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 Winter2009
Canada’s Plastic and Rubber Products Industry: Canadian Industrial Profile Winter2009
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- Auto Industry—Motor vehicle sales in the United States are falling dramatically as consumers retrench, curtailing demand for plastic auto parts.
- U.S. Recession—Exports to the U.S. account for half the industry’s sales. Falling U.S. consumer spending is translating into reduced exports of many industry products. Oil Prices—Petroleum products are a major input in the manufacture of plastic resins; lower oil prices will translate into lower costs for the industry.
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