Product Code: ETC5712080 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The marine composites market in Canada is growing due to the demand for lightweight and durable materials in the marine industry. Marine composites are used in the construction of boats, ships, and other marine structures, offering advantages such as resistance to corrosion and enhanced performance. The market is supported by advancements in composite materials and the increasing focus on high-performance marine solutions.
The marine composites market in Canada is driven by the need for lightweight, durable, and corrosion-resistant materials in the shipbuilding and offshore industries. As the country continues to invest in its maritime infrastructure, the demand for composite materials in the construction of vessels, offshore platforms, and wind energy projects is growing. Composites offer superior strength-to-weight ratios, enhancing fuel efficiency and reducing maintenance costs.
The marine composites market in Canada faces challenges related to the high cost of developing and implementing advanced composite materials for marine applications. Ensuring that marine composites meet performance, durability, and safety standards while addressing competition from alternative materials is crucial. Additionally, managing the cost of production and adapting to evolving industry requirements and technological advancements pose significant challenges. The market must also focus on improving composite material properties and reducing costs.
The Canadian government supports the marine composites market by promoting the development of advanced materials and ensuring compliance with safety and environmental regulations. Policies focus on encouraging innovation in marine composites and supporting research into sustainable and high-performance materials.
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 Marine Composites Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Marine Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Marine Composites Market - Industry Life Cycle |
3.4 Canada Marine Composites Market - Porter's Five Forces |
3.5 Canada Marine Composites Market Revenues & Volume Share, By Composite Type, 2021 & 2031F |
3.6 Canada Marine Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Canada Marine Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.8 Canada Marine Composites Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
4 Canada Marine Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Canada Marine Composites Market Trends |
6 Canada Marine Composites Market Segmentations |
6.1 Canada Marine Composites Market, By Composite Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Marine Composites Market Revenues & Volume, By Metal Matrix Composite (MMC), 2021-2031F |
6.1.3 Canada Marine Composites Market Revenues & Volume, By Ceramic Matrix Composite (CMC), 2021-2031F |
6.1.4 Canada Marine Composites Market Revenues & Volume, By Polymer Matrix Composite (PMC), 2021-2031F |
6.2 Canada Marine Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Marine Composites Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.3 Canada Marine Composites Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.4 Canada Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2.5 Canada Marine Composites Market Revenues & Volume, By Aramid, 2021-2031F |
6.2.6 Canada Marine Composites Market Revenues & Volume, By Natural Fibers, 2021-2031F |
6.3 Canada Marine Composites Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Canada Marine Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.3 Canada Marine Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3.4 Canada Marine Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.3.5 Canada Marine Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3.6 Canada Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.7 Canada Marine Composites Market Revenues & Volume, By Phenolic, 2021-2031F |
6.4 Canada Marine Composites Market, By Vessel Type |
6.4.1 Overview and Analysis |
6.4.2 Canada Marine Composites Market Revenues & Volume, By Power Boats, 2021-2031F |
6.4.3 Canada Marine Composites Market Revenues & Volume, By Sailboats, 2021-2031F |
6.4.4 Canada Marine Composites Market Revenues & Volume, By Cruise Ships, 2021-2031F |
6.4.5 Canada Marine Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4.6 Canada Marine Composites Market Revenues & Volume, By Cargo Vessels, 2021-2031F |
6.4.7 Canada Marine Composites Market Revenues & Volume, By Naval Boats, 2021-2031F |
6.4.8 Canada Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
6.4.9 Canada Marine Composites Market Revenues & Volume, By Personal Watercraft, 2021-2031F |
7 Canada Marine Composites Market Import-Export Trade Statistics |
7.1 Canada Marine Composites Market Export to Major Countries |
7.2 Canada Marine Composites Market Imports from Major Countries |
8 Canada Marine Composites Market Key Performance Indicators |
9 Canada Marine Composites Market - Opportunity Assessment |
9.1 Canada Marine Composites Market Opportunity Assessment, By Composite Type, 2021 & 2031F |
9.2 Canada Marine Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Canada Marine Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.4 Canada Marine Composites Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
10 Canada Marine Composites Market - Competitive Landscape |
10.1 Canada Marine Composites Market Revenue Share, By Companies, 2024 |
10.2 Canada Marine Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |