Market revenue in 2023 | USD 1,051.4 million |
Market revenue in 2030 | USD 1,469.3 million |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Polyvinyl chloride (pvc) |
Fastest growing segment | Polyvinyl Chloride (PVC) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC), Polyethylene (PE), Polycarbonate(PC), Polymethyl Methacrylate (PMMA), Polyamide (PA) |
Key market players worldwide | Basf SE, Covestro AG, Toray Industries Inc, Lotte Chemical, Trinseo PLC, SABIC, Evonik Industries AG, Mitsubishi Chemical Group Corp, Arkema SA, LyondellBasell Industries NV Class A, Celanese Corp Class A, Exxon Mobil Corp, LG Chem, INEOS, CHIMEI |
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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 plastics in electrical and electronics market will help companies and investors design strategic landscapes.
Polyvinyl chloride (pvc) was the largest segment with a revenue share of 28.93% in 2023. Horizon Databook has segmented the Canada plastics in electrical and electronics market based on acrylonitrile butadiene styrene (abs), polypropylene (pp), polyurethane (pu), polyvinyl chloride (pvc), polyethylene (pe), polycarbonate(pc), polymethyl methacrylate (pmma), polyamide (pa) covering the revenue growth of each sub-segment from 2018 to 2030.
The geriatric population in Canada is on the rise, which has led to an increased demand for medical devices. According to the Canadian government, the number of individuals aged 65 and above is 7,330,605 as of 2022.
The increase in demand for medical devices has resulted in a rise in the use of plastics and printed circuit boards (PCBs), as they are some of the main components in these medical devices.
Due to the rising sales of fitness bands, monitoring devices, chronic wound monitoring solutions, and wearable and embedded sensing technologies, there has been an increase in demand for products that support older adults and caregivers in managing their cognitive and physical health and daily activities.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada plastics in electrical and electronics market , including forecasts for subscribers. This country databook contains high-level insights into Canada plastics in electrical and electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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