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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - 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 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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