Canada Polyurethane Market Size & Outlook, 2022-2030
Canada polyurethane market, 2018-2030 (US$M)
Related Markets
Canada polyurethane market highlights
- The Canada polyurethane market generated a revenue of USD 1,802.9 million in 2022 and is expected to reach USD 2,200.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| Market revenue in 2022 | USD 1,802.9 million |
| Market revenue in 2030 | USD 2,200.9 million |
| Growth rate | 2.5% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 1.7% of the global polyurethane market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,832.7 million by 2030.
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Polyurethane Market Scope
Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada polyurethane 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 polyurethane market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 37.26% in 2022. Horizon Databook has segmented the Canada polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Building & construction industry in Canada is offering lucrative growth opportunities. Availability of labor at low cost as compared to that in the U.S. and lucrative foreign investment policies in the country are attracting the attention of foreign players to set up their plants in Canada.
In addition, investments by the government of Canada in infrastructure development are anticipated to boost the growth of construction industry, thereby augmenting the demand for polyurethane over the forecast period.
Moreover, under the Green Infrastructure programs, the government has announced its plan to invest around USD 481 million for the deployment projects across four streams: renewables, electric vehicle infrastructure, smart grids, and reduction of diesel use in rural and remote communities.
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Our clientele includes a mix of polyurethane 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 polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Canada polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada polyurethane market size, by end use, 2018-2030 (US$M)
Canada Polyurethane Market Outlook Share, 2022 & 2030 (US$M)
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