Key information about House Prices Growth

• US house prices grew 5.2% YoY in Sep 2024, following an increase of 6.2% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2024, with an average growth rate of 5.5%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

The Global Financial Crisis of 2008-09 was a period of severe macroeconomic instability for the United States and the global economy more generally. The crisis was precipitated by the collapse of a number of financial institutions who were deeply involved in the U.S. mortgage market and associated credit markets. Beginning in the Summer of 2007, a number of banks began to report issues with increasing mortgage delinquencies and the problem of not being able to accurately price derivatives contracts which were based on bundles of these U.S. residential mortgages. By the end of 2008, U.S. financial institutions had begun to fail due to their exposure to the housing market, leading to one of the deepest recessions in the history of the United States and to extensive government bailouts of the financial sector.

Subprime and the collapse of the U.S. mortgage market

The early 2000s had seen explosive growth in the U.S. mortgage market, as credit became cheaper due to the Federal Reserve's decision to lower interest rates in the aftermath of the 2001 'Dot Com' Crash, as well as because of the increasing globalization of financial flows which directed funds into U.S. financial markets. Lower mortgage rates gave incentive to financial institutions to begin lending to riskier borrowers, using so-called 'subprime' loans. These were loans to borrowers with poor credit scores, who would not have met the requirements for a conventional mortgage loan. In order to hedge against the risk of these riskier loans, financial institutions began to use complex financial instruments known as derivatives, which bundled mortgage loans together and allowed the risk of default to be sold on to willing investors. This practice was supposed to remove the risk from these loans, by effectively allowing credit institutions to buy insurance against delinquencies. Due to the fraudulent practices of credit ratings agencies, however, the price of these contacts did not reflect the real risk of the loans involved. As the reality of the inability of the borrowers to repay began to kick in during 2007, the financial markets which traded these derivatives came under increasing stress and eventually led to a 'sudden stop' in trading and credit intermediation during 2008.

Market Panic and The Great Recession

As borrowers failed to make repayments, this had a knock-on effect among financial institutions who were highly leveraged with financial instruments based on the mortgage market. Lehman Brothers, one of the world's largest investment banks, failed on September 15th 2008, causing widespread panic in financial markets. Due to the fear of an unprecedented collapse in the financial sector which would have untold consequences for the wider economy, the U.S. government and central bank, The Fed, intervened the following day to bailout the United States' largest insurance company, AIG, and to backstop financial markets. The crisis prompted a deep recession, known colloquially as The Great Recession, drawing parallels between this period and The Great Depression. The collapse of credit intermediation in the economy lead to further issues in the real economy, as business were increasingly unable to pay back loans and were forced to lay off staff, driving unemployment to a high of almost 10 percent in 2010. While there has been criticism of the U.S. government's actions to bailout the financial institutions involved, the actions of the government and the Fed are seen by many as having prevented the crisis from spiraling into a depression of the magnitude of The Great Depression.

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Myanmar Residential Real Estate Market Size 2025-2029

The residential real estate market in Myanmar size is forecast to increase by USD 233.2 million at a CAGR of 4.7% between 2024 and 2029.

The market is experiencing significant growth, particularly in emerging markets such as Myanmar, driven by the expanding residential sector. The integration of technology in property management, including the use of smart sensors and automation, is a key trend transforming the industry. However, regulatory uncertainty remains a challenge, necessitating close monitoring of changes and their potential impact on the market.


In the construction sector, the adoption of concrete watch technology is gaining traction, enhancing the durability and quality of buildings. Real Estate Investment Trusts (REITs) continue to be a significant player In the market, offering investors stable returns. Overall, the market is poised for growth, with technology and regulatory factors shaping its trajectory.

What will be the Size of the market During the Forecast Period?

