With sales expected to increase at an average CAGR of 4.6% from 2022 to 2029, the worldwide air barrier market is expected to reach a value of US$ 23136.2 Mn in 2029. The target market is expected to increase from a worth of US$ 16146.7 Mn in 2021 to an anticipated US$ 16932.8 Mn by the end of 2022. During the projection period, the air barrier market will rise as a result of stringent building codes and energy requirements, rising demand from the residential and industrial sectors, and other factors.
The market for air barriers is primarily driven by growth in the construction sector and ongoing economic development in a number of nations. Buildings need air barrier systems because of the continual rise in demand for useful and energy-efficient constructions. Additionally, sustainability drives further aid the target market growth as strict environmental regulations and building standards are imposed in order to achieve sustainability targets, which results in the expansion of the target market prospects.
The implementation of more stringent building standards and energy requirements, as well as a growing need for environmentally friendly insulation and barriers, will increase both the supply and demand of this material across all of its potential applications.
Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-10868
A number of manufacturers have also shifted their attention to the use and advancement of manufacturing techniques in order to guarantee the production of environmentally friendly insulating materials as a result of the increased emphasis on sustainability. As a result, the market for natural and environmentally friendly insulation will probably continue to be very tempting for the air barrier industry over the course of the forecast.
Key Takeaways:
- China’s air barriers market will generate an incremental opportunity of US$ 336.1 Mn by 2029.
- The air barriers market in the U.S. will hold 84.4% of the North American market share in 2029.
- The gypsum air barriers segment will expand at 4.1% CAGR during 2022-2029.
- By end-use, the residential segment will dominate the market, creating an opportunity of US$ 1710.8 Mn.
- Based on application, the insulation segment will acquire over 13.7% of the overall market share during the assessment period.
Competitive Landscape
BASF SE, DuPont de Nemours, Inc., Owens Corning, Coromandel International Limited, SOPREMA, Compagnie de Saint-Gobain S.A., Carlisle Companies, Atlas Roofing Corporation, GCP Applied Technologies, Firestone Building Products Company, LLC, Huber Engineered Woods LLC, GAF Materials Corporation, Johns Manville, W. R. Meadows, Inc., Norbord Inc., Sika AG, Bostik Inc., 3M Company, Knauf Insulation, Laticrete International Inc., The Sherwin Williams Company, Henry Company, Tremco Incorporated, Dryspace Inc., and Enershield Europe among others are some of the major players in the air barrier market profiled in the full version of the report.
Key market players are concentrating on releasing innovative products and enhancing operational efficiency. These businesses also employ tactics like mergers and acquisitions to increase their consumer base and strengthen their market position.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-10868
Air Barrier Markey by Category
By Product Type:
- Gypsum Board
- Drywall
- Plywood
- OSB (Oriented Strand Board)
- Spray Foam
- Fiberglass/Rockwool
- Cellulose
- Others
By Type:
- Membranes
- Coatings
- Stacking & Filling
By Site:
- External
- Internal
By Application:
- Corrosion Resistance
- Insulation
- Material Packaging & Stacking
- Microbial & Fungal Resistance
By End Use:
- Residential Buildings
- Commercial Buildings
- Industrial Facilities
- Car Parks & Underground Basements
- Military Buildings & Bunkers
- Green Houses
- Metal Buildings
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com