Out with the new: Recycled plastic and rubber processing now dominates the industry

IBISWorld’s Synthetic Resin and Synthetic Rubber Manufacturing in New Zealand 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.


Industry Analysis & Industry Trends

The Synthetic Resin and Synthetic Rubber Manufacturing industry has performed poorly over the past five years. The industry's performance over the period has been due to lower production and weaker demand for the industry's products. Falls in output and revenue have been mostly due to decreased demand from the manufacturing sector, particularly plastic and rubber manufacturing, and paint and coatings manufacturing. The industry has also suffered from high import penetration and a relatively strong New Zealand dollar that has negatively affected exporters and benefited importers.

Over the past five years, downstream industry firms have started almost exclusively importing new polymer raw materials...

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What is the Synthetic Resin and Synthetic Rubber Manufacturing in New Zealand industry?

The Synthetic Resin and Synthetic Rubber Manufacturing industry is highly capital intensive. Wage costs are expected to account for 13.5% of industry revenue in the current year and capital requirements are expected to make up 5.0% of industry revenue. For each dollar invested in labour inputs, approximately $0.37 is spent on capital plant, equipment and machinery.

Capital intensity has declined over the past five years, with the exit of new synthetic resin and synthetic rubber manufacturers. The industry is now made up of companies that use recycled plastics and rubber, and granulate and package these into pellets or crumb for further processing by downstream manufacturers. Thi...

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New Zealand Special Report

Products & Brands

Major products in this industry
Recycled plastic and resin pellets
Recycled rubber crumb
Blended polymers
New synthetic resin and rubber

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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