| SIC Codes: | 3061 3052 3011 2673 2671 3069 3081 3082 3083 3084 3085 3086 3088 3089 7534 |
| NAICS Codes: | 326140 326150 326160 326191 326199 326211 326212 326220 326291 326299 326111 326112 326113 326121 326122 326130 |
The US plastic and rubber products manufacturing industry includes about 10,000 companies with combined annual revenue of about $190 billion. Major companies include Berry Plastics, Cooper Tire & Rubber, Goodyear, Newell Rubbermaid, and Pactiv.
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 such as bottles and plastic film. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per employee is about $300,000.
Major products include plastic bags and bottles, plastic film and sheets, plastic pipe and foams, rubber hoses, and tires. Plastic products account for about 80 percent of industry revenue.
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