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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 SWOT Analysis Chapter

The Lubricant Oil Manufacturing industry is in the declining stage of its life cycle, with well-established product lines and a saturated marketplace. Industry value added, which measures the industry's contribution to the overall economy, is expected to decline at an annualized rate 0.9% during the 10 years to 2019. In contrast, Canadian GDP is expected to average a more robust growth of 2.4% per year during the same period.

The steadily increasing threat that imported products pose to the industry further indicates the industry's state of decline. Imported lubricant oil products satisfied 35.2% of domestic demand in 2009, and that share is expected to increase to 68.5% by 2019... 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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