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Hygroscopic Building Material Market Trends

Report ID: GMI6610
Published Date: Sep 2023
Report Format: PDF

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of hygroscopic building material reached USD 810 million in 2022 and is set to reach USD 1497.1 million by 2032, due to the higher awareness about indoor air quality and its impact on health among consumers worldwide.

The inorganic salts segment recorded USD 205.3 million in 2022, on account of the surging need to absorb moisture from the air and maintain optimal indoor humidity levels.

North America market size was valued at USD 170.8 million in 2022, owing to the presence of stringent energy efficiency regulations and goals in the region.

Saint-Gobain, BASF SE, Rockwool Group, Knauf Insulation, CertainTeed Corporation, Owens Corning, Dow Inc., GCP Applied Technologies, and Johns Manville are some of the major hygroscopic building material companies worldwide.