Market reports - Articles - Page 9 | Adhesives & Sealants Industry

Single-Family Housing Starts Hold Steady in May

Single-family starts increased 4.2% to a 1.10 million seasonally adjusted annual rate.

June 17, 2021

Overall housing starts increased 3.6% in May to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Market Trends

Construction Sector Remains Key Market for Silicone Sealants

Multiple trends are anticipated to help silicone sealants experience strong demand from the construction industry through 2027.

June 17, 2021

Silicone sealants offer excellent chemical and thermal stability while also providing energy savings, which helps in lowering greenhouse gas emissions. The global silicone sealants market is projected to register a CAGR of 4.2% from 2019-2027, according to a report from Trends Market Research.

Builder Confidence is Stable while Concerns Regarding Building Materials Linger

The latest NAHB/Wells Fargo Housing Market Index in May shows that builder confidence in the market for newly built single-family homes is unchanged from April.

June 3, 2021

Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber.

Skyrocketing Lumber Costs Add Nearly $36,000 to New Home Prices

Other building material prices have been steadily rising since 2020 and, like lumber, are in short supply as well.

May 10, 2021

Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders.

Epoxy Resins Market to Surpass $5.8 Billion by 2027

Strong demand from the aviation industry is propelling market growth of epoxy resins, which are widely used as corrosion inhibitors.

April 14, 2021

The global epoxy resins market was estimated to be valued at more than $3.5 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 6.6% from 2020 to 2027, according to a report published by Coherent Market Insights.

February New Home Sales Down on Rising Material Costs, Interest Rates

Sales of newly built, single-family homes fell 18.2% to a 775,000 seasonally adjusted annual rate.

April 7, 2021

Higher interest rates, supply shortages, and rising material prices, particularly for lumber, put a damper on new home sales in February.

Five Technologies Projected to Disrupt the Chemicals and Materials Industry

Lux Research identifies and ranks 12 key technologies that will reshape the world and ranks the top five technologies for the chemicals and materials industry.

March 26, 2021

Trends like sustainability and digitalization are going to dramatically change the chemicals and materials industry over the next 20 years, according to a report from Lux Research.

New Home Sales Higher in January

New home sales increased in the Midwest, the South, and the West, while decreasing in the Northeast.

March 10, 2021

Strong demand stemming from low interest rates, favorable demographics, and a suburban shift for home building to smaller, more affordable housing markets helped to lift new home sales in January 2021, but rising lumber and material costs threaten to blunt this momentum.

Glass Bonding Adhesives Market Exhibits Significant Growth

Growth of the glass bonding adhesives market is sustained by rising application in a range of industries, including construction, automotive, and healthcare.

February 24, 2021

The global glass bonding adhesives market is anticipated to expand at over 7% CAGR through 2030, according to a recent report by Fact.MR.