Market Trends

Remodeling Market Maintains Strength in 2017 Third Quarter

For 18 consecutive quarters, the RMI has been at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower.

October 31, 2017

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter.

Medical, Other End Use Markets Driving PSA Demand

Among regions, Asia Pacific is expected to be the fastest-growing pressure-sensitive adhesive tapes market.

October 18, 2017

The pressure-sensitive adhesive (PSA) market is projected to grow at a compound annual growth rate (CAGR) of 6.22%.

Waterproof Tapes Market to Grow at 6.97%

The market growth is reportedly driven by the growing demand from end-use industries.

October 13, 2017

The waterproof tapes market is forecast to reach $13.95 billion by 2022.

Spray Adhesives Market to Reach $8 Billion

Robust automotive industry growth in India is reportedly a significant driving factor.

October 9, 2017

The global spray adhesives market is expected to reach $8.08 billion by 2025.

Rheology Modifiers Lead Coatings Additives Market

The estimated 95 billion lbs. of coating produced worldwide in 2017 will consume 92% of the additive volume and the 8.4 billion lbs. of ink the remainder.

October 5, 2017

Global consumption of the five leading additives in coatings and inks in 2017 is a projected 2.7 billion lbs., worth over $5 billion.

China Coatings Market Output Grows

The output growth was reportedly supported by the strong economical southern region of China, while other areas in west and north saw declines in output.

October 4, 2017

During the first six months of this year, the combined output of 1,358 large-scale coating manufacturers in China increased by 10.5% year over year (YoY) to 641,000 tonnes.

Structural Adhesives Market to Grow 7%

The Asia Pacific structural adhesives market is projected to grow at the highest CAGR during the forecasted period.

October 2, 2017

The structural adhesives market is forecast to reach $15.72 billion by 2022.

U.S. Chemical Production Flat in August

Disruptions from Hurricane Harvey were most pronounced in the Gulf Coast region which saw a steep decline, following three months of solid gains.

September 29, 2017

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index was flat in August, following strong gains in July (1.2%) and June (0.8%), as measured on a three-month moving average (3MMA) basis.