Report : Middle East & Africa Air Barrier Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Category (Coating and Membrane), Type (Vapor Permeable and Vapor Impermeable), and Application (Residential, Commercial, and Industrial)
At 3.8% CAGR, the Middle East & Africa Air Barrier Market is speculated to be worth US$ 1,576.20 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa air barrier market was valued at US$ 1,258.12 million in 2022 and is expected to reach US$ 1,576.20 million by 2028, registering a CAGR of 3.8% from 2022 to 2028. Increasing use of fluid-applied air barriers and new product launches are the critical factors attributed to the Middle East & Africa air barrier market expansion.
The popularity of fluid-applied air barriers is rapidly increasing, owing to their various advantages such as versatility, ease of application, and effectiveness even on irregular substrates. Fluid-applied air barriers are easier and faster to apply in comparison with sheet air barriers. These fuel-applied air barriers are used as self-adhered membranes, saving labor costs and time. Moreover, a fluid-applied membrane air barrier requires fewer applicators, which helps reduce labor costs. Fluid-applied air barriers eliminate the issues of tearing, holes, and mislapped joints and provide stable rigidity under air pressure loads. With a fluid-applied air barrier, there are no concerns about UV-ray degradation for up to six months, which is a concern with sheet-applied air barriers when stored outside. They found that fluid-applied air barriers were very popular for their ease of use compared to sheet membranes, and ~62% of applicators use fluid-applied air barrier coatings. Hence, the increasing use of fluid-applied air barriers is expected to boost Middle East & Africa air barrier market growth.
On the contrary, lack of presence of skilled labour hurdles the growth of Middle East & Africa air barrier market.
- Based on category, the Middle East & Africa air barrier market is segmented into coating and membrane segment. The coating segment held 67.5% market share in 2022, amassing US$ 849.42 million. It is projected to garner US$ 1,074.52 million by 2028 to expand at 4.0% CAGR during 2022–2028.
- Based on type, the Middle East & Africa air barrier market is segmented into vapor perMiddle East & Africa ble and vapor imperMiddle East & Africa ble. The vapor imperMiddle East & Africa ble segment held 55.5% market share in 2022, amassing US$ 698.19 million. It is projected to garner US$ 862.22 million by 2028 to expand at 3.6% CAGR during 2022–2028.
- Based on application, the Middle East & Africa air barrier market is segmented into residential, commercial, and industrial. The residential segment held 43.4% market share in 2022, amassing US$ 545.73 million. It is projected to garner US$ 700.95 million by 2028 to expand at 4.3% CAGR during 2022–2028.
- Based on country, the Middle East & Africa air barrier market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa . Our regional analysis states that the Rest of Middle East & Africa captured 40.7% market share in 2022. It was assessed at US$ 512.41 million in 2022 and is likely to hit US$ 633.27 million by 2028, exhibiting a CAGR of 3.1% during the forecast period.
Key players dominating the Middle East & Africa air barrier market are 3M Co; BASF SE; Dow Inc; GCP Applied Technologies Inc; General Electric Co; Henry Co; TK Products Construction Coating; VaproShield LLC; and W. R. Middle East & Africa dows Inc, among others.
- In 2019, VaproShield LLC launched SlopeShield Plus® Self-Adhered, a highly vapor-perMiddle East & Africa ble roofing underlayment Air Barrier (AB) material.
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