$4.7bn
$XXX.Xm
11,467
200
$XXX.Xm
Laminated plastics manufacturers produce thermoplastic, thermosetting and other types of plastic sheets, shapes, plates and rods that are sold to multiple manufacturing sectors. Various downstream manufacturing and construction industries use these products, 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.
Industry revenue has declined at a CAGR of 1.3 % over the past five years, to reach an estimated $4.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Spartech LLC | 305.4 | 7.0 | 2.3 |
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Industry revenue is measured across several distinct product and services lines, including Thermoplastic laminates, Thermosetting laminates and Other plastic laminates. Thermoplastic laminates is the largest segment of the Laminated Plastics Manufacturing in the US.
Demand for thermoplastic laminates soars as the economy recovers from the COVID-19 pandemic
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.
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NAICS 32613 - Laminated Plastics Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Laminated plastics manufacturers have displayed declining revenue. The COVID-19 pandemic caused the need from downstream markets to crater, high input prices reduced profitab...
Learn about an industry's products and services, markets and trends in international trade.
Spending on thermoplastic laminates has increased while spending on thermosetting laminates has fallen. Many auto parts require thermosetting laminates, so spending on them h...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Great Lakes region is home to many of the nation's manufacturers and large automakers. Since downstream manufacturing and auto parts are buyers of laminated plastics, the...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Localization is significant in this industry, as small manufacturers have established niche markets in specific regions. Regionalization has caused small manufacturers to gai...
Learn about the performance of the top companies in the industry.
The largest operator in the industry, Spartech LLC, comprises only 7.0% of revenue for laminated plastics manufacturers. Localization, moderate barriers to entry and the prev...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Laminated plastics manufacturers are regulated on the state, local and federal levels. The EPA regulates emissions and chemical use, while state governments set recycling rul...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has recovered from its nadir during the COVID-19 pandemic. Still, high inflation, poor supply chains and elevated interest rates have inhibited the industry's performa...
Including values and annual change:
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The market size of the Laminated Plastics Manufacturing in the US industry in United States is $4.7bn in 2024.
There are 200 businesses in the Laminated Plastics Manufacturing in the US industry in United States, which has declined at a CAGR of 1.3 % between 2019 and 2024.
The market size of the Laminated Plastics Manufacturing in the US industry in United States has been declining at a CAGR of 1.3 % between 2019 and 2024.
Over the next five years, the Laminated Plastics Manufacturing in the US industry in United States is expected to grow.
The biggest company operating in the Laminated Plastics Manufacturing market in United States is Spartech LLC
Thermoplastic lamination and Thermosetting lamination are part of the Laminated Plastics Manufacturing in the US industry.
The company holding the most market share in United States is Spartech LLC.
The level of competition is moderate and steady in the Laminated Plastics Manufacturing in the US industry in United States.