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 2013
Canada’s Plastic and Rubber Products Industry: Industrial Profile Winter 2013
Industry Economic Analysis
$595.00
- U.S. Demand—The surge in U.S. motor vehicle sales and a recovery in the U.S. housing market will lead to higher demand for plastic and rubber products.
- Crude Oil Prices—Oil is a key raw material in plastic and rubber manufacturing; crude oil prices fell 12 per cent in 2012, boosting industry profits.
- Import Competition—Imported plastic and rubber products continue to capture domestic market share. Imports accounted for 53 per cent of total domestic consumption in 2011, up 6 percentage points from a decade ago.
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