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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 2015

Lost its bounce: Industry weakens as demand from domestic automotive manufacturing declines

IBISWorld’s Natural 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.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$925m
Annual Growth 10-15
0.2%
Annual Growth 15-20
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Profit
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Employment
2,459
Businesses
184
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, much to the industry’s detriment. In addition, demand from major markets such as the Motor Vehicle Manufacturing industry is weakening and is therefore unable to offer much respite. Industry revenue is estimated to increase at an annualised 0.2% over the five years through 2014-15. Growth has been relatively weak due to a strong rebound in 2009-10, after the financial crisis. Industry revenue is expected to grow by 3.5% to $925.3... purchase to read more

Industry Report - Industry Products Chapter

The fortunes of the industry's product segments are highly dependent on the changes in demand from downstream industries. Over the past five years, products that have been sold to growing sectors such as mining and construction have gained industry revenue share. Meanwhile, products that have been sold to declining industries, including many in the manufacturing sectors, have been losing share.

Sponge and foam rubber

Sponge and foam rubber is the largest industry product segment, accounting for 31.1% of revenue in 2014-15. The industry's customised sponge and foam rubber products are used in the construction of household furnishings, automotive upholsteries and pillows... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Natural Rubber Product Manufacturing Industry?

Industry operators mainly manufacture a variety of products made from natural rubber that are not elsewhere classified. These products range from bath mats and floor coverings, to conveyor belts and tubing.

Industry Products
Sponge and foam rubberRubber hoses and beltsRubber floor coveringsRubber seals and washersConsumer goods
 
Industry Activities
Natural rubber bath matNatural rubber conveyor beltResilient natural rubber floor covering or underlayNatural rubber mattress protectorNatural rubber spongeNatural rubber tubingNatural rubber washer


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