Global Construction Fabrics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2028
“Global Construction Fabrics Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global construction fabrics market report has been segmented on the basis of type, application, and region.
Global Construction Fabrics Market: Overview
Construction fabric is also known as construction textile and architectural membranes, which are used for construction purposes. Construction fabrics are durable, energy-efficient, lightweight, and can resist environmental factors such as heat, bad weather conditions, pollution, and chemical damages. These textiles are used in various applications such as hoardings, awnings & canopies, tensile construction, and facade.
Global Construction Fabrics Market: Market Dynamics
Revenue from the global construction fabrics market is projected to expand significantly due to increasing construction activities. In addition, increasing focus on home renovations and remodeling activities and shifting preference towards aesthetic benefits in modern architecture are among other factors projected to drive growth of the global construction fabrics market. Growing demand for construction of eco-cities and commercial infrastructures with vertical gardens and green roofs for conservation of environment is expected to drive global construction fabrics market. Furthermore, increasing disposable income, rising need for accommodation development, and favorable government initiatives such as development of smart cities are factors expected to boost growth of the target market.
A major factor that can hamper market growth to a significant extent is easy availability of inexpensive substitutes. In addition, stringent regulations and statutes regarding disposal and recycling of waste may hamper growth of the target market.
An approach to track the untapped market by prominent manufacturers is a factor expected to offer lucrative opportunity for market growth. Recent trend observed in the target market is manufacturers are engaged in producing construction fabrics with different materials for architectural and construction applications.
Global Construction Fabrics Market: Segment Analysis
Among the type segments, the ethylene tetrafluoroethylene segment is projected to register a significant revenue growth rate in the market in the next 10 years. Increasing demand for ethylene tetrafluoroethylene polymer in building textiles owing to its excellent radiation, chemical and electrical resistance properties is a factor projected to drive segment growth in the near future.
Among the application segments, the tensile architecture segment is expected to hold a significant revenue share in the market in the near future owing to its durability, and flexibility properties.
Global Construction Fabrics Market: Region Analysis
Europe construction fabric market is projected to register significant revenue share in the global market, followed by North America. This is attributed to renovations and remodeling activities, green building initiatives to minimize environment concerns while constructing structures. The construction fabrics market in Asia Pacific is projected to grow at a significant rate in the next coming years owing to growing construction activities and increasing use of construction fabrics in various applications such as awnings & canopies, tensile architecture, and facades. In addition, increasing demand for innovative and modern construction materials and presence of major players in the region are some factors expected to drive growth of the Asia Pacific market. Easy availability of the fabrics and growing infrastructure activities expected to boost the construction textile market in Asia Pacific.
Global Construction Fabrics Market Segmentation:
Segmentation by Type:
- Polyvinyl Chloride (PVC)
- Polytetrafluoroethylene (PTFE)
- Ethylene Tetrafluoroethylene (ETFE)
Segmentation by Application:
- Tensile Architecture
- Awnings & Canopies
- Orthers (scaffolding nets, hoardings and signages, roads and dams)
Segmentation by Region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Sioen Industries
- Low & Bonar
- Sattler AG
- Compagnie de Saint-Gobain S.A.
- Taiyo Kogyo Corporation
- SergeFerrari Group
- Hiraoka & Co. Ltd
- Endutex Coated Technical Textiles
- Verseidag-Indutex GmbH
- Hightex GmbH
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