The latest market report published by Credence Research, Inc. “Global Vapour Barrier Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global vapour barrier market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 5.20% between 2023 and 2030. The market was valued at USD 10.9 billion in 2022 and is expected to reach USD 15.5 billion in 2030.
One of the primary drivers of the vapour barrier market is the necessity for vapour barriers in construction projects. Vapour barriers are crucial for preventing moisture intrusion and interstitial condensation in walls, foundations, floors, and roofs. They play a vital role in maintaining the integrity of buildings and preventing damage caused by mould, rot, or other issues related to moisture. The construction industry, both in terms of new constructions and the repair and rehabilitation of existing structures, significantly contributes to the demand for vapour barriers.
The growing demand for energy-efficient buildings and infrastructure is also propelling the market’s growth. As people become more environmentally conscious and seek ways to reduce energy consumption, the demand for energy-efficient construction materials and technologies, including vapour barriers, is increasing. Vapour barriers help improve insulation and reduce heat loss, leading to improved energy efficiency in buildings. This trend is driving the adoption of vapour barriers in various construction projects worldwide.
Key players in the global vapour barrier market include Carlisle Companies Inc., W.R. Meadows, Inc., 3M Company, DuPont de Nemours Inc., Stego Industries, LLC, RPM International Inc., BASF SE, RIMA International, Reflectix, Inc., Reef Industries Inc., UFP Industries Inc., BMI Icopal, Layfield Group Ltd., Visqueen Building Product, and others. These companies focus on product innovation, distribution channel expansion, and strategic mergers and acquisitions to maintain a competitive edge in the market.
India Vapour Barrier Market Key Growth Trends are indicative of the emerging opportunities and advancements in the construction industry within the country. With rapid urbanization and infrastructure development, there has been a significant surge in demand for modern building materials that offer enhanced thermal insulation and moisture protection. Vapour barriers have emerged as essential components in achieving sustainable and energy-efficient structures, which not only reduce heat loss during winters but also prevent condensation issues. The market is witnessing an increased adoption of advanced vapour barrier technologies, such as polyethylene sheets with high water vapor resistance or reflective aluminum foils that effectively reflect radiant heat.
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Vapour Barrier Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
- The report includes information on the competitive landscape, such as how the market’s top competitors operate at the global, regional, and country levels.
- Major nations in each region with their import/export statistics
- The global Vapour Barrier Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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