Global Gas Barrier Membrane Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 2.32 Billion |
Market Size (Forecast Year) |
USD 4.14 Billion |
CAGR |
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Major Markets Players |
Global Gas Barrier Membrane Market, By Type (Radon Barrier Membranes, Self-Adhesive Gas Membranes, Liquid Gas Membranes, Others), Application (Residential Constructions, Commercial Constructions), End User (Oil and Gas, Chemical, Building and Construction, Others) – Industry Trends and Forecast to 2029.
Gas Barrier Membrane Market Analysis and Size
The global gas barrier membranes market is projected to grow significantly due to increasing concerns about preventing building structures from harmful chemicals and ground gases. The prevention of harmful and invisible gases entering into commercial and residential structures is expected to increase the demand for gas barrier membranes. Furthermore, growing construction on industrial and contaminated land is expected to rise the adoption of gas barrier membrane products during the forecast period of 2022-2029.
Data Bridge Market Research analyses that the gas barrier membrane market is expected to undergo a CAGR of 7.50% during the forecast period. This indicates that the market value, which was USD 2.32 billion in 2021, would rocket up to USD 4.14 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Gas Barrier Membrane Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Radon Barrier Membranes, Self-Adhesive Gas Membranes, Liquid Gas Membranes, Others), Application (Residential Constructions, Commercial Constructions), End User (Oil and Gas, Chemical, Building and Construction, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
British Polythene Limited (U.K.), Industrial Textiles & Plastics Ltd (U.K.) Delta Membrane (U.K.), Monarflex sro (Europe), Permagard Products Limited (U.K.) |
Market Opportunities |
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Market Definition
Gas membranes offer a barrier against hazardous ground gases such as carbon dioxide, radon and methane The gas barrier membrane also acts as a dampproofing membrane and protects properties from moisture ingress. These membranes are puncture resistant and highly durable, making them perfect for new flooring constructions.
Global Gas Barrier Membrane Market Dynamics
Drivers
- Rising demand of gas barrier membrane for safety purposes
The gas barrier membranes are installed with relevant codes of practices, which provide safe solutions for the safety of buildings against several chemicals and gases that occur through contaminated land and nature. The multilayer structure, easy installation, and high strength propelled the gas barrier membrane's popularity. These barrier membranes are mainly mounted in the flooring foundation of new building property.
- Increasing installation of gas barrier membrane
Nowadays, builders are focusing on installing gas barriers for commercial and residential construction, especially for suspended beam-and-block concrete floors, precast concrete slabs, and reinforced cast-in-situ concrete floors. The high use of barrier membranes to prevent chemicals and harmful gases from entering the property's interior is expected to enhance market growth.
- Emission of harmful gases and shortage of the houses
The growing population rate and shortage of houses have driven the utilization and development of brownfield sites, landfill sites and old mine working lands, where waste has been buried. On these sites, there are maximum chances for the emission of harmful gases and chemicals. Thus, this factor leads to a higher demand of gas barrier membranes and eventually increases the market growth.
Moreover, increasing demand for single-family houses and standalone residential homes across major countries is anticipated to boost the gas barrier membrane market demand. Also, increasing awareness regarding safeguarding the living spaces and growing construction on industrial and contaminated land are some of the major factors behind the growth of the gas barrier membrane market.
Opportunities
- Growth and expansion of construction industry
Rise in demand for gas barrier membranes in the building and construction sector is increasing the growth rate of the global market. Construction on contaminated land spaces give rise to the emission of harmful gases such as methane, carbon dioxide, radon, and carbon monoxide. So, the gas barrier membranes are used for gas barrier protection, it helps to protect human health and the environment from harmful gases. According to Statistics Bureau Ministry of Internal Affairs and Communications of Japan, the country spent US$ 30,380 Bn on building and construction in 2017, on residential buildings, US$ 16,570 Bn and on non-residential buildings, spent US$ 13,810 Bn. Thus, growth in the construction industry is likely to create immense opportunities for the gas barrier membranes market in the near future.
Furthermore, increasing commercial constructions such as shopping centers, eateries, public buildings, conventional centers, and others will further generate various opportunities for the growth of the gas barrier membrane market during the forecast period.
Restraints/Challenges
- Volatility in construction industry
Instability and fluctuations in the construction industry all over the world is projected to slow down the demand for advanced materials such as gas barrier membranes for construction projects, this can be a major restraining factor for the growth of the gas barrier membranes market.
Furthermore, in the installation of these membranes need detailing to achieve adequate sealing and skilled workforce across the flooring space. Besides, the lack of awareness regarding the product and its benefits are expected to hinder its demand for construction activities.
This gas barrier membrane market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gas barrier membrane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Gas Barrier Membrane Market Scope
The gas barrier membrane market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Radon Barrier Membranes
- Self-Adhesive Gas Membranes
- Liquid Gas Membranes
- Others
Application
- Residential Constructions
- Commercial Constructions
End User
- Oil and Gas
- Chemical
- Building and Construction
- Others
Gas Barrier Membrane Market Regional Analysis/Insights
The gas barrier membrane market is analysed and market size insights and trends are provided by country, type, application and end user as referenced above.
The countries covered in the gas barrier membrane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the gas barrier membrane market in terms of market share. This is due to the rising use of brownfield land for construction activities in this region.
Asia-Pacific is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing construction industry and presence of skilled workforce in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gas Barrier Membrane Market Share Analysis
The gas barrier membrane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gas barrier membrane market.
Some of the major players operating in the gas barrier membrane market are:
- British Polythene Limited (U.K.)
- Industrial Textiles & Plastics Ltd (U.K.)
- Delta Membrane (U.K.)
- Monarflex sro (Europe)
- Permagard Products Limited (U.K.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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