Plastic uptick: Increased demand from the construction sector will boost industry revenue

The Laminated Plastics Manufacturing industry has generally expanded over the five years to 2018. Since 2013, improving economic conditions have revitalized construction, driving demand for industry products. Correspondingly, rising construction activity has increased demand from a variety of downstream consumer goods markets that use industry products as inputs. Over the five years to 2023, the industry is projected to experience higher demand from the transportation and construction sectors. However, demand from transportation equipment manufacturing is expected to increase at a slower pace compared to the previous few years, indicating modest future revenue growth for laminated plastics manufacturers...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
2.8%
Forecast Growth 18-23
Profit
Employment
11,361
Businesses
239

Industry Threats & Opportunities

  • Improving economic conditions have revitalized construction, driving demand for industry products
  • Consumer spending also grew as Americans resumed making purchases that they postponed prior to the period
  • Demand from downstream customers will continue to strengthen as the US economy grows
  • Industry Report - Starting a New Business Chapter

    Barriers to entry into the Laminated Plastics Manufacturing industry are moderate. Start-up costs for companies in the Laminated Plastics Manufacturing industry typically include significant initial capital expenditures for the machinery and operating space required to manufacture plastic products.Secondly, investment in research and development (R&D) is necessary to effectively compete in the industry. R&D can help expand the applications of laminated plastics and improve the efficiency of the production process, which can benefit a company by expanding its potential client base, lowering production costs and reducing the time to market for its products. The success of new entrants can hinge on their dedication to appropriate investment in R&D...purchase to read more.

    Additional Insights for the Laminated Plastics Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Laminated Plastics Manufacturing Industry are

  • Supply contracts in place for key inputs
  • Effective quality control
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Value of construction in the Laminated Plastics Manufacturing industry impact industry performance..

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    What's in this report

    What is the Laminated Plastics Manufacturing Industry?

    Companies within this industry manufacture a range of laminated plastic shapes, plates and sheets. The lamination process generally involves bonding or impregnating profiles with plastics resins and compressing them under heat. Laminated plastic products are used for interior and exterior motor vehicle parts, consumer appliances and construction projects.

    Industry Products
  • Thermoplastic laminates
  • Thermosetting laminates
  • Other plastic laminates
  • Industry Activities
  • Laminated plastic plate
  • Laminated plastic profile shapes (e.g., plate, rod, sheet)
  • Laminated plastic rod
  • Laminated plastic sheet (except flexible packaging)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Value of construction
  • Demand from transportation equipment manufacturing
  • Price of plastic materials and resin

  • Current Performance
  • Industry growth
  • Declining input costs
  • Chart: Revenue Growth

  • Industry Outlook
  • Growing demand
  • Rising costs
  • Table: Laminated Plastics Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Laminated Plastics Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Semiconductor Machinery Manufacturing
  • Printing, Paper, Food, Textile & Other Machinery Manufacturing
  • Automobile Interior Manufacturing
  • Auto Parts Manufacturing

  • Key Selling Industries
  • Industrial Machinery & Equipment Wholesaling
  • Plastic & Resin Manufacturing

  • Products & Services
  • Thermoplastic laminates
  • Other plastic laminates
  • Thermosetting laminates
  • Chart: Laminated Plastics Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Automotive and transportation manufacturing
  • Downstream manufacturing
  • Construction industries
  • Healthcare and safety product manufacturing
  • Chart: Major Market Segmentation for the Laminated Plastics Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Laminated Plastics Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Laminated Plastics Manufacturing Industry

  • Industry Globalization
    Saudi Basic Industries Corporation, Spartech LLC,
  • Table: Saudi Basic Industries Corporation - financial performance
  • Table: Spartech LLC - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Laminated Plastics 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 Laminated Plastics Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Industrial production index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Laminated Plastic
  • A plastic made of superposed layers of paper, wood or fabric bonded or impregnated with resin and compressed under heat.
  • Polyvinyl Chloride
  • A thermoplastic polymer and is the third-most widely produced plastic.
  • Resin
  • A flammable, usually transparent substance that is extracted from plant material and used to make plastics.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Laminated Plastics Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

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

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