House Wraps Global Market to Reach $9.3 Billion by 2030: Extreme Climatic Conditions Offer a Strong Business Case for House Wraps
Global Market for House Wraps
Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- The "House Wraps: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for House Wraps estimated at US$5.5 Billion in the year 2022, is projected to reach a revised size of US$9.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
Non-Perforated House Wraps, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$7.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Perforated House Wraps segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.6% CAGR
The House Wraps market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$988.4 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.
Select Competitors (Total 86 Featured) -
Alpha Pro Tech, Ltd.
Berry Global, Inc.
DuPont de Nemours, Inc.
GCP Applied Technologies Inc.
INDEVCO North America, Inc.
Intertape Polymer Group Inc.
James Hardie Building Products, Inc.
Kimberly-Clark Professional Ltd.
Kingspan Insulation LLC
Protecto Wrap Company
RH Tamlyn & Sons LP
Specialty Coating & Laminating, Inc.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Controlling Moisture is Key to Prolonging Building Durability & Life: This Basic Architectural Fact Provides the Cornerstone for the Growth of House Wraps
Weather Resistive Barriers: An Indispensable Part of Modern Architecture
Housewraps: A Homeowner and Building Operator's Best Defense Against Moisture Related Damages
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
War, Inflation & High Cost of Living Crisis Supersede COVID-19 as Major Downside Risks for the Global Economy in 2022 & Beyond
Inflationary Pressures Affect Global Economy
Russia-Ukraine War Impact
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Economic Volatility and Construction Market Dynamics Redesign Growth Patterns in Building Materials Market
Global Construction Spending (in US$ Trillion) for the Years 2020-2028
Planned Construction Projects as Bright Spot in 2023
US Construction Outlook
United States Housing Units Starts: 2015-2021 (Housing Units in Thousands)
House Wraps - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
House Wraps: Overview, Definition, Types, Importance & Benefits
Types of House Wraps
Key Considerations for Selecting an Appropriate House Wrap
Careful Installation Critical to Achieve Results
Benefits of House Wraps
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Extreme Climatic Conditions Offer a Strong Business Case for House Wraps
Global Number of Extreme Weather Events for the Years 2000, 2005, 2010, 2015 and 2020
Annual Number of Natural Disaster Events Globally from 2007 to 2021
Implementation of New Building Energy Codes Set the Pace for Innovations in WRB Products Market
Material Innovation Continues to Drive Market Growth
A Peek into Select Advancements in Housewraps Market
Advent of Flame-retardant Membranes in Modern House Wraps
Self-Adhering Wraps all Set to Witness Wider Adoption
Home Renovations & Need for Better Buildings for Post Pandemic Living to Spur Sales of Housewraps
Residential Renovations to Regain Lost Momentum Post Pandemic
Focus on Building Smarter Buildings as Emission Savers, Post Pandemic to Push Up Adoption of House Wraps
Indoor Air Quality & House Wraps
Drainable House Wraps: One of the Fastest Growing House Wraps by Type
Steady Replacement of Solid Wood with Engineered Wood in Building Construction Shifts Focus on House Wraps
Focus on Energy Efficiency & Adoption of Thermal Insulation to Magnify Importance of House Wraps
Here's How House Wraps Help Protect the R-Value of Insulation
Rise of Smart Buildings Bodes Well for Innovative House Wrap Solutions
Global Smart Buildings Market in US$ Billion: 2020, 2022, 2024, 2026
Addressing the Common Issues with House Wraps
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/wwa7xs
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