Sika is a multinational specialty chemicals company developing and producing systems and products for bonding, sealing, damping, reinforcing, and protecting in the building and construction and motor vehicle industries. The company organizes its product offerings into Construction Solutions and Industry Solutions, with specified target markets including: Concrete, Waterproofing, Roofing, Building Finishing, Flooring Engineered Refurbishment, and Industry. For the seven construction-focused segments, Sika produces products ranging from sealants, adhesives, and tapes to spray foams and coatings, among many others. The Industry market focuses on a range of solutions (including structural adhesives and sealants) for automotive and commercial vehicle assembly.
For the first time, Sika achieved record sales in 2022. The company reported approximately CHF 10.5 billion (approximately $11.4 billion) in net sales, representing an increase of 13.4% year-over-year. (Sika declined to provide specific adhesives/sealants-related sales and other details.)