This industry profile provides a five-year forecast for Canada’s Chemicals Industry.
Canada’s Chemicals Industry: Canadian Industrial Profile Winter2009
Canada’s Chemicals Industry: Canadian Industrial Profile Winter2009
Industry Economic Analysis
$550.00
- Energy Prices—Lower oil and natural gas prices are a boon for the industry, as petroleum-based feed stocks are a major industry input.
- Global Slowdown—The industry is highly trade dependent, with two-thirds of production being exported. With many economies now in recession, demand for chemical products is suffering.
- Agriculture—Prices for many agricultural products remain above their norms. This is supporting growth in demand for fertilizers and agricultural chemicals.
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