DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Specialty Breathable Membranes Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global specialty breathable membranes market is expected to grow from $1.17 billion in 2022 to $1.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The specialty breathable membranes market is expected to reach $1.77 billion in 2027 at a CAGR of 8.7%.
Specialty breathable membranes are lightweight and breathable membranes designed to protect fabrics against climate agents such as water and wind. They are waterproof and highly breathable, allowing moisture to pass through them. These membranes are used in various applications, including hygiene products such as baby diapers and medical and healthcare products.
The main types of specialty breathable membranes are polyurethane, polytetrafluoroethylene (PTFE), thermoplastic polyester, thermoplastic elastomers, polyether block amide, and copolyamide. Polyurethane refers to a class of polymers that contain NHCOO linkages and are used in the production of a wide range of materials. It available in online and offline distribution channels, and it is used in various applications, such as healthcare, textiles, and others.
The rising capabilities of healthcare spending are expected to drive the growth of specialty breathable membranes going forward. Healthcare spending refers to the amount of money spent on health care and related activities such as private and public health insurance, health research, and public health activities.
Rising healthcare expenditure and increasing healthcare awareness, encourage the concept of self-care management where specialty breathable membranes are used in products such as baby diapers, sanitary napkins, surgical drapes, and surgical gowns. For instance, in March 2023, according to the report published by American Medical Association (AMA), a US-based non-profit organization, health spending in the US increased by 2.7% in 2021 to $4.3 trillion or $12,914 per capita.
Furthermore, in 2020, according to the Centers for Medicare and Medicaid Service, a US-based federal agency, the national healthcare spending in the United States rose by 9.7% to reach USD 4.1 trillion, equivalent to USD 12,530 per individual. This expenditure accounted for a 19.7% growth in Gross Domestic Product (GDP). Therefore, the rising capabilities of healthcare spending are driving the growth of the specialty breathable membranes market.
Product innovation is a key trend gaining popularity in the specialty breathable membranes market. Major companies operating in the specialty breathable membranes market are developing innovative products to sustain their position in the market. A revolutionary 3D lamination procedure that is seamless and tapeless is used to apply the HDry waterproof breathable membrane directly to the inner side of the outermost layer. the direct lamination of the membrane eliminates the disadvantages of competing "free-hanging" glove and shoe inserts already on the market and provides a superior performance solution that is unmatched by conventional waterproof solutions
In April 2021, Covestro AG, a Germany-based chemical manufacturer acquired Royal DSM NV's resins and functional materials business (RFM) for an undisclosed amount. The acquisition of DSM NV's RFM, Covestro AG is taking another important step toward sustainability to generating sustainable growth and strengthening its extensive portfolio with additional innovative products and technologies that will allow to meet customer's needs in the best possible way. Royal DSM NV is a Netherlands-based company that produce waterproof, windproof, and breathable membranes for sports applications.
Asia-Pacific was the largest region in the specialty breathable membranes market in 2022. The countries covered in the specialty breathable membrane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the specialty breathable membranes market are
- Covestro AG
- RKW SE
- Arkema SA
- Schweitzer-Mauduit International Inc.
- Toray Industries Inc.
- Berry Global Group Inc.
- Daika Kogyo Co. Ltd.
- Dingzing Advanced Materials Inc.
- eVent Fabrics
- Fait Plast SPA
- Nitto Denko Corp.
- Pil Membranes Ltd.
- Rahil Foam Pvt. Ltd.
- Sympatex Technologies GmBH
- Fosroc Inc.
- Polyfin AG
- Cleanese Corporation
- Saint-Gobain S.A.
- DuPont de Nemours Inc.
- Faitplast S.P.A
Key Topics Covered:
1. Executive Summary
2. Specialty Breathable Membranes Market Characteristics
3. Specialty Breathable Membranes Market Trends And Strategies
4. Specialty Breathable Membranes Market - Macro Economic Scenario
4.1. COVID-19 Impact On Specialty Breathable Membranes Market
4.2. Ukraine-Russia War Impact On Specialty Breathable Membranes Market
4.3. Impact Of High Inflation On Specialty Breathable Membranes Market
5. Specialty Breathable Membranes Market Size And Growth
5.1. Global Specialty Breathable Membranes Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Specialty Breathable Membranes Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Specialty Breathable Membranes Market Segmentation
6.1. Global Specialty Breathable Membranes Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Polyurethane
- Polytetrafluoroethylene (PTFE)
- Thermoplastic Polyester
- Thermoplastic Elastomers
- Polyether Block Amide
- Copolyamide
6.2. Global Specialty Breathable Membranes Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Online
- Offline
6.3. Global Specialty Breathable Membranes Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Healthcare
- Textile
- Other Applications
7. Specialty Breathable Membranes Market Regional And Country Analysis
7.1. Global Specialty Breathable Membranes Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Specialty Breathable Membranes Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/qb6cjh
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