Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Lubricating Oils procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Lubricating Oils - Recent Price Trend

During the three years to 2017, the average price of lubricating oils has been declining at an estimated annualized rate of 1.6% with a moderate level of volatility. Moderate price volatility is typically negative for buyers in that it makes it harder to create accurate cost estimates and budgets; however, price declines have largely offset the negative effects of moderate price volatility on...

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Lubricating Oils - Total Cost of Ownership

The total cost of ownership for lubricating oils is low. The primary costs associated with owning lubricants are those related to the disposal of used oil. Most lubricating oils are considered hazardous and the Environmental Protection Agency (EPA) deems them unsafe for the environment. As such, buyers are required to use proper disposal methods, which may cause them to incur additional costs...

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About this Report

This report is intended to assist buyers of lubricating oils, also commonly referred to as lubricants. Lubricating oils include industrial oils and fluids, such as hydraulic oil and refrigeration oil; consumer automotive products, such as passenger vehicle engine oil and gear oil; and commercial automotive products, such as heavy-duty engine oil and hydraulic and transmission fluids. These products are designed to reduce friction between surfaces and maintain the efficiency of vehicles and machines. Lubricating greases and biolubricants, such as cooking oils, are excluded from this report.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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