Laminated Plastics Manufacturing in the US - Industry Market Research Report

In good shape: Rising exports because of an depreciating dollar will likely creating new revenue streams for laminated plastics manufacturers

Laminated plastics manufacturers produce thermoplastic, thermosetting and other types of plastic sheets, shapes, plates and rods that are sold to multiple manufacturing sectors. These products are used by a variety of downstream manufacturing and construction industries, so the industry is sensitive to changes in macroeconomic drivers, such as construction activity and consumer spending. Since much of the economy was completely shut down during the COVID-19 pandemic, demand from downstream markets cratered, causing revenue to plunge. As the economy opened up in 2021, the industrial sector displayed a revival, which benefited revenue for operators, as manufacturers purchase lots of laminated plastics. As oil prices skyrocketed in the wake of the conflict in Ukraine, laminated plastics manufacturers couldn't pass on these high prices, causing profit and revenue to decline. Companies in this industry manufacture a range of laminated plastic shapes, plates and sheets. The lamination process 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. 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.