Europe Gas Barrier Membrane Market : growing with a CAGR of 4.3%, Size, share, Industry Trends, Future Growth, Market Worth, Challenges and Opportunities
The Europe gas barrier membrane market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 4.3% in the forecast period of 2023 to 2030 and is expected to reach USD 409,185.01 thousand by 2030. The major factors driving the market growth are an increase in the construction industry across European countries and a rise in government investments in new infrastructure projects.A gas barrier membrane is used in the construction of floors and in maintaining and conserving the properties of harmful ground gases such as radon, carbon-di-oxide, and methane. These are also used for gas separations in the oil and gas industry. In addition to this, they are also used in industries such as food and beverage, pharmaceutical, mining, and chemical processing. Gas barrier membranes are developed as a barrier against harmful gases emitted by contaminated land. Based on the mode of application, there are different varieties of gas barrier membranes such as radon gas barrier membranes, self-adhesive gas membranes, and liquid gas membranes. Among these, the radon gas barrier membrane is the widely used membrane.
The Europe gas barrier membrane market report provides details of market share, new developments, and the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Market Definition
A gas barrier membrane is a type of membrane technology developed as a barrier against harmful ground gases such as radon, carbon dioxide, and methane. These are widely used in floor construction and the protection of commercial and residential buildings. They are made up of polymers such as polyamide and cellulose acetate. Gas barriers provide multilayer protection and help to sustain the buildings from harmful gases emitted by the contaminated land. There are different types of gas barrier membranes used for different applications such as industrial, commercial, and residential. Gas barrier membranes have become a part of modern construction regulations and are used widely for floor construction and property protection.
Recent Development
In June, A. Proctor Group was awarded BBA certification for Radon 400 high-performance radon barrier membrane. In the year 2020, Newton Waterproofing was awarded National Building and Construction award. This award increased morale and improved the reputation of the organization by highlighting its achievements.
Europe Gas Barrier Membrane Market Scope
The Europe gas barrier membrane market is segmented into two notable segments based on product and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product
Radon Barrier Membranes
Self-Adhesive Gas Membranes
Liquid Gas Membranes
Others
Based on product, the market is segmented into radon barrier membranes, self-adhesive gas membranes, liquid gas membranes, and others.
Application
Industrial
Residential
Commercial
Based on application, the market is segmented into industrial, residential, and commercial.
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Competitive Landscape and Europe Gas Barrier Membrane Market Share Analysis
The Europe gas barrier membrane market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies' focus related to the market.
Some of the prominent participants operating in the Europe gas barrier membrane market are Delta Membranes, Industrial Textiles & Plastics Ltd, Permagard Products Limited, Monarflex sro, A. Proctor Group Ltd, Newton Waterproofing, RIW Ltd, CETCO, Gas Membrane Solutions Pty Ltd., BS SPECIALIST PRODUCTS, Berry Global Inc., and Cavity Trays Ltd among others.
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