The import of adhesives based on rubber or plastic to Canada is forecasted to grow steadily from 2024 through 2028. This market is projected to increase from 332.94 million USD in 2024 to 359.0 million USD in 2028. The year-on-year growth indicates a consistent upward trend, with minor incremental increases each year.

From the data provided, the compounded annual growth rate (CAGR) over this five-year period shows a moderate and stable market environment. Key drivers could be increased demand in construction, automotive, and consumer goods sectors leveraging the properties of these adhesives.

Future trends to watch for include:

Advancements in adhesive technology which may impact import dynamics.
Regulatory changes that could impact the cost and ease of importing these materials into Canada.
Evolving market needs in key industries such as automotive and construction that traditionally use these adhesives.