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Forecast on U.S. rubber and plastics end-use market output 2020-2025

This statistic displays a forecast of the rubber and plastics end-use market output in the United States from 2020 to 2025. From 2019 to 2020, the rubber and plastics end-use market output is expected to decrease by 13.2 percent, mostly due to the impacts of the COVID-19 pandemic. Appreciation of the U.S. dollar is likely to reduce costs and increase production in the chemical industry. The capacity of the chemical industry is also continuing to increase and will likely contribute to innovation and more efficient production.

Projection of the U.S. rubber and plastics end-use market output from 2020 to 2025

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Source

Release date

June 2020

Region

United States

Survey time period

2020

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Statistics on "Rubber industry worldwide"

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