North America Vapour Barrier Market Outlook
According to a new report by Expert Market Research titled, “North America Vapour Barrier Market Size, Share, Report and Forecast 2024-2032″, the North America vapour barrier market reached a value of USD 1836.88 million in 2023. Aided by the growth of construction industry and increased government spending on public infrastructure, the market is projected to further grow at a CAGR of 3.5% between 2024 and 2032.
Vapour barriers, often referred to as vapour retarders, are materials primarily designed to prevent the diffusion of moisture through ceilings, walls, and floors of structures. These barriers are quintessential for mitigating the risk of mould growth, wood rot, and insulation degradation. Their integral role in preserving the structural integrity of buildings and ensuring enhanced energy efficiency is evident in their widespread application across North America.
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One of the significant North America vapour barrier market trends is the rising emphasis on energy-efficient buildings. These barriers play a pivotal role in ensuring buildings remain airtight, which directly translates to energy savings, lower heating and cooling costs, and consequently, a reduction in greenhouse gas emissions. As a result, the market witnesses a robust demand.
The North America vapour barrier market growth is driven by the evolution of material science and technology related to these barriers. Modern-day vapour barriers are more resilient, flexible, and adaptive to a diverse range of climatic conditions. The proliferation of such advanced materials, particularly in the burgeoning housing sectors of regions like the US and Canada, acts as a growth factor for market expansion.
An in-depth North America vapour barrier market analysis reveals a growing demand due to the intrinsic nature of climatic conditions in the region. Areas with seasonal variations require structures to be equipped with efficient vapour barriers to counteract the potential damage from moisture accumulation, ensuring a longer lifespan of buildings and enhanced comfort for inhabitants.
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The North America vapour barrier market demand is bolstered by the evolution of contemporary architectural designs and smart homes. As more structures boast intricate designs, expansive glass facades, and integrated tech solutions, the significance of vapour barriers in maintaining ideal indoor conditions intensifies. These barriers ensure that advanced HVAC systems perform optimally, creating a perfect synergy between structural protection and modern living.
North America Vapour Barrier Market Segmentation
The market can be divided based on membrane type, application, end use, and country.
Market Breakup by Membrane Type
- Sheet Applied
- Fluid Applied
Market Breakup by Application
- Masonry
- Gypsum Board
- Glass
- Plywood
- Others
Market Breakup by End Use
- Residential
- Commercial
- Public Infrastructure
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America vapour barrier market. Some of the major players explored in the report by Expert Market Research are as follows:
- RPM International Inc.
- BASF SE
- DU Pont de Nemours, Inc.
- WR Meadows, Inc.
- Carlisle Companies Inc.
- Mark Beamish Waterproofing
- SOPREMA, Inc.
- Henry Company
- Dryspace, Inc
- 3M
- Others
Related Reports:
North America Air Barrier Market
North America Weather Barrier Market
North America Household Care Market
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