Global House Wraps Market to Reach $6.5 Billion by 2026 - Benzinga

2022-07-02 02:41:34 By : Ms. Grace Yang

New York, July 01, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global House Wraps Industry" - https://www.reportlinker.com/p05478483/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global House Wraps Market to Reach $6.5 Billion by 2026 House Wraps are typically 3-15 mils thick and are engineered thin plastic sheet membranes that are wrapped around a house. A house wrap prevents water infiltration, enables vapor permeability, and prevents air infiltration. Available in varying sizes, these polymeric sheet-like materials are normally fixed in the exterior wall section, beneath the siding and above the sheathing. A house wrap`s thin membrane layer is designed to resist liquid water, which chance to penetrate the exterior cladding, from further penetrating into the exterior wall assembly. Made of a wide array of materials that constitute polyolefins including polyethylene and polypropylene, the products are available in an array of lengths and widths. House wraps are characteristically made of polyolefin-based plastic sheets, including spun-bonded fibers, cross-woven tapes, film or sheets, and sometimes a combination of all these. Several products available in the marketplace come integrated with drainage planes to ensure optimum draining of water. House wraps can be applied to a house shell much faster than normally expected, as they are large sheets, allowing for quick and easy application with a minimum number of joints and laps. The material is installed above the stud wall, but beneath the exterior sheathing, which could be brick façade, vinyl siding, cedar shingles or wood clapboard. House wraps allow for application beneath the majority of exterior cladding materials. Amid the COVID-19 crisis, the global market for House Wraps estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$6.5 Billion by 2026, growing at a CAGR of 6.7% over the analysis period. Non-Perforated House Wraps, one of the segments analyzed in the report, is projected to grow at a 7.1% CAGR to reach US$5.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Perforated House Wraps segment is readjusted to a revised 5.2% CAGR for the next 7-year period. This segment currently accounts for a 23.6% share of the global House Wraps market. The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $659.7 Million by 2026 The House Wraps market in the U.S. is estimated at US$2 Billion in the year 2021. The country currently accounts for a 44.72% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$659.7 Million in the year 2026 trailing a CAGR of 8.8% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 6.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR while Rest of European market (as defined in the study) will reach US$717.4 Million by the close of the analysis period. Healthy growth is projected for the market driven by growing demand and steady launch of innovative products with unique performance attributes to meet the challenges of different climatic conditions. Nex-gen house wraps combine liquid water resistance ability with breathable barrier technology to prevent water penetration and aid in removal of moisture vapor from the wall cavity in addition to providing noise absorption, superior insulation, and water and air resistance. Steady replacement of solid wood with engineered wood as the primary building material represent another important growth driver with engineered wood known to readily absorb and retain moisture, making buildings constructed from plywood, OSB or gypsum susceptible to fungi and mold. Increasing popularity of peel-and-stick house wraps is also benefiting market prospects supported by their superior attribute of lower air leakage over mechanically-attached house wraps due to easier detailing, and the recent code change that requires air-leakage testing within the International Residential Code (IRC). Other factors favoring market growth include increased installations of non-perforated house wraps; stringent energy efficiency mandates that will spur upgrades of building envelope systems; and rising prominence of green buildings and rising demand for green building materials. Select Competitors (Total 71 Featured) -

Read the full report: https://www.reportlinker.com/p05478483/?utm_source=GNW I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW House Wraps - Global Key Competitors Percentage Market Share in 2022 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) 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 The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021? These are Times When Questions Abound & Answers Are Few So How Fast Or Slow Are We Moving? How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country India?s Second Wave Makes It Clear That Equity is Not a Part of Global Policy on Tackling COVID What We Know So Far - ?Vaccine Efficiency Against New Strains is Decreasing? Progress on Vaccinations, Why Should Businesses Care? With IMF?s Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022 A Retrospective Review of Year 2020 as the Worst Year in Humanity?s History that Left the World in Shambles & Industries and Markets Upended How the Construction Industry is Impacted by the Pandemic & What?s the New Normal? Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021 House Wraps: Overview, Definition, Types, Importance & Benefits Innovations & Recent Market Activity World Brands 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS Market Overview Manufacturers Maintain Strong Focus on Education and Training. Here?s Why 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 Continuous Innovation Remains Crucial to Growth in the Market Material Innovation Continues Advent of Flame-retardant Membranes in Modern House Wraps 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 4. GLOBAL MARKET PERSPECTIVE Table 1: World Recent Past, Current & Future Analysis for House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR Table 2: World Historic Review for House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 3: World 15-Year Perspective for House Wraps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027 Table 4: World Recent Past, Current & Future Analysis for Non-Perforated House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR Table 5: World Historic Review for Non-Perforated House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 6: World 15-Year Perspective for Non-Perforated House Wraps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027 Table 7: World Recent Past, Current & Future Analysis for Perforated House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR Table 8: World Historic Review for Perforated House Wraps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 9: World 15-Year Perspective for Perforated House Wraps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027 III. MARKET ANALYSIS UNITED STATES House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) Table 10: USA Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 11: USA Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 12: USA 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 CANADA Table 13: Canada Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 14: Canada Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 15: Canada 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 JAPAN House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) Table 16: Japan Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 17: Japan Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 18: Japan 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 CHINA House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) Table 19: China Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 20: China Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 21: China 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 EUROPE House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) Table 22: Europe Recent Past, Current & Future Analysis for House Wraps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR Table 23: Europe Historic Review for House Wraps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 24: Europe 15-Year Perspective for House Wraps by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027 Table 25: Europe Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 26: Europe Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 27: Europe 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 FRANCE House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) Table 28: France Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 29: France Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 30: France 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 GERMANY House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) Table 31: Germany Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 32: Germany Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 33: Germany 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 ITALY Table 34: Italy Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 35: Italy Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 36: Italy 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 UNITED KINGDOM House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) Table 37: UK Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 38: UK Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 39: UK 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 REST OF EUROPE Table 40: Rest of Europe Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 41: Rest of Europe Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 42: Rest of Europe 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 ASIA-PACIFIC House Wraps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E) Table 43: Asia-Pacific Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 44: Asia-Pacific Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 45: Asia-Pacific 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 REST OF WORLD Table 46: Rest of World Recent Past, Current & Future Analysis for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR Table 47: Rest of World Historic Review for House Wraps by Product Type - Non-Perforated House Wraps and Perforated House Wraps Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR Table 48: Rest of World 15-Year Perspective for House Wraps by Product Type - Percentage Breakdown of Value Sales for Non-Perforated House Wraps and Perforated House Wraps for the Years 2012, 2021 & 2027 IV. COMPETITION Total Companies Profiled: 71 Read the full report: https://www.reportlinker.com/p05478483/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

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