China Imports from Canada of Crude Oil was US$4.74 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from Canada of Crude Oil - data, historical chart and statistics - was last updated on December of 2025.

China Imports from Canada of Bitumen and Asphalt (Natural), Bituminous or Oil Shale, Tar Sands was US$9.95 Million during 2024, according to the United Nations COMTRADE database on international trade.

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Oil And Gas Digital Rock Analysis Market Size 2024-2028

The oil and gas digital rock analysis market size is forecast to increase by USD 119.4 million, at a CAGR of 3.27% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. The increasing consumption of oil and gas globally is a major growth driver, as traditional fossil fuels continue to dominate the energy sector. Additionally, the rise in unconventional oil and gas resources, such as shale and tight formations, necessitates advanced digital rock analysis techniques to optimize extraction and improve efficiency. Volatility in global crude oil prices also underscores the need for cost-effective and accurate digital rock analysis solutions to help companies make informed decisions and mitigate risks. Market trends include the adoption of artificial intelligence and machine learning technologies, increasing collaboration between oil and gas companies and technology providers, and the growing importance of data-driven insights In the industry. Challenges include data security and privacy concerns, the need for standardization and interoperability, and the high cost of implementation and maintenance of digital rock analysis solutions.

What will be the Size of the Oil And Gas Digital Rock Analysis Market During the Forecast Period?

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The market is witnessing significant growth due to the increasing adoption of advanced imaging techniques in the exploration and production of both conventional and unconventional reservoirs. Logging activities are a crucial part of oil and gas operations, and the integration of digital imaging and advanced microscopy in these processes is revolutionizing the industry. Geologists, geochemists, petrophysicists, and petroleum engineers utilize various techniques such as CT Scanning, Micro CT Scanning, Scanning Electron Microscope, and other advanced analysis tools to study reservoir rocks at the pore scale.
These techniques provide precise and realistic simulations, enabling optimal resource extraction from unconventional resources. Physics plays a vital role in digital rock analysis, with fluid dynamics being a significant area of focus. The market is driven by the computational capabilities of these techniques, which allow for the simulation of complex reservoir behavior and enhanced oil recovery processes. Skilled workers are essential in the implementation and interpretation of these advanced analysis tools.

How is this Oil And Gas Digital Rock Analysis Industry segmented and which is the largest segment?

The oil and gas digital rock analysis industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Conventional
  Unconventional


Geography

  North America

    Canada
    US


  APAC

    China


  Europe

    France


  Middle East and Africa



  South America

By Type Insights

The conventional segment is estimated to witness significant growth during the forecast period.

The market primarily focuses on the examination of reservoir rocks using advanced imaging techniques and data analysis to optimize hydrocarbon production from both conventional and unconventional resources. Conventional reservoirs, including mature and depleting fields, continue to dominate the market due to the extensive use of digital rock analysis in enhancing well recovery and crude oil production. This approach combines the expertise of various disciplines, such as geology, geochemistry, petrophysics, petroleum engineering, and physics, to investigate the pore structures and fluid behavior in rock formations. Advanced microscopy techniques, CT scanning, and modeling methods are employed to acquire high-resolution images of rock pores and mineral grains, enabling a better understanding of the reservoir's physical and fluid flow properties.

This data is then analyzed to develop reservoir characterization models, reservoir simulation models, and production optimization workflows. Research institutions and universities are also contributing significantly to the market by advancing imaging technologies and modeling methods for digital rock analysis. The shale revolution and the development of tight oil resources have led to a growing interest in digital rock analysis for unconventional reservoirs. The ability to characterize the complex pore structures and fluid flow properties of these formations is crucial for maximizing hydrocarbon production and improving well recovery. Digital rock analysis plays a vital role in understanding the unique properties of unconventional reservoirs, contributing to the growth of the market.

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AC Electric Motor Sales in Oil and Gas Market Size 2024-2028

The Global AC Electric Motor Sales in Oil and Gas Market size is forecast to grow by USD 3.58 billion, at a CAGR of 5.72% between 2023 and 2028. The global oil and gas industry is experiencing a surge in demand due to increasing energy consumption and economic growth. This trend is driving a rise in Exploration and Production (E&P) activities, particularly in emerging markets. In response, there is a growing investment in refineries to meet the demand for processed petroleum products. The expansion of refining capacity is a critical component of the industry's growth strategy, ensuring a steady supply of fuel for transportation and energy for industries. Additionally, advancements in technology are improving efficiency and reducing costs, making refining a profitable venture for companies. Overall, the oil and gas industry's future looks bright, with continued growth expected in the coming years.

