Breathable Membranes Market Trends: Significant Insights on Market Size, Segments, and Growth Drivers in a $3.13 Billion Industry

The new report published by The Business Research Company, titled "Breathable Membranes Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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 .

Contents of the report:
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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