Lubricant Oil Manufacturing in Canada - Industry Market Research Report

Lubricant Oil Manufacturing in Canada - Industry Market Research Report

Published: November 2017
Publisher: IBISWorld
Product ref: 285894
Pages: 33
Format: PDF
Delivery: Immediate download

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Price: $825.00

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Lubricant Oil Manufacturing in Canada

The Lubricant Oil Manufacturing industry experienced its share of wear and tear in recent years, as falling exports and volatile oil prices significantly impacted industry revenue. Just prior to the period, improved domestic demand and a surge in export growth fuelled by a revitalized US auto industry pushed revenue upward; however, in the second half of the period, large declines in both export demand from the United States and the price of oil led the industry to post losses. However, IBISWorld expects industry revenue to reverse course and grow over the five years to 2022. Increases in domestic demand will likely be largely satisfied by imports, which will continue to capture a greater share of the domestic market. In response, industry manufacturers are expected to continue to shift their focus toward foreign buyers.

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.

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.

Price: $825.00

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Related research categories

By sector: Materials (in Components), General industry, Manufacturing

By market: Canada (in North America)

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