Market forecasting

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Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Market Dynamics

In the market, induction electric motors and synchronous electric motors are pivotal. These motors are integral to extraction and production facilities, pumping stations, and various exploration and production projects. Their high starting torque and reliability under harsh operating conditions, including extreme temperatures and corrosive atmospheres make them indispensable. Advancements in motor technology and energy efficiency improvements are crucial for reducing carbon emissions and adapting to economic uncertainties and fluctuating oil prices. Variable frequency drives enhance energy efficiency by optimizing voltage and power systems. Moreover, alternative energy storage, including batteries, supports this shift towards greener solutions. AC Electric Motors must handle bulk usage while maintaining compatibility with DC motors and other components like cranes, machine tools, and auxiliary generators. Emphasizing electromagnetic induction, these motors convert alternating current to mechanical power, driven by primary rotating magnetic fields in the stator and secondary rotating magnetic fields in the rotor.

Key Market Driver

Increasing demand for oil and gas is notably driving the market growth. Rapid urbanization in developing nations is accompanied by a significant rise in energy demand. As a result, more liquid fuels and natural gas are being consumed. Oil and natural gas are in high demand due to the rising global demand for electricity and fuel. Global liquid fuel consumption increased from 99.97 mbpd in 2018 to 100.75 mbpd in 2019, according to the US EIA. Additionally, it is anticipated that by 2021, the world will consume 102.85 mbpd of liquid fuel.

Further, the demand for E&P machines, equipment, and components is growing at the same time as the demand for oil and gas. Hence, the demand for AC electric motors, which have a variety of uses in both the upstream and downstream segments of the oil and gas industry, is also rising. Therefore, the rise in the global demand for oil and gas is driving the growth of the market during the forecast period.

Significant Market Trends

The increasing adoption of modular mini refineries is an emerging trend in the market. For producers of diesel and other petrochemicals in remote areas, modular mini refineries are a flexible and affordable supply option. The simplicity, speed, and relatively low capital cost of modular mini refineries are their main advantages. The best places to use modular mini-refineries are in remote areas and developing nations where there is a high demand for diesel, gasoline, and fuel oil.

Furthermore, refineries that are modular require less land than conventional refineries because they are smaller. The adoption of these refineries is rising because they provide process flexibility and aid in increasing refinery capacity. For instance, the Nigerian National Petroleum Company Limited (NNPC) reports that in March 2023, oil production in Nigeria averaged 1.59 million barrels per day. As the adoption of modular mini refineries in remote areas increases, the demand for modular refinery components such as AC electric motors also increases. Therefore, these factors will drive the growth of the market during the forecast period.

Major Market Challenge

Environmental impacts of oil and gas activities are major challenges impeding the market growth. In addition to being used as fuel for automobiles and buildings, oil and gas are also used in the

Canada's total Exports in 2024 were valued at US$549.62 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$540.56 Billion. In 2024, Canada had a trade surplus of US$9.06 Billion.

Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on December of 2025.

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Geographic Information System Analytics Market Size 2024-2028

The geographic information system analytics market size is forecast to increase by USD 12 billion at a CAGR of 12.41% between 2023 and 2028.

The GIS Analytics Market analysis is experiencing significant growth, driven by the increasing need for efficient land management and emerging methods in data collection and generation. The defense industry's reliance on geospatial technology for situational awareness and real-time location monitoring is a major factor fueling market expansion. Additionally, the oil and gas industry's adoption of GIS for resource exploration and management is a key trend. Building Information Modeling (BIM) and smart city initiatives are also contributing to market growth, as they require multiple layered maps for effective planning and implementation. The Internet of Things (IoT) and Software as a Service (SaaS) are transforming GIS analytics by enabling real-time data processing and analysis.
Augmented reality is another emerging trend, as it enhances the user experience and provides valuable insights through visual overlays. Overall, heavy investments are required for setting up GIS stations and accessing data sources, making this a promising market for technology innovators and investors alike.

What will be the Size of the GIS Analytics Market during the forecast period?

