Air Barrier Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Coating and Membrane), Type (Vapor Permeable and Vapor Impermeable), and Application (Residential, Commercial, and Industrial)

The scope of our recent study titled ""Air Barrier Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Category, Type, and Application"" includes the description of factors fueling the market growth, estimation and forecast of revenue, identification of significant market players, and their key developments, along with market share analysis.

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The air barrier market size was valued at US$ 15,924.68 million in 2022 and is projected to reach US$ 20,752.35 million by 2028. It is expected to grow at a CAGR of 4.5% from 2022 to 2028.

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In building projects, air barrier systems offer various benefits, including increased interior comfort, durability, and energy efficiency. Hence, these systems are suitable for various applications in varied climatic conditions. Air barriers help reduce air leakage to acceptable levels. They are typically regulated through energy codes, which recognize the importance of airtight buildings and energy efficiency. Rain-resistant air barriers are highly used in regions where rain is a constant companion. These factors are anticipated to drive market growth in the future.

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The air barrier market is segmented on the basis of category, type, and application. Based on application, the air barrier market is segmented into residential, commercial, and industrial. In 2021, the residential segment held the largest market share. Air barriers are commonly used as house wrap around its exterior during construction. These factors are anticipated to drive the market for the segment during the forecast period.

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Based on geography, the air barrier market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). Asia Pacific accounted for the largest share of the market. The significantly growing demand for air barriers in the region is attributed to the presence of a strong industrial base, making this region the workshop of the world. Also, as pollution increases in the region, air barriers will become a necessity, thereby driving its market expansion. Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific are the key contributors to the air barrier market in Asia Pacific. The Indian government is keen on the major remodeling of public infrastructure and further expansion of development of the construction sector in the country. Alongside this, profit-bearing growth strategies and product innovations by many key players are projected to boost the sales of air barriers over the forecast period. Moreover, the significantly growing demand for air barriers in the region is attributed to the presence of a strong industrial base that is making this region the workshop of the world. As regional pollution increases, air barriers will become essential in these areas. Awareness about personal care is growing among people, and as COVID-19 has hit these areas quite badly, these two factors boost growth for this market in the future.

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Impact of COVID-19 Pandemic on Air Barrier Market

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During the COVID-19 pandemic, disruptions in manufacturing, research and development activities, and raw material sourcing operations hampered the air barrier market growth in the initial phase of the pandemic. The chemicals & materials industry suffered serious disruptions in supply chains, along with the shutdowns of production plants, in the initial phases of the pandemic, which hampered their manufacturing outcomes, delivery schedules, and goods sales. Various companies announced possible delays in product deliveries and a slump in the future sales of their products in 2020.

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Air Barrier Market Breakdown - by Region

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The report segments the air barrier market as follows:

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The air barrier market is segmented into category, type, and application. Based on category, the market is segmented into coating and membrane. Based on type, the air barrier market is segmented into vapor permeable and vapor impermeable. By application, the market is segmented into commercial, industrial, and residential. Geographically, the air barrier market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM).

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