The new report by Expert Market Research titled, ‘North America Vapour Barrier Market Growth, Share, Size, Price, Report and Forecast 2023-2028’, gives an in-depth analysis of the North America vapour barrier market, assessing the market based on its segments like membrane types, applications, end uses, and major countries.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical CAGR (2018-2022): 3.4%
Barriers offer resistance to corrosion, proper insulation and keep the occupants away from moisture, from the residential and commercial construction sector. These properties are driving the market growth. Over the forecast period, the anticipated increase in development of public infrastructure in the United States of America and Canada, owing to the growing immigration and increasing population, is likely to propel the demand for vapour barriers.
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Moreover, the strong foothold of major vapour barrier manufacturers in the region owing to the high economic growth in the region is anticipated to offer lucrative opportunities to the market in the coming years.
North America Vapour Barrier Industry Definition and Major Segments
Vapour barrier is defined as a construction component which provides a barrier to a structure from moisture, water or water vapour, via air. These barriers can be divided into different classes depending upon the type of material used. The permeance rating of vapour barrier is usually 0.1 or less.
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On the basis of membrane type, the market can be segmented into:
- Sheet Applied
- Fluid Applied
Based on application, the market has been segmented into:
- Gypsum Board
The significant end-uses included in the market are as follows:
- Public Infrastructure
The major countries included in the North America vapour barrier are:
- United States of America
North America Vapour Barrier Market Trends
The key trends in the vapour barrier market in North America include the rapid development of industrial and institutional buildings owing to the growing expansion of the industrial and commercial sector. This is leading to an increased investments towards renovation of schools, malls, and healthcare units, among others. The growing efforts by the major product manufacturers aimed towards increasing the production capacity of these barriers in manufacturing plants are likely to be the crucial trends in the market.
Key Market Players
The major players in the market are RPM International Inc., BASF SE, DuPont de Nemours, Inc., WR Meadows, Inc., Carlisle Companies Inc., Mark Beamish Waterproofing, SOPREMA, Inc., Henry Company, Dryspace, Inc, and 3M, among others. 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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