Specialty Breathable Membranes Market worth $1,145 Million by 2026 | Key players Mitsui Chemicals, Toray Industries, Berry Global Group, RKW Group, Covestro

According to recent market research "Specialty Breathable Membranes Market by Type (Polyurethane, PTFE, Thermoplastic Polyester, Thermoplastic Elastomers, Polyesther Block Amide, Copolyamide), Application (Healthcare/Medical, Textile), and Region - Global Forecast to 2026", The breathable membrane market size is estimated to be USD 849 Million in 2021 and is projected to reach USD 1,145 Million by 2026, at a CAGR of 6.2%.Factors such as increasing penetration of hygiene, and healthy growth of healthcare, and medical industry across the globe support for the market growth. Moreover, the significant growth of the textile, and building & construction industry in developing countries are driving the breathable membranes market.

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The polyurethane-based breathable membrane is the dominant segment in the overall specialty breathable membrane market. The major application of polyurethane breathable membrane is in hygiene products such as baby diapers, and medical and healthcare products. These are made using a new coating technique that allows for the development of a consistent microstructure. This guarantees that the waterproofness level remains consistent even after numerous washing. They breathe by absorbing and dispersing sweat via water vapour molecules diffusing over the solid structure.

Increasing use of hygiene products in emerging countries such as China, India, and Southeast Asian countries (including Thailand, Indonesia, Malaysia, the Philippines, and Vietnam) is driving the breathable membranes market. Rise in awareness and growing per capita GDP are expected to drive the breathable membranes market in these countries. An increase in the old age population is expected to drive the breathable membranes market in the adult incontinence sector in developed countries such as Japan, the US, Canada, Germany, and Italy. Moreover, due to COVID-19 pandemic, massive increase in the production of the facemask, surgical drapes, surgical gown, PPE kits and other goods supports for the growth of the specialty breathable membranes market.

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The breathable membrane market size is estimated to be USD 849 Million in 2021 and is projected to reach USD 1,145 Million by 2026, at a CAGR of 6.2%. Breathability of a membranes is defined as the ability of a membranes to transmit moisture through it. Breathability of membranes is measured in terms of the Moisture Vapor Transmission Rate (MVTR), which measures the transmission of vapors through a material in a given period of time. It is an important requirement in many industries where moisture can cause damage. Industries such as food packaging, pharmaceuticals, building materials, and consumer goods use breathable membranes to control the amount of moisture. Breathable membranes are also termed as breathable films.

The demand for breathable membranes is mainly catered to by global players manufacturing these coatings for various end-use industries. Some of the leading companies involved in the manufacturing of breathable membranes are Covestro AG (Germany), Arkema S.A. (France), Toray Industries (Japan), Berry Global Group (US), Schweitzer-Mauduit International, Inc. (US), and RKW Group (Germany). These companies, along with other regional companies, cater to the demand for breathable membranes globally.
Owing to the COVID-19 pandemic, there has been a mixed impact on the Breathable membranes market on the globe. Various industries such as textile and building construction, have witnessed significant slump.

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Arkema manufactures specialty chemicals and advanced materials. The company has 144 production plants across Europe, North America, and Asia. It offers its breathable membranes product through the industrial chemicals segment. The company caters for the need of various end-user industries through its products included construction, sports, medical, industrial strength, and others. The company has 15 R&D centers, of which seven are in France; four in the US; two in China; one in Japan, and one in South Korea. It also sells its products directly to manufacturing companies and retail customers. Such strong manufacturing and distribution capabilities show its extensive scope and provide it with a substantial competitive advantage.

Covestro strategizes to build on the foundation and grow in line with the relevant market segments. Recently, the company has made high investments in R&D and production facilities and now plans to focus on improving its organic growth strategies. It plans to adopt a new, different organizational model and undertake advantageous acquisitions soon. Also, the company’s strategy to reduce operational costs and complexity in its organizational model is advantageous to its market position. The cutting down of management layers has helped the company to reduce costs.

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