Dublin, Oct. 12, 2018 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
The construction fabrics market size is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%.
Construction fabrics are coated technical textiles which find usage in architectural and building and construction industry for various applications such as tensile architecture, awnings and canopies, and facades. Construction fabrics help achieve lightweight and futuristic design in architectural applications. The growth of the market is driven by the increasing use in architectural membrane roofs and facades. The emerging economies of the APAC region offer tremendous opportunities in the construction fabrics market due to the increased modern architecture and building & construction activities in the region. However, the availability of inexpensive substitutes restrains the growth of the construction fabrics market.
The PVC construction fabrics segment is expected to lead the overall construction fabrics market in 2018, in terms of value. The use of construction fabrics in architectural membranes and facades enables designers, architects, and engineers to create revolutionary designs. It provides unlimited design flexibility to create immaculate form and iconic structures. The flexibility in design is due to the flexible and lightweight nature of construction fabrics.
PVC fabric is produced in a variety of types to fulfil a wide range of structural pre-requisites for applications in tensile architecture, awnings & canopies, and facades. It undergoes minimal stretch in fluctuating temperatures and humid conditions. The PVC coating process enables the prevention of mildew, stain, and streaking. On account of their superior foldability, they can be used for retractable structures as well.
The APAC construction fabrics market is projected to register the highest CAGR between 2018 and 2023, in terms of value.
The construction fabrics market in this region is fragmented, with the presence of a large number of local manufacturers and global suppliers. Local manufacturers in the 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 applications in awnings & canopies.
End users in the region largely rely on leading construction fabrics manufacturers from other countries for high-end architectural fabrics. The market for construction fabrics in awnings & canopies application in the region is sizable owing to the need for sun-shading structures in many Asian countries.
Some of the key companies profiled in this report are Sioen Industries NV (Belgium), Low & Bonar (UK), Sattler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Construction Fabrics Market
4.2 Construction Fabrics Market, By Type
4.3 Construction Fabrics Market in Europe, By Application and Country
4.4 Construction Fabrics Market, Developed vs. Developing Economies
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Functional and Aesthetic Benefits in Modern Architecture
5.2.1.2 Energy Efficiency
5.2.2 Restraints
5.2.2.1 Easy Availability of Inexpensive Substitutes
5.2.3 Opportunities
5.2.3.1 Growth Potential in Emerging Economies
5.2.4 Challenges
5.2.4.1 Disposal and Recycling of Waste
5.2.4.2 Lack of Experienced Workforce
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Introduction
5.4.2 Trends and Forecasts of GDP
6 Construction Fabrics Market, By Type
6.1 Introduction
6.2 PVC
6.3 PTFE
6.4 ETFE
6.5 Others
7 Construction Fabrics Market, By Application
7.1 Introduction
7.2 Tensile Architecture
7.3 Awnings & Canopies
7.4 Facades
8 Construction Fabrics Market, By Region
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 France
8.2.3 UK
8.2.4 Russia
8.2.5 Rest of Europe
8.3 North America
8.3.1 US
8.3.2 Canada
8.3.3 Mexico
8.4 APAC
8.4.1 China
8.4.2 Japan
8.4.3 Australia
8.4.4 India
8.4.5 Rest of APAC
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 UAE
8.5.3 Rest of the Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America
9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking
10 Company Profiles
- Endutex Coated Technical Textiles
- Hightex GmbH
- Hiraoka & Co. Ltd.
- Low & Bonar
- Saint-Gobain
- Sattler AG
- Serge Ferrari
- Sioen Industries Nv
- Taiyo Kogyo Corporation
- Verseidag-Indutex GmbH
For more information about this report visit https://www.researchandmarkets.com/research/7fk6pn/global_2_26?w=12
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.