
Published On: Jan 2023
Published On: Jan 2023
At 4.9% CAGR, the Asia Pacific Air Barrier Market is projected to be worth US$ 8,950.58 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific air barrier market was valued at US$ 6,729.58 million in 2022 and is expected to reach US$ 8,950.58 million by 2028, registering a CAGR of 4.9% from 2022 to 2028. New product launches and increasing use of fluid-applied air barriers are the critical factors attributed to the Asia Pacific air barrier market expansion.
The players operating in global air barrier market are focusing on developing new and innovative air barriers in order to fulfill customer demand. For instance, in October 2020, GCP Applied Technologies added two new products to its air barrier portfolio—PERM-A-BARRIER VPL 50RS and PERM-A-BARRIER VPS 30 membranes. These new air barriers are specifically designed to offer superior protection against the damaging effects of air and liquid water ingress on building structures. The product will also help reduce associated energy loss and condensation problems through the building envelope. In addition, in June 2019, Henry Company introduced Henry Air-Bloc All Weather STPE Fluid Applied Vapor Permeable Air Barrier. It is a UV- and fire-resistant, fluid-applied, elastomeric membrane designed to provide a vapor-permeable, water-resistive air barrier when applied to high-performance above-grade wall assemblies. It can be applied at temperatures as low as 10°F and withstand rain. Therefore, market players’ focus on performance improvement of the product enables them to launch new and innovative air barriers for their customers, which will offer lucrative opportunities for the growth of the Asia Pacific air barrier market.
Key players dominating the Asia Pacific air barrier market are 3M Co; BASF SE; Carlisle Companies Inc; Dow Inc; GCP Applied Technologies Inc; General Electric Co; Henry Co; TK Products Construction Coating; VaproShield LLC; and W. R. Meadows Inc, among others.
Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com