Tools commonly used in the Lubricating Oils & Greases (Manufacturing) industry for day-to-day tasks and operations.

• Blending tanks
• Reactors
• Distillation columns
• Filtration equipment
• Pumps
• Mixers
• Heat exchangers
• Analytical instruments (e.g. gas chromatographs, spectrometers)
• Packaging equipment (e.g. filling machines, labeling machines)
• Quality control equipment (e.g. viscometers, flash point testers)

Common products and services typical of NAICS Code 324191-06, illustrating the main business activities and contributions to the market.

• Engine oils
• Transmission fluids
• Hydraulic fluids
• Gear oils
• Greases
• Metalworking fluids
• Refrigeration oils
• Compressor oils
• Turbine oils
• Marine lubricants

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 9001:2015 Quality Management System: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• ISO 14001:2015 Environmental Management System: This certification ensures that the company has an environmental management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• OSHA Hazard Communication Standard: This standard requires that all hazardous chemicals in the workplace are properly labeled and that employees are trained on how to handle them safely. It is provided by the Occupational Safety and Health Administration (OSHA).
• EPA Spill Prevention, Control, and Countermeasure (SPCC) Plan: This plan is required for facilities that store, handle, or transport oil and oil products. It outlines procedures for preventing and responding to oil spills. It is provided by the Environmental Protection Agency (EPA).
• ASTM D4172 Standard Test Method for Wear Preventive Characteristics Of Lubricating Fluid (Four-Ball Method): This standard test method measures the wear preventive properties of lubricating fluids. It is provided by the American Society for Testing and Materials (ASTM).

A concise historical narrative of NAICS Code 324191-06 covering global milestones and recent developments within the United States.

• The history of the Lubricating Oils & Greases (Manufacturing) industry dates back to the 19th century when the first petroleum-based lubricants were developed. In 1866, John Ellis founded the Valvoline Oil Company, which became the first company to produce lubricating oils for steam engines. In the early 20th century, the industry saw significant growth due to the increasing demand for automobiles and the development of new lubricants for aircraft engines during World War I. In the 1930s, synthetic lubricants were introduced, and in the 1950s, multi-grade oils were developed, which could be used in a wider range of temperatures. In recent years, the industry has focused on developing more environmentally friendly lubricants, such as biodegradable and vegetable-based oils. In the United States, the Lubricating Oils & Greases (Manufacturing) industry has a long history of innovation and growth. In the 1920s and 1930s, the industry saw significant expansion due to the increasing popularity of automobiles. During World War II, the industry played a crucial role in producing lubricants for military vehicles and aircraft. In the post-war period, the industry continued to grow, driven by the increasing demand for lubricants in the expanding transportation sector. In recent years, the industry has faced challenges due to the increasing popularity of electric vehicles and the growing demand for synthetic lubricants. However, the industry has responded by developing new products, such as biodegradable lubricants and high-performance synthetic oils, to meet changing market demands.

The anticipated future trajectory of the NAICS 324191-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The lubricating oils and greases manufacturing industry in the USA is expected to grow at a steady pace in the coming years. The increasing demand for lubricants from various end-use industries such as automotive, industrial machinery, and marine is expected to drive the growth of the industry. The industry is also expected to benefit from the growing trend of using bio-based lubricants, which are eco-friendly and sustainable. However, the industry may face challenges such as fluctuating crude oil prices, stringent environmental regulations, and the emergence of alternative technologies such as electric vehicles. Overall, the industry is expected to maintain a positive growth trajectory in the foreseeable future.

Recent groundbreaking advancements and milestones in the Lubricating Oils & Greases (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Development Of High-Performance Lubricants: Lubricant manufacturers are investing in research and development to create high-performance lubricants that can withstand extreme temperatures and pressures. These lubricants are designed to improve the efficiency and durability of machinery and equipment, thereby reducing maintenance costs and downtime.
• Use Of Nanotechnology In Lubricants: Nanotechnology is being increasingly used in lubricants to enhance their performance and properties. Nanoparticles can improve the lubricity, wear resistance, and thermal stability of lubricants, making them more effective in protecting machinery and equipment.
• Introduction Of Bio-Based Lubricants: Bio-based lubricants are gaining popularity due to their eco-friendliness and sustainability. These lubricants are made from renewable sources such as vegetable oils and animal fats, and are biodegradable and non-toxic. They are being increasingly used in applications where environmental regulations are stringent.
• Adoption Of Industry 4.0 Technologies: Lubricant manufacturers are adopting Industry 4.0 technologies such as the Internet of Things (IoT) and artificial intelligence (AI) to improve their manufacturing processes and product quality. These technologies enable real-time monitoring of production processes, predictive maintenance, and quality control, thereby improving efficiency and reducing costs.
• Focus on Sustainability: Lubricant manufacturers are increasingly focusing on sustainability by reducing their carbon footprint, minimizing waste generation, and using renewable energy sources. This is being driven by the growing awareness of the impact of industrial activities on the environment and the need to reduce greenhouse gas emissions.