| Product Code: ETC5688261 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to rely heavily on transmission fluid imports, with top suppliers being Germany, Metropolitan France, Netherlands, Sweden, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong Compound Annual Growth Rate (CAGR) of 8.67% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024. This suggests a stable market with potential for continued growth in the transmission fluids sector, albeit with some fluctuations in the near term.

The transmission fluids market in Belgium is growing, driven by the automotive sector`s demand for efficient lubrication solutions. Transmission fluids are essential for the smooth operation of automatic and manual transmissions, enhancing performance and longevity.
The transmission fluids market in Belgium is driven by the need for lubricants that enhance the performance and longevity of vehicle transmission systems. Transmission fluids provide lubrication, cooling, and protection for gears and other components in automatic and manual transmissions. The growth in the automotive industry, advancements in transmission fluid formulations, and the increasing focus on improving vehicle performance and efficiency drive market demand. Additionally, the rise in vehicle maintenance and repair activities supports the expansion of the transmission fluids market.
The transmission fluids market encounters challenges such as managing the cost and performance of fluids used in vehicle transmissions. Transmission fluids are crucial for ensuring smooth and efficient operation, but their development and production involve significant investment in research and technology. The market must navigate competition from alternative fluids and address regulatory requirements related to environmental impact and safety. Additionally, continuous innovation and adaptation to evolving automotive technologies are essential.
Belgiums policies on the transmission fluids market focus on product safety, performance, and environmental impact. Regulations cover aspects such as fluid composition, performance standards, and recycling. The government supports the use of high-quality transmission fluids that meet safety and performance standards while promoting environmentally friendly practices in fluid disposal and recycling.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Transmission Fluids Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Transmission Fluids Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Transmission Fluids Market - Industry Life Cycle |
3.4 Belgium Transmission Fluids Market - Porter's Five Forces |
3.5 Belgium Transmission Fluids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Transmission Fluids Market Revenues & Volume Share, By Base Oil, 2021 & 2031F |
3.7 Belgium Transmission Fluids Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Belgium Transmission Fluids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automatic transmission vehicles in Belgium |
4.2.2 Growing industrial activities and manufacturing sector in the country |
4.2.3 Rising awareness about the importance of regular maintenance of transmission systems |
4.3 Market Restraints |
4.3.1 Environmental concerns leading to a shift towards electric vehicles |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Stringent regulations regarding emissions and fuel efficiency standards |
5 Belgium Transmission Fluids Market Trends |
6 Belgium Transmission Fluids Market Segmentations |
6.1 Belgium Transmission Fluids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Transmission Fluids Market Revenues & Volume, By Automatic Transmission Fluid/ATF, 2021-2031F |
6.1.3 Belgium Transmission Fluids Market Revenues & Volume, By Manual Transmission Fluid/MTF, 2021-2031F |
6.1.4 Belgium Transmission Fluids Market Revenues & Volume, By CVT, 2021-2031F |
6.1.5 Belgium Transmission Fluids Market Revenues & Volume, By DCT, 2021-2031F |
6.2 Belgium Transmission Fluids Market, By Base Oil |
6.2.1 Overview and Analysis |
6.2.2 Belgium Transmission Fluids Market Revenues & Volume, By Mineral, 2021-2031F |
6.2.3 Belgium Transmission Fluids Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2.4 Belgium Transmission Fluids Market Revenues & Volume, By Semi-Synthetic, 2021-2031F |
6.3 Belgium Transmission Fluids Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Belgium Transmission Fluids Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Belgium Transmission Fluids Market Revenues & Volume, By Off-Road Vehicle, 2021-2031F |
7 Belgium Transmission Fluids Market Import-Export Trade Statistics |
7.1 Belgium Transmission Fluids Market Export to Major Countries |
7.2 Belgium Transmission Fluids Market Imports from Major Countries |
8 Belgium Transmission Fluids Market Key Performance Indicators |
8.1 Average age of vehicles in Belgium |
8.2 Number of new car registrations with automatic transmission |
8.3 Industrial production index in Belgium |
9 Belgium Transmission Fluids Market - Opportunity Assessment |
9.1 Belgium Transmission Fluids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Transmission Fluids Market Opportunity Assessment, By Base Oil, 2021 & 2031F |
9.3 Belgium Transmission Fluids Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Belgium Transmission Fluids Market - Competitive Landscape |
10.1 Belgium Transmission Fluids Market Revenue Share, By Companies, 2024 |
10.2 Belgium Transmission Fluids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |