Canada Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The Canada Sealants Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Healthcare) and by Resin (Acrylic, Epoxy, Polyurethane, Silicone). Market Value in USD and Volume in tons are both presented. Key Data Points observed include the volume of automobile production, plastic and paper and paperboard packaging production, new construction floor area, aircraft production and deliveries.

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Canada Sealants Market Size

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Canada Sealants Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 291.99 Million
svg icon Market Size (2028) USD 365.36 Million
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2028) 5.76 %
svg icon Fastest Growing by End User Industry Building and Construction
svg icon Market Concentration Low

Major Players

major-player-company-image

*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of Canada Sealants Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Canada Sealants Market Analysis

The Canada Sealants Market size is estimated at 291.99 million USD in 2024, and is expected to reach 365.36 million USD by 2028, growing at a CAGR of 5.76% during the forecast period (2024-2028).

291.99 Million

Market Size in 2024 (USD)

365.36 Million

Market Size in 2028 (USD)

6.41 %

CAGR (2017-2023)

5.76 %

CAGR (2024-2028)

Largest Market by End-user Industry

62.59 %

value share, Building and Construction, 2023

Icon image

In Canada, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, heat insulation, and glazing.

Fastest Growing Market by End-user Industry

5.70 %

Projected CAGR, Building and Construction, 2024-2028

Icon image

Building and construction is projected to be the fastest-growing end-user industry segment in the Canadian sealants market due to the increasing number of residential and commercial constructions in the country.

Largest Market by Resin

42 %

value share, Silicone, 2023

Icon image

Silicone sealants hold the largest share among resin types in the market owing to their wide applications in the building and construction, and automotive industries for both interior and exterior applications.

Fastest Growing Market by Resin

5.99 %

Projected CAGR, Silicone, 2024-2028

Icon image

Due to their sheer strength and high-impact resistance abilities, silicone sealants are mostly used in construction applications and are, thus, forecast to be the fastest-growing resin segment in the market.

Leading Market Player

12.29 %

market share, RPM International Inc., 2021

Icon image

RPM International Inc. is the top player in the market owing to its several sealant brand products offered mainly for construction applications and its presence in the country, including manufacturing plants and several sales offices.

Rapidly growing construction, consumer electronics, and medical devices markets in the country to augment the demand for sealants

  • Sealants are majorly used in the construction industry in Canada because of their diverse applications, such as waterproofing, weather sealing, crack sealing, and joint sealing. The Canadian construction industry accounted for 1.7% of the global construction market in 2017 and accounted for more than 7% of the country’s GDP. The rapid growth of residential construction projects in the country is expected to augment the demand for sealants in the near future.
  • The automotive industry accounts for a decent share of the sealants market because of their applicability to various surfaces, such as glass, metal, plastic, and painted surfaces. The features that are helpful in the automotive industry, such as extreme weather resistance, durability, and long-lasting, are expected to create ample opportunities for sealants over the coming years. These sealants are mostly used in engines and car gaskets. Electric vehicle sales are expected to grow at a significant rate of 28% from 2020 to 2030 because of the increase in the need for personal mobility. This is also expected to boost the demand for automotive sealants over the forecast period.
  • Different sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting materials. They are also used for sealing sensors and cables, etc. The consumer electronics market is anticipated to grow at a rate of over 4% over the coming years in Canada and lead to an increase in the demand for sealants during the forecast period. Sealants are used in the healthcare industry for applications such as assembling and sealing medical device parts. The increase in healthcare investments in the Canadian market is expected to increase the demand for sealants in the forecast period.
Canada Sealants Market

Canada Sealants Market Trends

Rapid commercial construction and infrastructure investment of around USD 140 billion by 2028 to boost the construction industry

  • According to the Canadian Construction Association, the construction sector is one of Canada’s largest employers and a significant contributor to the country’s economic success. The industry contributes 7% of the country’s Gross Domestic Product (GDP). In 2019, the Canadian construction market contracted by 6.5% as the COVID-19 pandemic halted construction activities in the country.
  • Despite the COVID-19 pandemic, the Canadian construction market registered a decent growth rate of 6.19% in 2020. The Canadian government approved and implemented infrastructure projects worth USD 180 billion. In 2021 the construction market in the country registered a growth rate of 12.2% compared to the same period in 2020. The Canadian government approved various construction projects, such as New Building Canada Plan (NBCP) and Affordable Housing Initiative (AHI), supporting the sector’s growth. The construction industry in Canada was expected to recover by Q4 2021 and is estimated to experience moderate growth over the forecast period.​​
  • There has been a boom in the construction of skyscrapers in Canada (more specifically in Toronto) in recent times. Over 30 high-rise buildings are expected to be completed by 2025, and another 50 such buildings are in the proposal and planning phase in Toronto. As part of the ‘Investing in Canada Plan,’ the government announced plans to invest nearly USD 140 billion for major infrastructure developments in the country by 2028. Thus, the Canadian construction market is expected to register a CAGR of 3.6% during the forecast period (2022-2028).
Canada Sealants Market

