This industry profile provides a five-year forecast for Canada’s Plastic and Rubber Products Industry.
Canada’s Plastic and Rubber Products Industry: Canadian Industrial Profile Winter 2011
Canada’s Plastic and Rubber Products Industry: Canadian Industrial Profile Winter 2011
Industry Economic Analysis
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- Vehicle Sales—U.S. vehicle sales are still very weak, but they are gradually recovering, boosting demand for plastic parts.
- U.S. Recovery—With 90 per cent of its exports destined for the U.S. market, the gradual recovery in the U.S. economy is good news for the industry.
- Oil Prices—Oil is a key input for the industry. And the return of oil prices to well above US$80 per barrel is once again increasing the industry’s costs and threatening the recovery in profitability.
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