December 2, 2021

Construction Fabrics Market size to grow by USD 3.03 Bn | Market Research Insights highlight growth in construction activities as key driver | Technavio

NEW YORK, Nov. 22, 2021 /PRNewswire/ — “Construction Fabrics Market by Type, Application, and Geography – Forecast and Analysis Report…

NEW YORK, Nov. 22, 2021 /PRNewswire/ — “Construction Fabrics Market by Type, Application, and Geography – Forecast and Analysis Report 2019-2023” has been added to Technavio’s offering. The report features Low & Bonar, Saint-Gobain, and Seaman among others as dominant players in the market.

The market witnessed a YOY growth rate of 4.40% in 2019 and will progress at a CAGR of about 5% during the forecast period. The report segments the market by type (PVC, PTFE, ETFE, and others), application (tensile architecture, awnings and canopies, and facades), and geography (APAC, Europe, MEA, North America, and South America).

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years. 

Vendor Insights 

  • The global construction fabrics market is fragmented due to the presence of several global and regional players.
  • Vendors are adopting various strategies to expand their presence and remain competitive in the market.
  • Some vendors are using carbon fibers in construction fibers to enhance strength.
  • Other players are focusing on M&As to strengthen their network and expand their client base. For instance, in March 2018, Serge Ferrari completed the acquisition of Plastitex.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

  • Low & Bonar
  • Saint-Gobain
  • Seaman
  • Sefar
  • Serge Ferrari
  • Sioen Industries

Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read Free Sample Report. 

Geographical Market Analysis 

  • The report analyzes the growth of the construction fabrics market across APAC, Europe, MEA, North America, and South America.
  • Europe will emerge as the largest market for construction fabrics with 31% of the global market share during the forecast period.
  • Factors such as the growth of the construction sector, rising number of residential projects, and the increasing demand for modern and sustainable construction materials is driving the growth of the construction fabrics market in Europe.
  • The report also discusses other regions and key countries that are expected to emerge as prominent markets for construction fabrics during the forecast period.

Know more about this market’s geographical distribution along with the detailed analysis of the top regions. www.technavio.com/report/global-construction-fabrics-market-industry-analysis 

Key Market Drivers & Challenges:

Key driver:

  • The market is driven by the growth of construction activities worldwide.
  • The construction industry is witnessing significant growth in both developing and developed countries worldwide with the increasing number of commercial and residential projects.
  • The growth of the global construction industry has created significant demand for construction materials, including construction fabrics such as ETFE, PTFE, PVC, and others.
  • Also, the durability, malleability, smoothness, and cost-effectiveness offered by construction fabrics is further increasing their demand among end-users.
  • Other major drivers, trends, and challenges are discussed in our full report on the global construction fabrics market.

View free sample for highlights on market Trends & Challenges affecting the construction fabrics market. 

Customize Your Report 

Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now! 

Construction fabrics Market Value Chain Analysis 

It includes the following core components: 

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovations

Related Reports:

Hybrid Fabric Market by End-user and Geography – Forecast and Analysis 2021-2025

Performance Fabric Market by Application and Geography – Forecast and Analysis 2021-2025

Construction Fabrics Market Scope

Report Coverage

Details

Page number

136

Base year

2018

Forecast period

2019-2023

Growth momentum & CAGR

Accelerate at a CAGR of about 5%

Market growth 2019-2023

USD 3.03 billion

Market structure

Fragmented

YoY growth (%)

4.40% in 2019

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

Europe at 31%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Low & Bonar, Saint-Gobain, Seaman, Sefar, Serge Ferrari, and Sioen Industries.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio