The industry is a promising one.
Industrial plastics, commonly known as PET, is made of polypropylene, polystyrene, and polystyrosene.
The plastics are also used in everything from paper to textiles.
As a result, many people in Canada and around the world have been using them for nearly a century, according to industry experts.
Industrial plastics are manufactured by a number of different manufacturers and are usually mixed with other plastics to create a more durable product.
There are a variety of industries, from automotive parts to furniture and construction materials, that have adopted industrial plastics for various applications, including plastics for building materials and packaging.
“It’s a big deal,” said Greg Loh, chief executive officer of the Canadian Manufacturing Council.
“You can see the impact from industrial plastics in the auto industry, for example.”
A few industries have already started using industrial plastics.
The Canadian Food Inspection Agency says it has used industrial plastics to make some of its packaging and detergent products since the 1970s.
And the Canadian Tire and Rubber Company began using industrial plastic in the 1980s as a way to protect and preserve the tires from corrosion.
Loh said he’s optimistic the industry will grow to more than 20 countries, but that the biggest growth will come from North America.
“The North American market will be a major player because of the size of the market,” he said.
“In the US, there’s been an exponential growth in manufacturing of PET plastics.
So we’re seeing that now in Europe, Australia, Japan, Brazil, South Korea, South Africa, and now Canada.”
According to Loh’s organization, there are roughly 3,000 new companies in Canada that use industrial plastics as a raw material.
That includes brands such as Alcoa and Kimberly-Clark, as well as manufacturers such as DuPont, Dow, and Toshiba.
“These are all small companies, and they’re not necessarily going to have the ability to scale up,” Loh said.
“But the companies that do are now seeing demand, and it’s the opportunity to grow the industry.”
Loh believes the industry is on the right track.
He said the industry’s success is a result of a commitment by governments to invest in research and development, which will allow the industry to expand and create new jobs.
“Canada has a huge amount of experience with the PET plastics,” he added.
“They’ve been using it for about 100 years.
So that’s a long time.”
Lohm said the process for manufacturing a PET product is quite similar to manufacturing a plastics product.
“It’s basically just boiling the plastic and melting it down,” he explained.
For many of the countries that are taking industrial plastics into account, this process is already underway. “
The key difference is that you need to use a lot of chemicals.”
For many of the countries that are taking industrial plastics into account, this process is already underway.
Canada has the largest market for industrial plastics at around $1 billion, according the Canadian Manufacturers and Exporters Association, which represents the manufacturing and plastics industry.
Industry leaders say the growing demand will only help drive the industry forward.
“There are so many applications that can be made from plastics and the ability for PET to be a part of those is a huge opportunity,” said Loh.
“We’ve already seen it work in the automotive industry, we’ve seen it in a number [of] products that we’re working on right now.”
According the Canadian Association of Industrial Chemists, the use of industrial plastics has grown at an annual rate of 12 per cent over the last three years.
And Loh predicts the industry has the potential to double its output by 2020.