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The market continues to evolve, shaped by various factors influencing urban areas worldwide. Essential services and infrastructure, including transportation systems and functional infrastructure, remain crucial elements driving demand for urban living. Urban sustainability and the development of new metropolises and cities are gaining momentum, with a focus on tall structures and affordable housing solutions. Economic growth and living levels are key factors influencing the market's size and direction. Despite the overall positive trend, economic headwinds and poor management in some areas can lead to imbalances In the demand-supply equation. First-time buyers face challenges in securing real estate loans due to rising mortgage rates and transactional taxes.


Central banks and governments implement measures to stabilize the market, including adjusting mortgage interest rates and promoting inexpensive housing schemes. The industrial regions' growth and the establishment of new urban areas contribute to increasing transaction volumes, with a growing emphasis on urban planning and efficient decision-making processes. However, the market's dynamics are complex, with various factors influencing property values and the homeownership rate. Informal settlements and poor management in some areas can hinder the market's growth and stability.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Landed houses and villas
  Apartments and condominiums


Mode Of Booking

  Sales
  Rental/Lease


Geography

  Myanmar

By Type Insights

The landed houses and villas segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the demand for landed houses and villas. These properties, which accounted for the largest market share in 2024, offer a unique blend of community and privacy. Villas, specifically, are standalone houses with a veranda or yard, typically located in exclusive areas. They provide a sense of community while maintaining privacy, distinguishing them from flats. In contrast, landed houses are stand-alone dwellings that can be constructed on any type of land. Property tax implications, investor confidence, and housing affordability significantly impact the market. Property value fluctuations, home sellers, and housing supply also play crucial roles.

Urban planning strategies, such as sustainable housing development and urban regeneration, are essential to address affordability and urban mobility concerns. Real estate investment trends, including home renovation, property management services, and data analysis, are shaping the market. Smart home technology and urban design are also influencing housing demand. City branding, competitiveness, and resilience are key factors in urban development and planning. Infrastructure development, sustainable urbanism, and economic diversification are essential for creating smart cities and addressing urban sprawl.

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Market Dynamics

Our Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of the Myanmar Residential Real Estate Market?

The growing residential sector in Myanmar is the key driver of the market. The market experiences continuous growth due to the increasing construction of various typ

In 2022, house price growth in the UK slowed, after a period of decade-long increase. Nevertheless, in August 2024, prices reached a new peak, with the average home costing close to 290,000 British pounds. That figure refers to all property types, including detached, semi-detached, terraced houses, and flats and maisonettes. Compared to other European countries, the UK had some of the highest house prices. How have UK house prices increased over the last 10 years? Property prices have risen dramatically over the past decade. According to the UK house price index, the average house price has grown by over 50 percent since 2015. This price development has led to the gap between the cost of buying and renting a property to close. In 2023, buying a three-bedroom house in the UK was no longer more affordable than renting one. Consequently, Brits have become more likely to rent longer and push off making a house purchase until they have saved up enough for a down payment and achieved the financial stability required to make the step. What caused the decline in house prices in 2022? House prices are affected by multiple factors, such as mortgage rates, supply, and demand on the market. For nearly a decade, the UK experienced uninterrupted house price growth as a result of strong demand and a chronic undersupply. Homebuyers who purchased a property at the peak of the housing boom in July 2022 paid 14 percent more compared to what they would have paid a year before. Additionally, 2022 saw the most dramatic increase in mortgage rates in recent history. Between December 2021 and December 2022, the 10-year fixed mortgage rate doubled, adding further strain to prospective homebuyers. As a result, the market cooled, leading to a correction in pricing.

According to Cognitive Market Research, the global Prefabricated Home market size will be USD 145142.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 58057.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 43542.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 33382.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 7257.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2902.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Wood held the highest Prefabricated Home market revenue share in 2024.

