Product Code: ETC4638789 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The automotive composites market in Canada is focused on materials used in vehicle manufacturing to reduce weight and improve performance. Automotive composites are valued for their strength, durability, and lightweight properties. The market is driven by advancements in composite materials and increasing demand for fuel-efficient vehicles.
The automotive composites market in Canada is growing with the increasing use of composite materials to reduce vehicle weight and enhance performance. The market is driven by advancements in composite manufacturing technologies, the need for fuel-efficient and high-strength materials, and the growing adoption of composites in automotive design and production.
The automotive composites market in Canada is hindered by high production costs and the limited recycling options for composite materials. While composites offer weight savings and performance benefits, their expense compared to traditional materials like steel and aluminum makes them less attractive to cost-conscious automotive manufacturers.
The Canadian governments policies on environmental sustainability and automotive innovation have a strong influence on the automotive composites market. Regulations that aim to reduce vehicle weight for improved fuel efficiency and lower emissions drive the demand for advanced composite materials in automotive manufacturing. Government incentives for the development and adoption of green technologies, as well as support for research into lightweight materials, contribute to the growth of the automotive composites market.
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 Automotive Composites Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Automotive Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Automotive Composites Market - Industry Life Cycle |
3.4 Canada Automotive Composites Market - Porter's Five Forces |
3.5 Canada Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 Canada Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Canada Automotive Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Canada Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Canada Automotive Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient vehicles |
4.2.2 Stringent government regulations for emission control and fuel efficiency |
4.2.3 Rising focus on sustainability and reducing carbon footprint in the automotive industry |
4.3 Market Restraints |
4.3.1 High initial investment and production costs of automotive composites |
4.3.2 Limited availability and high cost of raw materials for composites production |
4.3.3 Challenges in recycling and end-of-life disposal of composite materials |
5 Canada Automotive Composites Market Trends |
6 Canada Automotive Composites Market Segmentations |
6.1 Canada Automotive Composites Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 Canada Automotive Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Canada Automotive Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.4 Canada Automotive Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2 Canada Automotive Composites Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Canada Automotive Composites Market Revenues & Volume, By Thermoset, 2021-2031F |
6.2.3 Canada Automotive Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Canada Automotive Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Automotive Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.3.3 Canada Automotive Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.3.4 Canada Automotive Composites Market Revenues & Volume, By Powertrain, 2021-2031F |
6.3.5 Canada Automotive Composites Market Revenues & Volume, By Chassis, 2021-2031F |
6.4 Canada Automotive Composites Market, By Vehicle |
6.4.1 Overview and Analysis |
6.4.2 Canada Automotive Composites Market Revenues & Volume, By Non-electric, 2021-2031F |
6.4.3 Canada Automotive Composites Market Revenues & Volume, By Electric, 2021-2031F |
7 Canada Automotive Composites Market Import-Export Trade Statistics |
7.1 Canada Automotive Composites Market Export to Major Countries |
7.2 Canada Automotive Composites Market Imports from Major Countries |
8 Canada Automotive Composites Market Key Performance Indicators |
8.1 Weight reduction achieved in vehicles using composites |
8.2 Number of automotive manufacturers adopting composites in their vehicle models |
8.3 Investment in research and development for new composite materials and manufacturing processes |
9 Canada Automotive Composites Market - Opportunity Assessment |
9.1 Canada Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 Canada Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Canada Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Canada Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Canada Automotive Composites Market - Competitive Landscape |
10.1 Canada Automotive Composites Market Revenue Share, By Companies, 2024 |
10.2 Canada Automotive Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |