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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 | Apr 2014

Slippery slope: A recovering economy will not be enough to garner positive growth

The Lubricant Oil Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.2%
Annual Growth 14-19
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Profit
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Employment
1,652
Businesses
77
Industry Analysis & Industry Trends

The Lubricant Oil Manufacturing experienced its share of wear and tear over the past five years with the economic downturn, which led to a drop in consumer income and downstream manufacturing activity. These factors compelled consumers to drive less and hold off on car expenses; meanwhile, manufacturers were forced to leave factories idle or exit their industries. Despite the recent improvements, industry revenue is forecast to continue its decline in the five years to 2019... purchase to read more

Industry Report - Industry Analysis Chapter

The Lubricant Oil Manufacturing industry produces petroleum-based lubricant and grease products, such as blended motor oils, brake fluids, transmission fluids and lubricating machinery grease. Like many in the manufacturing sector, this industry took a hit during the recession, as demand from key downstream manufacturing and industrial markets plummeted. Moreover, wild fluctuations in the price of oil and other industry inputs kept profit growth subdued for most of the past five years. However, even with these conditions, industry revenue is expected to grow at an annualized rate of 1.2% from 2009 to 2014, to total more than $2.3 billion... 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 grease 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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