Adhesive and sealant manufacturers and end users are always looking for a competitive edge. Faced with a bewildering number of formulation choices and risk/reward tradeoffs, they can end up getting left behind as technologies advance, or make a technical or business mistake if they are too aggressive. There are literally hundreds of raw materials to choose from, a long process to validate and verify new ingredients, and precious little time for internally driven product development projects.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
The possibility of a new alumina-based metamaterial that can be used in industries like building construction and aerospace is being tested by a team of researchers.
The U.S. adhesives market reached $15.8 billion in 2016; sealants grew to $2.4 billion. Volume growth in each appears to be less than 2% from our interviews of industry participants. Figure 1 shows a breakdown of the U.S. market by end use in terms of value.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
Growing demand from applications, such as paper and packaging and building and construction is expected to fuel the growth of the adhesives and sealants market.
August 7, 2017
The adhesives and sealants market is expected to grow from $49.5 billion in 2016 to $63.5 billion by 2021.
Our industry has seen an unprecedented increase in moisture-related claims due to many factors associated with a wider selection of floor coverings in use. These factors range from fast-track building construction and the increased use of non-standard size flooring tiles and planks to a reduction in porous floor-covering backings, as well as improperly specified and applied adhesives, improperly trained installers and poor drainage.
All three HMI components reportedly registered losses in July, but are still in solid territory.
July 31, 2017
Builder confidence in the market for newly built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).