North America Vapor Barrier Market to Reach US$ 5.8 Billion at a CAGR of 5.4% by 2034 - Transparency Market Research Inc.

Owing to the use of diversified materials, including membranes, plastic, and many more, the risk related to decay, corrosion, and so on can be avoided. Technological innovation and evolution are likely to elevate the size of the competitive landscape of vapor barriers.

WILMINGTON, Del., July 18, 2024 /PRNewswire/ – The projected advancement of the North America vapor barrier market is set to reach USD 5.8 billion by 2034. The last recorded valuation of the ecosystem was measured at USD 3.2 billion in 2019. Owing to the poised development of the competitive landscape through the forecast period at a CAGR of 5.4%, key players in the industry are likely to experience lucrative prospects.

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.

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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.

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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.

North America Vapor Barrier Market Report Scope:

Key Findings from the Market Report

• The ecosystem of the North America vapor barrier market is segmented based on different significant parameters. Based on the type of material segment, the class 1 category is expected to generate the highest revenue due to the lowest permeability of such materials.
• Based on the thickness segment, the medium thickness category is likely to gain traction. The demand for crawl space and below-slab applications is expected to govern the segment.
• Owing to the higher chance of moisture travel from the soil, the demand for below-slab applications is set to increase. This is, hence, the highest-grossing category of the application segment.
• New constructions, a key category of the construction type segment, is set to govern the sector. This is due to the necessity to comply with new regulatory policies.

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.

• The Concur Group offers products like concrete coatings, commercial epoxy, concrete admixtures, and vapor barriers.
• Layfield Group Ltd. manufactures different products, including packaging films, custom-engineered solutions, and many more.
• POLIFILM Group is another key player offering protective films, agricultural films, and laminating films. The firm also offers labeling films.

Key Players

• Insulfoam (A Carlisle Company)
• Concure Group
• Cover-Tech Inc.
• InterWrap
• ISI Building Products
• Layfield Group Ltd.
• POLIFILM Group
• Poly-America, L.P.
• Polyguard
• Reef Industries
• Stego Industries, LLC
• Tex-Trude
• W. R. Meadows Inc.
• Berry Global
• Henry Company (A Carlisle Company)

Key Developments in the North America Vapor Barrier Market

• In December 2023, Layfield Group Ltd. expanded in Brisbane by launching a new warehouse in the city.
• In March 2024, Concur Group partnered with Mastercard. The move aimed to simplify expense reports.

Regional Profile

• Owing to technological infrastructure in the United States, various prospects for key players in the North America vapor barrier industry are created. This drives the size of the sector in the country.
• The evolution of the construction industry in Canada is expected to drive the size of the competitive landscape in the country. Leading organizations can use the opportunity to penetrate into the said industry segment.
• Owing to the growth of the chemical and material industry in the United States is another factor augmenting the size of the competitive landscape. Such a key factor drives the growth of the market.

Market Segmentation

By Material Type

• Class I
  - Polyethylene Sheet
  - Rubber Membrane
  - Sheet Metal
  - Others
• Class II
  - 30 Pound Asphalt-coated Paper
  - Bitumen-coated Kraft Paper
  - Plywood
  - Others
• Class III
  - 15 Pound Asphalt-coated Paper
  - Gypsum Board
  - Concrete Block
  - Fiberglass Insulation
  - Others

By Thickness

• Thin (Below 10 mil)
• Medium (10 mil - 20 mil)
• Thick (Above 20 mil)

By Application

• Below-slab Vapor Barriers
• Wall Vapor Barriers
• Roof Vapor Barriers
• Others

By Construction Type

• New Construction
• Renovation/ Refurbishment

By End Use

• Residential
• Commercial
• Industrial

By Country

• The United States
• Canada

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