The global air barrier market value will exceed US$ 16,932.8 million by 2022 end, owing to the industry’s much anticipated shift from traditionally preferred gypsum board to sustainably superior spray foam. According to a recent research study conducted by Future Market Insights (FMI), the overall growth of the air barrier market will be moderate during the forecast period of 2022-2029.
Increased installation of insulation systems is driving demand for air barriers in the residential building sector in particular. However, demand in the commercial and industrial sectors will rise significantly in the coming years. According to the report, this increase in demand is due to the increasing stringency of regulations and the industrial building code of conduct.
Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air barrier market, players have started focusing on the development of novel techniques and methods that are efficient, effective, and offer additional functionalities.
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Key Takeaways – Air Barrier Market Study
- Increasing stringent building codes & energy regulations are expected to have a positive impact on the long-term growth of the air barrier market.
- Energy resources are limited; every unit saved is equivalent to each unit produced, and this is where the role of efficient insulation materials comes into play.
- Several manufacturers of spray foam insulation have developed environmentally-sensitive, innovative solutions that reduce carbon footprint. Spray foam insulation is produced using non-HCFC gas as the foaming agent.
- For instance, Icynene offers a 100% water blown spray foam solution, i.e. without any synthetic blowing agents or ozone-depleting substances, hence, minimizing overall global warming potential (GWP).
- The market for eco-friendly and natural air barriers is anticipated to remain highly attractive during the forecast period. Insulation materials such as cellulose and fiberglass are preferred, owing to their higher recycled content and superior eco-friendly nature.
Market Landscape Remains Fairly Consolidated
The global air barrier market is a fairly consolidated competition landscape, with a limited number of players dominating nearly the entire air barrier manufacturing and supply scenario. High price point associated with raw materials, high manufacturing costs, and established foothold of existing manufacturing companies would continue to pose major challenges in front of potential new entrants in the global air barrier market.
Smaller players operating in the air barrier landscape, on the other side, will continue to invest in organic growth strategies such as acquisitions, collaborations, and joint ventures. One of the globally leading players in air barrier market that have been profiled in the report includes Owens Corning that currently accounts for more than 18% of the total market share.
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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, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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