Gas Barrier Membranes Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, Application and End user industry : Global Opportunity Analysis and Industry Forecast, 2021-2030

Gas Barrier Membranes Market Outlook 2030

Gas barrier membranes provide safe solutions for the protection of structures against various gases and chemicals that occur naturally and through contaminated land when installed in accordance with current codes of practise. The popularity of the product is due to its multilayer structure, great strength, and ease of installation. These barrier membranes are laid in the base of new construction properties' flooring. Gas barrier membranes come in a variety of shapes and sizes, including radon barrier membranes, self-adhesive gas membranes, liquid gas membranes, and so on. Furthermore, protective membranes against CO₂, methane, and hydrocarbons are provided. Furthermore, unique components such as joint tapes, top hat units, detailing tapes, drainage & venting map, heavy-duty protection board, and others are required for the installation of these membranes.

COVID-19 Impact analysis

• The world economy has been undergoing a downturn since the beginning of 2020 due to the outbreak of the COVID-19 pandemic. The COVID-19 epidemic has had a major impact on the manufacture and distribution of gas barrier membranes.
• Governments in numerous countries have implemented stringent lockdowns to prevent the spread of the COVID-19 epidemic. Many manufacturing enterprises are either closed or have reached their production capacity limits.
• The global gas barrier membranes market has been negatively impacted by the decrease in industrial operations caused by the pandemic.
• However, because to the COVID-19 outbreak, operations in many industries such as oil and gas, chemical, and others are severely hampered, since most governments have imposed a lockdown. This is restraining the growth of the gas barrier membranes market.

Top Impacting Factors

The global gas barrier membranes market is likely to experience growth during the forecast period due to increased concerns about protecting building structures from dangerous ground gases. The demand for membranes that restrict the passage of invisible and dangerous gases into residential and commercial structures is projected to increase. Contaminated soil generates radon and carbon dioxide gases from ground surfaces, which can harm human health. As a result, modern houses require barrier protection to avoid harmful gases, which is expected to increase demand for gas barrier protection in structures. The development and utilisation of old mine working lands, brownfield sites, and landfill sites where garbage has been buried has been spurred by the increasing population rate and housing crisis. Furthermore, contaminated land regions are being used for public infrastructure and commercial development projects. Hazardous gases such as carbon dioxide, radon, methane, and carbon monoxide are released during construction on such terrain. Over the forthcoming years, rising building on contaminated and industrial land is expected to boost the utilisation of gas barrier membrane products. Fluctuations and instability in the global construction sector are anticipated to reduce demand for innovative materials for construction projects, which might limit the growth of the gas barrier membranes market. These membranes require a professional team and detailed installation to ensure efficient sealing across the flooring space. Furthermore, a lack of knowledge about the product and its benefits is likely to limit its use in construction projects.

Market Trends

• Ortloff Engineers, Ltd. (US), a pioneering developer of specialised technologies for natural gas processing and sulphur recovery, was bought by Honeywell. This acquisition will enable the company to extend its skills in order to assist customers get the most out of their gas processing and oil refining investments.
• Air Liquide Advanced Separations spent USD 170 million in Secunda to build an Air Separation Unit (ASU) with a daily production capacity of 5,000 tonnes of oxygen. This investment will allow the company to deliver liquid gases to South Africa's expanding industrial gas industry.

Key Benefits of the Report

• This study presents the analytical depiction of the gas barrier membranes industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Gas barrier membranes market share.
• The current market is quantitatively analysed to highlight the gas barrier membranes market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed Gas barrier membranes market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the gas barrier membranes Report

• Who are the leading market players active in the gas barrier membranes market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
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  Gas Barrier Membranes Market Report Highlights