Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- The "House Wraps: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for House Wraps estimated at US$5.5 Billion in the year 2022, is projected to reach a revised size of US$9.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
Non-Perforated House Wraps, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$7.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Perforated House Wraps segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.6% CAGR
The House Wraps market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$988.4 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.
Select Competitors (Total 86 Featured) -
- Alpha Pro Tech, Ltd.
- ANCI Inc.
- Berry Global, Inc.
- CertainTeed Corporation
- DuPont de Nemours, Inc.
- GCP Applied Technologies Inc.
- Henry Company
- INDEVCO North America, Inc.
- Intertape Polymer Group Inc.
- James Hardie Building Products, Inc.
- Kimberly-Clark Professional Ltd.
- Kingspan Insulation LLC
- Owens Corning
- Protecto Wrap Company
- RH Tamlyn & Sons LP
- Specialty Coating & Laminating, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 289 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.5 Billion |
| Forecasted Market Value (USD) by 2030 | $9.3 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Controlling Moisture is Key to Prolonging Building Durability & Life: This Basic Architectural Fact Provides the Cornerstone for the Growth of House Wraps
- Weather Resistive Barriers: An Indispensable Part of Modern Architecture
- Housewraps: A Homeowner and Building Operator's Best Defense Against Moisture Related Damages
- Global Economic Update
- World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
- War, Inflation & High Cost of Living Crisis Supersede COVID-19 as Major Downside Risks for the Global Economy in 2022 & Beyond
- Inflationary Pressures Affect Global Economy
- Russia-Ukraine War Impact
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Economic Volatility and Construction Market Dynamics Redesign Growth Patterns in Building Materials Market
- Global Construction Spending (in US$ Trillion) for the Years 2020-2028
- Planned Construction Projects as Bright Spot in 2023
- US Construction Outlook
- United States Housing Units Starts: 2015-2021 (Housing Units in Thousands)
- Competition
- House Wraps - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- House Wraps: Overview, Definition, Types, Importance & Benefits
- Types of House Wraps
- Key Considerations for Selecting an Appropriate House Wrap
- Careful Installation Critical to Achieve Results
- Benefits of House Wraps
- Market Outlook
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Extreme Climatic Conditions Offer a Strong Business Case for House Wraps
- Global Number of Extreme Weather Events for the Years 2000, 2005, 2010, 2015 and 2020
- Annual Number of Natural Disaster Events Globally from 2007 to 2021
- Implementation of New Building Energy Codes Set the Pace for Innovations in WRB Products Market
- Material Innovation Continues to Drive Market Growth
- A Peek into Select Advancements in Housewraps Market
- Advent of Flame-retardant Membranes in Modern House Wraps
- Self-Adhering Wraps all Set to Witness Wider Adoption
- Home Renovations & Need for Better Buildings for Post Pandemic Living to Spur Sales of Housewraps
- Residential Renovations to Regain Lost Momentum Post Pandemic
- Focus on Building Smarter Buildings as Emission Savers, Post Pandemic to Push Up Adoption of House Wraps
- Indoor Air Quality & House Wraps
- Drainable House Wraps: One of the Fastest Growing House Wraps by Type
- Steady Replacement of Solid Wood with Engineered Wood in Building Construction Shifts Focus on House Wraps
- Focus on Energy Efficiency & Adoption of Thermal Insulation to Magnify Importance of House Wraps
- Here's How House Wraps Help Protect the R-Value of Insulation
- Rise of Smart Buildings Bodes Well for Innovative House Wrap Solutions
- Global Smart Buildings Market in US$ Billion: 2020, 2022, 2024, 2026
- Addressing the Common Issues with House Wraps
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wwa7xs
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