Vapour barrier sales are anticipated to steadily increase in the years to come, driven mostly by the building and construction sector’s continued demand. According to a recent Future Market Insights (FMI) analysis, the global vapour barriers market will grow at a CAGR of roughly 4.4% from 2022 to 2029.
Vapour barriers are crucial because they completely insulate building structures from vapour and moisture, protecting even the most durable of buildings from the harm that might result from water condensation. Vapour barriers are used to maximize the effectiveness of a space conditioning system, which increases demand for them throughout the building sector.
Heavy usage of vapour barriers in commercial and residential buildings to prevent moisture damage to infrastructure is anticipated to be the primary growth driver. However, increasing utilization of vapour barriers in the packaging industry to prevent moisture damage and interstitial condensation in packed goods opens new growth avenues for industry players.
Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3084
Key Takeaways – Vapour Barrier Market Study
- Over the period of projection, building infrastructure, whether private/public or commercial/residential, will be based on green building concepts to strike a fine balance of environmental sustainability and modern amenities. As a result, the demand for vapour barriers is projected to significantly spur over the forecast period.
- Polymer materials segment to retain its spot as a prominently preferred material followed by asphalt & bitumen, whereas drywall board lumber and gypsum board projected to observe growth at a swift pace in the market.
- Membrane type vapour barriers are expected to register a dominating share due to their easy installation. However, the popularity of the coating segment is increasing across the globe in recent years due to its enhanced moisture resistance.
- To meet stringent manufacturing rules and regulations, manufacturers are trying to increase the use of materials with high recyclability and decent biodegradability index. Also, due to new norms for VOC emissions, many manufacturers are looking to revamp their manufacturing process in order to minimize these emissions.
How is Vapour Barrier Market Structure Defined?
The market of vapour barrier is highly competitive due to decent presence of tier 1 players in the market. Though tier 1 market players have a considerable hold on market share, numerous small-scale and regional players exist in the market. Manufactures like The Dow Chemical Company and Saint Gobain, along with other organised and leading manufactures hold more than half of the market pie.
Get 30% Discount, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-3084
More About What the Report Covers
Future Market Insights (FMI), published a thorough research analysis in its report for global vapour barrier market, offering information regarding historical developments from 2014-2021 and forecast projections and opportunity assessments on the basis of analysis for future scope and ongoing tends in the global market. The research study offers opportunity roadmap and market projections across the globe based on various categories such as material (glass, sheet metal, polymer, asphalt & bitumen, gypsum board, drywall/board lumber, plywood, concrete/brick), type (membranes, coatings, cementitious water proofing, and stacking & filling), site (external, internal), application (corrosion resistance, insulation, air insulation, sound insulation, thermal insulation, water proofing, material packaging & stacking, microbial & fungal resistance), end use (construction, packaging, automotive), and region (North America, Latin America, Europe, MEA, South Asia, East Asia, and Oceania).
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