Market Trends topic | Adhesives & Sealants Industry

Builder Confidence Holds Firm in November

The HMI index gauging current sales conditions fell two points to 76, and the measure charting traffic of prospective buyers dropped one point to 53.

November 25, 2019

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Builder confidence in the market for newly built single-family homes edged one point lower to 70 in November, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Demand for Biocides Expected to be Strong Through 2024

Growing demand for biocides across industries such as paints and coatings, oil and gas, personal care, and food and beverages will be driven by the need for their antifungal, antibacterial, and antimicrobial properties.

November 18, 2019

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The global biocides market is anticipated to surpass $13 billion by 2024, growing at a CAGR of around 5% from 2018-2024.

Increasing Geriatric Population Key Driver for Strong Growth of Global Surgical Adhesives and Sealants Demand

Adhesives and surgical sealants are used during medical procedures to fill surgical wounds, rebuild injured tissues, and replace and improve common stitching in medical practices.

November 8, 2019

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The global market for surgical sealants and adhesives is forecasted to top $3.5 billion by the end of 2026, growing at a CAGR of over 9.3% from 2019-2026.

Remodeler Confidence Holds Steady in 2019 Third Quarter

The future market indicators gained two points from the previous quarter to 57.

November 4, 2019

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The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the third quarter of 2019, remaining stable from the previous quarter.

Acrylic Acid Market to Experience Strong Growth through 2029

The adhesives and sealants segment is anticipated to be a major factor in driving demand for acrylic acid and its derivatives.

October 28, 2019

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The global acrylic acid market is expected to be valued at around $19.7 billion by the end of 2019, according to a recent report.

Domestic Electronics Manufacturers Grappling with Higher Costs from U.S. and Chinese Tariffs

On average, surveyed U.S. electronics companies report they have seen tariff increases on 31% of the total dollar value of the products they import.

October 25, 2019

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According to a member survey conducted by IPC from September 25-October 2, almost 90% of U.S. electronics manufacturers are troubled by the higher tariffs imposed by the U.S. and China on each other’s imports.

Builder Confidence Hits 20-Month High

The HMI index gauging current sales conditions increased three points, the component measuring sales expectations in the next six months jumped six points, and the measure charting traffic of prospective buyers rose four points.

October 21, 2019

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Builder confidence in the market for newly built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Growing Demand for Lightweight and Eco-Friendly Composites Propels Phenolic Resins Market

The adhesives application segment of the phenolic resins market is expected to see a significant growth rate and hold prominent market share through 2029.

October 7, 2019

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Global demand for phenolic resins is expected to remain steady and grow at a CAGR of around 4% from 2019-2029.

Multiple Factors Expected to Propel Growth for Wood Furniture Market

The Asia-Pacific region dominates the global wood furniture market, accounting for over 45% of market share in 2018.

September 30, 2019

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The wood furniture market is projected to surpass $580 billion by 2025.

Builder Confidence Hits Yearly High in September

Sentiment levels have held in the mid- to upper 60s since May, and September’s reading matches the highest level since last October.

September 25, 2019

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Builder confidence in the market for newly built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).