Market Trends

RSS

According to a report by Straits Research, the global construction adhesives market is expected to grow to $17.88 billion in 2031 due to investments in infrastructure and rising demand from the residential sector. 

According to a report by Research Nester, the global cellular rubber market is expected to grow from $8.4 billion in 2022 to $18 billion by 2035. The growth is due to the forecasted rise in the automotive, rubber, electronic, and space industries.

Research Nester released a report anticipating demand for hot-melt adhesives to grow substantially over various industries. 

Despite high interest and mortgage rates, construction of single-family housing units grew in September as buyers are turning to new homes due to a poor resale market. 

Investments in digitalization, enhanced automation, and product changes are top priorities.

Despite a drop in net revenue for the quarter, the company remains optimistic that its business model will continue to remain profitable in uncertain market conditions. 

By 2032, the market for silanes is anticipated to reach a value of $1.1 Billion, growing at a CAGR of 5.1%.

The acrylic acid market is expected to grow, with adhesives and sealants being among the fastest growing applications. 

The growing demand from the packaging industry for lightweight, sustainable, and inventive packaging options is anticipated to boost the bio-based adhesives market.

Builder confidence declined in August as rising mortgage rates and high shelter inflation affected housing affordability and consumer demand.