Canada Gas Hydrate Market Size & Outlook, 2024-2030

The gas hydrate market in Canada is expected to reach a projected revenue of US$ 118.0 million by 2030. A compound annual growth rate of 4.8% is expected of Canada gas hydrate market from 2025 to 2030.
Revenue, 2024 (US$M)
$89.2
Forecast, 2030 (US$M)
$118.0
CAGR, 2025 - 2030
4.8%
Report Coverage
Canada

Canada gas hydrate market highlights

  • The Canada gas hydrate market generated a revenue of USD 89.2 million in 2024 and is expected to reach USD 118.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
  • In terms of segment, onshore gas hydrates was the largest revenue generating product in 2024.
  • Onshore Gas Hydrates is the most lucrative product segment registering the fastest growth during the forecast period.


Gas hydrate market data book summary

Market revenue in 2024USD 89.2 million
Market revenue in 2030USD 118.0 million
Growth rate4.8% (CAGR from 2025 to 2030)
Largest segmentOnshore gas hydrates
Fastest growing segmentOnshore Gas Hydrates
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOnshore Gas Hydrates, Offshore/Marine Gas Hydrates


Other key industry trends

  • In terms of revenue, Canada accounted for 3.0% of the global gas hydrate market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. gas hydrate market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 439.4 million by 2030.

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Gas Hydrate Market Companies

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Canada gas hydrate 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 gas hydrate market will help companies and investors design strategic landscapes.


Onshore gas hydrates was the largest segment with a revenue share of 73.99% in 2024. Horizon Databook has segmented the Canada gas hydrate market based on onshore gas hydrates, offshore/marine gas hydrates covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of gas hydrate 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 gas hydrate market , including forecasts for subscribers. This country databook contains high-level insights into Canada gas hydrate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada gas hydrate market size, by application, 2018-2030 (US$M)

Canada Gas Hydrate Market Outlook Share, 2024 & 2030 (US$M)

Canada gas hydrate market size, by application, 2018-2030 (US$M)

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