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Lubricant Oil Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Lubricant Oil Manufacturing Market Research Report | NAICS 32419 | Sep 2016

Wheels spinning: Revenue will decline as petroleum prices also fall

IBISWorld’s Lubricant Oil Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Despite recently slower growth for lubricant producers, demand is expected to recover
  • Downstream industries are looking to maximize the operating life of their existing machinery
  • Stricter environmental regulations will foster the development of more eco-friendly products
  • ... purchase to read more

Industry Analysis & Industry Trends

The industry suffered during the recession, leading to depressed consumer income and lower downstream manufacturing activity. As a result, fewer lubricant products were purchased over the period and industry revenue dropped. However, strong demand after the recession resulted in overall positive growth over the past five years. Improving economic conditions will bolster demand from downstream manufacturers. Revenue will also benefit from rising oil demand from consumers, as the number of cars on the road and miles driven both increase... ... purchase to read more

Industry Report - Industry Investment Chapter

The Lubricant Oil Manufacturing industry produces a range of automotive, industrial and household lubricants including motor oil, transmission fluid, rust inhibitors, machine oils, skin moisturizers and more. Facilities, storage equipment, computer inventory systems, drilling equipment and machinery used to mix and move products represent the greatest capital cost to the industry. In addition, the industry requires a highly-skilled labor force to operate and monitor equipment, research and design new oil lubricants, locate new oil reserves and maintain safe operations.

Although labor costs are considerable higher than capital investments, the industry maintains a medium-high level of capital intensity. IBI.. ... purchase to read more

Additional Insights for the Lubricant Oil Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lubricant Oil Manufacturing Industry are

  • Ability to alter goods and services produced in favor of market conditions
  • Guaranteed supply of key inputs
  • Involvement of all stakeholders
  • IBISWorld analysts also discuss how external factors such as World price of crude oil and Per capita disposable income in the Lubricant Oil Manufacturing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Lubricant Oil Manufacturing Industry?

    Operators in this industry manufacture petroleum products (except for asphalt-paving, roofing and saturated materials), such as blended motor oils, brake fluids, lubricating grease and other oil-based additives. Key buyers include downstream automobile manufacturers, wholesalers and automotive retail chains.

    Industry Products
    Consumer automotive lubricantsCommercial automotive lubricantsIndustrial lubricants
    Industry Activities
    Manufacturing lubricating oils and greases made from refined petroleumManufacturing brake fluids made from refined petroleumManufacturing petroleum jelly made from refined petroleumManufacturing petroleum waxes made from refined petroleumRe-refining used petroleum lubricating oils

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of crude oil
  • Per capita disposable income
  • Industrial production index
  • Number of motor vehicle registrations
  • Trade-weighted index
  • Current Performance
  • Status during the recovery
  • Operational trends
  • Specialization
  • Chart: Revenue Growth
  • Industry Outlook
  • More complete recovery
  • Operational trends
  • Table: Lubricant Oil Manufacturing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lubricant Oil Manufacturing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Iron & Steel Manufacturing
  • Auto Parts Stores
  • Local Freight Trucking
  • Long-Distance Freight Trucking
  • Key Selling Industries
  • Animal Food Production
  • Inorganic Chemical Manufacturing
  • Metal Can & Container Manufacturing
  • Oil Drilling & Gas Extraction
  • Petrochemical Manufacturing
  • Plastic Film, Sheet & Bag Manufacturing
  • Products & Services
  • Industrial lubricants
  • Consumer automotive lubricants
  • Commercial automotive lubricants
  • Other
  • Chart: Lubricant Oil Manufacturing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Wholesalers
  • Other
  • Retailers
  • Chart: Major Market Segmentation for the Lubricant Oil Manufacturing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Lubricant Oil Manufacturing
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Lubricant Oil Manufacturing Industry
  • Industry Globalization
    Major Companies
    Exxon Mobil Corp.
    Royal Dutch/Shell Group
    Ashland Inc.
  • Table: Exxon Mobil Corp. - financial performance
  • Table: Royal Dutch/Shell Group - financial performance
  • Table: Ashland Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Lubricant Oil Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Lubricant Oil Manufacturing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • World price of crude oil (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • A thick oil used to lubricate machinery.
  • Lubricant
  • A substance, such as grease or oil, that reduces friction when applied as a surface coating to moving parts.
  • Synthetic Oil
  • A substance created in the laboratory with crude oil products that has similar properties to conventional lubricant oil.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Lubricant Oil Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Lubricant Oil Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Lubricant Oil Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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