Building Wrap Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 15.4 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
From 2023 to 2033, the demand for building wraps is expected to increase at an even faster rate due to several key drivers. The market outlook suggests a continued rise in urbanization and the push for eco-friendly construction practices. Additionally, with increasing concerns around climate change, building wraps are becoming vital in minimizing energy loss, as they provide an extra layer of thermal insulation. The shift toward sustainable construction is expected to further accelerate demand for materials that offer both protection and energy efficiency. Various regions are also adopting stricter environmental regulations, further promoting the use of building wraps as part of green building certifications.
The next decade will witness a rapid surge in the demand for advanced building wraps made from high-performance materials such as breathable fabrics and materials designed for durability and aesthetic appeal. The technological advancements in building wrap materials are creating more innovative and sustainable solutions for architects, engineers, and contractors, leading to a shift in preference toward high-tech wraps that combine aesthetic qualities with superior insulation properties. For example, digital prints and custom graphics on wraps are increasingly popular for large-scale building projects that want to enhance their visual appeal, making it a compelling choice for designers and clients alike.
In particular, the increasing awareness of energy efficiency will lead to a higher adoption of building wraps, with both commercial and residential sectors seeking ways to minimize their carbon footprint. Moreover, with the growth of smart cities and the construction of taller buildings, demand for high-quality building wraps will continue to soar. With cities expanding and the shift towards greener building practices, the global Building Wrap market is set for robust growth through 2033.
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The Building Wrap market has seen significant changes from 2018 to 2022, reflecting a shift in construction and renovation trends. During this period, the market expanded due to the growing demand for building wraps in urban areas, driven by construction projects aiming for aesthetic appeal, weather protection, and energy efficiency. Building wraps were increasingly used for both new construction and refurbishments, as they help with insulation, preventing damage to building facades, and protecting against environmental factors. As cities around the world grow rapidly, this trend continued to escalate, with larger and more complex projects demanding innovative solutions like building wraps for enhanced durability and visual enhancement.
DuPont
Berry Global
Inc.
James Hardie
Kingspan Group
Benjamin Obdyke
Owens Corning
Henry Co.
GCP Applied Technologies Inc.
Poly-wall
Kimberly-Clark Professional
CertainTeed Corporation
INDEVCO North America
Alpha Pro Tech
Ltd.
Protecto Wrap Company
Shandong Zhengbang Plastic
Xiong County Xiashi Packing
Intertape Polymer Group
CS Fabric International
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Building Wrap Market
Residential
Commercial
Others
Based on Types the Market is categorized into Below types that held the largest Building Wrap market share In 2023.
Asphalt-Impregnated Paper
Polyolefin Fabric
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Building Wrap Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Building Wrap Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Building Wrap Market, By Type
6. Global Building Wrap Market, By Application
7. Global Building Wrap Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Building Wrap Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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