Press release
Vapour Barrier Market Expansion: Key Drivers Include Sustainability Awareness and Stringent Building Regulations
Vapour Barrier Market
The market is expected to be driven by the rising demand for energy-efficient buildings, particularly in developed countries. In addition, increasing awareness about the benefits of vapour barriers in preventing moisture damage and improving indoor air quality is driving demand. Moreover, the growing construction industry in emerging economies is also expected to boost the demand for vapour barriers.
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There are several opportunities for players in the vapour barrier industry. The increasing demand for eco-friendly and sustainable building materials presents a significant growth opportunity. Additionally, the adoption of advanced technologies such as smart sensors and artificial intelligence in vapour barrier manufacturing and installation also presents an opportunity for growth.
The vapour barrier industry is witnessing several latest trends that are shaping the industry's future. One of the key trends in the adoption of green materials is vapour barrier manufacturing, as companies seek to reduce their carbon footprint. Another trend is the growing popularity of vapour barriers for retrofit applications, as building owners seek to improve energy efficiency and reduce operating costs.
The increasing use of vapour barriers in the industrial sector, particularly in the food and beverage and pharmaceutical industries, is expected to drive market growth in the coming years.
Key Takeaways from the Vapour Barrier Market:
- In 2035, the United States held a 4.6% CAGR of the global market for vapour barriers.
- Through 2035, South Korea's demand for vapour barriers is anticipated to expand at a CAGR of 4.9%.
- The demand for vapour barriers is increasing significantly in Japan with a CAGR of 4.5% during the predicted period.
- Construction's residential sub-segment is dominating the sector.
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How Players are Revolutionizing the Industry with Their Unique Innovative Strategies?
The vapour barrier market is highly competitive, with several established players dominating the industry. The competition in the market is primarily based on factors such as product quality, price, and distribution network. The key players in the market include companies such as
- Saint Gobain
- The Dow Chemical Company
- Sika AG
- Bostik
- Carlisle Companies
- Soprema
- 3M
- DuPont de Nemours, Inc.
- W. R. Meadows, Inc.
- Johns Manville
- Laticrete International Inc.
- Knauf Insulation
- Kingspan Group
- Boral Limited
- BASF SE
- MITSUBISHI GAS CHEMICAL COMPANY, INC
- GCP Applied Technologies Inc.
- Kemper System Ltd.
- The Sherwin-Williams Company
- Weyerhaeuser Company
To maintain their market leadership, prominent companies are working on producing novel products that provide superior performance while being cost-effective. They are also investing in expanding their distribution networks to reach a large audience.
Companies are also focused on strategic alliances and cooperation with other market participants to increase their position. The adoption of green and sustainable construction methods is the most recent market trend. This has resulted in the creation of environment-friendly vapour barriers constructed from recyclable materials and with a small carbon footprint.
Players in the market are focusing on the development of smart vapour barriers that can monitor and regulate humidity levels in buildings. This is expected to drive the demand for vapour barriers in the future.
Key Developments in the Market:
- In 2019, GAF introduced a new line of polyiso insulation and vapour barrier products that are designed to improve the energy efficiency of commercial buildings.
- In 2020, Johns Manville announced the launch of its new line of Formaldehyde-freeTM insulation and vapour barrier products. The new products are made from recycled materials and are designed to improve indoor air quality.
- In 2021, DuPont announced the launch of its Tyvek® Fluid Applied WB+TM system, a vapour barrier solution that offers improved durability and reduced air leakage for commercial and residential construction projects.
General & Advanced Materials: https://www.futuremarketinsights.com/industry-analysis/general-and-advanced-materials
Vapour Barrier Market Segmentation
By Material:
- Glass
- Sheet Metal
- Polymer
- Polyethylene
- Rubber
- Extruded Polystyrene
- Membranes
- Asphalt & Bitumen
- Gypsum Board
- Drywall/Board Lumber
- Plywood
- Concrete/Brick
By Type:
- Membranes
- Sheet
- Fluid
- Peel & Stick
- Films
- Coatings
- Liquid
- Aerosol/Spray Based
- Cementitious Water Proofing
- Stacking & Filling
By Application:
- Corrosion Resistance
- Insulation
- Air Insulation
- Sound Insulation
- Thermal Insulation
- Water Proofing
- Grade 1
- Grade 2
- Grade 3
- Material Packaging & Stacking
- Microbial & Fungal Resistance
By End Use:
- Construction
- Residential Buildings
- Commercial Buildings
- Industrial Facilities
- Car parks & Underground Basements
- Packaging
- Automotive
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa
Related Reports:
HVAC Insulation Market: https://www.futuremarketinsights.com/reports/hvac-insulation-market
Borosilicate Glass Market: https://www.futuremarketinsights.com/reports/borosilicate-glass-market
High Carbon Bearing Steel Market: https://www.futuremarketinsights.com/reports/high-carbon-bearing-steel-market
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