Canada Filters Market Size & Outlook, 2021-2030
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Canada filters market highlights
- The Canada filters market generated a revenue of USD 2,088.7 million in 2021 and is expected to reach USD 3,052.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.3% from 2022 to 2030.
- In terms of segment, ice filters was the largest revenue generating type in 2021.
- Air Filters is the most lucrative type segment registering the fastest growth during the forecast period.
Filters market data book summary
| Market revenue in 2021 | USD 2,088.7 million |
| Market revenue in 2030 | USD 3,052.4 million |
| Growth rate | 4.3% (CAGR from 2021 to 2030) |
| Largest segment | Ice filters |
| Fastest growing segment | Air Filters |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fluid Filters, ICE Filters, Air Filters |
Other key industry trends
- In terms of revenue, Canada accounted for 2.9% of the global filters market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. filters market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 3,557.3 million by 2030.
Ice filters was the largest segment with a revenue share of 41.68% in 2021. Horizon Databook has segmented the Canada filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
Growing concerns among individuals regarding the presence of contaminants, bacteria, and additives in water bodies are expected to promote the use of filtration techniques in the country. In Canada, various industries are focusing on water and wastewater treatment by developing, acquiring, and commercializing several novel technologies to filter pollutants from the water.
Increasing initiatives to minimize contaminants from water bodies are expected to promote the use of filtration techniques, thus, propelling the growth of the filters market.
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Filters Market Scope
Filters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dayton Superior | View profile | 5001-10000 | Miamisburg, Ohio, United States, North America | http://www.daytonsuperior.com/default.aspx |
| CTS Cement Manufacturing Corporation | View profile | 101-250 | Garden Grove, California, United States, North America | http://ctscement.com |
| LATICRETE International | View profile | 1001-5000 | Bethany, Connecticut, United States, North America | https://laticrete.com |
| MYK Arment | View profile | 501-1000 | Hyderabad, Andhra Pradesh, India, Asia | https://mykarment.com |
| TCC Materials | View profile | 251-500 | Mendota, Minnesota, United States, North America | http://tccmaterials.com |
| Larsen Building Products | View profile | 101-250 | Belfast, Belfast, United Kingdom, Europe | https://larsenbuildingproducts.com |
| Durabond Products | View profile | 11-50 | Scarborough, Ontario, Canada, North America | https://www.durabond.com |
| Duraamen Engineered Products | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.duraamen.com |
| USG | View profile | 5001-10000 | North Chicago, Illinois, United States, North America | https://www.usg.com/ |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
Canada filters market size, by type, 2018-2030 (US$M)
Canada Filters Market Outlook Share, 2021 & 2030 (US$M)
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