Global Construction Fabrics Market intelligence with competitive landscape in 2023
[100 Pages Report] Construction Fabrics Market was valued at USD 1.36 billion in 2017 and is projected to reach USD 2.26 billion by 2023, at a CAGR of 9.0% from 2018 to 2023. In this report, 2017 has been considered as the base year and the forecast period considered is for the period between 2018 and 2023.
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Premium Insights of the report:
- Attractive Opportunities in the Construction Fabrics Market
- Construction Fabrics Market, By Type
- Construction Fabrics Market in Europe, By Application and Country
- Construction Fabrics Market, Developed vs. Developing Economies
Construction fabrics are polymer coated high performance, extra durable, and resilient architectural membrane materials which are finding increased use in the building and construction Industry. They are also heat-proof, possess long-term UV-resistance, and have an exceptionally long service life. These polymer coated construction fabrics are made of high strength inner fabric or mesh onto which a protective polymer coating is applied on both the sides. This helps in resisting moisture, heat, and air transfer, which safeguards the fabric from mechanical and chemical damage.
On the basis of type, the market is segmented into PTFE, PVC, ETFE, and others. The PVC segment accounts for the largest share of the overall construction fabrics market. As PVC coated fabrics exhibit great efficiency and are low-cost, it is widely used as construction fabric in the building & construction industry. ETFE construction fabric is projected to witness the highest CAGR between 2018 and 2023. ETFE fabric has the ability to self-clean due to its non-stick surface. It is 100% recyclable, which makes it a preferred choice in façade applications. Moreover, ETFE fabrics are cost-effective and are considered to be an effective alternative to glass. They are used extensively in building & construction applications. Tensile architecture was the largest application of construction fabrics in 2017 and is expected to remain so during the forecast period. Tensile architecture is a tensioned membrane structure which involves the use of membranes, tensioned cables, and steel structures. Tensile architecture offers ease of pre-fabrication, ability to cover large spans, and flexibility. The growing usage of construction fabrics in tensile architecture is owed to the increased construction of sports centers, arenas, and commercial and industrial spaces.
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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