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The Middle East is reportedly the second-largest region in terms of capacity additions.

Sales of newly built, single-family homes posted a yearly gain of 1.5% in 2018, according to recently released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

From a geographical standpoint, the hot-melt adhesives market in Asia Pacific is projected to rise at a CAGR of 9.2%.

Confidence in the market for new multi-family housing weakened slightly in the fourth quarter of 2018, according to results from the Multifamily Market Survey (MMS) released recently by the National Association of Home Builders (NAHB).

During January, chemical output rose across all regions, with the largest gains in the Gulf Coast region.

Water-based adhesives and sealants will reportedly continue to capture the largest share of demand, supported by these products’ low emissions and use in a wide range of applications.

Polyurethane dominated the flexible foam market, accounting for over 60% of the overall demand in 2018.

The market is growing at a CAGR of 7.2%.

Environmental awareness is one of the key factors driving the market.

By geography, Asia-Pacific is the largest market for the global market during the forecast period.