Air Barrier Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2029
Witnessing the industry’s much-anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global air barrier market value will exceed US$ 16,932.8 Million by 2022 end. A recent research study of Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period of forecast, 2022 – 2029.
Increasing installations of insulation systems are particularly driving the demand for air barriers in the residential building sector. However, the demand will also see a considerable rise in the commercial and industrial sectors in the following years. This demand growth is attributed to the increasing stringency of regulations and industrial building codes of conduct, says the report.
Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air barrier market, players have started focusing on the development of novel techniques and methods that are efficient, effective, and offer additional functionalities.
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Air Barrier Markey by Category
By Product Type :
Gypsum Board
Drywall
Plywood
OSB (Oriented Strand Board)
Spray Foam
Fiberglass/Rockwool
Cellulose
Others
By Type :
Membranes
Coatings
Stacking & Filling
By Site :
External
Internal
By Application :
Corrosion Resistance
Insulation
Material Packaging & Stacking
Microbial & Fungal Resistance
By End Use :
Residential Buildings
Commercial Buildings
Industrial Facilities
Car Parks & Underground Basements
Military Buildings & Bunkers
Green Houses
Metal Buildings
The market Landscape Remains Fairly Consolidated
The global air barrier market is a fairly consolidated competition landscape, with a limited number of players dominating nearly the entire air barrier manufacturing and supply scenario. High price points associated with raw materials, high manufacturing costs, and established foothold of existing manufacturing companies would continue to pose major challenges in front of potential new entrants in the global air barrier market.
Smaller players operating in the air barrier landscape, on the other side, will continue to invest in organic growth strategies such as acquisitions, collaborations, and joint ventures. One of the globally leading players in the air barrier market that have been profiled in the report includes Owens Corning which currently accounts for more than 18% of the total market share.