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Lubricant Oil Manufacturing in the US - Industry Market Research Report

Lubricant Oil Manufacturing in the US

The Lubricant Oil Manufacturing industry primarily produces petroleum-based lubricant and grease products such as blended motor oils, brake fluids and lubricating grease, inseparably linking demand to the volatile prices of crude oil. Following the recession, oil prices increased; however, constrained exports of crude oil in the United States limited producers' ability to seek the highest available price for their output. Lubricant production slowed during the five-year period to 2018, and industry operators took on the financial burden. For most of the five-year period, revenue fell as lubricant production increased to account for falling oil prices. IBISWorld expects an increase in revenue despite still-volatile oil prices due to production increases and strong demand for industry products. As economic growth and industrial production continue to pick up and crude oil prices begin to normalize, demand for lubricants is forecast to show strong growth over the five years to 2023. Industry operators are also expected to expand production to cater to growing demand, particularly in nonvehicle markets.

Operators in this industry manufacture 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Average age of vehicle fleet
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Industry trade balance
    • Table Exports To ...
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table Royal Dutch Shell PLC (US industry-specific revenue) - financial performance
    • Table BP PLC (US industry-specific revenue) - financial performance
    • Table Exxon Mobil Corporation (US industry-specific revenue) - financial performance
    • Table Valvoline Inc. (US industry-specific revenue) - financial performance
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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