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Home » Topics » Market Trends

Market Trends
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Market-Trends

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.


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residential construction

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).
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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.


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residential construction

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.
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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.


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Environmental Concerns Expected to Help Spur Strong Demand for Polyurea Coatings

The polyurea coatings market is expected to surpass $1.5 billion by the end of 2029, registering a CAGR of over 9%.
July 31, 2019

The global polyurea coatings market was valued nearly $600 million at the end of 2018, according to a recent report.


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Moving/expansion

Infrastructure Development and Construction to Benefit Global Demand for Polysulfide Sealants

Accounting for over 70% of consumption in the global polysulfide sealants market, 2-component polysulfide sealants remain prominent across a range of applications.
July 24, 2019
The global polysulfide sealants market was worth over $1 billion at the end of 2018 and is expanding at a significant growth rate, according to a recent report.
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Emerging Economies Represent Major Opportunities for Specialty Tapes

The specialty tapes market in emerging economies (e.g., China, India, Brazil, South Africa, and Indonesia) is expected to witness significant growth.
July 17, 2019

The market for specialty tapes is projected to grow from $44.2 billion in 2019 to $59.3 billion by 2024, expanding at a CAGR of 6.1%.


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Generic_News

U.S. Chemical Industry Expansion Continues Despite Headwinds

Chemical industry growth is projected to exceed that of the U.S. economy through 2024.
July 10, 2019
U.S. chemical industry output will continue to grow in 2019 despite a challenging global economy, according to the American Chemistry Council.
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Market-Trends

Membranes Expected to Dominate Waterproof Breathable Textiles Market

Membranes are laminated to a conventional fabric to provide the essential mechanical strength.
July 2, 2019
The global waterproof breathable textiles market is expected to record a CAGR of around 6% from 2019-2024, according to a recent market study.
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