Manual Transmission Fluid Sales

Manual Transmission Fluid Sales Market Outlook

The global manual transmission fluid market is estimated to reach a value of approximately USD 5 billion by 2035, with a compound annual growth rate (CAGR) of around 4.5% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for manual transmission vehicles in emerging economies, where the affordability and efficiency of manual vehicles are highly appreciated. Additionally, the rise in the automotive industry, coupled with advancements in fluid technology, contributes significantly to market expansion. The urgency for enhanced vehicle performance and fuel efficiency is also steering the market forward, as manufacturers focus on developing superior fluid formulations for manual transmissions. Furthermore, the growing trend of vehicle maintenance and the rising awareness regarding the importance of using quality transmission fluids among vehicle owners play an essential role in propelling the market's growth.

Growth Factor of the Market

The growth of the manual transmission fluid market can be attributed to several interconnected factors. One of the primary growth drivers is the steady demand for manual transmission vehicles, particularly in regions where economical vehicles form the majority of the automotive market. The increasing awareness among consumers about the benefits of regular maintenance and the role of quality fluids in extending vehicle longevity is gaining traction. Additionally, advancements in fluid formulations, such as the introduction of high-performance and specialty fluids, are attracting automotive manufacturers aiming for optimal vehicle performance and efficiency. Moreover, the rising trend of sustainability is pushing manufacturers to develop environmentally friendly fluids that comply with regulatory standards, further enhancing market prospects. Finally, the burgeoning automotive aftermarket sector, which places a high demand for reliable transmission fluids, complements the overall growth trajectory of this market.

Key Highlights of the Market

• The manual transmission fluid market is projected to reach USD 5 billion by 2035.
• The market is expected to grow at a CAGR of 4.5% from 2025 to 2035.
• There is an increasing demand for high-performance and specialty fluids among automotive manufacturers.
• The growing awareness of vehicle maintenance is positively impacting fluid sales.
• The automotive aftermarket sector plays a significant role in driving the demand for manual transmission fluids.

By Product Type

Mineral-based:

Mineral-based manual transmission fluids are derived from refined crude oil and are one of the most commonly used types in various vehicles. These fluids provide adequate lubrication and protection for manual transmissions, making them a popular choice among consumers who prioritize cost-effectiveness. Their formulation typically includes various additives that enhance performance, such as anti-wear agents and oxidation inhibitors. However, mineral-based fluids may not offer the same level of performance under extreme operating conditions compared to synthetic alternatives. As such, their use is prevalent in older vehicles or those with less demanding performance requirements. While they are effective for general applications, the market is witnessing a gradual shift towards synthetic and high-performance fluids as vehicle technology evolves.

Synthetic-based:

Synthetic-based manual transmission fluids are engineered to provide superior performance compared to traditional mineral-based fluids. These fluids are formulated using synthetic base stocks that provide enhanced thermal stability, oxidative resistance, and improved lubrication properties. This makes them particularly suitable for high-performance applications and modern vehicles that operate under demanding conditions. Synthetic fluids typically offer better fuel efficiency and extended service intervals, which are critical for consumers looking to optimize vehicle performance. The increasing adoption of synthetic fluids is primarily driven by the automotive industry’s push for improved fuel economy and reduced emissions. As manufacturers continue to innovate, synthetic-based fluids are expected to dominate a larger portion of the manual transmission fluid market.

Semi-synthetic:

Semi-synthetic manual transmission fluids combine both mineral and synthetic base stocks, balancing the cost-effectiveness of mineral fluids with the performance advantages of synthetic fluids. This hybrid formulation provides enhanced lubrication, resistance to thermal breakdown, and improved shear stability, making semi-synthetic fluids a popular choice for a wide range of vehicles. They are particularly appealing to consumers who seek a middle ground between price and performance. The versatility of semi-synthetic fluids makes them suitable for both everyday driving and more demanding applications, which further expands their market presence. As the automotive landscape continues to evolve, the demand for semi-synthetic fluids is likely to grow as consumers become more aware of their benefits.

