Rubber Product Manufacturing in the US - Industry Market Research Report
Description
Rubber Product Manufacturing in the US
The Rubber Product Manufacturing industry offers a wide variety of rubber-based products, ranging from automotive components and roofing materials to shoe soles and office supplies. Volatile fluctuations in the price of natural and synthetic rubber inputs have constrained industry revenue performance during most of the period. Also, steep drops in demand from key markets because of the COVID-19 pandemic spurred industry revenue to fall 13.6% in 2020 alone. However, the industry bounced back strongly, rising 5.7% in 2021, as the economy reopens and downstream markets attempt to capture pent-up demand for automobiles and consumer products. Still, industry-wide revenue fell at a CAGR of 3.9% to $18.6 billion over the past five years, including a 2.8% drop in 2023.
Operators in the Rubber Product Manufacturing industry manufacture a range of rubber products, including automotive parts, doormats, rubber foam and rubber tubing. Due to the variety of goods, this industry sells to various downstream industries, including manufacturing and construction 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."
The Rubber Product Manufacturing industry offers a wide variety of rubber-based products, ranging from automotive components and roofing materials to shoe soles and office supplies. Volatile fluctuations in the price of natural and synthetic rubber inputs have constrained industry revenue performance during most of the period. Also, steep drops in demand from key markets because of the COVID-19 pandemic spurred industry revenue to fall 13.6% in 2020 alone. However, the industry bounced back strongly, rising 5.7% in 2021, as the economy reopens and downstream markets attempt to capture pent-up demand for automobiles and consumer products. Still, industry-wide revenue fell at a CAGR of 3.9% to $18.6 billion over the past five years, including a 2.8% drop in 2023.
Operators in the Rubber Product Manufacturing industry manufacture a range of rubber products, including automotive parts, doormats, rubber foam and rubber tubing. Due to the variety of goods, this industry sells to various downstream industries, including manufacturing and construction 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
45 Pages
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
Pricing
Currency Rates
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