The market is dominated by domestic suppliers, as imports account for 20.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 76.2% of total demand in 2022. Canada has the sixth largest market size for tanks, reservoirs, boilers and radiators across the top 20 developed countries, with demand reaching USD3.3 billion in 2022. Chicago Bridge & Iron Co NV is the largest company in Canada, generating 29.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 35.4% of total production value in 2022. The total number of companies increases in 2022, to 948 units. The costs of the industry increase by 9.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 4.9% of production value in 2022, the 17th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 8.5% of total production output. With production value of USD2.2 billion, Canada accounts for 15.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Tanks, Reservoirs, Boilers and Radiators in Canada: ISIC 2812. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanks, Reservoirs, Boilers and Radiators in Canada: ISIC 2812 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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