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North America Air Barrier Market to Grow at a CAGR of 4.4% between 2021 and 2026.

According to a new report by EMR titled, ‘North America Air Barrier Market Report and Forecast 2021-2026', the North America air barrier market attained a value of nearly USD 1.6 billion in 2020. The air barrier market in North America is further expected to grow in the forecast period of 2021-2026 at a CAGR of 4.4% to reach a value of USD 2.1 billion by 2026.

The North America air barrier market is being driven by the increasing demand from the construction and infrastructure industry, along with the inflating disposable income and rapid urbanisation. Air barrier waterproofing ensures air is entrapped and does not leak or transfer in or out of the building. It forms a consistent airtight envelope around the building. The North America air barrier market is being driven by the growth of the United States market where owners and contractors are updating the existing infrastructure to meet the new green building codes.

Carlisle Companies, Inc. (NYSE: CSL) and RPM International Inc. (NYSE: RPM), key players in the air barrier market in North America, have expanded and enhanced their waterproofing segment, thus, supporting the growth of their related air barrier segment too. In 2017, Carlisle Companies, Inc. declared the acquisition of Arbo Holdings Limited, a leading supplier of coatings, sealants, and membrane systems used by architects and contractors for waterproofing and air barrier applications. The acquisition of Arbo Holdings Limited, thus, added to the expansion of Carlisle’s waterproofing segment. In 2020, RPM International Inc., another significant player in the market, the company announced the acquisition of Schul International Co., LLC, and Wilseal LLC to be integrated into RPM's Tremco Commercial Sealants & Waterproofing business. Air barrier and waterproofing solutions help the building endure harsh climates and ensure the longevity of the structure.

Market Analysis by Membrane Types, Applications, End-Uses, and Regions:

  • The air barrier market is broadly divided into sheet applied, and fluid applied membrane types.
  • Air barrier is applicable in masonry, gypsum board, glass, and plywood, among others.
  • On the basis of end-uses, the air barrier market is segregated into residential building, commercial building, and public infrastructure.
  • By regions, the North America air barrier market can be bifurcated into the United States of America and Canada.

Key Findings of the Report:

  • Alternating cold and mixed climates leading to the risk of water retention in the building in North America is propelling the air barrier market forward in the region.
  • Increasing demand from the infrastructure and construction industry is also driving the market growth in North America.
  • Increasing demand for energy-efficient buildings by owners and building codes is providing further impetus for the growth of the air barrier waterproofing market.
  • Growing awareness of holistic design by consumers, including green certification, prolonged durability, and internal environment quality, is providing a further boost to the market growth.

Key Offerings of the Report:

  • The EMR report provides a detailed overview of the market for the periods (2016-2020) and (2021-2026) by the membrane types, applications, and end-uses of air barrier in North America. 
  • The report also evaluates the regional historical (2016-2020) and forecast (2021-2026) markets.
  • An assessment of the trade data has also been provided within the report, covering the value and volume of the major exporting and importing countries.

W. R. Meadows, Inc., Carlisle Companies Inc., Tremco Incorporated, Mark Beamish Waterproofing, SOPREMA, Henry Company, Dryspace, Inc, DuPont de Nemours, Inc., BASF SE, 3M, DuPont de Nemours, Inc., and RPM International Inc., among others, are the key players in the North America air barrier waterproofing market as identified by EMR. The comprehensive report looks into their market share, capacities, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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