Make Sure Your Company Is Ready for the Huge Rebound from the Pandemic

Now might be a good time to start gearing up for a resurging economy.

The COVID-19 pandemic has impacted the world’s economy in many ways. In the United States, overall economic activity has dropped significantly, though some segments of the economy were less affected.

While it is fairly easy to measure consumer demand, the impact on U.S. rubber parts manufacturing is harder to measure because of the lead-times necessary to plan future production. There is no doubt, however, that thousands of businesses have delayed or reduced orders for new parts.

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TMI Stepping Up to Help Meet 51% Increase in Global Demand for Rubber Molding

The worldwide rubber molding market is expected to grow from $33.97 billion in 2019 to over $51.42 billion in the next five years – that’s a 51 percent increase!

A lion’s share of this increased business will happen in the United States because of serious production problems expected in China and other countries that are big players in the global rubber molding industry.

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Continue ReadingTMI Stepping Up to Help Meet 51% Increase in Global Demand for Rubber Molding