| Product Code: ETC5715139 | 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 use of composites in the oil and gas market in Canada is increasing as the industry seeks materials that offer superior strength, corrosion resistance, and durability in extreme environments. Composites are used in pipelines, pressure vessels, and other critical components to reduce maintenance costs and extend the lifespan of equipment. The market is driven by the need for lightweight, high-performance materials that can withstand the harsh conditions of oil and gas exploration and production.
In Canada, the oil and gas sector`s reliance on advanced materials to withstand harsh environments is driving the adoption of composites. Composites are increasingly used for their corrosion resistance, high strength-to-weight ratio, and long service life, making them ideal for pipelines, offshore platforms, and other infrastructure.
The composites market in oil and gas in Canada is hindered by the conservative nature of the industry, which is slow to adopt new materials, along with high costs and stringent safety regulations.
The composites in oil and gas market in Canada is shaped by government policies on energy efficiency, safety standards, and environmental regulations. Regulations under the Canadian Environmental Protection Act (CEPA) ensure that composite materials used in the oil and gas industry meet safety and environmental criteria. Policies promoting advanced materials and technologies drive market demand.
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 Composites in Oil and Gas Industry Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Composites in Oil and Gas Industry Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Composites in Oil and Gas Industry Market - Industry Life Cycle |
3.4 Canada Composites in Oil and Gas Industry Market - Porter's Five Forces |
3.5 Canada Composites in Oil and Gas Industry Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Canada Composites in Oil and Gas Industry Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Canada Composites in Oil and Gas Industry Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Composites in Oil and Gas Industry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant materials in the oil and gas industry |
4.2.2 Growing focus on enhancing efficiency and durability of equipment and infrastructure |
4.2.3 Shift towards sustainable and environmentally friendly solutions in the industry |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing composite materials in oil and gas operations |
4.3.2 Challenges related to standardization and certification of composite materials in the industry |
4.3.3 Limited awareness and understanding of the benefits of composites among key stakeholders |
5 Canada Composites in Oil and Gas Industry Market Trends |
6 Canada Composites in Oil and Gas Industry Market Segmentations |
6.1 Canada Composites in Oil and Gas Industry Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Canada Composites in Oil and Gas Industry Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Glass , 2021-2031F |
6.2.3 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Carbon, 2021-2031F |
6.3 Canada Composites in Oil and Gas Industry Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Pipes, 2021-2031F |
6.3.3 Canada Composites in Oil and Gas Industry Market Revenues & Volume, By Tanks, 2021-2031F |
7 Canada Composites in Oil and Gas Industry Market Import-Export Trade Statistics |
7.1 Canada Composites in Oil and Gas Industry Market Export to Major Countries |
7.2 Canada Composites in Oil and Gas Industry Market Imports from Major Countries |
8 Canada Composites in Oil and Gas Industry Market Key Performance Indicators |
8.1 Research and development investment in composite materials technology |
8.2 Number of partnerships and collaborations between composite material manufacturers and oil and gas companies |
8.3 Percentage of oil and gas projects incorporating composite materials in their infrastructure |
8.4 Adoption rate of composite materials in critical applications within the oil and gas industry |
8.5 Number of regulatory approvals and certifications obtained for composite materials in oil and gas applications |
9 Canada Composites in Oil and Gas Industry Market - Opportunity Assessment |
9.1 Canada Composites in Oil and Gas Industry Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Canada Composites in Oil and Gas Industry Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Canada Composites in Oil and Gas Industry Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Composites in Oil and Gas Industry Market - Competitive Landscape |
10.1 Canada Composites in Oil and Gas Industry Market Revenue Share, By Companies, 2024 |
10.2 Canada Composites in Oil and Gas Industry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |