Industry Description
This U.S. industry comprises establishments primarily engaged in blending or compounding refined petroleum to make lubricating oils and greases and/or re-refining used petroleum lubricating oils.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 324191 - Petroleum Lubricating Oil and Grease Manufacturing are:
- Transmission fluids, petroleum, made from refined petroleum
- Oils, petroleum lubricating, re-refining used
- Oils, lubricating petroleum, made from refined petroleum
- Greases, petroleum lubricating, made from refined petroleum
- Brake fluids, petroleum, made from refined petroleum
- Cutting oils made from refined petroleum
- Lubricating oils and greases, petroleum, made from refined petroleum
- Hydraulic fluids, petroleum, made from refined petroleum
- Rust arresting petroleum compounds made from refined petroleum
- Motor oils, petroleum, made from refined petroleum
- Re-refining used petroleum lubricating oils
- Grinding oils, petroleum, made from refined petroleum
- Petroleum lubricating oils made from refined petroleum
IBISWorld Industry Research Report
Lubricant Oil Manufacturing in the US (32419)
Revenue 2025
$25.7bn
Growth 2025
-1.12%
Key Trends
Oil prices decreased amid the COVID-19 pandemic and are currently decreasing
Lubricant oil manufacturers benefit from an increasing number of motor vehicle registrations
Synthetic oil offers better mechanical protection and lasts longer than conventional oil
Products and Services
Similar Industries
For some business types, there may be a similar industry to 324191 - Petroleum Lubricating Oil and Grease Manufacturing that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Refining crude petroleum and manufacturing lubricating oils and greases--are classified in Industry 324110, Petroleum Refineries; and
IBISWorld industry research report
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NAICS Cross Reference
Manufacturing synthetic lubricating oils and greases--are classified in U.S. Industry 325998, All Other Miscellaneous Chemical Product and Preparation Manufacturing.
IBISWorld industry research report
NAICS Hierarchy 324191 - Petroleum Lubricating Oil and Grease Manufacturing
NAICS Code 324191 - Petroleum Lubricating Oil and Grease Manufacturing sits in the 2-digit Petroleum Lubricating Oil and Grease Manufacturing sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 31-33
Sector Title: Manufacturing
3 Digits 4 Digits 5 Digits 6 Digits
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3211 Sawmills and Wood Preservation
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32111 Sawmills and Wood Preservation
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3212 Veneer, Plywood, and Engineered Wood Product Manufacturing
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32121 Veneer, Plywood, and Engineered Wood Product Manufacturing
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3219 Other Wood Product Manufacturing
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32191 Millwork
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32192 Wood Container and Pallet Manufacturing
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32199 All Other Wood Product Manufacturing
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3221 Pulp, Paper, and Paperboard Mills
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32211 Pulp Mills
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32212 Paper Mills
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32213 Paperboard Mills
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3222 Converted Paper Product Manufacturing
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32221 Paperboard Container Manufacturing
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32222 Paper Bag and Coated and Treated Paper Manufacturing
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32223 Stationery Product Manufacturing
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32229 Other Converted Paper Product Manufacturing
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3231 Printing and Related Support Activities
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32311 Printing
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32312 Support Activities for Printing
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3241 Petroleum and Coal Products Manufacturing
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32411 Petroleum Refineries
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32412 Asphalt Paving, Roofing, and Saturated Materials Manufacturing
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32419 Other Petroleum and Coal Products Manufacturing
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3251 Basic Chemical Manufacturing
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32511 Petrochemical Manufacturing
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32512 Industrial Gas Manufacturing
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32513 Synthetic Dye and Pigment Manufacturing
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32518 Other Basic Inorganic Chemical Manufacturing
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32519 Other Basic Organic Chemical Manufacturing
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3252 Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing
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32521 Resin and Synthetic Rubber Manufacturing
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32522 Artificial and Synthetic Fibers and Filaments Manufacturing
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3253 Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing
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32531 Fertilizer Manufacturing
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32532 Pesticide and Other Agricultural Chemical Manufacturing
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3254 Pharmaceutical and Medicine Manufacturing
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32541 Pharmaceutical and Medicine Manufacturing
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3255 Paint, Coating, and Adhesive Manufacturing
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32551 Paint and Coating Manufacturing
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32552 Adhesive Manufacturing
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3256 Soap, Cleaning Compound, and Toilet Preparation Manufacturing
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32561 Soap and Cleaning Compound Manufacturing
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32562 Toilet Preparation Manufacturing
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3259 Other Chemical Product and Preparation Manufacturing
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32591 Printing Ink Manufacturing
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32592 Explosives Manufacturing
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32599 All Other Chemical Product and Preparation Manufacturing
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3261 Plastics Product Manufacturing
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32611 Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing
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32612 Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing
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32613 Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing
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32614 Polystyrene Foam Product Manufacturing
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32615 Urethane and Other Foam Product (except Polystyrene) Manufacturing
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32616 Plastics Bottle Manufacturing
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32619 Other Plastics Product Manufacturing
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3262 Rubber Product Manufacturing
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32621 Tire Manufacturing
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32622 Rubber and Plastics Hoses and Belting Manufacturing
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32629 Other Rubber Product Manufacturing
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3271 Clay Product and Refractory Manufacturing
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32711 Pottery, Ceramics, and Plumbing Fixture Manufacturing
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32712 Clay Building Material and Refractories Manufacturing
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3272 Glass and Glass Product Manufacturing
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3273 Cement and Concrete Product Manufacturing
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32731 Cement Manufacturing
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32732 Ready-Mix Concrete Manufacturing
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32733 Concrete Pipe, Brick, and Block Manufacturing
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32739 Other Concrete Product Manufacturing
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3274 Lime and Gypsum Product Manufacturing
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32741 Lime Manufacturing
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32742 Gypsum Product Manufacturing
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3279 Other Nonmetallic Mineral Product Manufacturing
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32791 Abrasive Product Manufacturing
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32799 All Other Nonmetallic Mineral Product Manufacturing
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 324191 - Petroleum Lubricating Oil and Grease Manufacturing.
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