This industry profile provides a five-year forecast for Canada’s Chemicals Industry.
Canada’s Chemicals Industry: Industrial Profile Winter 2010
Canada’s Chemicals Industry: Industrial Profile Winter 2010
Industry Economic Analysis
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- Global recovery—The industry is highly trade dependent, with two-thirds of production being exported. Demand will pick up as most countries recover from the recession.
- Motor Vehicle and Parts—Demand for resins and synthetic materials is expected to rebound as several temporarily shuttered plants come back online.
- Energy Prices—Higher oil and natural gas prices increase costs for the industry, since petroleum-based feed stocks are a major industry input.
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