The glues based on starches or modified starches market in Canada reached a value of $9.3253 million USD in 2023, showing a modest year-on-year increase of 0.63%. Over the past five years, the market exhibited an average annual growth rate (CAGR) of 1.19%. Despite the fluctuations observed from 2013 to 2023, the market has generally shown resilience, with positive growth noted especially between 2019 and 2020, attributed to increased industrial applications.
Future trends to watch include:
- Growth in sustainable and biodegradable product demand.
- Innovation in applications across industries such as packaging, textiles, and construction.
- Potential impacts of regulatory changes promoting eco-friendly products.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 6 | 6 Canada | 9,325,300 | 2023 | +0.63% | +1.19% | |
| 7 | 7 Ukraine | 7,318,800 | 2023 | -2.86% | -3.72% | View data |
| 8 | 8 Austria | 6,847,900 | 2023 | -2.16% | -1.44% | View data |
