The market is dominated by domestic suppliers, as imports account for 17.2% of total market size in 2020. B2B drives market demand, with B2B spending representing 79.3% of total demand in 2020. Canada has the seventh largest market size for tanks, reservoirs, boilers and radiators across the top 20 developed countries, with demand reaching USD2.9 billion in 2020. Chicago Bridge & Iron Co NV is the largest company in Canada, generating 35.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 42.5% of total production value in 2020. The total number of companies decreases in 2020, to 956 units. The costs of the industry decrease by 9.2% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 6.6% of production value in 2020, the 13th highest across the top 20 developed countries. With production value of USD1.9 billion, Canada accounts for 15.6% of the North America total in 2020.
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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
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