This industry profile provides a five-year forecast for Canada’s Plastic and Rubber Products Industry.
Canada’s Plastic and Rubber Products Industry: Industrial Profile Winter 2010
Canada’s Plastic and Rubber Products Industry: Industrial Profile Winter 2010
Industry Economic Analysis
$550.00
- Motor Vehicle Parts—Demand for plastic parts will pick up, as several temporarily shuttered auto plants are coming back online.
- U.S. Recession—With 90 per cent of the exports destined for the U.S. market, the weak U.S. economy and strong Canadian dollar will continue to weigh on the industry’s sales.
- Oil Prices—Petroleum products are a major input in the manufacture of plastic resins. Oil prices are below their peak, but they remain historically high and are expected to continue increasing in the coming years.
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