly transmission fluids is gaining traction, further boosting market growth.