Rubber Product Manufacturing in the US - Industry Market Research Report

Rubber Product Manufacturing in the US - Industry Market Research Report

  • March 2017
  • 37 pages
  • Ibisworld
Report ID: 198732
Banding together: Revenue gains will be spurred by downstream market growth

Abstract
Rubber Product Manufacturing in the US
Over the five years to 2017, industry revenue is expected to decline slightly. Growth occurred toward the beginning of the five-year period, when revitalized manufacturing activity sustained strong demand for automotive rubber components from downstream buyers.

However, weakening demand from other key markets, as well as sharp drops in the price of natural and synthetic rubber inputs, have constrained industry performance for the majority of the five-year period. Moving forward, import competition is expected to intensify over the next five years. Lower labor costs and a relatively less stringent regulatory environment in countries will weigh on industry operators. Furthermore, the dollar is expected to remain strong relative to other currencies, making imports more attractive for domestic buyers and US-made rubber products less competitive in global markets.

Consequently, the trade deficit for the industry is expected to continue widening. Despite these challenges, IBISWorld anticipates profit margins to improve.Operators in this industry manufacture a range of rubber products, including automotive parts, doormats, rubber bands and rubber gloves. Due to the diversity of goods, this industry sells to various downstream industries, including manufacturing, construction and healthcare companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY



MAJOR COMPANIES

There are no major players in this industry

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Country=UnitedStates Industry=Manufacturing ParentIndustry=Manufacturing Date=201703 Topic=MarketReport Publisher=Ibisworld Price=1000