According to a new report by Expert Market Research titled, ‘Global Air Barrier Market Report and Forecast 2020-2025′, the global air barrier market reached a value of almost USD 6.6 billion in 2019. It is projected to grow at a CAGR of 5.1% between 2020 and 2025 to reach a value of nearly USD 9.1 billion by 2025.
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The global air barrier market is driven by the increase in the demand for air barrier from the infrastructure and construction industries. The air barrier is applied to safeguard the building or any other structure from possible damages to the essential parts of the building like walls, roofs, and foundation, etc. It prevents the building from corrosion and chemical damage and helps maintain the integrity of the building and prolongs its life. Materials used in the product are such that they strengthen the building to endure harsh climates, thus, increasing the durability of the building. Airflow influences the behaviour of the building under fire, thermal energy, and the indoor air quality. Therefore, by controlling airflow by the use of the air barrier, the building receives the benefits of durability and integrity. Europe is the largest market for air barriers. It is followed by the Asia Pacific, North America, Latin America, and the Middle East and Africa as the other major markets of air barriers.
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Market Analysis by Membrane Types:
- Sheet Applied
- Fluid Applied
Market Analysis by Applications:
- Masonry
- Gypsum Board
- Glass
- Plywood
- Others
Market Analysis by End-Uses:
- Residential Building
- Commercial Building
- Public Infrastructure
Market Analysis by Region:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Competitive Landscape & Supplier Analysis:
- RPM International Inc.(NYSE: RPM)
- W. R. Meadows, Inc.
- Carlisle Companies Inc.(Carlisle Companies Inc)
- Mark Beamish Waterproofing
- SOPREMA
- Henry Company
- Dryspace, Inc
- DuPont de Nemours, Inc.
- BASF SE (OTCMKTS: BASFY)
- 3M Company (NYSE: MMM)
- Others
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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