Breathable Membranes Market for Construction Industry - Global Forecasts to 2021
Added: (Mon Dec 04 2017)
Pressbox (Press Release) -
The market size of breathable membranes for construction industry is estimated to reach USD 1,617.2 Million by 2021, at a CAGR of 10.3% from 2016 to 2021. The cost effectiveness of the membrane, increasing demand for timber frame construction industry in European countries, and its excellent UV resistant properties with breathable characteristics over its alternatives such as non-breathable membranes and asphaltic papers are driving the market for breathable membranes.
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On the basis of type, the breathable membranes market has been segmented into polyethylene, polypropylene, and others. It is projected to be the second-fastest growing segment in the breathable membrane market, between 2016 and 2021, owing to its superior properties and cost advantages over other non-breathable membranes products.
Pitched roof is the largest end-use application of breathable membranes worldwide. Increasing timber frame construction with pitch roof architecture is the major driver for breathable membranes market. Polyethylene (PE) based breathable membrane is expected to show high demand in the pitched roof application. Growing awareness for safeguarding building materials from getting eroded by water vapors is also driving the market. The building & construction industry have wide scope of expansion especially in Scandinavian countries, which in turn is expected to increase the consumption of breathable membranes during the forecast period.
Slow growth rate of construction industry in Western Europe is the major restraint of breathable membranes market. Increasing demand for timber frame construction over concrete or steel in extreme climate geographic areas and need for high performance membranes with excellent air tightness quality are the major opportunity for the market. Educating the architects on breathable membrane installation procedures and fluctuating prices of raw materials (which includes PE, PP, PUR, PET, and PTFE resins) are the major challenge faced by the breathable membrane market players.
Asia-Pacific, North America, Western Europe, Central & Eastern Europe, and RoW are considered as the main regions of the breathable membranes market. Western Europe dominates the breathable membranes market, in terms of volume, owing to increased population and rising demand for residential building. The rising demand for high-quality breathable membranes products with superior prolonged UV resistance property and airtightness characteristics has significantly triggered the demand for breathable membranes. Pitched roof and walls end-use application is contributing to the growing demand for breathable membranes in Western Europe.
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