Market Trends - Articles - Page 8 | Adhesives & Sealants Industry

Remodeling Industry Confidence Improves Year over Year

Despite supply issues, the remodeling industry is experiencing strong demand and increased optimism.

October 19, 2021

The National Association of Home Builders (NAHB) recently released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter, posting a reading of 87, up five points from the third quarter of 2020.

Housing Starts Decline in July on Supply Chain Challenges

Single-family starts decreased 4.5%, and the multi-family sector decreased 13.1%.

September 9, 2021

Supply chain and labor challenges helped to push overall housing starts down 7% to a seasonally adjusted annual rate of 1.53 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

North American Printed Circuit Board Industry Sees Growing Backlog

Strong demand combined with supply chain shortages are leading to a growing backlog.

September 7, 2021

IPC recently announced the July 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program.

Builder Confidence at 13-Month Low

In August, builder sentiment in the market for newly built single-family homes fell five points to 75.

August 26, 2021

Higher construction costs and supply shortages, along with rising home prices, pushed builder confidence to its lowest reading since July 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

North American Printed Circuit Board Industry Sales Show Strong Growth in June

Total North American PCB shipments in June 2021 were up 6.3% compared to the same month last year.

July 28, 2021

IPC recently announced the June 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program.

Single-Family Housing Starts Hold Steady in May

Single-family starts increased 4.2% to a 1.10 million seasonally adjusted annual rate.

June 17, 2021

Overall housing starts increased 3.6% in May to a seasonally adjusted annual rate of 1.57 million units off of a downwardly revised April reading, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Builder Confidence is Stable while Concerns Regarding Building Materials Linger

The latest NAHB/Wells Fargo Housing Market Index in May shows that builder confidence in the market for newly built single-family homes is unchanged from April.

June 3, 2021

Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber.

Skyrocketing Lumber Costs Add Nearly $36,000 to New Home Prices

Other building material prices have been steadily rising since 2020 and, like lumber, are in short supply as well.

May 10, 2021

Soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872, according to new analysis by the National Association of Home Builders.

Epoxy Resins Market to Surpass $5.8 Billion by 2027

Strong demand from the aviation industry is propelling market growth of epoxy resins, which are widely used as corrosion inhibitors.

April 14, 2021

The global epoxy resins market was estimated to be valued at more than $3.5 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 6.6% from 2020 to 2027, according to a report published by Coherent Market Insights.