Construction-related end uses are among the largest categories of adhesive applications, making up approximately $4 billion of the $16 billion adhesive market in the U.S.
Historically,
residential housing has led the economy into and out of recessions. Look to an
increase in new housing builds as a leading indicator that the recession is
near an end.
The adhesives industry continues to face upstream cost pressure from two convergent events: increased energy prices (in the form of more expensive oil and natural gas) and capacity constraints among