Canada Polycarbonate Market Size & Outlook, 2022-2030
Canada polycarbonate market, 2018-2030 (US$M)
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Canada polycarbonate market highlights
- The Canada polycarbonate market generated a revenue of USD 147.1 million in 2022 and is expected to reach USD 169.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 1.8% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 147.1 million |
| Market revenue in 2030 | USD 169.0 million |
| Growth rate | 1.8% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, Canada accounted for 0.8% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polycarbonate 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 2,739.5 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada polycarbonate 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 polycarbonate market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 26.44% in 2022. Horizon Databook has segmented the Canada polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing investments by the Canadian government in infrastructure development are anticipated to boost the growth of construction industry for both residential and commercial spaces, thereby augmenting the demand for polycarbonate in the manufacture of electrical connectors, plugs, sockets, wall plates, electrical enclosures, electrical fuse boxes, electrical meter boxes, and others.
According to Organization International des Constructers d'Auto mobiles (OICA), the total automotive production in the country was 1.1 million units in 2021. The production of automobiles is expected to increase over the forecast period owing to the emergence of electric vehicles, technological advancements in battery technology, and automation, which are changing the face of automobile manufacturing.
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Canada polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada polycarbonate market size, by end use, 2018-2030 (US$M)
Canada Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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