| Product Code: ETC5753576 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The advanced composites market in Canada encompasses materials designed to offer high performance in terms of strength, weight, and durability. These composites are used in aerospace, automotive, and industrial applications. The market is expanding due to increasing demand for lightweight and high-strength materials that can enhance the performance and efficiency of various products. Innovation in composite materials and growing applications in high-tech industries are key factors driving market growth.
The advanced composites market in Canada is growing with the rising demand for high-performance materials used in aerospace, automotive, and industrial applications. The market is driven by advancements in composite manufacturing technologies, the need for lightweight and strong materials, and the increasing adoption of advanced composites in various high-tech industries.
One of the primary challenges in the advanced composites market in Canada is the high cost of production. These materials are crucial for industries such as aerospace and automotive, but their complex manufacturing processes make them expensive, which limits their wider adoption. Furthermore, the lack of widespread recycling solutions for composite materials adds to sustainability concerns.
The Canadian governments focus on innovation in manufacturing and sustainability has propelled the advanced composites market. Policies encouraging lightweight, high-strength materials for aerospace, automotive, and renewable energy sectors have driven the adoption of advanced composites. Federal support for R&D in materials science, along with partnerships between industry and academic institutions, has strengthened Canadas position in this market, fostering innovation in advanced composite technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Advanced Composites Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Advanced Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Advanced Composites Market - Industry Life Cycle |
3.4 Canada Advanced Composites Market - Porter's Five Forces |
3.5 Canada Advanced Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Canada Advanced Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Canada Advanced Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Canada Advanced Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Canada Advanced Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as aerospace, automotive, and construction. |
4.2.2 Growing adoption of advanced composites in the defense sector for manufacturing military equipment and vehicles. |
4.2.3 Government initiatives and investments in research and development of advanced composites technologies. |
4.2.4 Rising focus on sustainable and eco-friendly materials driving the use of advanced composites in various applications. |
4.2.5 Technological advancements leading to the development of advanced composites with improved properties and performance. |
4.3 Market Restraints |
4.3.1 High initial investment and manufacturing costs associated with advanced composites production. |
4.3.2 Limited availability of skilled labor and expertise in the manufacturing and processing of advanced composites. |
4.3.3 Challenges in recycling and disposal of advanced composites, leading to environmental concerns. |
4.3.4 Stringent regulations and standards governing the use of advanced composites in different industries. |
4.3.5 Competition from traditional materials like metals and plastics limiting the market penetration of advanced composites. |
5 Canada Advanced Composites Market Trends |
6 Canada Advanced Composites Market Segmentations |
6.1 Canada Advanced Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Advanced Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.3 Canada Advanced Composites Market Revenues & Volume, By Aramid Fiber Composites, 2021-2031F |
6.1.4 Canada Advanced Composites Market Revenues & Volume, By S-Glass Fiber Composites, 2021-2031F |
6.1.5 Canada Advanced Composites Market Revenues & Volume, By Other Fiber Composites, 2021-2031F |
6.2 Canada Advanced Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Advanced Composites Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.2.3 Canada Advanced Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Canada Advanced Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Canada Advanced Composites Market Revenues & Volume, By Hand layup/ Spray Layup, 2021-2031F |
6.3.3 Canada Advanced Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.3.4 Canada Advanced Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.3.5 Canada Advanced Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.3.6 Canada Advanced Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.3.7 Canada Advanced Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.3.8 Canada Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Canada Advanced Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Canada Advanced Composites Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Canada Advanced Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.3 Canada Advanced Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.4 Canada Advanced Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.4.5 Canada Advanced Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F |
6.4.6 Canada Advanced Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.7 Canada Advanced Composites Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.4.8 Canada Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
6.4.9 Canada Advanced Composites Market Revenues & Volume, By Medical, 2021-2031F |
7 Canada Advanced Composites Market Import-Export Trade Statistics |
7.1 Canada Advanced Composites Market Export to Major Countries |
7.2 Canada Advanced Composites Market Imports from Major Countries |
8 Canada Advanced Composites Market Key Performance Indicators |
8.1 Research and development expenditure in the advanced composites sector. |
8.2 Number of patents filed for new advanced composites technologies. |
8.3 Adoption rate of advanced composites in key industries. |
8.4 Investment in infrastructure for advanced composites manufacturing. |
8.5 Percentage of products using advanced composites in the overall market. |
9 Canada Advanced Composites Market - Opportunity Assessment |
9.1 Canada Advanced Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Canada Advanced Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Canada Advanced Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Canada Advanced Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Canada Advanced Composites Market - Competitive Landscape |
10.1 Canada Advanced Composites Market Revenue Share, By Companies, 2024 |
10.2 Canada Advanced Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |