No Market Stands Alone:
When the demand for one rises or falls – the other is impacted, either directly or indirectly. The debacle of 2007 and 2008 brought the economy to a screeching halt and rubber product manufacturers all over the country felt the pinch.
But now cautious optimism is in the air. The Dow Jones has shown promising signs since August 2017. Even though small and medium businesses are uncertain about reaping the expected rewards with the administration change – the morale of the country is up.
It’s estimated that the US will see rubber revenue stretch to touch the 20 billion dollar mark before the year is up.
Automobile, Construction, Supply Chain & More:
Custom rubber parts and extrusions are indispensable.
The automobile industry has grown at a telling rate and it alone is set to consume about $28.6 million worth of transfer coating rubber coated fabrics. Despite the widespread penetration of foreign tire brands, U.S. based businesses are still holding on to the lion’s share of the dollars pie. These two factors will work synergistically to boost rubber demand in the very near future.
Construction and housing also happen to be large and thriving rubber markets. Vendors and workers in the sector are looking forward to 2018 because the running year has seen a record number of building permits fly from the local municipality offices. This can only mean one thing – large hauls of channels, connectors, display components, door gaskets, door seals, edgings, face plates, finned tubes, furniture parts, gaskets, insulation, sealants, seals, spliced gaskets, signs, toy parts, tubes and tubing delivered to the chugging housing engine.
Supply chain & transportation do not lag far behind. Their cumulative share is an impressive 8% of the GDP and providers in this market look to rubber manufacturers for component parts, tie downs, and durable tarps.
Serving Beyond Expectations:
Universal Polymer & Rubber Ltd. operates from a place of integrity. We have strategically expanded our production capacity and our ability to fulfil custom design demands with an eye to this inevitable surge in the rubber industry.
We are already positioned – both in terms of reputation and equipment sophistication – to be a reliable partner to vendors who will soon need to order larger shipments of rubber molding and extrusion items than ever before.
You can also request quotes here.