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The geographic information system analytics market encompasses various industries, including government sectors, agriculture, and infrastructure development. Smart city projects, building information modeling, and infrastructure development are key areas driving market growth. Spatial data plays a crucial role in sectors such as transportation, mining, and oil and gas. Cloud technology is transforming GIS analytics by enabling real-time data access and analysis. Startups are disrupting traditional GIS markets with innovative location-based services and smart city planning solutions. Infrastructure development in sectors like construction and green buildings relies on modern GIS solutions for efficient planning and management. Smart utilities and telematics navigation are also leveraging GIS analytics for improved operational efficiency.
GIS technology is essential for zoning and land use management, enabling data-driven decision-making. Smart public works and urban planning projects utilize mapping and geospatial technology for effective implementation. Surveying is another sector that benefits from advanced GIS solutions. Overall, the GIS analytics market is evolving, with a focus on providing actionable insights to businesses and organizations.

How is this Geographic Information System Analytics Industry segmented?

The geographic information system analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Retail and Real Estate
  Government
  Utilities
  Telecom
  Manufacturing and Automotive
  Agriculture
  Construction
  Mining
  Transportation
  Healthcare
  Defense and Intelligence
  Energy
  Education and Research
  BFSI


Components

  Software
  Services


Deployment Modes

  On-Premises
  Cloud-Based


Applications

  Urban and Regional Planning
  Disaster Management
  Environmental Monitoring Asset Management
  Surveying and Mapping
  Location-Based Services
  Geospatial Business Intelligence
  Natural Resource Management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    South Korea


  Middle East and Africa

    UAE


  South America

    Brazil


  Rest of World

By End-user Insights

The retail and real estate segment is estimated to witness significant growth during the forecast period.

The GIS analytics market analysis is witnessing significant growth due to the increasing demand for advanced technologies in various industries. In the retail sector, for instance, retailers are utilizing GIS analytics to gain a competitive edge by analyzing customer demographics and buying patterns through real-time location monitoring and multiple layered maps. The retail industry's success relies heavily on these insights for effective marketing strategies. Moreover, the defense industries are integrating GIS analytics into their operations for infrastructure development, permitting, and public safety. Building Information Modeling (BIM) and 4D GIS software are increasingly being adopted for construction project workflows, while urban planning and designing require geospatial data for smart city planning and site selection.

The oil and gas industry is leveraging satellite imaging and IoT devices for land acquisition and mining operations. In the public sector, gover

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Energy Trading And Risk Management (ETRM) Market Size 2025-2029

The energy trading and risk management market size is forecast to increase by USD 457.2 million at a CAGR of 4.8% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for smart grids worldwide. Smart grids enable two-way communication between electricity suppliers and trading and consumers, leading to more efficient energy management and consumption. This trend is particularly prominent in regions with high energy demand and a focus on renewable energy sources. Another key driver for the ETRM market is the adoption of cloud-based energy trading and risk management software. Cloud solutions offer increased flexibility, scalability, and cost savings, making them an attractive option for energy traders and risk managers. However, this shift towards cloud-based systems also brings new challenges, including energy data security concerns.
With the increasing volume and complexity of energy data being generated and transmitted, ensuring its security is paramount for market participants. Companies seeking to capitalize on the opportunities presented by the ETRM market must stay abreast of these trends and proactively address the associated challenges to effectively manage risk, optimize energy trading, and ultimately, drive business growth.

What will be the Size of the Energy Trading And Risk Management (ETRM) Market during the forecast period?

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The market is a dynamic and complex ecosystem that facilitates the buying, selling, and managing of energy commodities. This market encompasses various components, including data governance, cloud-based ETRM, regulatory compliance solutions, and trade lifecycle management. Cloud-based/ Cloud Compution ETRM solutions enable energy traders to manage their operations more efficiently, while regulatory compliance solutions ensure adherence to industry standards. The energy trading ecosystem is evolving, with AI-powered ETRM systems and energy trading strategies becoming increasingly prevalent. Position reconciliation, market data analytics, and data security standards are crucial elements of an effective ETRM system. Energy trading platforms provide access to real-time energy price forecasting, carbon emissions reduction, and energy security.

How is this Energy Trading And Risk Management (ETRM) Industry segmented?

The energy trading and risk management (etrm) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Commodity Trading
  Portfolio Management
  Compliance


Type

  Software
  Service


Deployment

  SaaS or hosted service
  license


Product Type

  Front office
  Middle office
  Back office


Solution Type

  Trading Platforms
  Risk Management Software
  Analytics Tools


Geography

  North America

    US
    Canada
    Mexico


  APAC

    China
    India
    Japan
    South Korea


  Europe

    France
    Germany
    Italy
    Spain
    UK


  South America

    Brazil


  Middle East and Africa

    UAE


  Rest of World (ROW)

By Application Insights

The commodity trading segment is estimated to witness significant growth during the forecast period.

