Canada Grease Traps Market Size, Share, and COVID-19 Impact Analysis, By Product (Semi-Automatic and Manual), By Application (Restaurant, Foodservice, Car Workshop), and Canada Grease Traps Market Insights Forecasts 2023 – 2033
Industry: Energy & PowerCanada Grease Traps Market Insights Forecasts to 2033
- The Canada Grease Traps Market Size was valued at USD 73.85 Million in 2023.
- The Market Size is Growing at a CAGR of 2.24% from 2023 to 2033.
- The Canada Grease Traps Market Size Expected to Reach USD 92.20 Million by 2033.
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The Canada Grease Traps Market size is expected to reach USD 92.20 Million by 2033, at a CAGR of 2.24% during the forecast period 2023 to 2033.
Market Overview
A grease trap (also known as a grease trap, grease recovery device, grease capsule, and grease converter) is a plumbing device (type of trap) designed to capture most grease and solids before they enter the wastewater disposal system. Normal wastewater contains trace amounts of oils, which enter septic tanks and wastewater treatment plants to form a floating layer of sludge. During the anaerobic digestion process, microorganisms slowly digest and decompose this layer of sludge. Large amounts of oil from food preparation in restaurants can flood a septic tank or treatment plant, allowing untreated sewage to leak into the surrounding area. High-viscosity fats and cooking fats, such as lard, solidify when cooled and can combine with other solids to clog drain lines. Canadian governments and municipalities continue to impose stringent FOG control measures. This includes the installation and maintenance of grease traps or interceptors in food service establishments like restaurants and cafeterias. Noncompliance may result in fines and environmental harm. In Canada, the region's extensive knowledge of wastewater management and compliance drives demand for effective grease traps, which are critical for preventing plumbing problems. Rapid urbanization, a thriving food service industry, and increased awareness of hygiene standards drive up demand for grease traps, which are critical in preventing pipe damage and water contamination.
Report Coverage
This research report categorizes the market for the Canada grease traps market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada grease traps market. Recent market developments and competitive strategies such as expansion, product launch, and 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 grease traps market.
Canada Grease Traps Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 73.85 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 2.24% |
2033 Value Projection: | USD 92.20 Million |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Application, and COVID-19 Impact Analysis. |
Companies covered:: | Schier Products, ACO Canada, A glass, Zurn, Monarch, Goslyn Ontario, Walker Industries, Eco Tabs Canada, Watts Canada, Endura, Grease Guardian, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Growing environmental concerns and stringent regulations governing wastewater management and pollution control are compelling industries to implement effective grease-trapping systems. The government is enforcing laws to prevent the discharge of grease waste into sewer systems, resulting in a significant demand for grease traps. The expanding Canadian food service industry, including restaurants, hotels, and catering services, is a key driver of the grease traps market. Grease traps are in high demand due to rapid urbanization and infrastructure development projects. Furthermore, there is a growing emphasis on environmentally friendly practices in a variety of industries, including wastewater management. Grease traps provide a long-term solution by preventing grease waste from entering the sewer system, thereby reducing the need for expensive repairs and maintenance. Advances in grease trap technology, such as automatic grease removal systems and smart monitoring devices, are driving market expansion.
Restraining Factors
Grease trap installation and maintenance costs can be high, particularly in larger establishments. This factor could hinder some end-users from investing in grease trapping systems, particularly small businesses that have restricted budgets, as grease traps require regular maintenance to function properly. This includes regular cleaning and disposal of accumulated grease. While many countries have strict regulations for grease trap installations, there are some areas where regulations are loose or nonexistent. These factors may hamper Canada grease traps market over the forecast period.
Market Segment
- In 2023, the semi-automatic segment accounted for the largest revenue share over the forecast period.
Based on product, the Canada grease traps market is segmented into semi-automatic and manual. Among these, the semi-automatic segment has the largest revenue share over the forecast period. The semi-automatic segment is expected to grow at a rapid pace over the forecast period. Greases from various industrial activities that have been exposed to high pressure and high temperatures are cleaned using semi-automatic grease traps. These traps are capable of handling large amounts of waste grease injected into the system. Manual grease traps collect and remove excess grease, oil, and other contaminants from the drainage system. These products are commonly used in food processing industries that produce premium edible oils.
- In 2023, the restaurant segment is witnessing significant growth over the forecast period.
Based on application, the Canada grease traps market is segmented into restaurants, food service, and car workshops. Among these, the restaurant segment is witnessing significant growth over the forecast period. It encompasses everything from quick food franchises to casual eating to upscale dining establishments. Grease traps are required in commercial kitchens to prevent fats, oils, and grease (FOG) from entering, clogging, and polluting the sewage system. In Canada, local governments have strict legislation requiring restaurants to install and maintain grease traps. Compliance with these rules is critical to avoiding fines and penalties, which drive up demand for grease traps.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Canada grease traps 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 elaborative 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
- Schier Products
- ACO Canada
- A glass
- Zurn
- Monarch
- Goslyn Ontario
- Walker Industries
- Eco Tabs Canada
- Watts Canada
- Endura
- Grease Guardian
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Canada grease traps market based on the below-mentioned segments:
Canada Grease Traps Market, By Product
- Semi-Automatic
- Manual
Canada Grease Traps Market, By Application
- Restaurant
- Foodservice
- Car Workshop
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