Construction Fabrics Market – Global Forecast to 2023
The report [100 pages]"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.
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The construction fabrics market has been classified based on type as PVC, PTFE, ETFE, and others. The ETFE segment of the market is projected to witness the highest CAGR during the forecast period, in terms of value. ETFE is a fluorine-based plastic polymer that is used in the production of innovative and lightweight substitute to glass panels. It has similar light transmission to that of glass but weighs only 1% compared of glass. ETFE has a service life of over 30 years and has superb weather resistance.
Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Construction Fabrics Market, By Type
7 Construction Fabrics Market, By Application
8 Construction Fabrics Market, By Region
9 Competitive Landscape
10 Company Profiles
11 Appendix
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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.
Some of the key players operating in the construction fabrics market are Sioen Industries NV (Belgium), Low & Bonar (UK), Sattler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), Saint-Gobain (France), Hiraoka & Co. Ltd. (Japan), Endutex Coated Technical Textiles (Portugal), VERSEIDAG-INDUTEX GmbH (Germany), and Hightex GmbH (Germany). Competition among these players is high, and they mostly compete with each other on prices and quality of their products, after sale services, and customization of products.
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