The North America air barrier market is expected to grow from US$ 3,838.62 million in 2022 to US$ 5,008.73 million by 2028. It is estimated to grow at a CAGR of 4.5% from 2022 to 2028.
The construction sector in North America is rapidly developing due to a robust economy and increased federal and state financing for public works and institutional structures. According to the American Institute of Architects (AIA), commercial building investment in North America is increasing year after year. Over the projection period, construction investment is expected to expand at a breakneck pace. All these factors are boosting the demand for North America air barrier market.
Growth of Residential Construction Sector is Driving the North America Air Barrier Market
Air leakage in homes can increase heating and cooling costs, cause moisture damage in walls, allow pollutants and debris to collect in wall interiors, and provide openings for insects and rodents to enter. To avoid this, air barriers are highly used in residential construction. The market for this segment is driven by an increase in government spending on residential construction and a rise in demand for new homes and building improvements. The new government spending from the Infrastructure Bill and budget earmarks to encourage energy-efficient construction is powering additional demand for residential projects. In addition, the pandemic created a demand for housing in areas away from crowded cities, and many homebound workers decided to invest in home improvement projects. The 3.8 million units are needed to not only meet the demand from the growing number of households but also to maintain a target vacancy rate of 13%, which is boosting the residential construction sector is driving the demand for air barriers which in turn is boosting the North America air barrier market.North America Air Barrier Market Overview
The US, Canada, and Mexico are the key economies in North America air barrier market. Growth in the economies of these countries along with development in the construction sector is a major factor influencing the growth of the market. High investments in R&D activities to produce innovative barriers and insulations, such as cellulose and OSB material barriers, will boost the sales of air barriers. The private construction sector is growing at a notable growth rate and contributing to more than 70% share of the construction industry in North America. Moreover, the presence of leading companies such as DuPont, Owens Corning, 3M Company, and Carlisle Companies is expected to bolster the growth of the North America air barrier market.The construction sector in North America is rapidly developing due to a robust economy and increased federal and state financing for public works and institutional structures. According to the American Institute of Architects (AIA), commercial building investment in North America is increasing year after year. Over the projection period, construction investment is expected to expand at a breakneck pace. All these factors are boosting the demand for North America air barrier market.
North America Air Barrier Market Segmentation
The North America air barrier market is segmented into category, type, application, and country. Based on category, the market is segmented into coating and membrane segment. The coating segment registered a larger market share in 2022.- Based on type, the North America air barrier market is segmented into vapor permeable and vapor impermeable. The vapor impermeable segment registered a larger market share in 2022. Based on application, the North America air barrier market is segmented into residential, commercial, and industrial. The residential segment registered the largest market share in 2022. Based on country, the market is segmented into US, Canada, and Mexico. US dominated the market share in 2022. 3M Co; BASF SE; Carlisle Companies Inc; Dow Inc; GCP Applied Technologies Inc; General Electric Co; Henry Co; TK Products Construction Coating; VaproShield LLC; and W. R. Meadows Inc are the leading companies operating in the North America air barrier market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Air Barrier Market, by Category
1.3.2 North America Air Barrier Market, by Type
1.3.3 North America Air Barrier Market, by Application
1.3.4 North America Air Barrier Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
4. North America Air Barrier Market Landscape
4.1 Market Overview
4.2 Ecosystem: Air Barrier Market
4.3 Expert Opinion
5. North America Air Barrier Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Advantages of Using Air Barriers
5.1.2 Growth of Residential Construction Sector
5.2 Market Restraints
5.2.1 Lack of Presence of Skilled Labor
5.3 Market Opportunities
5.3.1 New Product Launches
5.4 Future Trends
5.4.1 Increasing Use of Fluid-Applied Air Barriers
5.5 Impact Analysis
6. Air Barrier - North America Market Analysis
6.1 North America Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
7. North America Air Barrier Market Analysis - By Category
7.1 Overview
7.2 North America Air Barrier Market, By Category (2021 and 2028)
7.3 Coating
7.3.1 Overview
7.3.2 Coating: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Acrylic
7.4.1 Overview
7.4.2 Acrylic: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Silicone
7.5.1 Overview
