Bouncing back: Recovering downstream demand will support growth, but import competition remains

Over the five years to 2017, the Rubber Product Manufacturing industry expanded as demand from key downstream buyers, including original equipment manufacturers (OEMs) increased. Additionally, a revitalized US automotive and construction sector, bolstered demand for industry exports over the past five years. Moving forward, rising demand from vital downstream markets will continue to support industry growth. Over the next five years, trade will continue to be critical to industry performance, as demand from similar downstream markets in the United States is anticipated to increase over the period...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
0.5%
Forecast Growth 17-22
Profit
Employment
8,200
Businesses
188
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Competition from imports will continue to temper industry revenue growth
  • Trade has played an increasingly important role for industry operators
  • The United States will continue to serve as the leading export destination for industry products
  • Industry Report - Industry Analysis Chapter

    The Rubber Product Manufacturing industry produces a wide variety of products, including shock absorber mounts, rubber mats, shields, stair treads, subflooring, flooring and roofing. These products are primarily used for cushioning, insulation, vibration and sound dampening and are sold to various downstream markets, including automotive and consumer goods manufacturers, as well as industrial and construction markets. Over the five years to 2017, the industry expanded as demand from key downstream buyers, including original equipment manufacturers (OEMs) increased. Additionally, a revitalized US automotive and construction sector, bolstered demand for industry exports over the past five years.As a result, industry revenue is expected to increase slowly at an annualized rate of 0.5% t...purchase to read more.

    Additional Insights for the Rubber Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Rubber Product Manufacturing Industry are

  • Ability to quickly adopt new technology
  • Supply contracts in place for key inputs
  • Ability to accommodate environmental requirements
  • IBISWorld analysts also discuss how external factors such as Canadian-dollar effective exchange rate index and Demand from car and automobile manufacturing in the Rubber Product Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Rubber Product Manufacturing Industry?

    This industry manufactures a range of rubber products from doormats to rubber bands. Due to the diversity of goods, this industry sells to a number of downstream industries including manufacturing, construction and healthcare companies. The industry does not, however, include the following products: rubber tires and inner tubes, rubber hoses and belts, rubber gaskets, rubberized fabric, rubber clothing and gloves, rubber toys as well as rubber packing and sealing devices.

    Industry Products
  • Automotive rubber parts
  • Other rubber products for mechanical use
  • Rubber compounds and products used in nonresidential structures
  • Rubber products for miscellaneous goods, scraps and resale
  • Industry Activities
  • Extruded, molded or lathe-cut rubber goods
  • Reclaiming rubber from waste or scrap
  • Roofing (i.e. single ply rubber membrane)
  • Rubber sheeting, flooring and stair tread
  • Rubber balloon
  • Mechanical rubber goods
  • Rubber tubing (except extruded, molded, lathe-cut)
  • Rubber thread (except fabric-covered)
  • Birth control device (i.e. diaphragms, prophylactics)
  • Rubber mattresses and life raft
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian-dollar effective exchange rate index
  • Demand from car and automobile manufacturing
  • Industrial capacity utilization
  • Value of nonresidential construction
  • World price of rubber

  • Current Performance
  • Automobile manufacturers drive growth
  • Trade still essential
  • Profitability continues
  • Chart: Revenue Growth

  • Industry Outlook
  • Trade maintains importance
  • Downstream markets remain strong
  • Pressure on industry profit
  • Innovation necessary
  • Table: Rubber Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Rubber Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Shoe & Footwear Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada
  • Truck & Bus Manufacturing in Canada

  • Key Selling Industries
  • Plastic & Resin Manufacturing in Canada
  • Plastics & Rubber Machinery Manufacturing in Canada

  • Products & Services
  • Rubber compounds and products used in nonresidential structures
  • Automotive rubber parts
  • Rubber products for miscellaneous goods, scraps and resale
  • Other rubber products for mechanical use
  • Chart: Rubber Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Trade driving demand
  • Manufacturing
  • Construction
  • Demand for substitute goods

  • Major Markets
  • Exports
  • Transportation manufacturing
  • Other manufacturing industries
  • Construction industries
  • Other industries
  • Industrial machinery manufacturing
  • Chart: Major Market Segmentation for the Rubber Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Rubber Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Rubber Product Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Rubber Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Rubber Product Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Canadian-dollar effective exchange rate index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Elastomer
  • A type of polymer noted for its elastic properties.
  • North American Free Trade Agreement (Nafta)
  • An agreement between the United States, Canada, and Mexico to increase trade flows between the countries.
  • Polyethylene Foam
  • A substitute for rubber foam, used for packaging and cushioning.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Rubber Product Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Rubber Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Rubber Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Rubber Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear