Latest Developments in Global Gear Oils Market

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Latest Developments in Global Gear Oils Market

  • Chemical and Materials
  • Apr 2025
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

  • In January 2023, Goodyear Lubricants introduced new BS-6-compliant lubricants in Haryana for the Indian market. The company launched a new line of car lubricant oils for distribution in South and Southeast Asia, as well as New Zealand. The goal of the new product line was to reduce carbon footprint while complying with current EURO 6 and BS-6 regulations. Goodyear worked with Assurance International Limited to develop a range of environmentally friendly and sustainable products.
  • In October 2023, HPCL and Chevron Brands International LLC, a division of Chevron Corporation, reached a long-term agreement in which Chevron's lubricant products, including its exclusive Havoline and Delo brands, were licensed, produced, distributed, and marketed under the Caltex brand.
  • In August 2022, Exol unveiled Optifarm HP, a high-performance gear oil specifically designed for JCB use. This product launch demonstrated Exol's commitment to offering a wide range of performance oil solutions to meet the market's evolving demands. Made with premium quality, thermally stable base oils and advanced additive chemistry, Optifarm HP was a specialized, high-performance gear oil. It helped reduce chatter and squawk in oil-immersed braking systems while offering exceptional component protection to extend equipment life. Other benefits of Optifarm HP included reduced foaming, outstanding anti-wear properties, superior oxidation stability, and enhanced anti-squawk performance in brake systems.
  • In May 2022, German lubricant specialist LIQUI MOLY launched Top Tec Gear EV 510 gear oil, designed specifically for high-torque electric motors and meeting the strict manufacturer requirements of Tesla. LIQUI MOLY's research and development team also worked on low-conductivity coolants for electric vehicle batteries. As e-mobility became more prevalent in Europe, the US, and Asia, LIQUI MOLY prepared for the future by offering specialized lubricants for all types of vehicles.