The Canadian Adhesives market will grow at a CAGR of 3.53% from USD1.057 billion in 2025 to USD1.257 billion in 2030.
An increasing number of industries in Canada are utilizing adhesives, and the market's growth is expected to be driven by leading players introducing fresh products. In packaging, construction, household uses, textile, automotive, and medical, among others, the adhesive is applied for different purposes. Thus, the country's adhesive industry grows due to these dependent industries. Due to adhesives being highly efficient at bonding packages made out of plastic, metal, or paper, many adhesives are used by the packaging industry. Therefore, the automotive industry is also poised to dominate the adhesives market as these can be used across various surfaces. Additionally, the automotive sector is anticipated to have a lot of openings in the future because of features like toughness and resistance to severe atmospheric conditions. Given the country's electric vehicle market expansion, adhesives will witness increased use in the automotive industry.
Since adhesives have multiple applications, like flooring, roofing, plumbing, and prefabricated block assembly, they are widely used in the Canadian construction industry. In contrast, construction adhesives are expected to rise during the period within rapidly expanding construction projects in the country.
Moreover, the industry is being proactively steered by the country's government. Canada’s Association of Consulting Engineering Companies kicked off an advocacy campaign ahead of the Federal Elections slated for 2021 to lobby the Government to channel more of its infrastructure spending there. The region is expected to experience a rise in adhesive usage since more focus is on civil works.
In the automotive industry, various parts such as dashboards, headlights, spoilers, seats, and bumpers use adhesives. In major North American nations like Canada, the automotive industry is growing rapidly primarily due to the increased need for new fuel-efficient vehicles, fast urbanization, and a rise in disposable income. From 2022 to 1,714, for instance, new motor vehicle registrations in Canada increased by 13.4%.
The design and technological aspects of packaging are rapidly expanding to safeguard and improve product longevity and safety. The region's consumers' busier lifestyles, increased spending power, and related factors are driving up demand for quick and portable packaged goods. The region's burgeoning e-commerce sector and the public health movement are expected to fuel the food processing industry's expansion, which will fuel packaging demand in the future.
Water-based adhesives, which are non-flammable and safe, are in high demand because they are easy to handle and store. Manufacturers love these glues because they are environment-friendly and safe. In addition, solvent-based adhesives are in high demand in different fields because they are of different kinds and have a unique performance advantage. An organic solvent like acetone, toluene, or ethyl acetate is the primary carrier of this adhesive. These solvents allow the adhesive elements to dissolve and make it easier for them to be applied.
Adhesives and sealants release copious amounts of chemical fumes, which are toxic and dangerous to breathe in. As such, the restrictions placed on their use are getting stricter. In addition, manufacturing companies are becoming increasingly concerned about the environment and consumer health due to their growing awareness. The rules governing the use of products are getting more stringent, which hampers its market growth.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Canada Adhesives Market Size in 2025 | US$18.163 billion |
| Canada Adhesives Market Size in 2030 | US$35.208 billion |
| Growth Rate | CAGR of 14.15% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| List of Major Companies in the Canada Adhesives Market |
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| Customization Scope | Free report customization with purchase |
Canada Adhesives Key Market Segmentation:
Canada's adhesives market is segmented and analyzed as below: