Stick it: Growing consumer spending has stimulated demand for industry products

The Adhesive Manufacturing industry in Canada manufactures adhesives, glues, sealants and caulking components. Industry products have many uses, ranging from the 3M Company's Post-it notes to roof shingling. The industry has performed well over the past five years, aided by strong growth in key markets both domestically and in the United States. The industry has benefited significantly from a depreciation in the Canadian dollar while demand from construction sectors in the United States has experienced strong growth. The domestic Adhesive Manufacturing industry is forecast to experience slower growth over the five years to 2024...read more.

Industry Statistics & Market Size
Revenue
$866m
Annual Growth 14-19
5.9%
Forecast Growth 19-24
Profit
Employment
1,883
Businesses
56

Industry Threats & Opportunities

  • Evolving technology and niche products will help smaller operators stand out and expand
  • Growth in US housing markets led to increased demand for industry products
  • Improving commodity prices will help to stimulate aggregate private investment
  • Industry Report - Starting a New Business Chapter

    The Adhesive Manufacturing industry in Canada has moderate barriers to entry, primarily due to start-up costs associated with the manufacturing process and the potential for government sanctions for not complying with regulations. Since the industry's products are constantly evolving to keep up with competition, significant investment is required in research and development. Companies in the industry invest heavily to create higher-performing, lower-cost, more environmentally friendly products. New entrants into the industry must create a product that is on par with existing products, and failure to do so will make it difficult to attract customers, particularly from end users in manufacturing and construction that rely on high-performance products...purchase to read more.

    Additional Insights for the Adhesive Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Adhesive Manufacturing Industry are

  • Effective cost controls
  • Access to the latest available and most efficient technology and techniques
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Canadian effective exchange rate index in the Adhesive Manufacturing industry impact industry performance..

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    What's in this report

    What is the Adhesive Manufacturing Industry?

    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.

    Industry Products
  • Synthetic resin and rubber adhesives
  • Nonstructural caulking components
  • Natural glues and adhesives
  • Structural sealants
  • Other adhesive components
  • Industry Activities
  • Manufacturing caulking compound, except gypsum base
  • Manufacturing rubber cement
  • Manufacturing epoxy and mucilage adhesives
  • Manufacturing pipe-sealing compounds and plumbers' putty
  • Manufacturing dextrin and starch glues
  • Manufacturing adhesives, except asphalt, dental and gypsum base
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Canadian effective exchange rate index
  • Demand from car and automobile manufacturing
  • World price of crude oil
  • Demand from aircraft, engine and parts manufacturing

  • Current Performance
  • Demand returns to growth
  • Trade contributes to growth
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Slower demand from key markets
  • Trade importance remains high
  • Environmentally friendly
  • Table: Adhesive Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Adhesive Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Roofing Contractors in Canada
  • Car & Automobile Manufacturing in Canada
  • Aircraft, Engine & Parts Manufacturing in Canada
  • Home Improvement Stores in Canada
  • Packaging & Labelling Services in Canada

  • Key Selling Industries
  • Petrochemical Manufacturing in Canada

  • Products & Services
  • Synthetic resin and rubber adhesives
  • Nonstructural caulking components
  • Natural glues and adhesives
  • Structural sealants
  • Other adhesive components
  • Chart: Adhesive Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturers
  • Exports
  • Packaging products
  • Construction sector
  • Consumer retail (DIY)
  • Chart: Major Market Segmentation for the Adhesive Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Adhesive Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Adhesive Manufacturing Industry

  • Industry Globalization
    The 3M Company, H.B. Fuller Company,
  • Table: The 3M Company - financial performance
  • Table: H.B. Fuller Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Adhesive Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Adhesive Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • World Price of Oil (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Caulk
  • A waterproof filler and sealant used in construction and repairs to make components watertight.
  • Thermoplastic
  • A substance, such as resin, which becomes plastic upon hardening after being heated.
  • Volatile Organic Compounds (Vocs)
  • An organic compound that has a low boiling point which causes a high number of molecules to be released into the air, potentially causing pollution.
  • What Our Customers Say

    Why buy this report?

    The Adhesive Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Adhesive Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Adhesive Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Adhesive Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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