• Blog
  • North American Air Barriers Market Report

    North American Air Barriers Market Report

    North American Air Barriers Market Report
    Report code - SR2232 Published On : Dec,2022 No. of Pages: 100
    North American Air Barriers Market Size, Share, Trend, Forecast, Competitive Analysis, and See more...

    Market Highlights

    Air barriers are the systems used to control the flow of air in building enclosures. These barriers keep the inside and outside air out of the building enclosure.  Energy loss and resiliency of the building are the two most important forces that necessitate the usage of air barriers in building envelopes. North America holds a lion’s share of the global air barriers market in 2022. Cold climates in North America demand a higher level of air barrier quality due to the increased risk of condensation and high humidity levels.

    In 2020, the market experienced a decline of 8.3% in the wake of the COVID-19 pandemic. The market rebounded with a growth rate of 29.1% in 2021 and 15% in 2022, supported by the industry's growth and a sudden rise in the price of materials in the past two years due to supply chain disruption. Overall, the region’s air barriers market is likely to experience a promising CAGR of 5.3% in the long run, reaching a value of US$ 5.9 billion in 2028. Key factors driving the North American air barriers market are the recovery of the construction industry, the growing need for the reduction in energy loss of buildings, growing concerns about indoor air quality, and increasing awareness about green building technologies.

    Recent Product Developments:

    • ExoAir 110AT by Tremco Inc. (RPM International Inc.): It is a 22-mil composite self-adhered impermeable air barrier, comprising 16 mils of butyl and 6 mils of HDPP facer. Extremely impermeable membrane with high durability.
    • Air-Bloc® All Weather STPE™ by Henry Company: A long-term UV & fire-resistant fluid-applied vapor permeable air barrier, designed for applicability at temperatures as low as 10°F (-12°C).

    Recent Market JVs and Acquisitions:

    • Henry Company by Carlisle Company Inc.: In 2021, Carlisle Company Inc. acquired Henry Company, a leading provider of building envelope systems, from affiliates of American Securities LLC with a purchase agreement of US$ 1.6 Billion.
    • ParexGroup SA by Sika A.G: Parex USA is a leading mortar manufacturer. Also, it has a presence in spray and roll-on acrylic air barriers. The excellent façade business of Parex can act as leverage to the whole SIKA world.
    • GCP Applied Technologies by Saint-Gobain: In September 2022, Saint-Gobain acquired GCP Applied Technologies Inc., which is a leading provider of construction products that include high-performance specialty construction chemicals and building materials. Earlier, in 2021, Saint-Gobain acquired Chryso, one of the leading companies in the construction chemical business.
    • MBCC Group by Sika AG: Sika has signed an agreement to acquire MBCC Group from an affiliate of Lone Star Funds, a global private equity firm, for a consideration of EUR 5.2 billion. The agreement is now targeted to complete on H1 2023, instead of at the end of 2022 as previously announced.

    Segments' Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Form Type

    Liquid-Applied Air Barriers, Sheet-Applied Air Barriers, and Others

    Liquid-applied air barrier is expected to remain the dominant and fastest-growing form type during the forecast period.

    Permeability Type

    Vapor Permeable and Impermeable

    Vapor permeable is expected to remain the dominant and faster-growing segment during the forecast period.

    Substrate Type

    Gypsum, CMU, OSB, and Others

    Gypsum is expected to remain the dominant and fastest-growing substrate type during the forecast period.

    End-Use Type

    Commercial, Residential, and Industrial

    Commercial is estimated to remain the dominant and fastest-growing end-use type during the forecast period.

    Country Analysis

    The USA, Canada, and Mexico

    The USA is likely to remain the dominant market in the region during the forecast period, whereas Mexico is likely to experience the highest growth during the same period.

    Based on the form type, the North American air barriers market is segmented into liquid-applied air barriers, sheet-applied air barriers, and other air barriers. The liquid-applied air barrier is expected to remain the largest as well as the fastest-growing form type in the market during the forecast period, owing to ease of application using a simple and cheap instrument (roller, sprayer, and brush), reduced time and cost of installation, less or no dependency on the installer, and no use of fasteners. Spray and roller are the most preferred application methods, owing to their fast and easy application. Acrylic liquid-applied barrier is the predominantly used product type, owing to its excellent strength and adhesion to all common surfaces, providing continuous air tightness. STPE and silicon are likely to experience the fastest growth during the forecast period. In sheet-applied, mechanically fastened sheets hold dominance; however, self-adhered sheets are gaining traction.

