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Natural Rubber Product Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Natural Rubber Product Manufacturing Market Research Report | ANZSIC C1920 | Apr 2016

Burning rubber: Industry exports bounce back, but not enough to stem revenue declines

IBISWorld’s Natural Rubber Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$865m
Annual Growth 11-16
-0.5%
Annual Growth 16-21
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Profit
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Employment
2,446
Businesses
163
Industry Analysis & Industry Trends

As with numerous manufacturing industries in Australia, the Natural Rubber Product Manufacturing industry is facing stiff competition from imports. Local manufacturers are finding it increasingly difficult to compete on prices. Meanwhile, demand from major markets such as the Motor Vehicle Manufacturing industry is weakening. Industry revenue is expected to decline at an annualised 0.5% over the five years through 2015-16. However, industry revenue is expected to grow by 0.9% over 2015-16, to reach $865.3 million. The current-year revenue increase is being driven by growth in export markets caused by depreciations in the Australian dollar.

The industry manufactures a range of rubber products, from rubber washers to the rubber belts used in car engines. Over 60.0%... purchase to read more

Industry Report - Industry Analysis Chapter

The Natural Rubber Product Manufacturing industry has been under pressure from import penetration and high wage costs. However, the industry has had some positive developments in trading conditions. Significant declines in the world price of rubber over the past five years have provided some relief to the industry and supported profit margins. An increase in construction activity has also provided some growth in the domestic market and supported industry revenue. Meanwhile, depreciations in the value of the Australian dollar since 2012-13 have boosted export competitiveness and are expected to support industry growth over 2014-15 and 2015-16. Growth in exports is expected to drive an industry revenue increase of 0.9% over 2015-16... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Natural Rubber Product Manufacturing Industry?

Industry operators manufacture a variety of products that are made solely from natural rubber. These products range from rubber foam and floor coverings, to conveyor belts and tubing.

Industry Products
Rubber beltingRubber tubes, pipes and hosesRubber sheets, strips, plates and profile shapesSponge and foam rubber
 
Industry Activities
Natural rubber conveyor beltResilient natural rubber floor covering or underlayNatural rubber tubingNatural rubber hoseNatural rubber sheeting


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