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The elastomer industry in figures
$304 million profit
The rubber industry generated profits of approximately $304 million in Quebec in 2019. These figures allow for a profit margin of 17% . The profits generated by this industry experienced an average annual growth of 3.9% between 2015 and 2019.
887 million dollars of exports
In 2020, Quebec exports of rubber products amounted to $887 million . Nearly 90% of these exports are destined for the American market. 6% of its exports are directed to Mexico and the remaining 4% is distributed marginally in a dozen other countries.
6,025 workers
In 2020, 6,025 employees worked in the rubber products manufacturing sector. 80% of companies expect to see growth in their workforce over the next three years. In total, a growth of approximately 4.8% of the current employee pool is expected over three years.
3 industry-leading administrative regions
Estrie, Lanaudière and Montérégie are the three major employment hubs in the rubber industry. In total, these three regions together account for 71% of jobs in the industry. The leading region is Estrie, which is home to one in three workers in the industry in Quebec. Lanaudière accounts for 20% of jobs . Montérégie rounds out the podium with 18% of jobs in the territory.
82 Companies
Quebec has 82 of the 251 Canadian companies operating in the rubber industry on its soil. 52 of them have between 5 and 99 employees, which means that the majority of companies in the rubber industry are considered small. Rubber manufacturing represents 0.6% of manufacturing companies in Quebec.
30% female workforce
The female workforce represents 30% of employees in the rubber industry. The share of women in the tire manufacturing sector is the largest with 37% . The other sector best represented by the female workforce is the other rubber products manufacturing sector with 33% of female employees.