Market Dynamics of Prefabricated Home Market

Key Drivers for Prefabricated Home Market

Rising Urbanization to Increase the Demand Globally

The market for prefabricated homes is heavily influenced by the growing urbanization, which creates a need for quick and inexpensive housing options. Because many people cannot afford traditional solutions due to the rapid increase in metropolitan housing prices relative to income growth, prefabricated home affordability is a concern. Their cost-effectiveness offers a suitable alternative. Additionally, they occupy faster than traditional procedures because of their modular nature, which is anticipated to reduce holding costs. Prefabricated homes are an attractive choice for those searching for affordable and timely housing options in urban areas due to their affordability and speed. There is a growing prefabricated housing market as seen by the increasing prevalence of prefabricated homes in the commercial, industrial, and residential sectors. Their potential in a bigger prefabricated home market is demonstrated by the increase in sales. Furthermore, the sustainability, efficiency, and quality of prefabricated homes are increasing due to ongoing technological advancements in construction techniques, materials, and designs. These advancements facilitate the continuous expansion of the industry and establish prefabricated homes as a flexible and appealing option for several sectors.

Innovative Home Design to Propel Market Growth

Consumer preference for sustainable living, energy efficiency, and customisation in homes is rising. Prefabricated homes, with their modern designs, satisfy these criteria. Technological advancements like 3D printing and AI-driven design tools have made complex prefab designs possible, increasing the market's attractiveness. Emerging lifestyles such as tiny homes are driving innovative prefab solutions tailored to specific groups. New designs are appealing to a wide range of customers, which drives market expansion by drawing in new clientele. Premiumization occurs when prefabricated homes with superior design and craftsmanship command higher prices, hence raising the overall market value. A competitive prefabricated homes market environment is created by innovative designs that enable producers to stand out from the competition and appeal to design-conscious buyers.

Restraint Factor for the Prefabricated Home Market

Perception and Stereotypes to Limit the Sales

Changing the public's perspective and the preconceptions around prefabricated homes is one of the main obstacles. Many individuals still hold outmoded beliefs about prefabricated homes, believing them to be of worse quality or offering fewer customizing options than traditional residences. Negative perceptions limit penetration by keeping potential buyers out of the market. Stereotypes about poor quality affect price points and reduce perceived value. A tarnished reputation deters talent and investors, which impedes the industry's expansion.

Impact of Covid-19 on the Prefabricated Home Market

There have been positive as well as negative impacts of the COVID-19 epidemic on the prefabricated home market. People started lo...

The foreclosure rate in the United States has experienced significant fluctuations over the past two decades, reaching its peak in 2010 at 2.23 percent following the financial crisis. Since then, the rate has steadily declined, with a notable drop to 0.11 percent in 2021 due to government interventions during the COVID-19 pandemic. In 2024, the rate stood slightly higher at 0.23 percent but remained well below historical averages, indicating a relatively stable housing market. Impact of economic conditions on foreclosures The foreclosure rate is closely tied to broader economic trends and housing market conditions. During the aftermath of the 2008 financial crisis, the share of non-performing mortgage loans climbed significantly, with loans 90 to 180 days past due reaching 4.6 percent. Since then, the share of seriously delinquent loans has dropped notably, demonstrating a substantial improvement in mortgage performance. Among other things, the improved mortgage performance has to do with changes in the mortgage approval process. Homebuyers are subject to much stricter lending standards, such as higher credit score requirements. These changes ensure that borrowers can meet their payment obligations and are at a lower risk of defaulting and losing their home. Challenges for potential homebuyers Despite the low foreclosure rates, potential homebuyers face significant challenges in the current market. Homebuyer sentiment worsened substantially in 2021 and remained low across all age groups through 2024, with the 45 to 64 age group expressing the most negative outlook. Factors contributing to this sentiment include high housing costs and various financial obligations. For instance, in 2023, 52 percent of non-homeowners reported that student loan expenses hindered their ability to save for a down payment.

