Introduction
According to the International Trade Centre’s Trade Map, South Africa exported 28,200 tons (t) of other rubber products (all rubber products except tyres and tubes) to the value of US$164.4m in 2018, while Stats SA figures indicate 18,924 people were employed in the manufacture of rubber products in the fourth quarter of 2019. However, challenging macro-economic conditions compounded by rising input costs continue to have a significant effect on the performance of the local rubber products manufacturing sector.
Strengths
• The manufacturing industry for rubber products other than tyres is well established.
• Wide range of end-users, with rubber products used in most sectors of the economy.
Weaknesses
• A lack of skills development.
• Inadequate investment in new technology.
• Low levels of spending on research and development.
• Production machines have to be imported.
• Raw materials natural rubber and synthetic rubber have to be imported.
Opportunities
• Increased demand for rubber automotive components due to the objectives of the South African Automotive Masterplan.
Threats
• Companies are forced to spend money on alternative power supplies due to load-shedding.
• Depressed domestic demand due to low economic growth.
• Few capital projects in the local mining industry.
• Increasing cost of electricity, water, transport, input materials and labour.
• Increasing imports of rubber products.
Outlook
The International Rubber Study Group expects global rubber demand for the manufacture of rubber products other than tyres to increase by 4.3% in 2020. This is however, expected to lead to higher prices for natural and synthetic rubber. The World Bank forecast the annual average natural rubber price to increase by 3.6% in 2020 to US$1.71/kg. Referring to the local rubber products manufacturing sector, Stoney Steenkamp, managing director of Hudson Rubber Company, said: “The current unfavourable economic climate may be affecting many sectors, but I believe that the rubber sector, specifically, will survive as the product remains resilient and relevant in the industrial markets.” The sector will be affected by the recession caused by the coronavirus pandemic, as major customers such as the mining and automotive industries will likely reduce output in response to lower demand for their products.
Full Report
R 1 900.00(ZAR) estimated $107.74 (USD)*
Industry Landscape
R 1 330.00(ZAR) estimated $ 75.42 (USD)*
Historical Reports
Manufacture of Other Rubber Products Industry in South Africa 2016-10-25
R 1 900.00(ZAR) estimated $107.74 (USD)*
View Report Add to CartTable of Contents
[ Close ]PAGE | ||
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1. | INTRODUCTION | 1 |
2. | DESCRIPTION OF THE INDUSTRY | 1 |
2.1. | Industry Value Chain | 1 |
2.2. | Geographic Position | 2 |
3. | SIZE OF THE INDUSTRY | 3 |
4. | STATE OF THE INDUSTRY | 3 |
4.1. | Local | 3 |
4.1.1. | Trade | 6 |
4.1.2. | Corporate Actions | 10 |
4.1.3. | Regulations | 10 |
4.1.4. | Enterprise Development and Social Economic Development | 11 |
4.2. | Continental | 11 |
4.3. | International | 12 |
5. | INFLUENCING FACTORS | 13 |
5.1. | Economic Environment | 13 |
5.2. | Rising Input Costs | 14 |
5.3. | Technology, Research and Development (R&D) and Innovation | 15 |
5.4. | Government Incentives and Support | 15 |
5.5. | Environmental Concerns | 16 |
5.6. | Labour | 16 |
6. | COMPETITION | 17 |
6.1. | Barriers to Entry | 18 |
7. | SWOT ANALYSIS | 19 |
8. | OUTLOOK | 19 |
9. | INDUSTRY ASSOCIATIONS | 20 |
10. | REFERENCES | 20 |
10.1. | Publications | 20 |
10.2. | Websites | 21 |
APPENDIX 1 | 22 | |
Summary of Notable Players | 22 | |
COMPANY PROFILES | 26 | |
ALP AFRICA (PTY) LTD | 26 | |
ARGENT INDUSTRIAL LTD | 28 | |
BRIDGESTONE SOUTH AFRICA (PTY) LTD | 33 | |
CONTITECH AFRICA (PTY) LTD | 36 | |
DELTA RUBBER (PTY) LTD | 38 | |
DUNLOP INDUSTRIAL AFRICA (PTY) LTD | 40 | |
DUNLOP INDUSTRIAL PRODUCTS (PTY) LTD | 42 | |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY) LTD | 45 | |
H AND M ROLLER TECHNOLOGIES (PTY) LTD | 47 | |
HUDSON RUBBER COMPANY (PTY) LTD | 49 | |
MULTOTEC RUBBER (PTY) LTD | 51 | |
NATIONAL RUBBER MATMIN (PTY) LTD | 52 | |
NUVO RUBBER COMPOUNDERS (PTY) LTD | 54 | |
RUBBER PRODUCTS AND MOULDINGS (PTY) LTD | 56 | |
S AND N RUBBER (PTY) LTD | 58 | |
SEAL N DEVICES (PTY) LTD | 60 | |
TECHNI-FLEX CC | 62 | |
TEGA INDUSTRIES AFRICA (PTY) LTD | 64 | |
TENSILE RUBBER (PTY) LTD | 66 | |
TRANSVAAL RUBBER COMPANY (PTY) LTD | 68 | |
VAN RYN RUBBER HOLDINGS (PTY) LTD | 71 | |
WEIR MINERALS AFRICA (PTY) LTD | 72 |