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 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 labour force to operate and monitor equipment, research and design new oil lubricants, locate new oil reserves and maintain safe operations.
While labour costs represent 5.6% of industry revenue, which is significantly more than the cost of capital investments, the industry maintains a high level of capital intensity... purchase to read more