North America Air Barrier Market Analysis (COVID-19 Analysis) - Industry Drivers, Trends, Analysis, Forecast and Opportunities to 2028

The North America air barrier market is expected to grow from US$ 3.839 billion in 2022 to US$ 5.009 billion by 2028. It is estimated to grow at a CAGR of 4.5% from 2022 to 2028.North America Air Barrier

Air leakage in homes can increase heating and cooling costs, cause moisture damage in walls, allow pollutants and debris to collect in wall interiors, and provide openings for insects and rodents to enter. To avoid this, air barriers are highly used in residential construction. The market for this segment is driven by an increase in government spending on residential construction and a rise in demand for new homes and building improvements.

The new government spending from the Infrastructure Bill and budget earmarks to encourage energy-efficient construction is powering additional demand for residential projects. In addition, the pandemic created a demand for housing in areas away from crowded cities, and many homebound workers decided to invest in home improvement projects. The 3.8 million units are needed to not only meet the demand from the growing number of households but also to maintain a target vacancy rate of 13%, which is boosting the residential construction sector is driving the demand for air barriers which in turn is boosting the North America air barrier market.

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Key players dominating the North America air barrier market are 3M Co; BASF SE; Carlisle Companies Inc; Dow Inc; GCP Applied Technologies Inc; General Electric Co; Henry Co; TK Products Construction Coating; VaproShield LLC; and W. R. Meadows Inc, among others.
• In 2020, GCP Applied Technologies Inc added two products to its air barrier portfolio: PERM-A-BARRIER VPL 50RS and PERM-A-BARRIER VPS 30 membranes.

Proper air sealing helps reduce uncomfortable temperature fluctuations. Air barrier systems help prevent the loss of conditioned air. They also help keep out pollutants such as suspended particulates, dust, allergens, insects, odors, and noise. Mold commonly occurs in buildings where moist air accumulates on vulnerable wall components, including insulation, exterior sheathing, or interior wall boards. This may adversely impact indoor air quality and occupant health. Air leakage is the main cause of moisture intrusion, setting up the conditions for mold growth.

A properly installed, continuous air barrier helps minimize this leakage and dramatically reduces moisture intrusion through wall structures, decreasing mold growth. Moreover, air barriers help in energy savings. Further, air barriers can increase the value of commercial buildings by reducing operating costs. Hence, various advantages of the usage of air barriers result in their greater adoption in the residential, commercial, and industrial sectors, driving the North America air barrier market.

On the contrary, lack of presence of skilled labour hurdles the growth of North America air barrier market.
• Based on category, the North America air barrier market is segmented into coating and membrane segment. The coating segment held 66.1% market share in 2022, amassing US$ 2,537.40 million. It is projected to garner US$ 3,364.49 million by 2028 to expand at 4.8% CAGR during 2022-2028.
• Based on type, the North America air barrier market is segmented into vapor permeable and vapor impermeable. The vapor impermeable segment held 58.2% market share in 2022, amassing US$ 2,234.22 million. It is projected to garner US$ 2,873.22 million by 2028 to expand at 4.3% CAGR during 2022-2028.
• Based on application, the North America air barrier market is segmented into residential, commercial, and industrial. The residential segment held 43.6% market share in 2022, amassing US$ 1,674.63 million. It is projected to garner US$ 2,237.74 million by 2028 to expand at 4.9% CAGR during 2022-2028.
• Based on country, the North America air barrier market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 85.2% market share in 2022. It was assessed at US$ 3,269.13 million in 2022 and is likely to hit US$ 4,283.48 million by 2028, exhibiting a CAGR of 3.9% during the forecast period.

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The "North America Air Barrier Market" forecast 2028 report analyses the present and future competitive scenario of the analytics industry. North America Air Barrier Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.

Market Analysis and Insights: North America Air Barrier Market
North America Air Barrier Market report elaborates the market size, market characteristics, and market growth of the North America Air Barrier industry, and breaks down according to the type, application, and consumption space of North America Air Barrier. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.

Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the North America Air Barrier industry size by 2028?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the North America Air Barrier market?
• -How can the North America Air Barrier market change in the upcoming years?
• -Which product and application will take a share of the North America Air Barrier market?
• -What will be the CAGR and size of the North America Air Barrier market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming North America Air Barrier market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be North America Air Barrier industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?

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