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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 | Feb 2015

Slippery slope: Increasing import penetration will continue to hurt the industry

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 10-15
-1.5%
Annual Growth 15-20
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Profit
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Employment
1,198
Businesses
41
Industry Analysis & Industry Trends

The Lubricant Oil Manufacturing industry produces industrial and automotive lubricants for manufacturers and consumers, including motor oil, transmission fluid, rust inhibitors and machine oils. The industry experienced its share of wear and tear in recent years, as the persistent effects of the global economic downturn compelled consumers to drive less and hold off on car expenses, and manufacturers to leave factories idle or close down production altogether. Despite recent improvements, industry revenue is expected to continue to decline in the coming years. Increases in domestic demand will likely be largely satisfied by imports, which will continue to capture a greater share of the domestic market... purchase to read more

Industry Report - Industry Analysis Chapter

The Lubricant Oil Manufacturing industry produces petroleum-based lubricant and grease products, such as blended motor oils, brake fluids, transmission fluids and lubricating machinery grease. Like many in the manufacturing sector, this industry has been impeded by sluggish worldwide economic recovery, as demand from key downstream manufacturing and industrial markets has been slow to recover in recent years. Export demand has a significant impact on industry operations, particularly from the US market, which accounts for more than 15.0% of total industry revenue. Demand from the United States fell sharply in 2013, and largely as a result, industry revenue is expected to fall at an annualized rate of 1.5% in the five years to 2015, to less than $2.3 billion... 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 greases 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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