According to the American Chemistry Council’s (ACC) new report, titled Year-End 2022 Chemical Industry Situation and Outlook, the chemical industry posted one of its best years in a decade.

Chemical output was lower than a month ago in all regions, with the largest declines in the Gulf Coast, home to much of the nation’s basic industrial chemical and synthetic materials capacity. Reportedly, the declines reflect sluggish output in several end-use manufacturing industries and weak export markets.

The National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) is a quarterly measurement of building conditions across the country, and uses county-level information about single- and multi-family permits to gauge housing construction growth in various urban and rural geographies.

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.

RadTech, the Association for UV & EB Technology, recently shared some preliminary results from a market trends survey focusing on ultraviolet (UV) and electron beam (EB) technologies.