Urban expansion has been rapidly increasing and is projected to be tripled in 2030 in worldwide. The impact of urbanization has adverse effects on the environment and economic development. Residential lands consist of almost one-third of the urban area and heavily affect the city’s inhabitants. The capital of Mongolia, Ulaanbaatar, has been significantly expanded, particularly in the urban periphery where poor living conditions and a lack of essential urban services were identified. The paper aims to conduct a suitability analysis of residential areas in Ulaanbaatar city based on three main categories (livability, affordability, and accessibility) of fifteen criteria using the fuzzy logic. Through the study, we have identified some potential suitable residential areas for further development, such as apartment residential area located in the southern part of the city and four low-rise ger areas were distributed along major transport corridors. Moreover, the results indicated that the spatial structure of the whole town might be in transition to a polycentric pattern. However, a concentric ring pattern in the ‘city’s periphery displayed a concerning uncontrolled ger area expansion, which may increase low living conditions in the area. This study recommends better urban sprawl control policies and more property market investment in the ger area to ensure sustainable development goals in Ulaanbaatar.

The most expensive area in Seoul, South Korea as of December 2024 was Gangnam-gu with an average apartment selling price of around 2.4 billion South Korean won. The Gangnam area, which includes Gangnam-gu, Seocho-gu, Yongsan-gu, and Songpa-gu, is one of the richest neighborhoods in South Korea. What is Gangnam Style?Gangnam has developed greatly since the 1960s with intensive government investment. It literally means 'south of the Han River' and is one of the busiest entertainment districts including Hongdae and Itaewon. Gangnam is also known as a place where people with a high level of education or wealth live. These backgrounds motivated Psy, the well-known Korean singer, rapper, and songwriter, to write his internationally popular song “Gangnam Style”. Luxury apartments in South KoreaThe average purchasing price of apartments in the country has almost doubled in the last 10 years. Part of the reason for this are the multiple luxury-branded apartment complexes in Seoul. Located in Gangnam-gu in Seoul, The Penthouse Cheongdam was the most expensive, with a transaction amount of around 16.4 billion South Korean won.

According to industry experts, the prospects of investment and development in the healthcare properties in Europe have worsened notably since 2022. According to a 2024 survey, the investment prospects for 2025 received a score of 4.02 on a scale from 1 (poor) to 5 (excellent). Meanwhile, the sectors with best prospects in the real estate market for 2025 were data centers and new energy infrastructure.

According to Cognitive Market Research, the global Death Care market size is USD 122584.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.

North America holds the major market of more than 40% of the global revenue with a market size of USD 49033.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 36775.26 million.
Asia Pacific holds the market of around 23% of the global revenue with a market size of USD 28194.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 6129.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Middle East and Africa holds the major market of around 2% of the global revenue with a market size of USD 2451.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Corporate holds the highest Death Care market revenue share in 2024.

Market Dynamics of Death Care Market

Key Drivers for Death Care Market

Rising Geriatric Population to Increase the Demand Globally

The growing number of senior persons worldwide is driving the geriatric population growth. Longer life expectancies increase mortality rates, which expands the need for death care services' customers. The need for all-inclusive end-of-life solutions, such as funeral planning, cremation services, and grief assistance, is highlighted by this shift in the population. The death care industry is seeing constant demand and innovation as societies struggle with the effects of an aging population. It is crucial for service providers to adjust to the changing needs of this particular demographic group in order to provide dignified and courteous end-of-life experiences.

Increasing urbanization to Propel Market Growth

The increasing trend of urbanization encourages a move toward smaller living areas, which reduces the number of house burials that are customary. In order to meet the demands of urban people, funeral houses, cemeteries, and cremation services are in high demand. The accessibility and availability of death care facilities become critical factors as cities grow and populations congregate. In metropolitan settings, funeral houses and crematoriums are essential for providing effective end-of-life care that are sensitive to cultural differences. This shift brought about by urbanization highlights the need for flexible death care methods so that people can pay their loved ones a proper tribute even in the face of physical limitations.

