Breathable Membranes Market
The market for breathable membranes for the construction industry is estimated to grow from USD 889.3 Million in 2015 to USD 1,617.2 Million by 2021, at a CAGR of 10.3%. This growth is driven by the increasing awareness of the need to safeguard buildings from moisture and UV radiation.
PE (polyethylene) based breathable membranes are estimated to grow at the highest CAGR between 2016 and 2021, in terms of volume, due to their excellent properties, such as resistance to prolonged UV radiation and water.
Currently, Western Europe is the largest market for breathable membranes, in terms of volume. Germany is the largest market for breathable membranes. However, Norway is the fastest-growing market in the region.
This growth is because of:
- Stringent building regulations for improving thermal efficiency and minimising the energy consumption
- Increasing demand for timber-frame construction in Scandinavian Countries
E. I. du Pont de Nemours and Company (U.S.), Soprema (France), GAF Material Corporation (U.S.), Cosella-Dorken (Canada), Saint Gobain SA (France), and Kingspan Group PLC (Ireland) are the key players of the breathable membranes market.
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