Vapor Barriers Market Regional Analysis:
North America Market Insights
North America industry is poised to dominate majority revenue share of 36% by 2035. The market is growing in the region owing to the increased construction of residential and commercial buildings, green buildings, and cold weather. Green buildings are estimated to reduce 30% energy usage as per the United States Green Building Council.
The market is growing in Canada owing to the development in the end-use sector. The government of Canada plans to set up 3.87 million new homes by 2031.
The growth driving factors for the market in the United States are the flourishing construction and building industry which lead to the upgradation of vapor barriers. The construction establishments present in the US were reportedly more than USD 0.09 trillion creating structures valued around USD 2.1 trillion every year.
Asia Pacific Market Insights
Asia Pacific region vapor barriers market revenue is estimated to reach USD 6 Billion by the end of 2035 owing to the increasing popularity of vapor barriers in this region.
The market is thriving in India due to the rapid growth of the construction industry. The capital investment expenditure for infrastructure projects in India outstretched up to USD 133.86 under the interim budget 2024-25.
The growth driving factor for the vapor barriers market in China is the increase in automotive sales and the expansion of the construction sector. Moreover, the presence of industry leaders committed to meeting the demands of vapor barriers is also a significant factor responsible for the market’s growth. Shanghai Yingfan Engineering Material Co., is one of the major key players present in China that manufactures reliable high-density polyethylene water vapor barriers.
