Breathable Membranes Market For Construction Industry Overview
The Breathable Membranes Market For Construction Industry size is estimated to reach US$900 million by 2027, after growing at a CAGR of 9.5% during the forecast period 2022-2027. Breathable membranes allow roofs to breathe and are considered an ideal solution for re-roofing projects and new builds. It enables moisture to escape from the roof and protects the building from external weather conditions. It protects the building from dust, snow and rain. Breathable membranes provide resistance to vapor, superior water vapor permeability and water resistance. These are extensively used for roofing, cladding and building lining. Polyethylene and polypropylene are the key materials used for breathable membranes. According to Mexico’s National Institute of Statistics and Geography, in Q2 of 2021, the construction industry in Mexico posted a high year-on-year growth rate of 33.8%. Thus, the growth in the construction industry is propelling the growth of the Breathable Membranes Market for the Construction Industry.
Many industries across the globe have faced several challenges due to the COVID-19 pandemic. Several industries have experienced pitfalls due to the unavailability of raw materials. The production and demand in these industries have declined due to an interrupted supply chain and the cessation of transportation. According to India’s Ministry of Statistics and Programme Implementation, in 2020, the growth rate of the Indian construction industry declined by 7% in Q3 and 49.4% in Q2. With the pause in industrial production and distribution, the demand and consumption of Breathable Membranes have been hampered to an extent.
The “Breathable Membranes Market For Construction Industry Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Breathable Membranes Market for the Construction Industry.
By Type: Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polytetrafluoroethylene (PTFE) and Others.
By Application: Roof Construction (Pitched Roof and Roof Tiles), External Walls, Building Lining, Timber Frame and Others.
By End-use Industry: Residential (Residential Housing, Apartments and Others), Commercial (Shopping Malls, Hospitals, Corporate Offices, Education Centres, Hotel and Others) and Industrial (Manufacturing Facilities, Warehouses and Others).
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).
Figure: Breathable Membranes Market For Construction Industry Revenue Share, by Geography, 2021 (%)
- The significant increase in demand for polypropylene breathable membranes owing to their favorable properties is expected to provide a significant growth opportunity for the size of the Breathable Membranes Market for the Construction Industry in coming years.
- The notable growth in the construction industry is driving the growth of the Breathable Membranes Market for the Construction Industry. According to China’s National Bureau of Statistics, in Q2 of 2021, the construction sector of China registered a growth of 1.8% while its cumulative growth was 8.6% in the first half of 2021.
- Increase in demand for breathable membranes in the residential, commercial and industrial sectors is providing ample growth opportunities for the industry players in near future in the Breathable Membranes Market For Construction Industry.
Breathable Membranes Market For Construction Industry Segment Analysis – by Type
The polypropylene segment is expected to grow at the fastest CAGR of 11.1% during the forecast period in the Breathable Membranes Market For Construction Industry. Breathable membranes help resolve the problem of water damage and condensation build-up through the roofing. Breathable membranes are completely waterproof, superior in allowing condensation to escape and suitable for warm roof structures without roof ventilation and are widely used in cladding. Polypropylene is a suitable material for the production of these membranes as it is durable, breathable, water resistant and inexpensive. Moreover, polypropylene is considered safe and non-toxic for humans. Thus, several benefits associated with the use of polypropylene is boosting its growth and is expected to account for a significant share of the Breathable Membranes Market for the Construction Industry.
Breathable Membranes Market For Construction Industry Segment Analysis – by End-use Industry
The residential segment held the largest share of over 45% in the Breathable Membranes Market For Construction Industry in 2021. The utilization of breathable membranes depends on the type of condensation in buildings, cladding, level of moisture, air-tight nature of the buildings and presence of moisture vapor on the roof space. However, modern buildings are tended to be more air-tight due to the availability of limited space. Therefore, it is essential to install suitable roof ventilation in order to allow moisture to escape. In the residential sector, breathable membranes play a significant role in reducing the risk of condensation. According to European Union, in December 2021, construction of buildings increased by 4.6% and civil engineering construction by 3.3% compared to 2020. Thus, the increase in demand in residential applications is boosting the market growth of the Breathable Membranes Market for the Construction Industry.
Breathable Membranes Market For Construction Industry Segment Analysis – by Geography
Asia-Pacific held the largest share (42%) of the Breathable Membranes Market For Construction Industry in 2021. This growth is mainly attributed to the increase in residential, commercial and industrial construction activities in this region. The region comprises key economies such as China, India, Japan and Australia where the level of construction output including residential and commercial has rapidly increased. According to the Australian Bureau of Statistics, in February 2022, the number of dwellings approved in Australia rose by 43.5% with private sector house approvals showing a 16.5% rise. Also, according to India’s Ministry of Statistics and Programme Implementation, in Q4 of 2020, India's construction industry grew by 6.2%. The significant growth in construction in this region also demands more sustainable and renewable materials in construction for environmental benefits. Thus, the significant demand from end-use industries in this region also boosts the growth of the Breathable Membranes Market for the Construction Industry.
Breathable Membranes Market For Construction Industry Drivers
Increase in construction activities across the globe
The growing residential construction, due to the high demand for residential projects from the growing population and the customer inclination towards modern construction practices, has increased the demand for Breathable Membranes in the Construction Industry as these are water resistant. Moreover, rapid urbanization and technological advancements have led to an increase in spending on infrastructure developments in several countries across the globe. For instance, according to the UK’s Ministry of Housing, Community and Local Government, in Q1 of 2021, there were 49,470 completed homes in the UK, showing the highest figure in over 20 years and a 4% increase compared to the last 3 months of 2020. Thus, high growth in construction activities is further propelling the demand for breathable membranes and is expected to boost the Breathable Membranes Market for the Construction Industry size.
Growing expenditure on commercial construction
Emerging economies, rapid urbanization and technological advancements have led to increased investment in infrastructure developments in countries. This has also surged the adoption of breathable membranes for commercial construction. According to the US Census Bureau, in November 2021, construction spending on healthcare was US$51.3 million, showing a 9% increase, compared to US$46.7 million in the same month of 2020. Furthermore, according to Statistics Canada, in January 2022, investment in institutional building increased by 0.6% to US$1.12 billion while industrial construction investment increased by 2.1% to US$691.4 million since mid-2020. An increase in commercial infrastructure spending would create more demand for breathable membranes in such commercial construction. These factors continue to boost the growth of the Breathable Membranes market for the Construction Industry.
Breathable Membranes Market For Construction Industry Challenge
Disadvantages associated with the use of breathable membranes:
Breathable Membranes provide several benefits such as protection from moisture and condensation and offer ventilation for buildings. However, the installation of these membranes needs third-party approval for the additional ventilation. These membranes need to comply with certain government regulations. The National House Building Council (NHBC) would only accept a few breathable membranes without added ventilation if they have approval from the British Board of Agreement (BBA). Thus, the aforementioned factors may hamper the market growth.
Breathable Membranes Market For Construction Industry Outlook
The top 10 companies in the Breathable Membranes Market For Construction Industry are -
- GAF Material Corporation
- Saint Gobain SA
- Kingspan Group PLC
- Knauf Insulation
- Porelle Membranes
- Riwega Srl GmbH
- Soprema Group
- Sungod Technology Co. Ltd.
- In August 2021, Kingspan Group acquired Thermakraft Ltd, a leading manufacturer of breathable membranes and underlay supplier. This acquisition helped the company to expand its presence in New Zealand and Australia.
- In May 2021, Knauf Insulation announced the launch of its new weatherproof and long-lasting Homeseal black tape. It improves the performance of insulation and enhances the appearance of ventilated facades.
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