Market Trends

RSS

The global market for adhesive tapes is projected to grow at a CAGR of more than 6.5% from 2019-2027, reaching a value of $111 billion.

In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6% to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April.

The aerospace coatings market is expected to exceed $1.2 billion by 2026.

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

As the industry observes National Homeownership Month in June, recent housing data indicate the important role the residential construction industry will play in leading the U.S. economic recovery from the coronavirus pandemic, according to the National Association of Home Builders (NAHB). 

Consumer interest in buying non-essential devices dropped in the first quarter of 2020 due to the COVID-19 pandemic, negatively impacting demand for wearables.