INDIANAPOLIS—The Association for Rubber Products Manufacturers has released its annual State of the Rubber Industry Report, a comprehensive study for industry executives that analyzes major market data and trends.
The benchmarking report highlights information on the outlook for the U.S. rubber industry for 2020 by looking at historical trends and fourth quarter results, according to ARPM.
The report can be purchased at www.arpminc.com.
"One of ARPM's primary objectives focuses on creating practical business benchmarks to help executives make better, more informed decisions and we feel this report showcases this fact," said Letha Keslar, managing director at ARPM.
The report contains data related to sales trends, production tooling, capital expenditures, money and profits, market diversity, offshoring and reshoring, and challenges facing the industry, according to ARPM.
Established in 2010, the ARPM is managed by rubber business leaders and has more than 90 members.