Rising investments from OEMs in Electrical Vehicle production in the country is likely to fuel the automotive production

  • Canada is the 11th-largest vehicle manufacturing country in the world and the second-largest in North America. The automotive sector in the country employs nearly 117,200 people. Canada's automotive manufacturing industry is highly integrated with the United States. Automotive components may cross Canadian-US-Mexican borders as many as eight times before being installed in a final assembly. Vehicles are Canada's second-most exported products, of which 93% were exported to the United States in 2020. The decline in automotive production from 2017 to 2019 was due to a demand drop in US markets because of rising interest rates and demand saturation.
  • Automotive production declined by a staggering 26.3% in 2020 compared to 2019 due to operational and supply chain restrictions resulting from the COVID-19 pandemic. The ongoing semiconductor chip shortage, caused by pandemic-related production issues and a surge in demand for electronics, has restricted the growth of automotive production in the country. Due to these constraints, automotive production in Canada is expected to record a CAGR of just 1.46% during the forecast period.
  • However, the prospects for electric vehicle production are bright in Canada as the country ranks sixth globally for heavy-duty EV production. With more than 700 suppliers of parts and raw materials and investments from global Original Equipment Manufacturers (OEMs) like Ford (USD 1.5 billion), GM (USD 785 million), and Stellantis (USD 1.14 billion) to establish production lines for EVs as well as for EV batteries in Canada, the automotive industry is expected to grow over the forecast period.
Canada Sealants Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • With strong Original Equipment Manufacturers (OEMs) and supply chains of international OEMs and Tier1 partners, the country's aerospace industry maintained one of the largest in the world

Canada Sealants Industry Overview

The Canada Sealants Market is fragmented, with the top five companies occupying 39.82%. The major players in this market are 3M, Henkel AG & Co. KGaA, MAPEI S.p.A., RPM International Inc. and SIKA AG (sorted alphabetically).

Canada Sealants Market Leaders

  1. 3M

  2. Henkel AG & Co. KGaA

  3. MAPEI S.p.A.

  4. RPM International Inc.

  5. SIKA AG

Canada Sealants Market Concentration

Other important companies include ADFAST Corp., Arkema Group, Dow, H.B. Fuller Company, Illinois Tool Works Inc..

*Disclaimer: Major Players sorted in alphabetical order.

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Canada Sealants Market News

  • January 2020: H.B. Fuller Company introduced a new range of Gorilla professional-grade adhesives and sealants for MRO industrial applications.
  • April 2019: Dow completed the separation of its Material Science division through a spin-off of Dow Inc.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.

Canada Sealants Market
Canada Sealants Market
Canada Sealants Market
Canada Sealants Market

Canada Sealants Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

    2. 2.2. Regulatory Framework

      1. 2.2.1. Canada

    3. 2.3. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Healthcare

      5. 3.1.5. Other End-user Industries

    2. 3.2. Resin

      1. 3.2.1. Acrylic

      2. 3.2.2. Epoxy

      3. 3.2.3. Polyurethane

      4. 3.2.4. Silicone

      5. 3.2.5. Other Resins

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. 3M

      2. 4.4.2. ADFAST Corp.

      3. 4.4.3. Arkema Group

      4. 4.4.4. Dow

      5. 4.4.5. H.B. Fuller Company

      6. 4.4.6. Henkel AG & Co. KGaA

      7. 4.4.7. Illinois Tool Works Inc.

      8. 4.4.8. MAPEI S.p.A.

      9. 4.4.9. RPM International Inc.

      10. 4.4.10. SIKA AG

  7. 5. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Adhesives and Sealants Industry Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Drivers, Restraints, and Opportunities

