Petroleum Lubricating Oil and Grease Manufacturing Industry Research Report

Industry Overview

This U.S. industry comprises establishments primarily engaged in blending or compounding refined petroleum to make lubricating oils and greases and/or re-refining used petroleum lubricating oils. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Petroleum Lubricating Oil and Grease Manufacturing Market Size

This research report analyzes the market size and trends in the Petroleum Lubricating Oil and Grease Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Petroleum Lubricating Oil and Grease Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Petroleum Lubricating Oil and Grease Manufacturing
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Petroleum Lubricating Oil and Grease Manufacturing company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Petroleum Lubricating Oil and Grease Manufacturing industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Petroleum lubricating oil and grease mfg.	Included
Petroleum lubricating oils and greases, refined petroleum
Lubricating oils (incl. hydraulic fluids, etc.), refined petroleu
Lubricating greases, made from refined petroleum
Petroleum lub. oils/greases, refined petroleum, nsk, total
Petrol. lub. oils/etc., refined petroleum, nsk, nonadmin-records
Petrol. lub. oils/etc., refined petroleum, nsk, admin-records

Compensation and Salary Surveys

Salary information for employees working in the Petroleum Lubricating Oil and Grease Manufacturing industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%	Included
Chief Executives	0%
General and Operations Managers	2%
Architecture and Engineering Occupations	10%
Engineers	9%
Office and Administrative Support Occupations	7%
Construction and Extraction Occupations	8%
Construction Trades Workers	6%
Installation, Maintenance, and Repair Occupations	9%
Other Installation, Maintenance, and Repair Occupations	7%
Production Occupations	41%
Supervisors of Production Workers	6%
First-Line Supervisors of Production and Operating Workers	6%
First-Line Supervisors of Production and Operating Workers	6%
Plant and System Operators	20%
Miscellaneous Plant and System Operators	20%
Petroleum Pump System Operators, Refinery Operators, and Gaugers	18%
Other Production Occupations	11%
Transportation and Material Moving Occupations	7%

Government Contracts

The federal government spent an annual total of $15,739,826 on the Petroleum Lubricating Oil and Grease Manufacturing industry. It has awarded 652 contracts to 112 companies, with an average value of $140,534 per company.

Top Companies in Petroleum Lubricating Oil and Grease Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included