Canada Self-healing Materials Market Size & Outlook
Canada self-healing materials market, 2018-2030 (US$M)
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Canada self-healing materials market highlights
- The Canada self-healing materials market generated a revenue of USD 129.0 million in 2023 and is expected to reach USD 484.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 20.8% from 2024 to 2030.
- In terms of segment, coatings was the largest revenue generating product in 2023.
- Concrete is the most lucrative product segment registering the fastest growth during the forecast period.
Self-healing materials market data book summary
| Market revenue in 2023 | USD 129.0 million |
| Market revenue in 2030 | USD 484.1 million |
| Growth rate | 20.8% (CAGR from 2023 to 2030) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Concrete, Coatings, Polymers, Asphalt, Fiber-reinforced Composites, Ceramic, Metals |
| Key market players worldwide | Dow Inc, Covestro AG, Huntsman Corp, Michelin, Akzo Nobel NV, Evonik Industries AG, Basf SE, NEI Corporation, High Impact Technology, MacDermid Autotype |
Other key industry trends
- In terms of revenue, Canada accounted for 6.6% of the global self-healing materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. self-healing materials 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 1,212.3 million by 2030.
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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada self-healing materials 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 self-healing materials market will help companies and investors design strategic landscapes.
Coatings was the largest segment with a revenue share of 25.04% in 2023. Horizon Databook has segmented the Canada self-healing materials market based on concrete, coatings, polymers, asphalt, fiber-reinforced composites, ceramic, metals covering the revenue growth of each sub-segment from 2018 to 2030.
According to Business Development Bank of Canada, the country witnessed a solid economic growth of 3.1% in 2017 due to effective weathering of oil price shock in the last couple years.
In addition, the economy has witness a rise of 8.7% year on year growth, coupled with improvement in business investments which is a critical element for continued growth.
Furthermore, signing of U.S.-Canada Mexico Agreement has spared the economy from future auto tariffs exemptions. This is expected to drive the growth of automotive production in the country, which in turn is expected to positively impact the demand of self-healing materials for automotive applications.
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Our clientele includes a mix of self-healing materials 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 self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into Canada self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada self-healing materials market size, by product, 2018-2030 (US$M)
Canada Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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