Restraint Factor for the Death Care Market

Lack of Awareness to Limit the Sales

There's a widespread ignorance in many poor countries about the range of death care services available. This shortfall limits the market's ability to grow in terms of new and creative solutions. People who lack information are frequently forced to use traditional methods, which hinders the adoption of more modern, effective, and culturally sensitive death care options. In order to close this informational gap and enable communities to make knowledgeable decisions about end-of-life preparations, education and outreach programs become essential. A more dynamic and responsive death care sector that caters to the changing needs and preferences of varied people worldwide can be fostered by stakeholders by raising knowledge and understanding of the wide range of services that are offered.

Impact of Covid-19 on the Death Care Market

The COVID-19 pandemic has had a major effect on the death care industry, leading to changes in consumer behavior and disruptions. Health and safety concerns have prompted modifications in funeral customs, including gathering bans and social distancing measures that modify customary funeral settings. Due to the perception that cremations pose a reduced risk of transmission than traditional burials, demand for these services has surged. Furthermore, the state of the economy has affected how people spend their money, with some choosing more straightforward and affordable final arrangements. Funeral homes and death care providers have had to quickly adjust to accommodate the changing demands of bereaved families while adhering to health s...

Urban expansion has been rapidly increasing and is projected to be tripled in 2030 in worldwide. The impact of urbanization has adverse effects on the environment and economic development. Residential lands consist of almost one-third of the urban area and heavily affect the city’s inhabitants. The capital of Mongolia, Ulaanbaatar, has been significantly expanded, particularly in the urban periphery where poor living conditions and a lack of essential urban services were identified. The paper aims to conduct a suitability analysis of residential areas in Ulaanbaatar city based on three main categories (livability, affordability, and accessibility) of fifteen criteria using the fuzzy logic. Through the study, we have identified some potential suitable residential areas for further development, such as apartment residential area located in the southern part of the city and four low-rise ger areas were distributed along major transport corridors. Moreover, the results indicated that the spatial structure of the whole town might be in transition to a polycentric pattern. However, a concentric ring pattern in the ‘city’s periphery displayed a concerning uncontrolled ger area expansion, which may increase low living conditions in the area. This study recommends better urban sprawl control policies and more property market investment in the ger area to ensure sustainable development goals in Ulaanbaatar.

Graph and download economic data for Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks (DRSFRMACBS) from Q1 1991 to Q4 2024 about domestic offices, delinquencies, 1-unit structures, mortgage, family, residential, commercial, domestic, banks, depository institutions, rate, and USA.

Mortgage interest rates in Europe soared in 2022 and remained elevated in 2023. In many countries, this resulted in interest rates more than doubling. In Denmark, the average mortgage interest rate rose from 0.67 percent in 2021 to 4.98 percent in 2023. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which will allow mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on homebuying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage homebuying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling to 3.37 percent in the second quarter of 2023. In the four quarters, the delinquency rate increased slightly, reaching 3.97 percent. That was significantly lower than the 8.22 percent during the onset of the COVID-19 pandemic in the second quarter of 2020 or the peak of 9.3 percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us?The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers are eventually able to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost 13 trillion U.S. dollars in 2023. Not all mortgage loans are made equal‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost 26 percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under 15 percent of all subprime mortgages in 2011.

In the first quarter of 2024, Amsterdam was the most expensive city to rent a furnished one-bedroom apartment among the 23 leading European cities surveyed. At 2,300 euros per month, rent in Amsterdam was more than twice as high as in Brussels. Amsterdam was also the most expensive city to rent a private room.One of the main factors driving high rents across European cities is the same as any other consumer-driven business. If demand outweighs supply, prices will inflate. The drive for high paid professionals to be located centrally in prime locations, mixed with the low levels of available space, high land, and construction costs, all help keep rental prices increasing.

