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Press Release

Feb, 28 2024

Guarding the Future: Europe's Gas Barrier Membrane Market Shines Bright with Sustainability and Safety

The Europe Gas Barrier Membrane Market is witnessing substantial growth due to increasing environmental awareness and stringent regulations concerning gas protection. Unknown to some, these membranes also play a crucial role in enhancing energy efficiency by preventing heat loss and ensuring sustainable building practices. Advancements in material technology have led to more effective and durable products, while government incentives and support encourage their adoption. The market's positive trajectory is further bolstered by the rising adoption of brownfield development, ensuring site safety in contaminated areas.

Access Full Report @ https://www.databridgemarketresearch.com/reports/europe-gas-barrier-membrane-market

Data Bridge Market Research analyses that the Europe gas barrier membrane market is expected to grow at a CAGR of 4.3% in the forecast period of 2023 to 2030 and is expected to reach USD 409,185.01 thousand by 2030 from USD 2,92,176.47 thousand in 2022. Europe has strict regulations and building codes concerning gas protection in construction, which drive the demand for gas barrier membranes to ensure safety and compliance.

Key Findings of the Study

Europe Gas Barrier Membrane Market

The rising adoption of brownfield development is expected to drive the market's growth rate

The rising adoption of brownfield development in Europe involves redeveloping previously contaminated or underutilized sites. These sites often pose potential risks due to the presence of hazardous gases such as methane and radon. Gas barrier membranes are utilized as a preventive measure during construction to mitigate the risk of gas migration into newly developed structures. Installing gas barrier membranes, developers ensure site safety and protect future occupants from potential health and environmental hazards associated with the contaminated land.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Product (Radon Barrier Membranes, Self-Adhesive Gas Membranes, Liquid Gas Membranes, and Others), Application (Industrial, Residential, and Commercial)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

Market Players Covered

Delta Membranes (U.K.), Industrial Textiles & Plastics Ltd (U.K.), Permagard Products Limited (U.K.), Monarflex sro (Czech Republic), A. Proctor Group Ltd (U.K.), Newton Waterproofing (U.K.), RIW Ltd (U.K.), CETCO (U.S.), Gas Membrane Solutions Pty Ltd. (Australia), BS SPECIALIST PRODUCTS (U.K.), Berry Global Inc. (U.S.), Cavity Trays Ltd (U.K.) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Europe gas barrier membrane market is segmented on the basis of product and application.

  • On the basis of product, the market is segmented into radon barrier membranes, self-adhesive gas membranes, liquid gas membranes, and others.
  • On the basis of application, the market is segmented into industrial, residential, and commercial.

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe gas barrier membrane market players in Europe gas barrier membrane market are Monarflex sro (Czech Republic), A. Proctor Group Ltd (U.K.), Newton Waterproofing (U.K.), RIW Ltd (U.K.), CETCO (U.S.), Gas Membrane Solutions Pty Ltd. (Australia), BS SPECIALIST PRODUCTS (U.K.)

Europe Gas Barrier Membrane Market

Market Developments

  • In 2021, Honeywell announced collaboration with SK Innovation and Energy, a Korea-based energy refining company, for a feasibility study to retrofit SK's hydrogen plant with carbon capture.
  • In 2021, Air Products announced a new brand identity for its membrane business units, which will now all operate around the world as Air Products Membrane Solutions
  • In 2021, Air Liquide delivered the largest helium purification plant in Canada. The plant is expected to support North America Helium's site in southwest Saskatchewan, Canada. It is the largest helium production plant in Canada.
  • In 2020, A. Proctor Group received BBA certification for its Radon 400 high-performance barrier membrane, solidifying its commitment to quality. Newton Waterproofing earned the prestigious National Building and Construction award, boosting employee morale and enhancing the company's reputation through recognition of its exceptional achievements.

Regional Analysis

Geographically, the countries covered in the Europe gas barrier membrane market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe

As per Data Bridge Market Research analysis:

Germany is expected to dominate in the region in Europe gas barrier membrane market during the forecast period 2023-2030

Germany's dominance in the Europe gas barrier membrane market can be attributed to two key factors. The country boasts a significant number of market players actively involved in manufacturing and distributing gas barrier membranes. Additionally, there is a notable rise in the consumption of gas barrier membranes for construction and industrial applications within Germany. This combination of abundant market players and increased demand positions Germany as a leading player in the European gas barrier membrane sector.

For more detailed information about the Europe gas barrier membrane market report, click here – https://www.databridgemarketresearch.com/reports/europe-gas-barrier-membrane-market


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