Adhesive Manufacturing in Canada
The Adhesive Manufacturing industry has experienced tentative growth due to patchy global demand. Despite the wide range of uses for industry products, from consumer packaging to construction, demand tends to be cyclical and has rebounded alongside recoveries in consumer spending and construction activity over the past five years. Although industry margins benefited from a recent slide in the price of crude oil, a key input in adhesives, import penetration has hampered profit growth. Despite continued competition from foreign manufacturers, industry revenue is expected to grow in the next five years as the industry's downstream markets continue to strengthen along with the overall economy.
This industry manufactures adhesives, glues and caulking compounds. Adhesives are materials that are initially fluid or semifluid, but solidify when placed between two opposing solid materials. They bond to the surfaces to which they are applied and prevent joint movement. This industry excludes asphalt, dental and gypsum-based adhesives.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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