High Performance:

High-performance manual transmission fluids are specifically designed to meet the rigorous demands of high-performance vehicles, including sports cars and racing applications. These fluids incorporate advanced additive technologies that enhance performance under extreme conditions, such as high temperatures and pressures. They provide exceptional wear protection, improved lubrication, and better shifting performance, which are critical for enthusiasts and professional drivers alike. The growing popularity of motorsports and high-performance vehicles is driving the demand for these specialized fluids, as consumers seek to maximize their vehicles' efficiency and reliability. With advancements in formulation and technology, high-performance fluids are gaining traction among automotive manufacturers, solidifying their position in the market.

Specialty:

Specialty manual transmission fluids include a diverse range of products tailored for specific applications or vehicle types, such as those used in classic cars, heavy-duty vehicles, and off-road applications. These fluids are formulated to meet unique requirements, such as enhanced protection against rust and corrosion, or superior performance in extreme driving conditions. Specialty fluids are essential for maintaining the functionality and durability of niche vehicles that do not conform to standard fluid specifications. The demand for specialty fluids is steadily increasing as automotive enthusiasts and owners of unique vehicles seek tailored solutions to ensure optimal performance and longevity. This segment is expected to grow in line with the rising interest in classic and collector cars, as well as specialized vehicles in various industries.

By Application

Passenger Vehicles:

The passenger vehicle segment represents a significant portion of the manual transmission fluid market, driven by the popularity of manual transmission cars among budget-conscious consumers. Many individuals prefer manual transmissions due to their lower initial costs and perceived ease of maintenance. As a result, the demand for manual transmission fluids in this segment remains robust. Moreover, with an increasing number of manufacturers producing manual transmission variants, the need for high-quality fluids to support these vehicles continues to rise. The growing consumer awareness regarding vehicle maintenance and the importance of using the correct transmission fluids further boosts the demand in this sector, creating a favorable environment for the manual transmission fluid market.

Commercial Vehicles:

Commercial vehicles, which include trucks, vans, and buses, constitute a substantial market for manual transmission fluids due to their extensive use in logistics and transportation sectors. These vehicles often require more robust fluids that can withstand heavy usage and provide superior protection against wear and tear. As the logistics and transportation industries grow, particularly in emerging economies, the demand for reliable manual transmission fluids tailored for commercial vehicles is expected to increase. Additionally, many commercial vehicles are designed with manual transmissions to optimize fuel efficiency, further driving the demand for specialized transmission fluids in this application. The ongoing expansion of e-commerce and global trade will continue to bolster the commercial vehicle segment of the manual transmission fluid market.

Off-road Vehicles:

The off-road vehicle market is characterized by its unique requirements, demanding specialized manual transmission fluids that can endure extreme conditions such as rugged terrains, high loads, and varying temperatures. Off-road vehicles, including SUVs and all-terrain vehicles, often operate in challenging environments, necessitating fluids that offer superior lubrication, wear protection, and thermal stability. As outdoor recreational activities gain popularity and the market for off-road vehicles continues to expand, the demand for dedicated manual transmission fluids tailored for these applications will rise. Manufacturers are increasingly focusing on developing formulations that cater to the specific needs of off-road enthusiasts, ensuring optimal vehicle performance and reliability in the field.

Others:

The 'Others' category encompasses various applications of manual transmission fluids that do not fall under traditional categories. This includes specialty vehicles, agricultural machinery, and fleet vehicles that may require bespoke fluid solutions. The demand in this segment is driven by specific requirements and performance standards that vary greatly across different machinery and equipment types. As industries involving specialized vehicles continue to grow, so does the need for tailored manual transmission fluids that can meet unique operational demands. The growth of this segment is indicative of a broader trend towards customization and specialization in the automotive and machinery sectors, further contributing to the overall manual transmission fluid market.

