Deceuninck - Competitors

Deceuninck Competition

Now Viewing Deceuninck's competition in: Plastic and Rubber Products Manufacturing

Recent Developments

US Construction Decline Continues - The value of US construction put in place, a driver of demand for plastic and rubber products, fell 2.8 percent in the first five months of 2008 compared to the same period in 2007. Residential construction declined 19.9 percent; nonresidential construction rose 12.9 percent. Many experts say that a weak US economy and lower credit availability will cause residential construction to remain slow.

Declining Auto Production Leads to Layoffs - Declining US auto production is causing some plastic and rubber products manufacturers to lay off workers and idle equipment in mid-2008. Injection molding company UFE will cut more than 50 jobs due to reduced auto production. US new auto sales fell 10.8 percent in May 2008 compared to the same month in 2007, according to Edmunds.com.

Saudi Arabia to Increase Oil Production - In June 2008, Saudi Arabia said that it would raise oil production to record levels within weeks. The announcement came as the price of oil, a source of key materials used in plastic and rubber product manufacturing, came close to $140 per barrel for the first time. Industry experts say that members of OPEC generally follow the Saudi lead on raising production, but OPEC's president says that no decision will be made until a September meeting.

Competitive Landscape

Because plastic products are widely used in industry and as consumer products, demand depends on the health of the US economy. The profitability of individual companies depends on product mix and production efficiency. Large companies have economies of scale in buying raw materials and in manufacturing commodity products like bottles and plastic film. Small companies can compete effectively by producing specialized products. Annual revenue per worker is about $220,000.

Full Industry Overview For Plastic and Rubber Products Manufacturing

Plastic and Rubber Products Manufacturing Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US plastic and rubber products manufacturing is forecast to increase at an annual compounded rate of 4.4 percent between 2007 and 2012.

Plastic & Rubber Product Production Growth Steadies

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.