Vapor Barrier Films Market Size, Share, Opportunities, And Trends By Material (Polyethylene (pe), Polyamide (pa), Polyethylene Terephthalate (pet), Others), By Type (Sheet Films, Fluid Applied Films, Peel And Stick Films, Laminated Vapor Barrier Films), By End-user (Construction, Material Packaging, Waterproofing, Automotive, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Feb 2024
- Report Code : KSI061616101
- Pages : 149
The vapor barrier films market is estimated to grow at a CAGR of 6.49% during the forecast period.
The increased demand for vapor barrier films as a result of increased consumption of packaged and processed foods is one of the key factors anticipated to propel the growth of the vapor barrier films market during the projected period. Because of their high durability and flame retardant properties, vapor barrier films are also widely used for indoor and outdoor building applications, which is expected to fuel the market's expansion. Additionally, different vapor barrier film applications in the packaging of medical equipment will likely present other prospects for the market's expansion in the years to come.
Introduction:
Materials called vapor barrier films are employed to stop the transfer of water vapor from one side of a surface to another. They are frequently used in the building and packaging sectors to ensure optimum insulation and guard against moisture damage. The market for vapor barrier films has a highly promising future, thanks to several important characteristics. First, there is a growing need for energy-efficient buildings, which necessitates efficient insulation systems to lower heat loss and energy usage. In these systems, vapor barrier layers are essential for avoiding condensation and moisture accumulation. The market for these films is anticipated to increase as governments and organizations throughout the world place more emphasis on sustainable development and energy saving. Vapor barrier films are becoming more popular due to increased knowledge of the damaging impact that moisture and condensation have on items and building structures. These films extend the life of products and structures by preventing corrosion, wood rot, and mould growth. The market for vapor barrier films is also expanding as a result of the growing use of flexible packaging options in the food and beverage sector. The exceptional moisture resistance that these films offer keeps the contents fresh and increases their shelf life.
Drivers:
- Rising awareness regarding moisture is fueling market expansion: Vapor barrier films are increasingly being used, which has been greatly aided by the increased awareness of moisture-related problems and their possible detrimental effects on numerous sectors. Health, safety, structural integrity, and overall operating effectiveness can all suffer as a result of moisture-related issues, which might include corrosion, mould development, and material deterioration. These films protect against these problems and hence are widely used.
- Vapour barrier films aid in maintaining building strength: Moisture penetration in the building may cause serious issues such as mould growth, corrosion of construction materials, and weakened structural integrity. Moisture may cause steel buildings to corrode, deteriorate wood, and lessen the efficiency of insulation. By employing vapor barrier films in building envelopes, construction experts may proactively avert these problems, resulting in more robust and long-lasting buildings.
- Demand from the automotive industry is fueling market expansion: The automobile industry relies on vapour barrier films to keep moisture out of critical electronic and electrical systems, as well as other parts of vehicles that are prone to corrosion. With the help of the films, vital components are shielded from moisture and humidity, ensuring the lifetime and dependability of automotive systems.
- The electronic industry also employs vapor barrier films hence boosting market dynamics: Vapor barrier films are used to make moisture-resistant sealing and enclosures for electronic gadgets, avoiding damage and guaranteeing optimum efficiency, which is essential in goods like chips, sensors, and consumer electronics. Moisture is a common threat to digital and electrical systems, resulting in breakdowns, short circuits, and decreased product lifespan.
- Growth of the e-commerce industry is a prime market driver: The emergence of e-commerce and online shopping has fundamentally altered how people purchase goods and receive them, having a tremendous impact on the packaging sector. As more customers choose the convenience of online shopping, the demand for dependable and protective packaging solutions has increased significantly. Moisture damage has become one of the most prevalent problems in product storage and transportation, and vapor barrier coatings have emerged as a key solution.
- The market is poised to grow due to renovation and retrofit projects: Maintaining and enhancing the functionality, energy effectiveness, and general performance of existing buildings requires renovation and retrofit initiatives. In these projects, vapor barrier films have become essential components, especially when it comes to improving moisture management since the construction industry places a larger focus on environmentally friendly practices and the durability of buildings.
Products offered by key companies:
- Vapour Barrier High-Performance Adhesive, Scapa: A thixotropic adhesive without solvents called Scapa BB100 is used to adhere films. It employs a powerful acrylic-based adhesive that can be applied to a variety of substrates to link vapour barriers in both new and renovated buildings.