By Distribution Channel

OEM:

The original equipment manufacturer (OEM) distribution channel plays a pivotal role in the manual transmission fluid market, as fluid manufacturers often collaborate with automotive brands to offer their products as factory-fill fluids. OEMs typically ensure that the fluids meet specific standards and performance criteria aligned with their vehicles. As a result, using OEM-approved fluids is highly recommended for vehicle owners to maintain warranty coverage and ensure optimal performance. The demand for OEM fluids is strong, particularly as consumers seek assurance of quality and compatibility with their vehicles. As the automotive industry continues to evolve, OEMs are increasingly focusing on fluid formulations that enhance vehicle performance, further solidifying the importance of this distribution channel in the manual transmission fluid market.

Aftermarket:

The aftermarket distribution channel represents a significant segment of the manual transmission fluid market, driven by the growing consumer emphasis on vehicle maintenance and repair. Vehicle owners frequently seek high-quality fluids compatible with their vehicles, leading to a robust demand for manual transmission fluids in the aftermarket. This segment benefits from the increasing awareness of the importance of using the right fluids for maintenance, driving sales in auto parts stores, service stations, and online platforms. The aftermarket also provides consumers with greater flexibility in choosing fluids that meet their performance needs and preferences. As vehicle ownership rates continue to rise, the aftermarket channel is poised to expand, contributing substantially to the overall market growth.

Independent Suppliers:

Independent suppliers play a crucial role in the distribution of manual transmission fluids, providing consumers with a diverse range of products from various manufacturers. These suppliers often serve niche markets and cater to customers looking for specific fluid formulations that may not be available through OEM or larger retail channels. The flexibility and adaptability of independent suppliers allow them to meet unique consumer demands and preferences, particularly for specialty and performance fluids. As consumers increasingly seek personalized solutions for their automotive needs, independent suppliers are expected to gain market share within the manual transmission fluid landscape. Their ability to provide tailored products and foster relationships with customers will be a key factor in their success.

By Packaging Type

Bottles:

Bottles are one of the most common packaging types for manual transmission fluids, appealing to both individual consumers and automotive maintenance professionals. This packaging format is user-friendly, allowing for easy handling and pouring, making it a preferred choice for both retail and service applications. The demand for bottled fluids is driven by the convenience of purchasing smaller quantities for DIY maintenance or topping up fluids between service intervals. Additionally, bottled fluids often contain product information and usage instructions, which appeal to consumers seeking guidance on fluid selection. As the trend towards home vehicle maintenance continues to grow, bottled packaging is expected to remain a popular choice among consumers.

Drums:

Drum packaging is primarily used for bulk purchases of manual transmission fluids, catering to automotive service centers, workshops, and fleets requiring large quantities of fluids for maintenance and repairs. Drums typically contain a higher volume of fluid, offering a cost-effective solution for businesses that perform regular fluid changes or servicing. The use of drum packaging also allows for efficient storage and handling within service facilities, minimizing waste and optimizing inventory management. As the automotive service industry expands, the demand for drum-packaged fluids is anticipated to rise, especially in regions with a higher concentration of service centers and automotive workshops.

Pails:

Pail packaging serves as an intermediate option between bottles and drums, providing a practical solution for consumers and businesses requiring moderate volumes of manual transmission fluids. Pails are often used in professional settings, allowing for easier pouring and application compared to drums while still offering a cost-effective alternative to bottled packaging. The flexibility of pail sizes caters to various needs, from small workshops to larger automotive service operations. As the market for manual transmission fluids continues to evolve, pail packaging is likely to maintain its relevance, particularly for customers seeking convenience and efficiency in fluid handling.

Bulk:

Bulk packaging is primarily utilized by large-scale automotive manufacturers and service providers, allowing for the most cost-effective and efficient distribution of manual transmission fluids. This packaging type is typically employed in scenarios where high volumes of fluid are required, such as in manufacturing facilities or large fleet operations. Bulk packaging minimizes packaging waste and streamlines the supply chain, making it an attractive option for businesses focused on sustainability and cost management. As environmental considerations become increasingly important within the automotive industry, bulk fluid delivery systems are expected to gain traction, contributing to the overall efficiency and sustainability of the manual transmission fluid market.

