Petroleum Lubricating Oil and Grease Manufacturing - Market Size, Financial Statistics, Industry Trends
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 report includes historical and forecasted market sizes and industry trends for Petroleum Lubricating Oil and Grease Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Petroleum Lubricating Oil and Grease Manufacturing industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Petroleum Lubricating Oil and Grease Manufacturing industry.
Geographic Breakdown by U.S. State
Petroleum Lubricating Oil and Grease Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Petroleum Lubricating Oil and Grease Manufacturing companies in the United States.Industry Revenue by State [Sample]
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 |
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| 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 | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
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 |
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Petroleum lubricating oils and greases, refined petroleum |
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Lubricating oils (incl. hydraulic fluids, etc.), refined petroleu |
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Lubricating greases, made from refined petroleum |
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Petroleum lub. oils/greases, refined petroleum, nsk, total |
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Petrol. lub. oils/etc., refined petroleum, nsk, nonadmin-records |
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Petrol. lub. oils/etc., refined petroleum, nsk, admin-records |
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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 |
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