- ECOVIL P, Conkret: Ecovil P is focused on the construction of a vapor barrier in the roof wall and flooring. It provides necessary protection against moisture thus maintaining and enhancing the functionality, energy effectiveness, and general performance of buildings
The prominent growth in the polyethene sector under the material segment
By material, the polyethene (PE) segment is poised to be the leading segment and is projected to dominate the market over the forecast period. The market for polyethene vapor barrier films is mostly driven by the construction sector. The films are widely utilized in insulation, roofing, and building envelope applications to improve energy efficiency and offer good moisture management. As green building techniques and energy saving become more important, the usage of polyethene vapor barrier films in construction is anticipated to rise. Polyethene vapor barrier films are essential for keeping goods safe while being stored, transported, and packaged. To protect goods from moisture-related damage and maintain the quality and integrity of a variety of products, including electronics, medicines, and food items, they are employed to produce a moisture-resistant barrier.
The Asia Pacific region is expected to hold a significant share of the vapour barrier film market:
During the forecast period, Asia Pacific is predicted to account for the biggest market share for vapor barrier films. The expansion may be attributed to the rising demand from a variety of end-use sectors, including agriculture and the packaging of food and beverages in India, China, and South Korea. Another important element that is anticipated to be favourable for the market is the growing consciousness of sustainability among people in these nations. The strong moisture barrier qualities of PE films are projected to support their expected rapid growth in sales throughout Asia Pacific.
Key developments:
- In August 2023, Camvac introduced Camfoil, a novel flexible packaging material. A fundamental advantage of the new flexible packaging laminate is the removal of the possible risk of pin-holing that is present with foil laminations. The newly developed flexible packaging laminate is a multi-layer metallized laminate that offers the same capabilities as a foil laminate. When compared to an equivalent foil laminate, the advantage of a secure multi-layer barrier film offers increased product safety and the prospect for a prolonged product shelf life.
- SLF, a new Propafilm Strata series of transparent high-barrier, mono-structure packaging films, was introduced by Innovia Films in January 2021. High-relative-humidity barriers against oxygen, vapour, aroma, and mineral oils are provided by the chlorine-free SLF film. It is designed with a broad sealing range for high-speed horizontal-form-fill-seal packaging of goods including pastries, confections, and biscuits.
Vapor Barrier Films Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 6.49% from 2022 to 2029 |
Base Year | 2022 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
SEGMENTS:
- BY MATERIAL
- Polyethylene (PE)
- Polyamide (PA)
- Polyethylene Terephthalate (PET)
- Others
- BY TYPE
- Sheet Films
- Fluid Applied Films
- Peel and Stick Films
- Laminated Vapor Barrier Films
- BY END-USER
-
- Construction
- Material Packaging
- Waterproofing
- Automotive
- Others
-
- BY GEOGRAPHY
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Data
2.3. Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. VAPOR BARRIER FILMS MARKET, BY MATERIAL
5.1. Introduction
5.2. Polyethylene (PE)
5.3. Polyamide (PA)
5.4. Polyethylene Terephthalate (PET)
5.5. Others
6. VAPOR BARRIER FILMS MARKET, BY TYPE
6.1. Introduction
6.2. Sheet Films
6.3. Fluid Applied Films
6.4. Peel and Stick Films
6.5. Laminated Vapor Barrier Films
7. VAPOR BARRIER FILMS MARKET, BY END-USER
7.1. Introduction
7.2. Construction
7.3. Material Packaging
7.4. Waterproofing
7.5. Automotive
7.6. Others
8. VAPOR BARRIER FILMS MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Others
8.5. The Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Glenroy, Inc.
10.2. PoliFilm Group
10.3. Sercalia
10.4. Cosmo Films
10.5. Dupont Teijin Films U.S. Limited Partnership
10.6. Kalliomuovi
10.7. ProAmpac
10.8. Scapa
10.9. Conkret Sp. z o.o.
10.10. 3M
Glenroy, Inc.
PoliFilm Group
Cosmo Films
Dupont Teijin Films U.S. Limited Partnership
Kalliomuovi
ProAmpac
Scapa
Conkret Sp. z o.o.
3M
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