Rubbing salt in: Falling demand and rising import penetration have led revenue to decline

The Natural Rubber Product Manufacturing industry manufactures a range of products such as conveyor belts, tubes, hoses and sheets that are made solely from natural rubber. Industry firms have faced tough operating conditions over the past five years. Although rubber prices have fallen over the period, industry manufacturers struggle to compete with cheaper imports that are produced by large foreign companies with greater economies of scale and lower operating costs. Industry players also compete with substitute goods produced from synthetic rubbers. As a result, industry firms have increasingly tried to limit profit declines by avoiding direct competition with mass-produced foreign imports and substitute products, instead focusing on made-to-order specialty and customised more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Local manufacturers are finding it increasingly difficult to compete on price
  • Significant declines in the world price of rubber have provided some relief for the industry
  • The loss of local car manufacturing is projected to continue reducing enterprise numbers
  • Industry Report - Industry Analysis Chapter

    The Natural Rubber Product Manufacturing industry has faced difficult operating conditions over the past five years. The decline of the Motor Vehicle Manufacturing industry over the same period has caused revenue to fall for industry players that manufacture automotive products such as radiator hoses and fuel lines. Weaker revenue and a declining demand base have caused enterprise and establishment numbers to fall over the period, as many firms have struggled to remain viable. In addition, rising competition from imports has reduced profit margins for manufacturers that produce items that can be mass-produced. However, increased activity in multi-unit apartment construction has limited revenue falls over the period. A s...purchase to read more.

    Additional Insights for the Natural Rubber Product Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Natural Rubber Product Manufacturing are:

  • Must comply with required product standards
  • Undertaking technical research and development
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Demand from manufacturing and World price of rubber in the Natural Rubber Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Natural Rubber Product Manufacturing Industry?

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

    Industry Products
  • Rubber tubes, pipes and hoses
  • Rubber sheets, strips, plates and profile shapes
  • Sponge and foam rubber
  • Other products
  • Industry Activities
  • Natural rubber conveyor belt
  • Resilient natural rubber floor covering or underlay
  • Natural rubber tubing
  • Natural rubber hose
  • Natural rubber sheeting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from manufacturing
  • World price of rubber
  • Demand from mining
  • Trade-weighted index

  • Current Performance
  • Profit and employment
  • Downstream trends
  • Imports and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit and industry participation
  • International trade
  • Downstream markets
  • Table: Natural Rubber Product Manufacturing Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Glass and Glass Product Manufacturing
  • Aluminium Door and Window Manufacturing
  • Motor Vehicle Manufacturing
  • Motor Vehicle Parts and Accessories Manufacturing
  • Mining and Construction Machinery Manufacturing
  • Industrial Machinery Manufacturing
  • Furniture and Floor Covering Wholesaling

  • Key Selling Industries
  • Industrial Machinery Manufacturing

  • Products & Services
  • Other products
  • Rubber sheets, strips, plates and profile shapes
  • Rubber tubes, pipes and hoses
  • Sponge and foam rubber
  • Chart: Natural Rubber Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Other industries
  • Manufacturers
  • Construction firms
  • Wholesalers and retailers
  • Mining firms
  • Export markets
  • Chart: Major Market Segmentation for the Natural 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
  • Utilities, rent and other
  • Chart: Cost Structure Benchmarking – Sector vs Natural Rubber Product Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Natural 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 Natural 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 Natural Rubber Product Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Natural Rubber
  • Refined and processed latex that is extracted from rubber trees.
  • Synthetic Rubber
  • Artificial rubber manufactured through synthesising polymers and petroleum by-products.
  • Vulcanisation
  • The process of treating rubber or rubber-like materials with sulphur at great heat to improve elasticity and strength, or to harden them.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Natural Rubber Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Natural 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 Natural 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 Natural Rubber Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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