Market reports - Articles - Page 12 | Adhesives & Sealants Industry

Remodeling Industry Sees Optimism Despite COVID-19

In the 2020 second quarter, all components and subcomponents of the Remodeling Market Index were well above 50.

July 31, 2020

The National Association of Home Builders (NAHB) recently released its Remodeling Market Index (RMI) for the second quarter of 2020.

Builder Confidence Rallies to Pre-Pandemic Level in July

The National Association of Home Builders/Wells Fargo Housing Market Index now stands at the solid pre-pandemic reading in March, before the outbreak affected much of the nation.

July 21, 2020

Builder confidence in the market for newly built single-family homes jumped 14 points to 72 in July, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.

New SOCMA Census Points to Strong Level of Business Confidence for Specialty Chemicals Supply Chain

SOCMA developed the “Specialty Chemicals Industry Census” as part of a strategic focus on building commercial growth opportunities.

July 17, 2020

The Society of Chemical Manufacturers & Affiliates (SOCMA) recently released the findings of its inaugural industry census, which indicates specialty chemical companies remain bullish despite the uncertain landscape.

Automotive and Electronics Industries Expected to Propel Adhesive Tapes Market through 2027

The automotive industry is projected to represent the fastest-growing segment of the global adhesive tapes market from 2019-2027.

July 13, 2020

The global market for adhesive tapes is projected to grow at a CAGR of more than 6.5% from 2019-2027, reaching a value of $111 billion.

New Home Sales Jump in May as Housing Rebound Continues

The May 2020 rate is 12.7% higher than the May 2019 pace.

July 6, 2020

In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6% to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April.

Market Trends

Aging Aircraft Fleet Updates Expected to Drive Aerospace Coatings Demand

Though solvent-based coatings will likely dominate in the near future, strict environmental regulations are encouraging aircraft makers to switch to alternatives.

June 29, 2020

The aerospace coatings market is expected to exceed $1.2 billion by 2026.

Builder Confidence Surges in June as Housing Rebound is Underway

All of the National Association of Home Builders/Wells Fargo Housing Market Index indices posted gains in June.

June 24, 2020

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Digital Transformation Projected to Affect $500 Billion of the Global Chemicals and Materials Industry

Digital technologies like sensors, computer vision, analytics, and robotics will be key enablers of the chemicals market’s transition to outcome-based business models over the next 20 years.

June 19, 2020

The chemicals and materials industry has mostly seen only incremental innovation in recent decades, with growth coming primarily from expansion into new geographic markets.

Is the Housing Industry Poised to Lead the Nation’s Economic Recovery?

As stay-at-home orders continue to be lifted across the country, the residential construction industry is shifting its business environment to ensure all safety precautions are exercised throughout the home building and buying process.

June 12, 2020

As the industry observes National Homeownership Month in June, recent housing data indicate the important role the residential construction industry will play in leading the U.S. economic recovery from the coronavirus pandemic, according to the National Association of Home Builders (NAHB).

COVID-19 Causes Wearable Shipments to Plummet by 27 Million Compared to Pre-Pandemic 2020 Forecast

While healthcare wearables are aiding current situations, all wearable device types are expected to see a small amount of increase in the second half of 2020.

June 11, 2020

Consumer interest in buying non-essential devices dropped in the first quarter of 2020 due to the COVID-19 pandemic, negatively impacting demand for wearables.