The market is dominated by domestic suppliers, as imports account for 48.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 89.8% of total demand in 2022. Canada has the 13th largest market size for man-made fibres across the top 20 developed countries, with demand reaching USD803 million in 2022. Nemak of Canada Corp is the largest company in Canada, generating 37.6% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 37.8% of total production value in 2022. The total number of companies decreases in 2022, to 24 units. The costs of the industry increase by 8.6% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 19.5% of production value in 2022, the highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 37.0% of total production output. With production value of USD1.1 billion, Canada accounts for 15.1% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Man-made Fibres in Canada: ISIC 243. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Man-made Fibres in Canada: ISIC 243 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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