Construction Fabrics Market to offer profitable growth during 2020-25 with a healthy CAGR of 8.4%
March 13, 2020
Construction Fabrics Market Overview:
Construction Fabrics Market is likely to witness an impressive CAGR of 8.4% during the forecast period. Large-scale usage of construction fabrics in tensile architecture is accelerating the growth of the construction fabrics market globally. Construction fabrics are also known as architectural membranes and offer durability, energy-efficiency, and aesthetic properties which make them the preferred application by architects and design engineers.
The Diverse Stand Points:
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point gives better understanding of the market. The market of Construction Fabrics has been viewed from various perspectives such as:
- By Type (PVC, PTFE, ETFE, Others)
- By Application Type (Tensile Architecture, Awnings & Canopies, Facades)
- By Region (North America, Europe, Asia-Pacific, and RoW)
Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.
The answers to the prominent questions which are evinced out of above slicing of the market are:
- Which are the best performing segments of the market?
- Which is the most dominant region?
- Who are the movers and shakers of the market?
- What are the regional growth hotspots?
- What are the segmental growth forecasts?
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Construction Fabrics Market Segment Insights:
ETFE: The growth engine
Based on the fabric type, the market is segmented as PVC, PTFE, ETFE, and others. ETFE fabric is likely to register the highest growth in the global construction fabrics market during the forecast period. It is a fluorine-based plastic polymer that is used as a substitute to glass panels. The exceptional properties of ETFE makes it the most-preferred choice by design engineers and architects which drives the growth of this segment.
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Dominance of: The Tensile Architecture Segment
Based on the application type, the market is segmented as tensile architecture, awnings & canopies, facades, and others. The tensile architecture segment is likely to remain the most-dominant application type segment in the market during the forecast period. The growth is attributed to the unique properties such as durability and flexibility which makes it a fit for various large-scale applications.
A highly/moderately/fragment consolidated Market
Some of the key players in the construction fabrics market are Sioen Industries Nv, Sattler AG, Compagnie de Saint-Gobain S.A., Taiyo Kogyo Corporation, Serge Ferrari, Hiraoka & Co. Ltd., Endutex Coated Technical Textiles, and Verseidag-Indutex GmbH.
Regional Hegemony of Asia-Pacific
Asia-Pacific is expected to be the largest market for construction fabrics in the coming five years. China and India are the growth engines of the region. The market is sustained by the aesthetic and functional properties of construction fabrics. Europe is estimated to be the largest market for construction fabrics in the coming five years.
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Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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