Plastic Products Miscellaneous Manufacturing in Illinois - Industry Market Research Report

Fantastic Plastics: the Industry is Expected to Experience Steady Growth as Demand Increases

Plastic Products Miscellaneous Manufacturing in Illinois

The Plastic Products Miscellaneous Manufacturing industry in Illinois has experienced moderate growth over the past five years, aided by increased demand from several downstream industries. More specifically, the values of both residential and nonresidential construction in Illinois have grown robustly over the five years to 2017, which, in combination with steady demand from auto manufacturers, have raised industry revenue. Over the five years to 2022, revenue is projected to grow at a faster rate, as demand from the aforementioned industries will remain steady, while other factors, including the price of crucial inputs, employment and wages are expected increase after declining over the previous five-year period.

This industry comprises companies that manufacture a range of plastic products, including housewares, building materials, motor vehicle parts, resilient floor coverings and appliance parts. This industry excludes plastic film, sheets, bags, profile shapes, pipes, pipe fittings, laminates, foam products and bottles.

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.