| Product Code: ETC12053134 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Canada`s import trend for the building asphalt market experienced a notable growth rate of 52.83% from 2023 to 2024, contrasting with a negative compound annual growth rate (CAGR) of -7.87% from 2020 to 2024. This shift could be attributed to increased infrastructure projects and a recovery in the construction sector following market stabilization efforts.

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 Building Asphalt Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Building Asphalt Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Building Asphalt Market - Industry Life Cycle |
3.4 Canada Building Asphalt Market - Porter's Five Forces |
3.5 Canada Building Asphalt Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Building Asphalt Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Canada Building Asphalt Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Canada Building Asphalt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure projects |
4.2.2 Growing demand for sustainable and eco-friendly building materials |
4.2.3 Rise in residential and commercial construction activities |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like crude oil |
4.3.2 Stringent environmental regulations impacting production processes |
4.3.3 Competition from alternative materials like concrete and recycled asphalt |
5 Canada Building Asphalt Market Trends |
6 Canada Building Asphalt Market, By Types |
6.1 Canada Building Asphalt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Building Asphalt Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Canada Building Asphalt Market Revenues & Volume, By Hot Mix Asphalt (HMA), 2022 - 2032F |
6.1.4 Canada Building Asphalt Market Revenues & Volume, By Warm Mix Asphalt (WMA), 2022 - 2032F |
6.1.5 Canada Building Asphalt Market Revenues & Volume, By Cold Mix Asphalt (CMA), 2022 - 2032F |
6.1.6 Canada Building Asphalt Market Revenues & Volume, By Polymer-Modified Asphalt, 2022 - 2032F |
6.2 Canada Building Asphalt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Building Asphalt Market Revenues & Volume, By Road Paving, 2022 - 2032F |
6.2.3 Canada Building Asphalt Market Revenues & Volume, By Driveways & Parking Lots, 2022 - 2032F |
6.2.4 Canada Building Asphalt Market Revenues & Volume, By Pothole Patching, 2022 - 2032F |
6.2.5 Canada Building Asphalt Market Revenues & Volume, By Roofing & Waterproofing, 2022 - 2032F |
6.3 Canada Building Asphalt Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Canada Building Asphalt Market Revenues & Volume, By Construction Firms, 2022 - 2032F |
6.3.3 Canada Building Asphalt Market Revenues & Volume, By Municipal Authorities, 2022 - 2032F |
6.3.4 Canada Building Asphalt Market Revenues & Volume, By Infrastructure Projects, 2022 - 2032F |
6.3.5 Canada Building Asphalt Market Revenues & Volume, By Real Estate Developers, 2022 - 2032F |
7 Canada Building Asphalt Market Import-Export Trade Statistics |
7.1 Canada Building Asphalt Market Export to Major Countries |
7.2 Canada Building Asphalt Market Imports from Major Countries |
8 Canada Building Asphalt Market Key Performance Indicators |
8.1 Average selling price of building asphalt |
8.2 Number of infrastructure projects in the pipeline |
8.3 Adoption rate of eco-friendly asphalt technologies |
8.4 Rate of urbanization and new construction projects |
8.5 Investment in research and development for asphalt innovations |
9 Canada Building Asphalt Market - Opportunity Assessment |
9.1 Canada Building Asphalt Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Building Asphalt Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Canada Building Asphalt Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Canada Building Asphalt Market - Competitive Landscape |
10.1 Canada Building Asphalt Market Revenue Share, By Companies, 2025 |
10.2 Canada Building Asphalt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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