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Lubricant Oil Manufacturing in Canada: Market Research Report

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

Lubricant Oil Manufacturing in Canada Market Research Report | NAICS 32419CA | Feb 2015

Slippery slope: Increasing import penetration will continue to hurt the industry

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
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
-1.5%
Annual Growth 15-20
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Profit
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Employment
1,198
Businesses
41
Industry Analysis & Industry Trends

The Lubricant Oil Manufacturing industry produces industrial and automotive lubricants for manufacturers and consumers, including motor oil, transmission fluid, rust inhibitors and machine oils. The industry experienced its share of wear and tear in recent years, as the persistent effects of the global economic downturn compelled consumers to drive less and hold off on car expenses, and manufacturers to leave factories idle or close down production altogether. Despite recent improvements, industry revenue is expected to continue to decline in the coming years. Increases in domestic demand will likely be largely satisfied by imports, which will continue to capture a greater share of the domestic market... purchase to read more

Industry Report - Starting a New Business Chapter

Operators in the Lubricant Oil Manufacturing industry face significant barriers to entry. A large volume of machinery and equipment is required for the refining and production of oil and other additives into lubricant products. In addition, substantial financial commitments are needed to meet changing environmental regulations, as well as to provide working capital and maintain brand names.

Pennzoil, Quaker-State and other well-known brand names and the customer loyalty attached to them also pose a significant barrier for entrants. Manufacturers seeking to enter the industry must have a product that meets technical specifications, while also creating a brand image that appeals to consumers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Lubricant Oil Manufacturing Industry?

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

Industry Products
Automotive lubricants Industrial 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


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