Title: Vapour Barrier Market to Grow at a CAGR of 4.0% through 2029
1Vapour Barrier Market
Report Id REP-GB-3084 Published On
Jan-2020 Category Services and Utilities
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4Vapour Barrier Market Analysis
- Sales of vapour barriers are projected to witness
steady rise in the following years, prominently
propelled by sustained consumption by the
building construction industry. As suggested by
a new Future Market Insights (FMI) report, global
vapour barrier market will exhibit a CAGR of
around 4 during the forecast period of
2019-2029. - Water condensation can damage the sturdiest of
constructions, which is why vapour barriers hold
significant importance, as they offer complete
insulation from vapour and moisture to building
structures. Use of vapour barriers also allows
for optimum efficiency of a space conditioning
system, thereby fueling their demand across the
construction industry.
5Vapour Barrier Market Analysis
- Key Takeaways - Vapour Barrier Market Study
- Over the period of projection, building
infrastructure, whether private/public or
commercial/residential, will be based on green
building concepts to strike a fine balance of
environmental sustainability and modern
amenities. As a result, the demand for vapour
barriers is projected to significantly spur over
the forecast period. - Polymer materials segment to retain its spot as a
prominently preferred material followed by
asphalt bitumen, whereas drywall board lumber
and gypsum board projected to observe growth at a
swift pace in the market. - Membrane type vapour barriers are expected to
register a dominating share due to their easy
installation. However, the popularity of the
coating segment is increasing across the globe in
recent years due to its enhanced moisture
resistance. - To meet stringent manufacturing rules and
regulations, manufacturers are trying to increase
the use of materials with high recyclability and
decent biodegradability index. Also, due to new
norms for VOC emissions, many manufacturers are
looking to revamp their manufacturing process in
order to minimize these emissions.
6Vapour Barrier Market Analysis
- How is Vapour Barrier Market Structure Defined?
- The market of vapour barrier is highly
competitive due to decent presence of tier 1
players in the market. Though tier 1 market
players have a considerable hold on market share,
numerous small-scale and regional players exist
in the market. Manufactures like The Dow Chemical
Company and Saint Gobain, along with other
organised and leading manufactures hold more than
half of the market pie. - Press Release Source https//www.accesswire.com/5
85201/Vapour-Barrier-Sales-Set-for-Gradual-Growth-
COVID-19-Likely-to-Disrupt-the-Steady-Growth-Traje
ctory-Says-FMI-in-a-New-Study
7Vapour Barrier Market Analysis
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8Vapour Barrier Market Analysis
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9Vapour Barrier Market Analysis
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