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Rubber Product Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: August 2022 NAICS NM32629

Rubber Product Manufacturing in New Mexico industry analysis

The Rubber Product Manufacturing industry in New Mexico is expected to decline an annualized -x% to $x.x million over the five years to 2022, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x% to $x.x thousand.

Over the five years to 2027, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Rubber Product Manufacturing in New Mexico Market Research Report

What’s Included in the Rubber Product Manufacturing in New Mexico Market Research Report

Definition of the Rubber Product Manufacturing in New Mexico?

Operators in the Rubber Product Manufacturing industry manufacture a range of rubber products, including automotive parts, doormats, rubber foam and rubber tubing. Due to the variety of goods, this industry sells to various downstream industries, including manufacturing and construction companies.

What’s included in the Rubber Product Manufacturing in New Mexico?

The Rubber Product Manufacturing in New Mexico includes extruded, molded or lathe-cut rubber goods manufacturing, mechanical rubber goods manufacturing, rubber balloon manufacturing, birth control device (i.e. diaphragms, prophylactics) manufacturing, rubber mattresses and life raft manufacturing, reclaiming rubber from waste or scrap, roofing (i.e. single ply rubber membrane) manufacturing, rubber sheeting manufacturing, rubber thread (except fabric-covered) manufacturing and rubber tubing (except extruded, molded, lathe-cut) manufacturing. Related terms covered in the Rubber Product Manufacturing in New Mexico industry report includes an agreement between the united states, canada and mexico to increase trade flows between the countries, a substitute for rubber foam, used for packaging and cushioning, creative work undertaken by a company to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one, to procure goods or services under contract with an outside supplier and a type of polymer noted for its elastic properties.

Industry Performance of the Rubber Product Manufacturing industry in New Mexico

Benchmark the Rubber Product Manufacturing in New Mexico industry performance with all NM county and national performance.

Rubber Product Manufacturing in New Mexico

#43 in Highest Revenue 0% of state's GDP
Revenue (2022)
Annual Growth (2017-22)
Annual Growth (2022-27)

Rubber Product Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Rubber Product Manufacturing industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, new car sales, value of construction and trade-weighted index are impacting Rubber Product Manufacturing in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

New car sales
Value of construction
Trade-weighted index

For the full list of industry drivers, see report purchase options.

County Data of the Rubber Product Manufacturing industry in New Mexico

Key Statistics of the Rubber Product Manufacturing industry in New Mexico

Download 17 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Rubber Product Manufacturing industry in New Mexico in 2025?

The market size of the Rubber Product Manufacturing industry in New Mexico is $4.8m in 2025.

How many businesses are there in the Rubber Product Manufacturing industry in New Mexico in 2025?

There are 4 businesses in the Rubber Product Manufacturing industry in New Mexico, which has been declining at an average annual rate of -4.4% from 2017 to 2022.

Has the Rubber Product Manufacturing industry in New Mexico grown or declined over the past 5 years?

The market size of the Rubber Product Manufacturing industry in New Mexico has been declining at an average annual rate of -8.0% from 2017 to 2022.

How many employees in the Rubber Product Manufacturing industry in New Mexico in 2025?

There are 21 employees in the Rubber Product Manufacturing industry in New Mexico, which has been declining at an average annual rate of -2.6% from 2017 to 2022.