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Lubricant Oil Manufacturing in Illinois

Author.Name IBISWorld United States Last Updated: August 2025 NAICS IL32419

Lubricant Oil Manufacturing in Illinois industry analysis

The Lubricant Oil Manufacturing industry in Illinois is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Lubricant Oil Manufacturing in Illinois Market Research Report

What’s Included in the Lubricant Oil Manufacturing in Illinois Market Research Report

Definition of the Lubricant Oil Manufacturing in Illinois?

Companies 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.

What’s included in the Lubricant Oil Manufacturing in Illinois?

The Lubricant Oil Manufacturing in Illinois includes manufacturing automotive lubricants, manufacturing industrial lubricants, manufacturing skin creams and manufacturing soaps. Related terms covered in the Lubricant Oil Manufacturing in Illinois industry report includes a substance, such as grease or oil, that reduces friction when applied as a surface coating to moving parts, a thick oil used to lubricate machinery and a substance created in the laboratory with crude oil products that has similar properties to conventional lubricant oil.

Industry Performance of the Lubricant Oil Manufacturing industry in Illinois

Benchmark the Lubricant Oil Manufacturing in Illinois industry performance with all IL county and national performance.

Lubricant Oil Manufacturing in Illinois

#7 in Highest Revenue 5.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Lubricant Oil Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Lubricant Oil Manufacturing industry in Illinois

See how key industry drivers, such as population, private investment in non-residential construction, new business formation, world price of crude oil, average age of vehicle fleet and industrial production index are impacting Lubricant Oil Manufacturing in Illinois

Illinois Economic Indicators

Population
Private Investment in Non-Residential Construction
New Business Formation

View more economic information in IL State Economic profile

US Key External Drivers

World price of crude oil
Average age of vehicle fleet
Industrial production index

For the full list of industry drivers, see report purchase options.

County Data of the Lubricant Oil Manufacturing industry in Illinois

Access proprietary data on county in the Lubricant Oil Manufacturing in Illinois, such as Cook County, Kane County and Will County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Lubricant Oil Manufacturing industry in Illinois

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Lubricant Oil Manufacturing industry in Illinois in 2025?

The market size of the Lubricant Oil Manufacturing industry in Illinois is $1.4bn in 2025.

How many businesses are there in the Lubricant Oil Manufacturing industry in Illinois in 2025?

There are 19 businesses in the Lubricant Oil Manufacturing industry in Illinois, which has been declining at an average annual rate of -1.0% from 2020 to 2025.

Has the Lubricant Oil Manufacturing industry in Illinois grown or declined over the past 5 years?

The market size of the Lubricant Oil Manufacturing industry in Illinois has been growing at an average annual rate of 3.9% from 2020 to 2025.

How many employees in the Lubricant Oil Manufacturing industry in Illinois in 2025?

There are 1,181 employees in the Lubricant Oil Manufacturing industry in Illinois, which has been declining at an average annual rate of -0.1% from 2020 to 2025.