Canada Building And Construction Sealants Market Size & Outlook
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Canada building and construction sealants market highlights
- The Canada building and construction sealants market generated a revenue of USD 239.6 million in 2022 and is expected to reach USD 397.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
Building and construction sealants market data book summary
| Market revenue in 2022 | USD 239.6 million |
| Market revenue in 2030 | USD 397.1 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Reactive & Others |
| Key market players worldwide | Sika AG, 3M Co, Dow Inc, H.B. Fuller Co |
Other key industry trends
- In terms of revenue, Canada accounted for 2.7% of the global building and construction sealants market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. building and construction sealants market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 225.5 million by 2030.
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Building And Construction Sealants Market Scope
Building And Construction Sealants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| H.B. Fuller Co | View profile | 7200 | 1200 Willow Lake Boulevard, Saint Paul, MN, United States, 55110-5101 | https://www.hbfuller.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Canada building and construction sealants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building and construction sealants market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 37.44% in 2022. Horizon Databook has segmented the Canada building and construction sealants market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry of Canada was at a downfall owing to a fragile economic status of the region, continuously falling commodity prices coupled with high inflation rates, unstable capital inflow and more.
Also, low disposable income among the consumers in the region directly affected the construction industry across Canada and therefore the market for building and construction sealants dropped significantly.
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Our clientele includes a mix of building and construction sealants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada building and construction sealants market , including forecasts for subscribers. This country databook contains high-level insights into Canada building and construction sealants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada building and construction sealants market size, by technology, 2018-2030 (US$M)
Canada Building And Construction Sealants Market Outlook Share, 2022 & 2030 (US$M)
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