Industria
North America Vapor Barrier Market to Reach US$ 5.8 Billion at a CAGR of 5.4% by 2034 - Transparency Market Research Inc.
The ability of vapor barriers to arrest damage to buildings surges the popularity of such instruments in the construction sector. Owing to the rising demand for advanced structural properties of buildings, leading players in the region have been emphasizing the use of cutting-edge practices. This spurs the demand for vapor barriers.
North America is witnessing steady growth in the construction industry. Owing to the rising infrastructural demand and growing population in the region, the demand for appropriate construction of buildings is increasing. With the rising focus on the progress of the corporate and defense sectors, the construction of buildings and other infrastructural properties has become mandatory.
Building codes and regulations, such as International Residential Code (IRC) section R702.7 and International Building Code (IBC) section 1405.3, which mandate the use of vapor barriers on framed walls in specific climate zones, are anticipated to drive the North American vapor barrier market.
As per the report North America vapor barrier market segmentation is done based on material type as Class-I, Class-II, and Class-III. The IRC suggests using a Class-I or Class-II vapor barrier on the interior side of homes in cold regions. Similarly, the National Roofing Contractors Association (NRCA) recommends placing vapor barriers on the interior side of roofs in areas where the exterior temperature drops below 4 degrees Celsius and the interior relative humidity is 45 percent or higher during the winter season.
Recently launched products have advanced technology with more flexible and efficient materials are effective in preventing moisture and are easier to install. JM Vapor Barrier SAR launched by Johns Manville are glass fiber reinforced, which provides improved self-adhering, extended shelf life and higher initial tack performance compared to the earlier products in the company's portfolio. Vapor barrier launched by Polyglass USA Inc. under the brand name VertiWrap are primerless, self-adhered, and are available in both options sheet and fluid applied. New product launches focusing on improved performance and easy installation are expected to shape the North America Vapor Barrier Market Dynamics.
Pertaining to the rising demand to curb maintenance and operational costs of buildings, vapor barriers are used extensively. Vapor barriers can also ensure the least energy loss, which can thereby prove to be beneficial in terms of fueling the efficiency of buildings.
The emerging trend in the construction industry suggests that consumers are emphasizing energy-efficient solutions. To cater to the demand, the use of vapor barriers has risen in the region, creating prospects for leading manufacturers in the vapor barrier industry.
Regulatory policies designed to measure the performance of buildings are likely to augment the competitive landscape. The necessity to comply with building codes related to moisture absorption drives the installment of vapor barriers, fueling the competitive space.
Key Findings from the Market Report
Competitive Landscape
Leading players in the North America vapor barrier market expand using many key strategies, including mergers, acquisitions, collaborations, and partnerships. New entrants, on the other hand, expand using strategic alliances, innovations, and differentiation.
Key Players
Key Developments in the North America Vapor Barrier Market
Regional Profile
Market Segmentation
By Material Type
By Thickness
By Application
By Construction Type
By End Use
By Country
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