7.5.2 Silicone: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Membranes
7.7.1 Overview
7.7.2 Membranes: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
8. North America Air Barrier Market Analysis - By Type
8.1 Overview
8.2 Air Barrier Market, By Type (2021 and 2028)
8.3 Vapor Permeable
8.3.1 Overview
8.3.2 Vapor Permeable: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Vapor Impermeable
8.4.1 Overview
8.4.2 Vapor Impermeable: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
9. North America Air Barrier Market Analysis - By Application
9.1 Overview
9.2 Air Barrier Market, By Application (2021 and 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: North America Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: North America Air Barrier Market - Revenue and Forecast to 2028 (US$ Mn)
10. North America Air Barrier Market - Country Analysis
10.1 Overview
10.1.1 North America: Air Barrier Market, by Key Country
10.1.1.1 US: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Air Barrier Market, by Category
10.1.1.1.2 US: Air Barrier Market, by Type
10.1.1.1.3 US: Air Barrier Market, by Application
10.1.1.2 Canada: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Air Barrier Market, by Category
10.1.1.2.2 Canada: Air Barrier Market, by Type
10.1.1.2.3 Canada: Air Barrier Market, by Application
10.1.1.3 Mexico: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Air Barrier Market, by Category
10.1.1.3.2 Mexico: Air Barrier Market, by Type
10.1.1.3.3 Mexico: Air Barrier Market, by Application
11. Industry Landscape
11.1 Product launch
12. Company Profiles
12.1 BASF SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Dow Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 3M Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Henry Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Carlisle Companies Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 General Electric Co
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 GCP Applied Technologies Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 W. R. Meadows Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 TK Products Construction Coating
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 VaproShield LLC
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
Table 1. North America Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. US Air Barrier Market, by Category- Revenue and Forecast to 2028 (USD Million)
Table 3. US Air Barrier Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 4. US Air Barrier Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 5. Canada: Air Barrier Market, by Category - Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Air Barrier Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Air Barrier Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Air Barrier Market, by Category - Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Air Barrier Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico Air Barrier Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 11. Glossary of Terms, North America Air Barrier Market
Figure 1. North America Air Barrier Market Segmentation
Figure 2. North America Air Barrier Market Segmentation - By Country
Figure 3. North America Air Barrier Market Overview
Figure 4. North America Air Barrier Market, By Category
Figure 5. North America Air Barrier Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. North America Air Barrier Market Impact Analysis of Drivers and Restraints
Figure 9. North America Air Barrier Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Air Barrier Market Revenue Share, By Category (2021 and 2028)
Figure 11. Coating: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 12. Acrylic: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Silicone: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Others: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Membranes: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 16. North America Air Barrier Market Revenue Share, By Type (2021 and 2028)
Figure 17. Vapor Permeable: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Vapor Impermeable: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 19. North America Air Barrier Market Revenue Share, By Application (2021 and 2028)
Figure 20. Residential: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Commercial: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Industrial: North America Air Barrier Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 23. North America: Air Barrier Market, by Key Country - Revenue (2021) (US$ Million)
Figure 24. North America: Air Barrier Market Revenue Share, by Key Country (2021 and 2028)
Figure 25. US: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. Canada: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mexico: Air Barrier Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- 3M Co
- BASF SE
- Carlisle Companies Inc
- Dow Inc
- GCP Applied Technologies Inc
- General Electric Co
- Henry Co
- TK Products Construction Coating
- VaproShield LLC
- W. R. Meadows Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 112 |
Published | January 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 3838.62 Million |
Forecasted Market Value ( USD | $ 5008.73 Million |
Compound Annual Growth Rate | 4.5% |
Regions Covered | North America |
No. of Companies Mentioned | 10 |