Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report

Lubricants and Other Petroleum Product Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: -3.5%

The Lubricants and Other Petroleum Products Manufacturing industry produces a range of vital lubricant, grease, fluid, oil and bituminous goods. Industry products are used to construct roads, to run vehicles, machinery and equipment, and in general manufacturing. The industry is expected to generate revenue of $1.6 billion in 2018-19, down 0.4% on the previous year due to base stock prices falling. Industry revenue is expected to decline at an annualised 3.5% over the five years through 2018-19, due to lower prices and production volumes. Exports are forecast to generate 16.5% of industry revenue in 2018-19. Industry operators have struggled due to export declines over the past five years as global production increased, while competing imports also...
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Lubricants and Other Petroleum Product Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Operators in the Lubricants and Other Petroleum Product Manufacturing industry are anticipated to continue struggling over the next five years. The industry's performance will depend on demand from transport markets for automotive oil, fluids, industrial oil and greases; trends in road construction activity; and, to a lesser extent, coke demand from overseas. Industry production volumes and exports are projected to decline over the next five years, while import penetration increases. As a result, industry revenue is forecast to decline at an annualised X.X% over the five years through XXX-XX, to $X.X billion. Oil prices and profit trends Forecast increases in base stock and crude oil prices over the next five years are likely to cause raw material...
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Lubricants and Other Petroleum Product Manufacturing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 217
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,303

Biggest companies in the Lubricants and Other Petroleum Product Manufacturing industry

The companies holding the largest market share in the Lubricants and Other Petroleum Product Manufacturing in Australia industry include BP Australia Investments Pty Ltd, Caltex Australia Limited, Viva Energy Holding Pty Ltd, Valvoline (Australia) Pty Ltd and Fuchs Lubricants (Australasia) Pty Ltd.

  • pie_chart BP Australia Investments Pty Ltd Market Share: x.x%
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  • pie_chart Caltex Australia Limited Market Share: x.x%
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  • pie_chart Viva Energy Holding Pty Ltd Market Share: x.x%
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  • pie_chart Valvoline (Australia) Pty Ltd Market Share: x.x%
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  • pie_chart Fuchs Lubricants (Australasia) Pty Ltd Market Share: x.x%
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What is Lubricants and Other Petroleum Product Manufacturing industry?

Industry Definition

The industry produces a range of petroleum and lubricant products manufactured using base stocks consisting of oil, grease and organic compounds. These products include automotive oils, other transport oils, industrial oils, greases and other lubricants. Industry firms also manufacture bituminous materials and coal products, such as petroleum coke and coal coke.

Industry Products and Services

  • Bituminous materials and coke products
  • Diesel engine oils
  • Petrol engine oils
  • Other lubricants and oils
  • Hydraulic oils
  • Transmission oils
  • Gear oils
  • Greases

Industry Activities

  • Bituminous material manufacturing (excluding hot-mix bituminous paving)
  • Automotive fluids production
  • Benzene manufacturing
  • Coal tar production
  • Fuel briquette manufacturing (except charcoal)
  • Lubricating oil and grease manufacturing
  • Mineral turpentine manufacturing
  • Motor oil manufacturing
  • Petroleum coke and petroleum coke product manufacturing
  • Recovery of oil and grease from petroleum waste

Market research report - table of contents

Industry Definition

The industry produces a range of petroleum and lubricant products manufactured using base stocks consisting of oil, grease and organic compounds. These products include automotive oils, other transport oils, industrial oils, greases and other lubricants. Industry firms also manufacture bituminous materials and coal products, such as petroleum coke and coal coke.

Main Activities

  • Bituminous material manufacturing (excluding hot-mix bituminous paving)
  • Automotive fluids production
  • Benzene manufacturing
  • Coal tar production
  • Fuel briquette manufacturing (except charcoal)
  • Lubricating oil and grease manufacturing
  • Mineral turpentine manufacturing
  • Motor oil manufacturing
  • Petroleum coke and petroleum coke product manufacturing
  • Recovery of oil and grease from petroleum waste

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Industry firms blend automotive and other oils using lubricant base stocks and chemical additives derived from crude oil. As a result, crude oil prices in...
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World price of crude oil
Demand from transport, postal and warehousing
Number of motor vehicles
Demand from heavy machinery repair and maintenance

Current Performance

Oil and base stock prices
Employment and establishments
International trade
Vehicle trends
 Chart: Revenue Growth

Industry Outlook

Future industry declines
Industry rationalisation
Future industry drivers
International trade
 Table: Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Road and Bridge Construction in Australia
Petroleum Product Wholesaling in Australia
Fuel Retailing in Australia
Hardware and Building Supplies Retailing in Australia



Key Selling Industries

Black Coal Mining in Australia
Petroleum Refining and Petroleum Fuel Manufacturing in Australia





Products & Services

The Lubricants and Other Petroleum Product Manufacturing industry produces a range of petroleum and lubricant products. Lubricants, oils, greases and flui...
Exports
Primary producers
Manufacturers and other sectors
Road and bridge construction companies
Industrial and mining companies
Automotive companies

Demand Determinants

Automotive and industrial oil demand stems from the need to lubricate the moving parts in engines and machinery. A significant source of demand for automo...
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Major Markets

Exports
Primary producers
Manufacturers and other sectors
Road and bridge construction companies
Industrial and mining companies
Automotive companies

 Chart: Major Market Segmentation for the Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

Industry concentration is at a high level, with the four largest companies estimated to account for approximately three-quarters of industry revenue in 20...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report Industry

Industry Globalization

BP Australia Investments Pty Ltd is owned by BP plc, one of the largest global oil exploration and production companies. In Australia, the company is head...
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BP Australia

 Table: BP Australia - financial performance

Caltex

 Table: Caltex - financial performance

Viva Energy

 Table: Viva Energy - financial performance

Valvoline

 Table: Valvoline - financial performance

Fuchs Lubricants (A'Asia)

 Table: Fuchs Lubricants (A'Asia) - financial performance

Capital Intensity

The industry has a medium level of capital intensity. For each dollar required for labour inputs in 2018-19, an estimated $0.24 will be invested in capi...
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 Chart: Level of Capital Intensity for the Lubricants and Other Petroleum Product Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Lubricants and Other Petroleum Product Manufacturing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Lubricating Oils & Greases (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ASPHALT

BASE STOCK

COKE

FRACTIONAL DISTILLATION

HOT-MIX BITUMINOUS PAVING

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Lubricants and Other Petroleum Product Manufacturing industry?

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This report on Lubricants and Other Petroleum Product Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Lubricants and Other Petroleum Product Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Lubricants and Other Petroleum Product Manufacturing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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