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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

IBISWorld’s Lubricant Oil Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Key Buyers Chapter

The Lubricant Oil Manufacturing industry is characterized by a medium level of market share concentration, with the top four companies accounting for an estimated 65.9% of industry revenue in 2014. In addition to their significant share of industry revenue, most of these companies also play a further role within the industry, supplying lubricating oil base-stock to other specialist lubricant manufacturers. This vertical sector activity allows for companies to maintain their market share by influencing supply. Industry concentration has increased over the past five years, as the industry's major global companies have acquired some smaller, regional players... 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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