U.S. Quick Lube Equipment Market Share

U.S. Quick Lube Equipment Market Share

The U.S. quick lube equipment industry is quite consolidated with the presence of a few major players holding considerable shares in the market.

• TSS Inc.
• Devon Lube Industries
• Unilube Systems, Ltd.
• LSI Engineered Products
• American Lubrication Equipment Corporation

are some of the key players in the U.S. quick lube equipment industry. Market players compete with each other on the basis of product differentiation in terms of technological advancements and product design modifications in order to enhance consumer friendliness, improve user experience, increase product functionality, and ensure worker safety.
 

In October 2019, NOV Inc. (National Oilwell Varco) acquired Denali Incorporated, a company providing fiberglass-reinforced plastic (FRP) products and technologies to petroleum, chemical, power generation, and water industries and the parent company of Containment Solutions, a quick lube equipment manufacturer. This acquisition would enable the company to further strengthen its position in the U.S. quick lube equipment market.
 

In May 2021, John Dow Industries introduced two new Air-Operated Diaphragm Pump Evacuation System Kits to its Service Equipment Division. The strategic initiative was aimed at expanding the company’s product offerings.
 

In April 2021, Valvoline Inc., signed an agreement to acquire franchisee AWC Premium Automotive Service Ltd. This acquisition added 16 franchise-owned Valvoline Instant Oil Change (VIOC) quick-lube service centers to the company. This acquisition is expected to close by the third quarter of 2021. This acquisition would enable the company to further expand its existing network of quick lube service centers in the U.S.