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. VOLUME OF AIRCRAFTS DELIVERED, UNITS, CANADA, 2017-2028
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, CANADA, 2017-2028
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, CANADA, 2017-2028
  1. Figure 4:  
  2. VOLUME OF SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 5:  
  2. VALUE OF SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 6:  
  2. VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 7:  
  2. VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 8:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2016 VS 2022 VS 2028
  1. Figure 9:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2016 VS 2022 VS 2028
  1. Figure 10:  
  2. VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 11:  
  2. VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 12:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, CANADA, 2021 VS 2028
  1. Figure 13:  
  2. VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 14:  
  2. VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 15:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, CANADA, 2021 VS 2028
  1. Figure 16:  
  2. VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 17:  
  2. VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 18:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, CANADA, 2021 VS 2028
  1. Figure 19:  
  2. VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 20:  
  2. VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 21:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, CANADA, 2021 VS 2028
  1. Figure 22:  
  2. VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 23:  
  2. VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, CANADA, 2017 - 2028
  1. Figure 24:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, CANADA, 2021 VS 2028
  1. Figure 25:  
  2. VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 26:  
  2. VALUE OF SEALANTS CONSUMED BY RESIN, USD, CANADA, 2017 - 2028
  1. Figure 27:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, CANADA, 2016 VS 2022 VS 2028
  1. Figure 28:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, CANADA, 2016 VS 2022 VS 2028
  1. Figure 29:  
  2. VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 30:  
  2. VALUE OF ACRYLIC SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 31:  
  2. VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
  1. Figure 32:  
  2. VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 33:  
  2. VALUE OF EPOXY SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 34:  
  2. VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
  1. Figure 35:  
  2. VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 36:  
  2. VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 37:  
  2. VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
  1. Figure 38:  
  2. VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 39:  
  2. VALUE OF SILICONE SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 40:  
  2. VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
  1. Figure 41:  
  2. VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, CANADA, 2017 - 2028
  1. Figure 42:  
  2. VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, CANADA, 2017 - 2028
  1. Figure 43:  
  2. VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
  1. Figure 44:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, CANADA, 2019 - 2021
  1. Figure 45:  
  2. MOST ADOPTED STRATEGIES, COUNT, CANADA, 2019 - 2021
  1. Figure 46:  
  2. REVENUE SHARE OF SEALANTS BY MAJOR PLAYERS, %, CANADA, 2021

Canada Sealants Industry Segmentation

Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.

  • Sealants are majorly used in the construction industry in Canada because of their diverse applications, such as waterproofing, weather sealing, crack sealing, and joint sealing. The Canadian construction industry accounted for 1.7% of the global construction market in 2017 and accounted for more than 7% of the country’s GDP. The rapid growth of residential construction projects in the country is expected to augment the demand for sealants in the near future.
  • The automotive industry accounts for a decent share of the sealants market because of their applicability to various surfaces, such as glass, metal, plastic, and painted surfaces. The features that are helpful in the automotive industry, such as extreme weather resistance, durability, and long-lasting, are expected to create ample opportunities for sealants over the coming years. These sealants are mostly used in engines and car gaskets. Electric vehicle sales are expected to grow at a significant rate of 28% from 2020 to 2030 because of the increase in the need for personal mobility. This is also expected to boost the demand for automotive sealants over the forecast period.
  • Different sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting materials. They are also used for sealing sensors and cables, etc. The consumer electronics market is anticipated to grow at a rate of over 4% over the coming years in Canada and lead to an increase in the demand for sealants during the forecast period. Sealants are used in the healthcare industry for applications such as assembling and sealing medical device parts. The increase in healthcare investments in the Canadian market is expected to increase the demand for sealants in the forecast period.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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Market Definition

  • End-user Industry - Building & Construction, Automotive, Aerospace, Healthcare, and Others are the end-user industries considered under the sealants market.
  • Product - All sealant products are considered in the market studied
  • Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Silicone, and Others are considered
  • Technology - For the purpose of this study, One component and Two component sealant technologies are taken into consideration.
Keyword Definition
Hot-melt Adhesive Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed.
Reactive Adhesive A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Solvent-borne Adhesive Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers).
Water-borne Adhesive Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent.
UV Cured Adhesive UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives.
Heat-resistant Adhesive Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage.
Reshoring Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this.
Oleochemicals Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats.
Nonporous Materials Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow.
EU-Vietnam Free Trade Agreement A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019.
VOC content Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants.
Emulsion Polymerization Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product.
2025 National Packaging Targets In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025.
Russian Government’s Import Substitution Policy The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015.
Paper Substrate Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered.
Insulation Material A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils.
Thermal Shock A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Canada Sealants Market Research FAQs

The Canada Sealants Market size is expected to reach USD 291.99 million in 2024 and grow at a CAGR of 5.76% to reach USD 365.36 million by 2028.

In 2024, the Canada Sealants Market size is expected to reach USD 291.99 million.

3M, Henkel AG & Co. KGaA, MAPEI S.p.A., RPM International Inc. and SIKA AG are the major companies operating in the Canada Sealants Market.

In the Canada Sealants Market, the Building and Construction segment accounts for the largest share by end user industry.

In 2024, the Building and Construction segment accounts for the fastest growing by end user industry in the Canada Sealants Market.

In 2023, the Canada Sealants Market size was estimated at 291.99 million. The report covers the Canada Sealants Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Sealants Market size for years: 2024, 2025, 2026, 2027 and 2028.

Canada Sealants Industry Report

Statistics for the 2023 Canada Sealants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Sealants analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Canada Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028