Canada Concrete Market

Canada Concrete Market Size Insights Forecasts to 2035

• The Canada Concrete Market Size was estimated at USD 5.25 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.48% from 2025 to 2035
• The Canada Concrete Market Size is Expected to Reach USD 7.65 Billion by 2035

The Canada Concrete Market Size is anticipated to Reach USD 7.65 Billion by 2035, Growing at a CAGR of 3.48% from 2025 to 2035. The market is expanding due to the growth of infrastructure development projects, advancements in waterproof and durable concrete that provide long-lasting and low-maintenance building materials, and the increasing demand for commercial, residential, and industrial construction.

Market Overview

The Canadian concrete market refers to the industry focused on the production and application of a material that is composite material. Their main ingredients are cement, water, aggregates (such as gravel and sand), and occasionally admixtures to improve performance. This ready-mix concrete composition consists of cement, sand, water, aggregates, and sometimes binding adhesives. It is made in batches at a central plant and then mixed on the job site. Additionally, the B element is usually where prefabricated goods like bricks, AAC blocks, paving stones and slabs, and other similar items are made. These goods include pipes, building blocks, floors, façades, and other similar things. These elements are typically infrastructure, such as bridges and water management systems. The primary objective of the industry's continuous innovation is to enhance the durability, sustainability, and environmental performance of concrete materials. Additionally, Canada launched the cement & concrete breakthrough initiative at COP28 to accelerate global decarbonization of the cement and concrete industry, positioning itself as a leader in low-carbon construction solutions. Concrete Zero, an Action Plan to guarantee that Canada's cement and concrete industry meets its carbon emissions reduction targets by making cement net-zero by 2050, was released today by the Cement Association of Canada (CAC) in collaboration with its members and partners in the concrete sector.  As part of the Roadmap to Net-Zero Carbon Concrete, the industry has set a course for reaching its goal of reducing emissions by 40% by 2030. It is also making good progress toward using clean technologies, making cements and concrete with less carbon, and switching to fuels with lower carbon emissions.

Report Coverage

This research report categorises the market for the Canada concrete market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada concrete market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada concrete market.

Driving Factors

The market for Canadian concrete is primarily driven by the regional steady infrastructure investments, especially in projects about renewable energy and transportation, which call for the use of high-quality concrete materials. Additionally, urban renewal and smart city initiatives are driving the use of concrete. Additionally, there is a growing demand for concrete in historic building restoration and retrofit projects. The development and use of innovative concrete mixtures has accelerated due to government efforts to reduce carbon emissions in the construction sector. Investments in commercial and industrial construction projects, residential housing developments, and other projects also contribute to the market's growth.

Restraining Factors

One of the primary problems facing the Japanese market for electrodeposited copper foils is the price volatility of raw materials, particularly copper, a commodity that is traded internationally. Because copper prices are affected by supply chain disruptions, geopolitical factors, and fluctuations in mining output, producers find it difficult to maintain cost-effectiveness and stable pricing structures.

Market Segmentation

The Canada concrete market share is classified into application and end use.

• The structural components segment dominated the market in 2024 and is projected to grow at a substantial CAGR over the forecast period.

The Canada concrete market is segmented by application into structural components, pavements, roadways, and bridges. Among these, the structural components segment dominated the market in 2024 and is projected to grow at a substantial CAGR over the forecast period. This is because government and corporate infrastructure development projects have grown quickly. Bridges, highways, tunnels, airports, and public buildings all require strong, load-bearing materials, and their construction requires significant investment. Further, its exceptional compressive strength, versatility, and durability, concrete remains the material of choice for these applications.

• The infrastructural segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Canada concrete market is segmented by end use into residential, commercial, industrial, and infrastructural. Among these, the infrastructural segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period. These massive projects need a lot of concrete, which is the preferred material for infrastructure construction due to its strength, durability, and affordability. The increasing focus on urbanisation and smart city initiatives, as well as concrete's affordability and scalability in large-scale manufacturing, are driving the need for robust infrastructure and increasing concrete consumption to enable resilient and sustainable urban development.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the Canada Concrete market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Lafarge Canada Inc.
• Holcim Canada
• CRH Canada Group Inc
• St. Mary's Cement
• Lehigh Hanson Canada
• Dufferin Concrete
• Permacon
• Others

Recent Developments:

• In November 2023, Oldcastle APG, a CRH company, strengthened its position in Canada by investing significantly in its Permacon facility in Anjou, Quebec, reopening the site with advanced manufacturing capabilities to meet growing demand for hardscape and masonry products. Serving both residential and commercial markets, Oldcastle APG runs 46 hardscape facilities throughout North America. Throughout Quebec and Ontario, Permacon's plant network provides comprehensive national and regional customer service.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Canada, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the Canada concrete market based on the below-mentioned segments:

Canada Concrete Market, By Application

• Structural Components
• Pavements
• Roadways
• Bridges

Canada Concrete Market, By End Use  

• Residential
• Commercial
• Industrial
• Infrastructural