Number of Plastics Material and Resin Manufacturing Businesses in the US (2000–2023)
As of 2023
1,094
plastics material and resin manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The plastics material and resin manufacturing industry has grown 131.3% since 2000 (from 473 to 1,094 firms).
- •The peak year was 2023 with 1,094 firms.
- •Recent trend (last 5 years): the industry is growing (+5.5%).
- •Employment: 111,238 workers in 2023 (-5.3% change since 2000).
- •Estimated 5-year survival rate: 82%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 1,094 | 1,508 | 111,238 | 5.3% | 3.9% | +0.1% |
| 2022 | 1,080 | 1,472 | 110,370 | 6.1% | 3.9% | +5.0% |
| 2021 | 1,053 | 1,423 | 104,391 | 5.4% | 4.7% | -1.4% |
| 2020 | 1,011 | 1,366 | 104,669 | 3.6% | 5.2% | -0.4% |
| 2019 | 1,037 | 1,398 | 107,247 | 3.6% | 4.4% | +1.1% |
| 2018 | 1,044 | 1,398 | 105,335 | 4.9% | 4.6% | +4.4% |
| 2017 | 1,033 | 1,370 | 99,696 | 3.7% | 5.0% | +1.3% |
| 2016 | 1,029 | 1,362 | 95,612 | 4.2% | 4.8% | -0.6% |
| 2015 | 1,036 | 1,367 | 94,585 | 2.7% | 3.9% | -1.3% |
| 2014 | 1,046 | 1,385 | 95,721 | 3.6% | 3.5% | +4.4% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.