New York, Sept. 17, 2020 (GLOBE NEWSWIRE) -- The Global Breathable Membranes Market is projected to reach USD 3,107.8 Million in 2027. The breathable membranes market is experiencing rapid growth attributed to the increasing use of products such as polyethylene (PE), polyurethane (PU), and polypropylene (PP) in the application, including walls and pitched roofs. The benefits provided by the increased demand for high quality atmospherically sealed membranes and increased technological experience in many construction procedures are projected to drive the breathable membranes market growth.
Supportive regulatory policies for the development of energy-efficient structures is a significant factor driving the market demand. In the UK, around 45.0% of the carbon dioxide is emitted from buildings, thereby urging the changes in regulatory policies pertaining to buildings' energy performance. The Building Regulations laid down stricter energy performance standards on buildings, pushing construction developers and architects to turn their attention to air barrier membranes, a cost-effective way to stop leaking of air.
However, fluctuations in the price of raw materials and slow growth in the construction industry in Europe, especially Western Europe, may create hindrances in the growth of the breathable membranes market in the forecast period.
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The COVID-19 impact:
The pandemic of COVID-19 would possibly threaten the development of the breathable membranes industry to some degree. Significant players in the industry are wary of the future of the market and are seeking to reinvent their growth plans. The pandemic is having considerable impact on the construction sector, and most of the major players were forced to stop their activities, which, in turn, has impacted the demand for breathable membranes. The international trading, export, and importation of COVID-19 have been significantly affected, and therefore demand has also degraded in the industry. In the face of these grim times, this pandemic still offers a chance for development in the sector as people are more aware of the health and safety aspects. The average disposable income of individuals is likely to be reduced, and manufacturers will try to find innovative solutions that can meet customer requirements at a much lower cost.
Further key findings from the report suggest
- Breathable membranes are estimated to witness rapid demand due to the growth of the construction industry. The market is driven by raising awareness of building materials safeguarding against additional moisture damage and UV radiation.
- The application for the pitched roof, in terms of revenue, held the largest breathable membranes market share in 2019. European countries' energy consumption minimization regulations have urged the development of more energy-efficient building and new technologies.
- Polyethylene (PE)-based breathable membranes are likely to grow at the fastest growth rate in the forecast period. The demand for PE membranes is fueled by superior properties of PE, such as extended protection from UV radiation and enhanced water resistance.
- Europe, in terms of revenue, led by Western Europe, accounted for the largest breathable membranes market share in 2019. Strict energy-efficiency building codes is a significant factor driving the market demand in the region. Norway is the fastest-growing market in Europe for breathable membranes.
- Key players in the market include Cosella-Dorken, Saint Gobain SA, I. du Pont de Nemours and Company, Soprema, GAF Material Corporation, Klober, Kingspan Group PLC, RKW Group, Mitsui Chemicals Inc., and Arkema Group, among others.
- In December 2019, Dupont acquired Desalitech Ltd. This acquisition helps Dupont's to propel growth development via access to new manufacturing possibilities, technologies, and geographies.
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For the purpose of this report, Reports and Data has segmented the global Breathable Membranes Market on the basis of Product, Manufacturing Process, Application, and region:
Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Polyethylene (PE)
- Polyurethane (PU)
- Polypropylene (PP)
- Others
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Walls
- Pitched Roof
- Others
Distribution Channel Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Online
- Offline
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Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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