Market Trends - Articles - Page 17 | Adhesives & Sealants Industry

Domestic Electronics Manufacturers Grappling with Higher Costs from U.S. and Chinese Tariffs

On average, surveyed U.S. electronics companies report they have seen tariff increases on 31% of the total dollar value of the products they import.

October 25, 2019

According to a member survey conducted by IPC from September 25-October 2, almost 90% of U.S. electronics manufacturers are troubled by the higher tariffs imposed by the U.S. and China on each other’s imports.

Builder Confidence Hits 20-Month High

The HMI index gauging current sales conditions increased three points, the component measuring sales expectations in the next six months jumped six points, and the measure charting traffic of prospective buyers rose four points.

October 21, 2019

Builder confidence in the market for newly built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Growing Demand for Lightweight and Eco-Friendly Composites Propels Phenolic Resins Market

The adhesives application segment of the phenolic resins market is expected to see a significant growth rate and hold prominent market share through 2029.

October 7, 2019

Global demand for phenolic resins is expected to remain steady and grow at a CAGR of around 4% from 2019-2029.

Multiple Factors Expected to Propel Growth for Wood Furniture Market

The Asia-Pacific region dominates the global wood furniture market, accounting for over 45% of market share in 2018.

September 30, 2019

The wood furniture market is projected to surpass $580 billion by 2025.

Builder Confidence Hits Yearly High in September

Sentiment levels have held in the mid- to upper 60s since May, and September’s reading matches the highest level since last October.

September 25, 2019

Builder confidence in the market for newly built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Compostable Food Service Packaging Sales to Grow as Sustainability Push Promises Rapid Adoption

The expansion of the foodservice industry, along with the emergence of “takeaway” and “grab-and-go” services, will continue to provide potential growth prospects for the compostable foodservice packaging market.

August 23, 2019

Worldwide sales of compostable foodservice packaging reached approximately 6,400 tons worth $16.7 million in 2018; the market is projected to grow at a CAGR of around 5% through 2029.

Builder Confidence Trending Higher as Interest Rates Move Lower

The HMI index gauging current sales conditions for newly built single-family homes increased two points to 73, and the component measuring traffic of prospective buyers rose two points to 50.

August 21, 2019

Builder confidence in the market for newly built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Strong Growth Projected for Global Self-Adhesive Labels Market

The food and beverage industry is expected to dominate demand in the self-adhesive labels market.

August 16, 2019

The global self-adhesive labels market is projected to reach a value of $42 billion by the end of 2026, registering a CAGR of over 5.4% from 2019-2026.

Remodeler Confidence Holds Steady in 2019 Second Quarter

The overall Remodeling Market Index averages current remodeling activity and future indicators.

August 13, 2019

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2019, rising one point from the previous quarter.

Market Trends

Laminating Adhesives Benefit from Growth in Flexible Packaging

Multiple benefits are increasing the popularity of flexible packaging worldwide.

August 1, 2019

The market for laminating adhesives is expected to register a CAGR of almost 5.7% from 2019-2024, according to a recent report from Mordor Intelligence.