Automotive Gear Oil Market to Reach US$ 5.01 Billion by 2034

The global automotive gear oil market is projected to grow significantly over the next decade, reaching US$ 5.01 billion by 2034. This growth is driven by increasing vehicle sales, rising expenditure on vehicle maintenance, and the growing adoption of automatic transmissions. The market is also influenced by stricter environmental regulations, leading to increased demand for high-quality gear oils that enhance vehicle efficiency and performance.

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