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Findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show the increase in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic has declined over the past 12 months.

The Freedonia Group has released Global Adhesives & Sealants, a report detailing the market’s increasing focus on sustainability, the strong potential in the Asia/Pacific region, and the opportunities in the water-based, reactive, and hot melt segments.

According to reports from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the U.S. housing market continues to weaken.

Rising need for lightweight, high-strength materials in the automotive and construction sectors, as well as growing demand for high-performance materials in wind power and aerospace industries, is set to drive demand for epoxy resins over the forecast period.

Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic. 

According to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, builder confidence took a steep drop in May, a sign that the housing market is now slowing.

The global epoxy adhesives market is expected to reach $11.6 billion by 2026. These adhesives offer high shear strength while bonding efficiently to substrates like wood, glass, and metal. They also provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength.

Builder confidence in the market for newly built single-family homes moved two points lower to 79 in March from a downwardly revised reading in February, according to a recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). 

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.