The market is dominated by foreign suppliers, as imports account for 75.9% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. Canada has the 11th largest market size for plastic in primary forms and synthetic rubber across the top 20 developed countries, with demand reaching USD7.6 billion in 2020. NOVA Chemicals Corp is the largest company in Canada, generating 13.0% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 20.1% of total production value in 2020. The total number of companies decreases in 2020, to 245 units. The costs of the industry decrease by 12.2% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 15.1% of production value in 2020, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2020 to 75.4% of total production output. With production value of USD9.4 billion, Canada accounts for 9.6% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in Canada: ISIC 2413. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic in Primary Forms and Synthetic Rubber in Canada: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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