Polyethylene Vapor Barrier Films For Under Slab Market Worth $2.18 Billion By 2028

Polyethylene Vapor Barrier Films For Under Slab Industry Overview

The global polyethylene vapor barrier films for under slab market size was valued at USD 1.18 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028.

The growing construction activities are significantly fueling the growth of the market. Polyethylene (PE) vapor barrier films are widely used in the construction industry for under slab applications to block water vapors coming up from the ground underneath a building. These films play a major role in mitigating damage caused by trapped moisture below flooring and foundation, which, in long term, result in the formulation of mold and mildew, releasing airborne mold spores that can lead to serious respiratory ailments and deterioration of building materials. Therefore, to mitigate the aforementioned risks and increase the life of buildings, the construction industry has increasingly started the application of polyethylene vapor barrier films in new construction as well as refurbished walls, ceilings or floors, and under slabs.

Gather more insights about the market drivers, restrains and growth of the Global Polyethylene Vapor Barrier Films For Under Slab Market

Rising population, increasing urbanization rate, and industrial growth have resulted in the rising need for construction and infrastructure development across the globe, especially in emerging regions such as Asia Pacific, Central and South America, and the Middle East. Countries such as China, India, Japan, and other Southeast Asian countries are significantly contributing to the growth of the construction industry in Asia Pacific. All these factors are expected to drive the demand for PE vapor barrier films for under slab applications in the construction industry.

Rising infrastructure spending in China is expected to potentially fuel the growth of the construction industry over the forecast period.

In addition, according to an article published by the World Resources Institute in 2019, China is expected to invest USD 13 trillion in construction activities by 2030. All these steps taken by the Chinese government to boost the growth of the construction industry are expected to drive the demand for polyethylene vapor barrier films for under slab applications over the forecast period.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

  • Recycled Ocean Plastics Market - The global recycled ocean plastics market size was valued at USD 1.55 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030. The collection and recycling of ocean plastic debris are quickly expanding across the world, as numerous non-profit groups and government agencies develop and scale up the technology to clear the seas of plastic.
  • Recycled Polyethylene Terephthalate Market - The global recycled polyethylene terephthalate market size was valued at USD 9.40 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030. Factors including the rising concerns over sustainability, reduced plastic waste, and initiatives to improve the circular economy in North America and Europe are likely to drive the recycled polyethylene terephthalate (rPET) market demand over the forecast period.

Polyethylene Vapor Barrier Films For Under Slab Market Segmentation

Grand View Research has segmented the global polyethylene vapor barrier films for under slab market on the basis of product, thickness, grade, application, end-use, and region: 

PE Vapor Barrier Films For Under Slab Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • High-density polyethylene
  • Linear Low-density Polyethylene
    1. Higher Alpha-olefin Linear Low-density Polyethylene (HAOLLDPE)
    2. Metallocene Linear Low-density Polyethylene (mLLDPE)

PE Vapor Barrier Films For Under Slab Thickness Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • 10-15 mil
  • 15-20 mil
  • Above 20

PE Vapor Barrier Films For Under Slab Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Concrete
  • Foundation

PE Vapor Barrier Films For Under Slab Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • New Construction
  • Refurbishment

PE Vapor Barrier Films For Under Slab End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Residential
    1. Single Family
    2. Multi-family
  • Non-residential

PE Vapor Barrier Films For Under Slab Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Market Share Insights

  • April 2019: The Mayor of Atlanta, Georgia, the U.S., in partnership with Atlanta Housing and Invest Atlanta, announced a funding of USD 60 million for affordable housing projects.
  • January 2019: According to the National Development and Reform Commission (NDRC), China announced to invest USD 142 billion on 26 infrastructure projects including rail projects in Chengdu, Kunming, Chongqing, Zhengzhou, and Xian and the expansion of Xianyang International Airport.

Key Companies profiled:

Some prominent players in the global polyethylene vapor barrier films for under slab market include

  • Exxon Mobil Corporation
  • LyondellBasell Industries Holdings B.V.
  • Repsol
  • SABIC
  • Dow Inc.
  • Poly-America, L.P.
  • A. Proctor Group Ltd.
  • Reef Industries
  • Layfield Group
  • RKW Group. Ltd.
  • W. R. Meadows, Inc.
  • Cover-Tech Inc.

Order a free sample PDF of the Polyethylene Vapor Barrier Films For Under Slab Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments

Post a Comment

Popular posts from this blog

Food and Beverage ERP Solutions Procurement Intelligence: Food and Beverage ERP Solutions category is expected to have pricing growth outlook of 8.2% From 2023 To 2030

  Food and Beverage ERP Solutions Category Overview The food and beverage ERP solutions category is expected to grow at a CAGR of 8.2% from 2023 to 2030.Consumers are increasingly seeking transparency and traceability in the food and beverage business, which is fuelling this category's growth. ERP solutions can help businesses to track the origin of their ingredients and products, which can in turn help ensure food safety and meet consumer demand. The supply chain for the food and beverage industry is complex and has a wide range of players. ERP solutions can help businesses to optimize their supply chains, improve efficiency, and reduce costs. Technologies such as cloud computing, barcode scanning, and RFID labels are used under this category. Cloud computing offers a cost-effective and scalable solution for hosting ERP software, enabling remote access to data and applications. Barcode scanning is a fast and efficient method for tracking inventory and materials, improving traceabi...
Read more

Contact Center Software Market Worth $149.58 Billion By 2030

Contact Center Software Industry Overview The global contact center software market size was valued at USD 23.94 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 23.2% from 2022 to 2030.  The growth of the market can be attributed to the growing adoption of cloud-based and virtual contact center solutions to achieve better business continuity. Contact centers across the globe are focusing on transforming customer experience from a single interaction to an entire journey of consistent and personalized interactions. At this juncture, contact center software is helping businesses in ensuring a seamless customer experience across all communication channels. The strong emphasis businesses are putting on streamlining and personalizing customer interactions to enhance customer satisfaction is driving the growth of the market. According to a study by Salesforce.com, Inc., around 84% of customers consider the experience provided by a particular company e...
Read more

Manned Guarding Services Procurement Intelligence : Manned Guarding Services Category Is Expected to Grow at CAGR of 13.5% From 2024 to 2030

  Manned Guarding Services Category Overview The manned guarding services category is anticipated to witness growth at a CAGR of 13.5% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America (with the fastest growth rate) and Europe. Rising standards of living, urbanization, and population are the key factors driving Asia Pacific’s growth. In addition, the region’s expanding tourism industry, coupled with political and economic stability, is also propelling the category’s expansion. The growing usage of technologies, such as access control systems and CCTV, is propelling the demand for the services offered in the category in North America. It has also helped companies to cut expenses while improving the safety of their employees and facilities. The demand in Europe is driven by the demand for more security at public events and venues and the growing incidence of terrorist incidents. Order your copy of the  Manned Guarding Services Pro...
Read more