By Region

The North American manual transmission fluid market is estimated to hold a significant market share, primarily due to the robust automotive industry and the presence of major automotive manufacturers. In 2025, the region is expected to account for around 30% of the global manual transmission fluid market, driven by the high demand for both passenger and commercial vehicles equipped with manual transmissions. Furthermore, the growing trend of vehicle maintenance and the awareness of the importance of quality fluids are encouraging consumers to invest in reliable manual transmission fluids. The North American market is projected to grow at a CAGR of 4% during the forecast period, bolstered by the increasing popularity of high-performance fluids among automotive enthusiasts.

In Europe, the demand for manual transmission fluids is also significant, with the region expected to account for approximately 28% of the global market share. The European automotive market is characterized by a strong emphasis on fuel efficiency and performance, leading to an increasing demand for synthetic and high-performance manual transmission fluids. Additionally, the growing trend toward environmentally friendly and biodegradable fluids aligns with the region's sustainability goals, further influencing market dynamics. As manufacturers continue to innovate and expand their product offerings, the European manual transmission fluid market is anticipated to grow at a steady CAGR of 4.5% during the forecast period, driven by advancements in fluid technologies and an increasing focus on vehicle maintenance.

Opportunities

The manual transmission fluid market presents several opportunities for growth, particularly in emerging economies where vehicle ownership is on the rise. As disposable incomes increase and urbanization progresses, more consumers are turning to manual transmission vehicles due to their affordability and fuel efficiency. This trend is creating a burgeoning demand for quality transmission fluids to ensure the longevity and performance of these vehicles. Additionally, as awareness about vehicle maintenance grows, more consumers are engaging in regular servicing, which further fuels the demand for manual transmission fluids. Manufacturers have the opportunity to tap into this expanding market by developing region-specific products that cater to the unique needs of diverse consumer bases and vehicle types. Investing in marketing and distribution strategies that emphasize the importance of using quality fluids could enhance brand recognition and drive sales across emerging markets.

Another significant opportunity lies in the development of environmentally friendly transmission fluids that comply with global sustainability standards. With increasing regulatory pressures and consumer preferences shifting towards green products, manufacturers that innovate and offer eco-friendly fluid alternatives could gain a competitive advantage. This includes formulating biodegradable fluids or those derived from renewable resources, which not only meet performance standards but also align with the growing demand for sustainable automotive solutions. By focusing on research and development initiatives aimed at creating such products, companies can position themselves as industry leaders in this evolving landscape, ultimately attracting environmentally conscious consumers and enhancing their market presence.

Threats

Despite the positive outlook for the manual transmission fluid market, several threats could hinder its growth. One of the primary challenges is the ongoing shift towards automatic transmissions, which is becoming increasingly prevalent in the automotive industry. As consumer preferences shift towards convenience and ease of use, the demand for manual transmission vehicles is expected to decline over time. This transition impacts the overall demand for manual transmission fluids, potentially leading to a saturated market. Additionally, advancements in automatic transmission technology, including the development of more efficient dual-clutch and continuously variable transmissions, may further diminish the relevance of manual transmission systems, thereby affecting fluid consumption patterns.

Another significant threat to the manual transmission fluid market is the rising prices of raw materials and fluctuating oil prices, which can considerably impact production costs. As manual transmission fluids are primarily derived from base oils and additives, any volatility in the supply chain can lead to increased production costs and lower profit margins for manufacturers. Furthermore, the growing trend towards electric and hybrid vehicles presents a challenge for the traditional manual transmission market, as these vehicles often do not utilize conventional transmission fluids. As the automotive industry evolves towards electrification, manual transmission fluid manufacturers must adapt their strategies to remain competitive, potentially exploring diversification into alternative fluid applications or investing in new technologies.

