The global chemical industry has experienced some rocky years of late, and it is clear that industry is still working out the effects of the disruptions.
July 31, 2024
To summarize the overall trends in the industry in 2023, sales from many companies were down for the year, but the end of the year and the beginning of 2024 offer reasons for optimism.
The National Association of Home Builders (NAHB) predicts that the pace of new home sales will be under pressure in April as mortgage rates moved above 7% in April.
A new report suggests that pent-up demand, moderating interest rates, and a lack of existing inventory helped push single-family starts in February, reaching their highest level since April 2022.
With sales of 21.5 billion euros, the report shows strong organic sales growth and significantly improved profitability, exceeding the outlook made at the beginning of the year.
A newly released report estimates that the global specialty adhesives market size was valued at $4.7 billion in 2022 and is anticipated to grow at a CAGR of 4.7% from 2023 to 2032.