North America Weather Barrier Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the North America weather barrier market reached a value of around USD 4.70 billion in 2023. Aided by rapidly growing construction industry and the increasing focus on enhancing the integrity of building structures, the market is projected to further grow at a CAGR of 3.50% between 2024 and 2032 to reach a value of USD 6.40 billion by 2032.
Weather barriers, often integrated into building envelopes, function primarily as protective layers to shield structures from external elements like moisture, wind, and temperature fluctuations. These barriers are pivotal for ensuring the longevity of the structure, improving indoor air quality, and facilitating energy efficiency. In the light of such functionality, they have become an intrinsic component in modern construction and renovation projects across North America.
One of the pivotal North America weather barrier market trends is rising inclination towards sustainable and energy-efficient building practices. The emphasis on green building and LEED certifications, which promote the incorporation of eco-friendly materials and practices, has led to a growing demand for high-quality weather barriers. These barriers not only contribute to structural protection but also play a role in conserving energy, reducing carbon footprint, and decreasing utility bills for occupants.
The North America weather barrier market growth is driven by advancements in barrier materials and technologies. Innovative materials are being developed to offer superior durability, UV resistance, and adaptability to varied climatic conditions. The adoption of such materials, especially in the rapidly growing residential sectors of the US and Canada, further propels the market expansion.
The North America weather barrier market size is likely to benefit from the rising product demand due to changing climate patterns. With regions experiencing increasingly harsh weather conditions, from intense rainfalls to rising temperatures, the need for efficient weather barriers to eliminate these extremities has risen. Builders and homeowners alike seek solutions that not only provide resistance to such conditions but also ensure the comfort of the inhabitants.
Besides, the North America weather barrier market demand is likely to be supported by the shift towards smart homes and automated living solutions. As homeowners integrate advanced technologies into their living spaces, the role of weather barriers in ensuring the efficacy of such systems becomes essential. Their capability to maintain optimal indoor conditions further enhances the function of smart HVAC systems, leading to enhanced living experiences.
Market Segmentation
The market can be divided based on product type, membrane type, end use, and country.
Market Breakup by Product Type
- Building Wraps
- Roofing Underlayment
- Membranes
- Wrapped Sheathing
- Rain Screens
- Insulating Board Stock
- Spray Polyurethane Foam
- Building Paper
Market Breakup by Membrane Type
- Self-Adhered
- Mechanical
- Fluid Applied
Market Breakup by End Use
- Residential
- Commercial
- Public Infrastructure
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America weather barrier market. Some of the major players explored in the report by Expert Market Research are as follows:
- RPM International Inc.
- BASF SE
- DU Pont de Nemours, Inc.
- LATICRETE International, Inc.
- GCP Applied Technologies Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.