Competitor Outlook

• Valvoline Inc.
• Castrol Limited
• Mobil 1 (ExxonMobil)
• Royal Purple LLC
• Pennzoil (Shell)
• Amsoil Inc.
• Liqui Moly GmbH
• Red Line Oil
• Fuchs Petrolub AG
• Chevron Corporation
• Total SE
• Motul S.A.
• Petronas Lubricants International
• Repsol S.A.
• Havoline (Chevron)

The competitive landscape of the manual transmission fluid market is characterized by a diverse array of established companies and emerging players, each vying for market share through innovation and product differentiation. Major companies such as Valvoline, Castrol, and Mobil 1 have established strong brand recognition and customer loyalty, enabling them to maintain a leading position in the market. These companies invest heavily in research and development to introduce new formulations that enhance fluid performance and cater to the evolving needs of modern vehicles. Additionally, they often engage in strategic partnerships with automotive manufacturers to ensure their fluids are approved and recommended for factory fill, further solidifying their market presence.

Emerging players in the manual transmission fluid market are also making significant strides, often focusing on niche segments or specialized products. Companies like Royal Purple and Amsoil are known for their high-performance fluid offerings, appealing to automotive enthusiasts and racing applications. These companies leverage their expertise to develop premium products that provide superior protection and performance under extreme conditions. Moreover, the emphasis on sustainability has led some new entrants to explore eco-friendly fluid alternatives, targeting environmentally conscious consumers. As competition intensifies, manufacturers must continuously adapt their strategies and innovate to stay relevant in the market.

The increasing trend of mergers and acquisitions among key players in the manual transmission fluid market is shaping the competitive landscape further. Companies are seeking to expand their product portfolios, enhance distribution channels, and leverage synergies to achieve economies of scale. This trend reflects the dynamic nature of the market, as players strive to offer comprehensive solutions that meet diverse customer demands. As the market continues to evolve, the competition will likely intensify, prompting companies to invest in marketing strategies and customer engagement initiatives to capture a larger share of the growing manual transmission fluid market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Total SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Motul S.A.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Amsoil Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Repsol S.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Red Line Oil
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Valvoline Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Castrol Limited
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Liqui Moly GmbH
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Pennzoil (Shell)
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Royal Purple LLC
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Fuchs Petrolub AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Havoline (Chevron)
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Chevron Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Mobil 1 (ExxonMobil)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Petronas Lubricants International
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Manual Transmission Fluid Sales Market, By Application
    • 6.1.1 Passenger Vehicles
    • 6.1.2 Commercial Vehicles
    • 6.1.3 Off-road Vehicles
    • 6.1.4 Others
  • 6.2 Manual Transmission Fluid Sales Market, By Product Type
    • 6.2.1 Mineral-based
    • 6.2.2 Synthetic-based
    • 6.2.3 Semi-synthetic
    • 6.2.4 High Performance
    • 6.2.5 Specialty
  • 6.3 Manual Transmission Fluid Sales Market, By Packaging Type
    • 6.3.1 Bottles
    • 6.3.2 Drums
    • 6.3.3 Pails
    • 6.3.4 Bulk

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Manual Transmission Fluid Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Manual Transmission Fluid Sales market is categorized based on

By Product Type

• Mineral-based
• Synthetic-based
• Semi-synthetic
• High Performance
• Specialty

By Application

• Passenger Vehicles
• Commercial Vehicles
• Off-road Vehicles
• Others

By Packaging Type

• Bottles
• Drums
• Pails
• Bulk

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Valvoline Inc.
• Castrol Limited
• Mobil 1 (ExxonMobil)
• Royal Purple LLC
• Pennzoil (Shell)
• Amsoil Inc.
• Liqui Moly GmbH
• Red Line Oil
• Fuchs Petrolub AG
• Chevron Corporation
• Total SE
• Motul S.A.
• Petronas Lubricants International
• Repsol S.A.
• Havoline (Chevron)