Despite the onslaught of the recession, skyrocketing raw-material costs and increased competition with imports, the Rubber Product Manufacturing industry has shown resilience. However, while the industry is expected to grow over the next five years, revenue gains will be limited due to external competition from substitute products such as plastics, increasing import penetration and weakened demand from key downstream markets such as industrial machinery manufacturing.
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 a number of 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.