Overview and Scope
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.
Sizing and Forecast
The specialty breathable membranes market size has grown strongly in recent years. It will grow from $1.27 billion in 2023 to $1.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to focus on sustainable construction practices, expansion of the medical textiles industry, rise in demand for sportswear, development of advanced filtration systems, renovation and remodeling activities.
The specialty breathable membranes market size is expected to see strong growth in the next few years. It will grow to $1.95 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to continued growth in green building practices, advancements in smart textiles, expansion of outdoor apparel market, increasing use in automotive interiors, focus on healthcare and hygiene products. Major trends in the forecast period include integration in wearable technology, collaborations for material research, moisture management in electronics, customization for specific end-use industries, outdoor and recreational gear.
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Segmentation & Regional Insights
The specialty breathable membranes market covered in this report is segmented –
1) By Type: Polyurethane, Polytetrafluoroethylene (PTFE), Thermoplastic Polyester, Thermoplastic Elastomers, Polyether Block Amide, Copolyamide
2) By Distribution Channel: Online, Offline
3) By Application: Healthcare, Textile, Other Applications
Asia-Pacific was the largest region in the specialty breathable membranes market in 2023. The regions covered in the specialty breathable membranes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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. Similarly, For instance, in September 2023, according to the Centers for Medicare & Medicaid Services, a US-based federal agency, national health spending climbed by 2.7% to $4.3 trillion in 2021, or $12,914 per person, representing 18.3% of GDP. Therefore, the rising capabilities of healthcare spending are driving the growth of the specialty breathable membranes market.
Key Industry Players
Major companies operating in the specialty breathable membranes market report 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 Inc., Nitto Denko Corporation, Pil Membranes Ltd., Rahil Foam Pvt. Ltd., Sympatex Technologies GmbH, Fosroc Inc., Polyfin AG, Cleanese Corporation, Saint-Gobain SA, E. I. du Pont de Nemours and Company, Faitplast S.P.A., Mitsui Chemicals Inc., Sioen Industries NV, DSM Engineering Plastics BV, Fatra AS, Trioplast Industrier AB, Clopay Plastic Products Company Inc., Fiberweb Ltd., GSE Environmental LLC, Johns Manville, GAF Materials Corporation, GCP Applied Technologies Inc., Freudenberg SE, Porex Corporation
The specialty breathable membranes market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
………
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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