Canada Plastic Resin Market Size & Outlook, 2026-2033
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Canada plastic resin market highlights
- The Canada plastic resin market generated a revenue of USD 9,527.9 million in 2025 and is expected to reach USD 13,366.0 million by 2033.
- The Canada market is expected to grow at a CAGR of 4.2% from 2026 to 2033.
- In terms of segment, crystalline was the largest revenue generating product in 2025.
- Engineering Plastic is the most lucrative product segment registering the fastest growth during the forecast period.
Plastic resin market data book summary
| Market revenue in 2025 | USD 9,527.9 million |
| Market revenue in 2033 | USD 13,366.0 million |
| Growth rate | 4.2% (CAGR from 2026 to 2033) |
| Largest segment | Crystalline |
| Fastest growing segment | Engineering Plastic |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Crystalline, Non-crystalline, Engineering Plastic, Super Engineering Plastic, Other Products |
| Key market players worldwide | Basf SE, SABIC, Dow Inc, DuPont de Nemours Inc, Evonik Industries AG, Sumitomo Chemical Co Ltd, Celanese Corp Class A, Eastman Chemical Co, Chevron Corp, Lotte Chemical, Exxon Mobil Corp, Formosa Plastics Group, Toray Industries Inc, Mitsui Chemicals Inc, Teijin Ltd, LG Chem, Avient Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 1.7% of the global plastic resin market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. plastic resin market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 13,366.0 million by 2033.
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Plastic Resin Market Scope
Plastic Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Lotte Chemical | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lottechem.com |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Avient Corp | View profile | 9300 | 33587 Walker Road, Avon Lake, OH, United States, 44012 | https://www.avient.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Canada plastic resin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic resin market will help companies and investors design strategic landscapes.
Crystalline was the largest segment with a revenue share of 61.32% in 2025. Horizon Databook has segmented the Canada plastic resin market based on crystalline, non-crystalline, engineering plastic, super engineering plastic, other products covering the revenue growth of each sub-segment from 2021 to 2033.
Canada is the fourth-largest producer of crude oil globally, as of 2020. Plastic resins are produced from various petrochemicals derived from crude oil. They provide strength and durability, and are light in weight, hence plastic resins are being widely consumed across Canada.
Many new plastic manufacturers are emerging in Canada’s remote locations due to the country’s highly dispersed population. According to International Energy Agency (IEA), the per capita consumption of plastic in the country is higher than the world’s average as of 2020.
However, Tier II and Tier III cities have small population sizes leading to the need for one or two manufacturing facilities in each city. Most of the Tier I cities have established manufacturing plants leaving limited scope for the expansion of existing facilities, with almost no room for the establishment of new plants.
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Target buyers of Canada plastic resin market databook
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Our clientele includes a mix of plastic resin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada plastic resin market , including forecasts for subscribers. This country databook contains high-level insights into Canada plastic resin market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada Application - Plastic Resin Market size, 2025 - 2033 (US$M)
Canada Plastic Resin Market Outlook Share, 2025 & 2033 (US$M)
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