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Hygroscopic Building Material Market Size
Hygroscopic Building Material Market size was valued at USD 810 million in 2022 and is estimated to expand at 6.3% CAGR from 2023 to 2032. Hygroscopic materials help regulate humidity levels, preventing excessively dry or damp indoor conditions that can lead to discomfort, respiratory issues, and mold growth. Hygroscopic materials absorb excess moisture during periods of high humidity and release it when the air is drier, helping to prevent condensation, mold, and mildew formation.
Maintaining optimal indoor humidity levels enhances occupant comfort, reduces the risk of allergies, and promotes better respiratory health. Hygroscopic materials can passively regulate indoor humidity levels, potentially reducing the need for energy-intensive dehumidification or humidification systems.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 810 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.3% |
2032 Value Projection: | USD 1.49 Billion |
Historical Data for: | 2018 to 2032 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 190 |
Segments covered: | Type, Adsorption Process, End-use, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Integrating hygroscopic materials with existing building systems and materials may require careful planning. Improper design or installation of hygroscopic materials can lead to moisture-related problems, such as excessive humidity, condensation, and mold growth. Hygroscopic materials require proper maintenance and care to ensure their continued effectiveness in regulating indoor humidity levels.
COVID-19 Impact
Many construction projects were halted or delayed due to labor shortages, supply chain disruptions, and health concerns, affecting the demand for building materials, including hygroscopic materials. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market growth.
Hygroscopic Building Material Market Trends
Increased awareness of indoor air quality and its impact on health has led to a growing demand for hygroscopic materials that regulate humidity and contribute to a healthier indoor environment. Hygroscopic materials align with sustainability goals, as they can passively regulate humidity and reduce the need for energy-intensive HVAC systems, contributing to energy efficiency. The COVID-19 pandemic has underscored the importance of healthy indoor environments, driving interest in materials that support better air quality and occupant wellbeing.
Hygroscopic Building Material Market Analysis
The hygroscopic building material market from inorganic salts segment dominated around USD 205.3 million revenue in 2022. Inorganic salts, such as calcium chloride, lithium chloride, and potassium carbonate, have hygroscopic properties that allow them to absorb moisture from the air, helping to maintain optimal indoor humidity levels.
The physical adsorption process segment accounted for 60% of the hygroscopic building material market share in 2022. Hygroscopic materials using adsorption processes help maintain optimal indoor humidity levels, contributing to occupant comfort and wellbeing.
The hygroscopic building material market from residential segment is anticipated to grow at 6.2% CAGR through 2032. Hygroscopic materials contribute to healthy indoor environments by preventing excessive moisture, mold, and mildew growth.
U.S. hygroscopic building material market size held over USD 170.8 million in 2022. Stringent energy efficiency regulations and goals in North America encourage the use of materials like hygroscopic building materials that passively regulate humidity and reduce HVAC energy consumption.
Hygroscopic Building Material Market Share
Some of the major companies operating in the hygroscopic building material industry are
- Saint-Gobain
- BASF SE
- Rockwool Group
- Knauf Insulation
- CertainTeed Corporation
- Owens Corning
- Dow Inc.
- GCP Applied Technologies
- Johns Manville
- Soprema Group
- Mitsubishi Chemical Corporation
- Parex Group
- Dryvit Systems, Inc.
- Gyproc Saint-Gobain
- Carlisle Companies Inc.
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Hygroscopic Building Material Industry News:
- In June 2021, Fine Chemistry Business adds innovative and manufacturing compatibilities and acquired WR Grace.
This hygroscopic building material market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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Market, By Type
- Inorganic Salts
- Inorganic Minerals
- Natural Materials
- Silica/Silicon Dioxide
- Molecular Sieve
- Others
Market, By Adsorption Process
- Physical
- Chemical
Market, By End-use
- Residential
- Industrial
- Commercial
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
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