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.
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).
The adhesives application segment of the phenolic resins market is expected to see a significant growth rate and hold prominent market share through 2029.
Global demand for phenolic resins is expected to remain steady and grow at a CAGR of around 4% from 2019-2029.
Sentiment levels have held in the mid- to upper 60s since May, and September’s reading matches the highest level since last October.
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).
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.
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.
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.
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).
The food and beverage industry is expected to dominate demand in the self-adhesive labels market.
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.
The overall Remodeling Market Index averages current remodeling activity and future indicators.
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.
Multiple benefits are increasing the popularity of flexible packaging worldwide.
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.