Construction Fabrics Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2023Chemicals ResearchUpdated on Oct 11, 2023 View more like this | Visit NORTHBROOK, IL | Contact Rohit |
The report "Construction Fabrics Market by Type (PVC, PTFE, ETFE), Application (Tensile Architecture, Awnings & Canopies, Facades), and Region (Europe, North America, APAC, Middle East & Africa and South America) - Global Forecast to 2023" The construction fabrics market is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9%. The growth of the construction fabrics market can be attributed to the increased demand for construction fabrics in tensile architecture, awnings & canopies, and facades applications across the globe. Construction fabrics are polymer coated, high-performance, durable, and resilient architectural membrane materials which are finding increased usage in the building and construction Industry. These fabrics exhibit self-cleaning characteristics and are resistant to harsh weather conditions.
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Browse 64 market data Tables and 30 Figures spread through 100 Pages and in-depth TOC on "Construction Fabrics Market”
Tensile architecture application is estimated to account for the largest share of the construction fabrics market in 2018, in terms of value.
The tensile architecture application is estimated to account for the largest share of the construction fabrics market in 2018, in terms of value. Construction fabrics are used in various applications, ranging from tensile architecture to facades. Tensile architecture is a tensioned membrane structure which includes membranes, tensioned cables, and steel structures. Construction fabrics are finding extensive usage in tensile architecture owing to their superior characteristics. Globally, there is an increased acceptance of tensile structures as modern building techniques owing to their numerous advantages over conventional buildings or structures. These factors are expected to propel the market for construction fabrics in tensile architecture applications.
APAC construction fabrics market is projected to witness the highest CAGR during the forecast period, in terms of value.
The construction fabrics market has been studied for Europe, North America, APAC, the Middle East & Africa, and South America. The APAC construction fabrics market is projected to register the highest CAGR during the forecast period, in terms of value. The increasing installation of awnings & canopies in the APAC region is expected to significantly drive the construction fabrics market in the region between 2018 and 2023.
China and India are witnessing increased demand for construction fabrics, which is projected to continue in the future as well. Moreover, there is a significant increase in the use of construction fabrics in various applications such as tensile architecture, awnings & canopies, and facades. The construction fabrics market in this region is fragmented with the presence of a large number of local manufacturers and suppliers. Local manufacturers in this region are mostly engaged in producing PVC based construction fabrics for architectural and building & construction applications. This is largely due to the low cost of PVC based construction fabrics which finds extensive application in awnings & canopies.
Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others, are the key players operating in the construction fabrics market.
Sioen Industries NV (Belgium) is one of the largest players in the construction fabrics market. The company claims to be a market leader in integrated coating of synthetic fabrics. This is owed to the unique six coating technique adopted by the company to create world-class quality products. This helps the company to produce superior quality construction fabrics. These factors will enable the company to establish a strong foothold in the construction fabrics market.
Low & Bonar (UK), Serge Ferrari (France), and Saint-Gobain (France) are other prominent players in the construction fabrics market.
Low & Bonar (UK) offers its products under Mehgies, which is the premium product offered under the coated technical textiles division of Low & Bonar. The company claims to produce 53.0 million square meters of coated fabrics for various end-use industries.
Serge Ferrari (France) is engaged in the manufacturing of a range of high-performance fabrics with durable mechanical properties and aesthetics. The company produced construction fabrics are eco-designed and can be recycled via Texyloop. The company operates through three production facilities: one located in France and two in Switzerland.
Saint-Gobain (France) provides construction fabrics under the brand SHEERFILL. With a worldwide network of production and sales operations, Saint-Gobain has years of experience in developing leading polymer solutions. The company has installed over 7 million square meters of fabric structures around the world.
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