Plastic & Resin Manufacturing in Illinois - Industry Market Research Report

  • ID: 4578277
  • Report
  • Region: Illinois
  • 28 pages
  • IBISWorld
1 of 4
Resilient resin: Revenue to bounce back over the next five years due to improving demand and input costs

FEATURED COMPANIES

  • Cope Plastics Inc.
  • Hexion
  • MRC Polymers Inc.
  • Star Thermoplastics
  • MORE

Plastic & Resin Manufacturing in Illinois

Over the past five years, the Plastic and Resin Manufacturing industry in Illinois has suffered revenue decreases, due mainly to weak manufacturing activity in the state, as well as volatile prices for key inputs. While both the residential and nonresidential construction sectors have rebounded and showed strong growth over the five years to 2017, demand from these industries could not offset the lack of demand from the declining manufacturing sector, or the falling prices of natural gas and crude oil. However, over the next five years, however, these trends are expected to reverse. Input prices are expected to rise, and manufacturing is expected to show modest growth, which, in conjunction with continued strong demand from the construction sector, is expected to boost industry revenue.

This industry manufactures resins, plastic materials (i.e. polymers) and synthetic rubber. This includes thermosetting resins, thermoplastic resins and synthetic rubber. Raw material inputs are sourced from chemical industries and industries involved in the production of petroleum-based feedstock.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Cope Plastics Inc.
  • Hexion
  • MRC Polymers Inc.
  • Star Thermoplastics
  • MORE
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
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Cope Plastics Inc.
  • MRC Polymers Inc.
  • Star Thermoplastics
  • Hexion
  • National Plastics and Seals
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll