The market is dominated by domestic suppliers, as imports account for 49.7% of total market size in 2022. Households drive market demand, with household spending representing 49.9% of total demand in 2022. The US has the largest market size for rubber products across the top 20 developed countries, with demand reaching USD98.3 billion in 2022. Goodyear Tire & Rubber Co, The is the largest company in the US, generating 5.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.0% of total production value in 2022. The total number of companies increases in 2022, to 3,051 units. The costs of the industry increase by 3.8% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 9.8% of production value in 2022, the ninth highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 14.9% of total production output. With production value of USD42.1 billion, the US accounts for 89.1% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Rubber Products in the US: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in the US: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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