Plastic & Resin Manufacturing in the US
Following a volatile period, the Plastic and Resin Manufacturing industry experienced solid demand over the five years to 2016. The industry, which relies on demand from downstream manufacturers and the construction sector, benefited from increased construction and manufacturing activity, though low product prices negatively impacted revenue. The prices of raw materials, such as crude oil, were also volatile over the five years to 2016. Crude oil prices quickly recovered from recessionary lows, reaching record levels in 2012. Much like the current period, growing downstream markets are expected to support industry demand over the five years to 2021, although rising input prices and a strengthening US dollar will constrain growth.This industry manufactures resins, plastic materials (i.e. polymers) and synthetic rubber. This includes thermosetting resins, thermoplastic resins and synthetic rubber. Raw material inputs are sourced from chemical industries and industries involved in the production of petroleum-based feedstock.
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.