New York, July, 2022: Axiom Market Research & Consulting™ added a report on the global house wraps market which includes studies on type, product type, technique, across various countries of key regions across the globe. The global house wraps market is projected to grow at a CAGR of 6.44% for the forecast period 2022 to 2028. The global house wraps market is estimated and forecasted in terms of revenue (USD Million) generated by the house wraps market.
The factors such as growing demand and steady launch of innovative products with unique performance attributes to meet the challenges of different climatic conditions. Furthermore, the growing construction activity in the region and government support for infrastructure development boosts the demand for the house wraps market. The governments of various countries are working in the residential construction sector. Moreover, a rising demand for eco-friendly building materials in the market is boosting the demand for the house wraps market in the region.
The report analyses the global house wrap industry based on type. Product type, technique and geography. The house wraps type segmented into asphalt felt, polyolefin fabric, liquid water-resistive barrier rigid foam, water-resistive barrier sheathing, grade D building paper. The product types of house wraps are non-perforated house wraps and perforated house wraps. The house wraps are installed by various techniques including, wrapping, tapping and flashing. The global house wraps market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and in the Rest of the World.
Asphalt felt are WRBs that serve as the second line of protection against moisture and air entering a home or building. This type of paper is thicker and it has a lifespan of approximately 15 years. The thickness of the product makes it more resistant to tearing when battered by heavy winds.
Perforated house wraps have a high market share as they cost much less than non-perforated house wraps. Perforated house wraps poke thousands of tiny holes through their materials. These micro perforations allow some vapour movement. Perforated house wraps can withstand the rigors of construction.
The wrapping segment accounted for the largest share in the house wrap market. Wrapping technique is used to cover and protect house and minimize wind and air leaks that create hot or cold zones in living areas.
North America is anticipated to witness an increasing demand for house wrap owing to growth in the population, increasing application of house wraps and the growing presence of various manufacturers in the region. Furthermore, growing construction activity in the region and government support for infrastructure development boosts the demand for the house wraps market.
The key players in the global house wraps market are, Alpha Pro Tech, Ltd. (Canada), ANCI Inc. (US), Berry Global, Inc. (US), CertainTeed Corporation (US), DuPont de Nemours, Inc. (US), GCP Applied Technologies Inc. (US), Henry Company (US), INDEVCO North America, Inc. (US), Intertape Polymer Group Inc. (Canada), James Hardie Building Products, Inc. (US), Kimberly-Clark Professional Ltd. (US), Kingspan Insulation LLC (US), Owens Corning (US), Protecto Wrap Company (US), RH Tamlyn & Sons LP (US), Specialty Coating & Laminating, Inc. (US), among other.
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