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Lubricant Oil Manufacturing in North Carolina

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NC32419

Lubricant Oil Manufacturing in North Carolina industry analysis

The Lubricant Oil Manufacturing industry in North Carolina is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has stagnated an annualized x% to xx 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 decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to increase an annualized x.x% to xx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Lubricant Oil Manufacturing in North Carolina Market Research Report

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

Definition of the Lubricant Oil Manufacturing in North Carolina?

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 North Carolina?

The Lubricant Oil Manufacturing in North Carolina includes manufacturing automotive lubricants, manufacturing industrial lubricants, manufacturing skin creams and manufacturing soaps. Related terms covered in the Lubricant Oil Manufacturing in North Carolina 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 North Carolina

Benchmark the Lubricant Oil Manufacturing in North Carolina industry performance with all NC county and national performance.

Lubricant Oil Manufacturing in North Carolina

#29 in Highest Revenue 0.2% 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 North Carolina

See how key industry drivers, such as population, median houshold income, house price index, world price of crude oil, average age of vehicle fleet and industrial production index are impacting Lubricant Oil Manufacturing in North Carolina

North Carolina Economic Indicators

Population
Median Houshold Income
House Price Index

View more economic information in NC 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 North Carolina

Access proprietary data on county in the Lubricant Oil Manufacturing in North Carolina, such as Buncombe County, Harnett County and Union County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Lubricant Oil Manufacturing industry in North Carolina

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 North Carolina in 2025?

The market size of the Lubricant Oil Manufacturing industry in North Carolina is $62.6m in 2025.

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

There are 4 businesses in the Lubricant Oil Manufacturing industry in North Carolina, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Lubricant Oil Manufacturing industry in North Carolina has been growing at an average annual rate of 11.2% from 2020 to 2025.

How many employees in the Lubricant Oil Manufacturing industry in North Carolina in 2025?

There are 95 employees in the Lubricant Oil Manufacturing industry in North Carolina, which has been declining at an average annual rate of 0.0% from 2020 to 2025.