The forecast for the re-import of petroleum resins, coumarone, indene, and polyterpenes into Canada indicates a consistent decline over the next five years. Starting from a value of 11.92 thousand kilograms in 2024, it is expected to decrease annually, reaching 8.47 thousand kilograms by 2028. Compared to 2023, this represents a notable downward trend, with diminishing year-on-year growth. The compound annual growth rate (CAGR) over this period is negative, illustrating a steady contraction in volumes.
Future trends to watch include potential impacts from shifts in global petrochemical markets, trade regulations, and advances in alternative materials that could further drive down demand. Changes in Canadian manufacturing and environmental policies could also significantly influence these forecasts.
