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 2018... 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 66.7% of industry revenue in 2013. In addition, these companies play a further role within the industry, supplying lubricating oil base-stock to other specialist lubricant manufacturers. Industry concentration has increased over the past five years, with the industry's major global companies acquiring smaller, regional players. .. purchase to read more