Canada Composites Market Size & Outlook, 2025-2033
Canada Composites Market Size
According to Straits Research analysis, the Canada Composites Market was valued at USD 1719 Million in 2024 and is projected to reach USD 2697 Million by 2033, expanding at a CAGR of 5.2% during the forecast period. This growth is primarily driven by demand across industries including agriculture, chemicals, and energy. More specifically, composites are extensively used in the manufacturing of lightweight and durable agricultural tools, corrosivity-resistant chemical containers, and energy-efficient turbine blades. Emerging trends include a shift towards green production and sustainability, further propelled by advanced technological innovations and increased export potential. As Canada continues to leverage these opportunities, it is positioning itself as a leading player in the global composites market, aiming to foster growth and champion sustainability in the industry.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Composites Market Highlights
- Within the Manufacturing Process category, Layup dominated in 2024 in terms of market size contribution.
- Over the forecast period, Filament is forecasted to deliver the fastest growth, positioning it as the most lucrative Manufacturing Process segment.
- Canada accounted for 1.65% of the global composites market size in 2024.
- By 2033, China is expected to remain the top global market in terms of size.
- Within North America, United States is forecasted to dominate the regional composites market size by 2033.
- Canada will be the fastest-growing market in North America, projected to achieve USD 24106 Million by 2033.
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 1719 Million |
| Market Size In 2033 | USD 2697 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 5.2% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Manufacturing Process |
|
| Product |
|
| End-User |
|
Canada Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
