The ‘North America Vapour Barrier Market Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the North America vapour barrier market, assessing the market on the basis of its segments like membrane type, application, end use, and country.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
North America Vapour Barrier Market Price, Size, Share, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical CAGR (2023-2028): 3.4%
The North America vapour barrier market is observing rapid growth owing to the growing construction industry in the region, with development of an increasing number of commercial and residential buildings. Governments in the region are increasing their investments in public infrastructure which is another major factor contributing to the growth of the market in North America. In United States, weather resistant barriers such as vapour barriers and house wraps are commonly used in the construction of new homes. Vapour barriers are also increasingly being applied on residential buildings undergoing remodelling.
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Capabilities of vapour barriers in preventing moisture infiltration which can cause deterioration of building surfaces and undermine structural integrity is a major factor fuelling the growth of the market. Other properties of vapour barriers such as permeance rating of 0.1 perm or less are enabling increased protection against transmissions of vapours.
Rising demand for vapour barriers in order to prevent damage to commercial buildings and public infrastructure from moisture is a major factor fuelling the growth of North America vapour barrier market. Increasing construction activities owing to the expansion of buildings in the commercial and residential sectors in North America is increasing the use and demand for vapour barriers in the region. The prevalence of rain and snow in several regions are further increasing the demand for vapour barriers.
North America Vapour Barrier Industry Definition and Major Segments
A vapour barrier, also known as vapour retarder, is a type of weather resistant barrier, used for damp proofing in order to avoid interstitial condensation in walls, foundations, floors, and roofs. They are used to prevent water vapour from entering or seeping into the exposed areas of buildings so as to avoid condensation which can cause the formation of mould, rot, or other types of damage.
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Based on membrane type, the market is bifurcated into:
- Sheet Applied
- Fluid Applied
On the basis of application, the market is classified into:
- Gypsum Board
Based on end use, the market is divided into:
- Public Infrastructure
On the basis of country, the market is segmented into:
- United States of America
North America Vapour Barrier Market Trends
The key trends in the North America vapour barrier market include the increasing urbanisation and population growth which is subjected to increase the demand for residential buildings in the region. Rise in disposable income has further enhanced the demand for luxurious and comfortable buildings, increasing the demand for vapour barriers. Moisture infiltration is known to deteriorate the lifespan of exterior surfaces, damaging the paint and risking development of rot, due to which the demand for weather resistant barriers including vapour barriers has risen in recent times.
Fluid applied membrane types are a growing trend in the North America vapour barrier market due to their ease of application. For older constructions, vapour barriers are an effective way to improve the protection of buildings at a lower cost. As excessive vapours and moisture can lead to the need of replacing roofs entirely, more end users are seeking preventive measures that are cost effective, thereby supporting the vapour barrier market.
Increasing awareness among people regarding the health disadvantages of moisture seepage is also aiding the North America vapour barrier market. Rotting and moulding of the building materials can cause health hazards to people residing in such buildings or environments, increasing the use of vapour barriers during construction. Advancements in construction and building techniques and products such as use of vapour barriers to avoid condensation within the wall are contributing to the growth of the market.
Key Market Players
The major players in the North America vapour barrier market report are:
- RPM International Inc.
- BASF SE
- DU Pont
- WR Meadows, Inc.
- Carlisle Companies Inc.
- Mark Beamish Waterproofing
- SOPREMA, Inc.
- Henry Company
- Dryspace, Inc
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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