    Based on the permeability type, the market is segmented into vapor permeable and vapor impermeable. Vapor permeable is expected to remain the dominant as well as the faster-growing permeability type in the market during the forecast period. The ability to resist air along with water vapor, slow diffusion of water vapor and aid in resisting the live loads which increase energy efficiency are some key factors, fueling the demand for permeable air barriers. Vapor-impermeable air barrier is majorly used in self-adhered sheets, especially in commercial buildings.

    Based on the substrate type, the market is segmented into gypsum, CMU, OSB, and others. Gypsum is expected to remain the dominant as well as the fastest-growing substrate type during the forecast period as it is widely used in commercial buildings. Gypsum board is suitable for air barrier and is more economical than other substrates, classified as air barrier substrate as per ASTM E2178. CMU is likely to remain the second-largest substrate type during the forecast period. It is a popular choice in low/mid?rise commercial construction.

    Based on the end-use type, the market is segmented into industrial, commercial, and residential. Commercial is expected to remain the largest as well as the fastest-growing end-use type in the market during the forecast period. The biggest growth driver is an increased awareness about moisture intrusion and early adoption by design professionals in states such as Vermont, Pennsylvania, Connecticut, West Virginia, New York, Illinois, and Massachusetts.

    In terms of country, The USA is expected to remain the largest market for air barriers in North America during the forecast period. The USA and Canada have been the growth engines of the North American market, driven by an extremely cold climate, stringent regulations, rapid urbanization, and increased awareness of energy-efficient and economical green buildings. One of the key factors behind the dominance of the country is the early adoption of air barriers by the design professionals and architectures in the US states, such as Connecticut, Pennsylvania, West Virginia, New York, Illinois, and Vermont, which recognized the importance of an efficient air barriers system. 

    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the North American air barriers market.

    • Carlisle Companies Inc.
    • RPM International Inc.
    • SIKA AG
    • DuPont
    • Dow
    • Saint-Gobain
    • The 3M Company
    • W.R. Meadows
    • Polyguard Products, Inc.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s North American air barriers market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in North America and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The North American air barriers market is segmented into the following categories. 

    North American Air Barriers Market, by Form Type

    • Liquid-Applied Air Barriers (Trend and Forecast)   
      • Method Type (Spray, Roller, and Trowel)
      • Product Type (Acrylic, STPE, Silicone, and Others)
    • Sheet-Applied Air Barriers (Trend and Forecast)
      • Product Type (Mechanically-Fastned Sheet and Self-Adhered Sheet)
    • Other Air Barriers

    North American Air Barriers Market, by Permeability Type

    • Vapor Permeable (Trend and Forecast)   
    • Vapor Impermeable (Trend and Forecast)   

    North American Air Barriers Market, by Substrate Type

    • Gypsum (Trend and Forecast)   
    • OSB (Trend and Forecast)   
    • CMU (Trend and Forecast)   
    • Others (Trend and Forecast)   

    North American Air Barriers Market, by End-Use Type

    • Commercial (Trend and Forecast)   
    • Industrial (Trend and Forecast)   
    • Residential (Trend and Forecast)   

    North American Air Barriers Market, by Country

    • The USA (Trend and Forecast)   
    • Canada (Trend and Forecast)   
    • Mexico (Trend and Forecast)   

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    A Bird's Eye View of the Market

    The North American air barriers market is estimated to grow at a CAGR of 5.3% by 2028. An increase in construction activities, a growing need for the reduction in energy loss of buildings, growing concerns about indoor air quality, and increasing awareness about green building technologies are some of the key factors fueling the market's growth.

    Carlisle Companies Inc., RPM International Inc., SIKA AG, DuPont, Dow, Saint-Gobain, The 3M Company, and Polyguard Products, Inc. are the leading players in the North American air barriers market.

    The fluid-applied air barrier is expected to remain the largest form type over the next five years, propelled by its ease of installation, applicability on uneven surfaces, lower cost, no requirements of fasteners, and lesser installation time.

    •