UAE Specialty Breathable Membrane Market
UAE Specialty Breathable Membrane Market Size Expands at CAGR of 6.6% During the Forecast Period
Published | 24 March 2023
UAE specialty breathable membrane market size is flourishing owing to rising demand for breathable membranes in baby diapers and sanitary pads and increasing investments in healthcare R&D and hygiene products.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE specialty breathable membrane market size at USD 29.94 million in 2022. During the forecast period between 2023 and 2029, the UAE specialty breathable membrane market size is projected to grow at a CAGR of 6.56% reaching a value of USD 46.52 million by 2029. The UAE market is expanding as a result of factors, such as increasing adoption of hygiene products, booming healthcare industry, and increased attention to healthcare spending. The market is being stimulated by rising textile demand as well as increased investments in emerging economies' building and construction sectors. Along with an increase in R&D spending, the use of sportswear and footwear applications is another factor contributing to the market expansion.
UAE Specialty Breathable Membrane Market – Overview
Breathability refers to a membrane's ability to transmit moisture through it. Breathable membranes are installed on the outer side of the insulation, such as over or under counter-battens on a pitched roof, to allow water vapor to escape without the need for ventilation. They also keep any water from entering the building, which is usually rain. A breathable membrane is used where water can cause damage because it can transmit moisture through it. Growing demand for a breathable membrane in sanitary napkins and baby diapers, rising disposable income, and an increasing female population are driving profitable growth in the market. The growing investment in research and development for the healthcare sector and hygiene products is expected to fuel the growth of the specialty breathable membrane industry in the coming years.
Opportunity: Increasing demand for hygiene products
The rising surge in demand for hygiene products is one of the key factors driving the growth of the specialty breathable membranes market. Because of safety concerns, the specialty breathable membrane is widely used in moisture-absorbing products. Examples include pharmaceutical and food product packaging. As a result, demand for specialty membranes is expected to rise in tandem with investment in the food and beverage industry.
Challenge: Economic sluggishness and the impact of COVID-19 on the manufacturing industry
The national GDP has shrunk as a result of the closure of several manufacturing industries. The COVID-19 pandemic significantly reduced the demand for industrial applications in 2020. The significant gap between supply and demand exacerbated this effect. Many production processes had to be put on hold due to financial losses while the economy was recovering. The demand for specialized breathable membranes was also lessened by the global decline in manufacturing. The specialty breathable membrane market in the UAE was unable to expand as a result.
UAE Specialty Breathable Membrane Market – By Application
UAE specialty breathable membrane market is segmented by application into Healthcare/Medical, Textile, and Others. The healthcare/medical segment, which currently has a monopoly on the UAE market, is expected to continue to lead the market during the forecasting period due to rising public awareness of hygiene and health safety and increased usage of hygiene products. The growing production of surgical drapes, facemasks, surgical gowns, PPE kits, and other products is driving segment demand. The textile segment is also expanding rapidly in the UAE market. During the forecast period, the segment's growth will be boosted by the population's shifting lifestyles, rising disposable income, and rising millennials' proclivity for sports, the gym, and various types of footwear.
UAE specialty breathable membrane market is fiercely competitive. Major players in the market include Berry Global Group, Schweitzer-Mauduit International, Inc., Covestro AG, Arkema S.A., Toray Industries, and RKW Group. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the UAE specialty breathable membrane market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of UAE Specialty Breathable Membrane Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in UAE Specialty Breathable Membrane Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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- UAE Specialty Breathable Membranes Market - By Product (Polyurethane, PTFE, Thermoplastic Polyester, Thermoplastic Elastomers, Polyester Block Amide, Copolyamide, Others); By Application (Healthcare/Medical, Textile, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Publish Date: March 2023
Rising health consciousness, increased government and private investment, and a rapidly growing population could boost the growth of UAE Specialty Breathable Membranes Market during the forecast period between 2023 and 2029.
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