In the power segment of the energy market, the primary catalyst for growth is the increasing emphasis on resource management and operational efficiency. Traditional technologies are being replaced with digital solutions to streamline processes and reduce costs. The demand for real-time data, regulatory compliance, and collaboration between internal and external stakeholders is driving the adoption of energy trading and risk management software and services. One significant application of these solutions is the automation of energy generation and management systems. This software empowers users to control their systems effectively and collaborate efficiently with team members. Additionally, it enables operational risk management, market risk mitigation, and contract management, all crucial aspects of the power market.

Financial institutions and energy markets are integrating advanced technologies like machine learning, artificial intelligence, and cloud computing to enhance their operations. These technologies facilitate data security, data management, and regulatory compliance, ensuring seamless trade processing and risk management. The energy transition towards renewables and the emergence of gas and oil markets are also influencing the power grid segment. Energy trading platforms are adapting to these changes by offering solutions for renewable energy markets and emissions trading. The integration of these offerings with enterprise resource planning, customer relationship management, and s

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Painting Tools And Accessories Market Size 2025-2029

The painting tools and accessories market size is forecast to increase by USD 2.71 billion, at a CAGR of 4.3% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing number of infrastructure projects worldwide. These projects necessitate large-scale painting works, leading to increased demand for painting tools and accessories. Moreover, recent developments in painting tool technology have introduced innovative solutions, such as ergonomic designs and advanced coatings, catering to the evolving needs of the construction industry. The price fluctuations of raw materials, particularly crude oil, can significantly impact the profitability of companies in the market. However, the market faces challenges due to the volatility in the cost of raw materials required to manufacture painting tools.
As a result, companies must effectively manage their supply chains and explore alternative materials to mitigate the risks associated with raw material price volatility. By staying abreast of market trends and adapting to the challenges, painting tool and accessory providers can capitalize on the growth opportunities in this dynamic market. These raw materials, such as polyethylene, polypropylene, nylon, stainless steel, and wood, are essential for manufacturing various painting tools and accessories. Fluctuations in the prices of raw materials, such as steel and resins, can significantly impact the profitability of painting tool manufacturers. 

What will be the Size of the Painting Tools and Accessories Market during the forecast period?

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The market encompasses a diverse range of products, including anti-slip paints, polyurethane finishes, textured paints, wood paints, oil-based paints, high-performance paints, window paints, rust-proofing paints, interior paints, solvent-based paints, aerosol paints, concrete paints, specialty paints, epoxy paints, acrylic paints, door paints, water-based paints, exterior paints, latex paints, primer paints, deck paints, metal paints, spray paint cans, wall paints, trim paints, fire-retardant paints, and ceiling paints. Market trends indicate a growing demand for high-performance, eco-friendly, and durable painting solutions. Anti-slip paints and textured finishes are increasingly popular for safety reasons, particularly in industrial and commercial settings. Water-based paints and primers are gaining traction due to their environmental benefits and ease of application.
Epoxy paints and rust-proofing solutions continue to dominate the industrial sector, while acrylic paints remain a staple for residential applications. Polyurethane finishes and solvent-based paints, on the other hand, face declining demand due to their high VOC content and potential health hazards. The market for specialty paints, such as fire-retardant and ceiling paints, is expected to grow steadily due to their unique applications and performance benefits. Overall, the market for painting tools and accessories is dynamic and diverse, with continuous innovation and technological advancements driving growth.

How is this Painting Tools And Accessories Industry segmented?

The painting tools and accessories industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Brushes
  Rollers
  Spray guns
  Scrapers
  Others


Application

  Interior painting
  Exterior painting
  Industrial coating
  Decorative and artistic use
  Maintenance and repair


End-user

  DIY consumers
  Professional painters
  Commercial and industrial users
  Institutional buyers
  Retailers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The brushes segment is estimated to witness significant growth during the forecast period. The market encompasses a range of essential items used in various painting projects, from residential and commercial buildings to industrial applications. Airless sprayers and HVLP sprayers facilitate efficient and consistent paint application, while surface refinishing products ensure the restoration of damaged surfaces. Paint suits, sanding blocks, and masking tape protect painters and maintain clean work environments. Paint sheen levels, coverage rates, and application techniques influence the choice of paint trays, roller frames, and brushes. Paint stirring machines, filters, and disposal regulations ensure the proper preparation and handling of paint. Paint thinners, cleaning supplies, and safety standards maintain the quality and durability of painting projects.

Paint viscosity