Breathable Membranes Market Growth And Overview Report 2024-2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Breathable Membranes Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.13 billion In 2028 At A CAGR Of 12.7%.
The breathable membranes market size has grown rapidly in recent years. It will grow from $1.71 billion in 2023 to $1.94 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to construction industry growth, rising awareness of sustainable construction, increased focus on energy-efficient buildings, rise in timber frame construction, demand for waterproofing solutions, prevalence of cold and damp climates..
The breathable membranes market size is expected to see rapid growth in the next few years. It will grow to $3.13 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to global emphasis on green building standards, rising demand for prefabricated construction, innovation in fire-resistant membranes, focus on moisture management in buildings, expansion of commercial construction.. Major trends in the forecast period include advancements in material technologies, digitalization and building information modeling, innovation in multifunctional membranes, adoption in agriculture, integration with smart building technologies..
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Breathable Membranes Market Major Segments
The breathable membranes market covered in this report is segmented -
1) By Type: Polyethylene (PE), Polypropylene (PP), Other Type
2) By Application: Pitched Roofs, Walls
3) By End Use: Residential, Non-Residential
Key Driver - Breathable Membranes Market Set To Soar As Building And Construction Industry Continues To Grow
The increasing growth of the building and construction industry is expected to propel the breathable membranes market going forward. Breathable membranes are used in building and construction to improve the thermal efficiency of a building's external envelope and to provide temporary protection from the weather during construction or repair activities. Additionally, breathable membranes provide buildings to breathe out moisture rather than sit inside the walls and cause dampness and mold issues. For instance, in 2022, according to Office for National Statistics (ONS), a UK-based national statistical institute, the UK's construction output was 4.0%, constituting £575 million ($603.4 million) in September 2022, which was above the February 2020 pre-COVID-19 (COVID-19) pandemic level. Furthermore, in June 2021, according to a report published by Statistic Canada, a Canada-based national statistical agency, the investment in building construction increased from $14,294 million in April 2019 to $19,273 million in April 2021. Thus, the increasing growth of the building and construction industry is driving breathable membranes.
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Prominent Trend - New Standards In Breathable Membranes Market
Technological advancement is a key trend in the breathable membranes market. Major companies operating in the market are advancing toward developing protection technology to strengthen their position. For instance, in October 2022, Polartec, a US-based provider of innovative and sustainable textile solutions, launched bio-based Power Shield fabric technology to offer protection by using plant-based chemicals. Its waterproof technology is based on sustainability and is PFAS-free. Polartec Power Shield has a monolithic membrane constructed using a combination of PFAS-free, plant-based ingredients to provide stretch comfort, long-lasting breathability, high durability, and waterproof and windproof properties to offer exceptional protection. Furthermore, it can be used to provide a durable barrier against external rain and snow.
Breathable Membranes Market Players
Major companies operating in the breathable membranes market report are DuPont de Nemours Inc, Dörken Coatings GmbH & Co, Soprema Group, General Aniline & FilmMaterials Corporation, Compagnie de Saint-Gobain S.A, Kingspan Group plc, Riwega S.r.l, Klober ltd., Knauf Insulation, PIL Membranes Ltd, Dow Chemical Company, Exxon Mobil Corporation, Badische Anilin- und Sodafabrik, Carlisle Companies Incorporated, Johns Manville, Sika Group, Firestone Building Products, Covestro AG, Arkema S.A., Toray Industries, Berry Global Group, Schweitzer-Mauduit International Inc., Saint-Gobain S.A., Cosella-Dörken Products Inc., Kingspan Group, IKO Industries Ltd., Nitto Denko Corporation, Clopay Plastic Products Company Inc., Fiberweb (India) Ltd., Mitsui Chemicals Inc., Trioplast Industrier AB, Valmet Corporation, W. L. Gore & Associates Inc., Zhejiang Jifa Enterprise Co. Ltd., Daedong .
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Largest And Fastest Growing Region In The Market
Europe was the largest region in the breathable membranes market in 2023. The regions covered in the breathable membranes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Breathable Membranes Market Report Structure
3. Breathable Membranes Market Trends And Strategies
4. Breathable Membranes Market - Macro Economic Scenario
5. Breathable Membranes Market Size And Growth
…..
27. Breathable Membranes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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