The market is dominated by foreign suppliers, as imports account for 83.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.4% of total demand in 2022. Canada has the 10th largest market size for plastic in primary forms and synthetic rubber across the top 20 developed countries, with demand reaching USD11.3 billion in 2022. NOVA Chemicals Corp is the largest company in Canada, generating 12.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 23.9% of total production value in 2022. The total number of companies increases in 2022, to 216 units. The costs of the industry decrease by 2.6% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 17.4% of production value in 2022, the highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 81.9% of total production output. With production value of USD12.8 billion, Canada accounts for 11.4% of the North America total in 2022.
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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
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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