According to Cognitive Market Research, the global Liquid polybutadiene market size will be USD 451.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 167.17 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 131.02 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 108.43 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 17.17 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 18.07 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 9.94 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2033.
Adhesives and sealants are the fastest growing segment of the liquid polybutadiene market

Market Dynamics of Liquid polybutadiene Market

Key Drivers for Liquid polybutadiene Market

Rising demand from the automotive industry is driving liquid polybutadiene market growth

The increasing demand from the automotive industry is expected to drive future growth in the liquid polybutadiene Market. The automotive industry is a vast and diverse sector that includes the design, development, manufacturing, marketing, and sales of motor vehicles. Polybutadiene (BR) is a valuable material in the automotive industry due to its unique versatility, durability, and resilience. It is used in a variety of applications, including tyres, automotive seals and gaskets, vibration dampers, and suspension bushings. For instance, in May 2023, the European Automobile Manufacturers Association, a Belgian automobile manufacturers association, reported that global motor vehicle production reached 85.4 million units in 2022, a 5.7% increase from 2021. As a result, growing demand from the automotive industry is propelling the liquid polybutadiene Market

https://www.acea.auto/figure/world-motor-vehicle-production/

Increased use of polybutadiene in high-performance tyre production drives the liquid polybutadiene market growth

The increased use of polybutadiene in high-end tyre manufacturing has helped to drive the growth of the liquid polybutadiene market. Nearly 70% of global polybutadiene production is used in tyre manufacturing. Because of its low glass transition temperature, BR exhibits various properties after curing, including abrasion resistance, poor wet traction, and low rolling resistance. It is also commonly used in the sidewalls of truck tyres to improve abrasion and wear resistance. For instance, UBE Industries manufactures BR, which is used in tyres with superior physical properties such as rebound, tensile strength, heat buildup, and grades with excellent processability such as mixing, roll banding, and extrusion

Restraint Factor for the Liquid polybutadiene Market

Environmental Concerns in Housing and Construction Limit Market Growth

Despite the positive drivers, the LPBD market faces a significant challenge in the form of environmental concerns related to housing and construction applications. The evidence is found in increased awareness and regulations regarding the environmental impact of construction materials. Addressing these environmental concerns will be critical for LPBD to maintain its growth trajectory in the housing and construction sectors between 2025 and 2033. To overcome this constraint, innovations in environmentally friendly alternatives and sustainable construction practices are required

Market Trends in Liquid polybutadiene Market

Major players expand their polybutadiene (BR) production plants to meet rising demand

Major companies in the polybutadiene (BR) market are building production facilities to meet the growing demand for this versatile synthetic rubber. These production plants are critical in ensuring a consistent supply of polybuta...

The statistic shows the average inflation rate in Canada from 1987 to 2023, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year.

Inflation in Canada

In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate.

The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

Building Permits in the United States decreased to 1459 Thousand in February from 1473 Thousand in January of 2025. This dataset provides the latest reported value for - United States Building Permits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic displays the office vacancy rate in London (UK) from 2006 to 2013 and a forecast thereof until 2019. Office vacancy rates are numerical calculations of all office space that is available to rent in any given market. The calculation is presented as percentage and it is the opposite to office occupancy rates. The office vacancy rate in London amounted to seven percent in 2013 (decrease from 10.2 percent in 2010) and it was projected to decrease further to 4.4 percent by 2019. Office vacancy rates are understood as one of the indicators, foretelling the future good or poor economic performance of the commercial sector in London. The lower the office vacancy rate, the better conditions for business, as companies have confidence in expanding and upgrading, and the market witnesses numerous new entries into the business. It is also interesting to juxtapose the projections for the leading European cities, such as for example the vacant office space in Frankfurt or office vacancies on the market in Paris, in view of the theory of global centers of business being interconnected and more similar to one another, than to the region they are located in.

Building materials made of copper had some of the highest price growth rates in the U.S. in December 2024 in comparison to the previous year. The growth rate of the cost of many construction materials was much lower than in 2023. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to the inflation trends in the U.S. at that time, the price growth rate of construction materials in the UK were generally lower 2023 than in 2022. Nevertheless, the cost of some construction materials in the UK still soared that year, with several of those items reaching price growth rates of over 10 or even of over 14 percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.