• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

The US Plastics and Rubber Products Manufacturing Industry is a Highly Fragmented One With No Manufacturer Holding More Than 2 Percent of the Market

Posted on: Friday, 20 January 2006, 12:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c31257) has announced the addition of Plastic and Rubber Products Manufacturing - Industry Profile to their offering.

In the US, about 16,000 companies produce plastic and rubber products, with combined annual revenue of $150 billion, of which plastics account for 80 percent. Few manufacturers (including divisions of DuPont, Tenneco, Textron, and Mark IV Industries) have sales over $1 billion. In this highly fragmented industry, no manufacturer holds more than 2 percent of the market because of product specialization. This industry is a collection of hundreds of niches, determined by material type, manufacturing process, and end-use. The typical plastics or rubber company has sales less than $100 million.

Because plastic products are widely used in industry and as consumer products, demand depends on the health of the US economy. The profitability of individual companies depends on product volume and on the cost of raw materials. Large companies have economies of scale in buying raw materials and in manufacturing commodity products like bottles and plastic film. Small companies can compete effectively by producing specialized products. Annual revenue per worker is about $150,000.

This easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. Information is synthesized from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

This industry report will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. The report is also essential for professional organizations that want make savvy, educated business decisions.

Key topics covered include:

-- Industry Overview

-- Quarterly Industry Update

-- Business Challenges

-- Trends and Opportunities

-- Call Preparation Questions

-- Financial Information

-- Industry Forecast

-- Website and Media Links

-- Glossary of Acronyms

Companies mentioned:

-- DuPon

-- Tenneco

-- Textron

-- Mark IV Industries

For more information visit http://www.researchandmarkets.com/reports/c31257

Source: Business Wire

More News in this Category