The Construction Fabrics Market is expected to grow at a CAGR of 11.17% during the forecast period 2024-2029. The market value was at USD 3.48 billion in 2023, and the value is expected to reach USD 6.57 billion by the end of 2029.
Construction fabrics are technical textiles coated with a polymer that finds high uses in tensile architecture in the construction industry. Construction fabrics are also known as architectural membranes. They are entirely reliable, highly efficient, and aesthetically prominent products that offer flexibility to improve architectural creativity. Construction fabric is also called construction textile and architectural membranes that are employed for construction uses. Construction fabrics are durable, energy-efficient, light in weight, and can repel environmental factors like heat, bad weather conditions, pollution, and chemical harm.
The construction fabrics industry is averagely segmented. Firms are focusing on utilizing carbon fibers in construction fabrics owing to technology developments featuring high properties provided by carbon fibers. By offering a full analysis of the industry’s competitive landscape and with information on the goods provided by the firms, this construction fabrics industry analysis report will let the partners understand the industry potential and design innovative techniques for boosting their place in the industry.
The large-scale use of construction fabrics in tensile architecture is boosting the expansion of the global construction fabrics market worldwide. Construction fabrics are also given the term as architectural membranes and provide durability, energy efficiency, and aesthetic features that make them the preferred use by architects and design engineers. The construction industry in growing economies is showcasing a greater expansion rate than that of the grown economies owing to the escalating number of residential projects. This will drive the worldwide construction fabrics industry at a CAGR of almost 5% throughout the foreseen period. With quickly developing urbanization and industrialization, a rise in construction works is being seen all over the globe. This is a major factor driving high expansion in the global construction fabrics industry. Such a large-scale expansion in the construction industry, both in residential and commercial segments, has led to a positive development in the need for high aesthetics in structures being built. An increasing call for fulfilling these aesthetics in the form of awnings, facades, flexible architecture, and canopies is driving success in the global construction fabrics industry too.
Furthermore, with several construction firms pouring large funds to enhance their services and procedures is predicted to make the industry experience high expansion. Lastly, an escalation in the production capacity of materials needed to build the fabrics in local industries also offers a large impetus to the construction fabrics industry’s expansion. Revenue from the worldwide construction fabrics industry is predicted to develop highly owing to escalating construction works.
REPORT METRIC |
DETAILS |
Market Size Available |
2023-2029 |
Base Year |
2023 |
Forecast Period |
2024-2029 |
CAGR |
11.17% |
Segments Covered |
By Type, Application, and Region. |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
VERSEIDAG-INDUTEX GmbH (Germany), Taiyo Kogyo Corporation (Japan), Sattler AG (Austria), Low & Bonar (UK), Hiraoka & Co. Ltd. (Japan), Serge Ferrari (France), Hightex GmbH (Germany), Saint-Gobain (France), Sioen Industries NV (Belgium), Endutex (Portugal) |
The ETFE sector of the industry is predicted to experience the highest CAGR throughout the foreseen period on the basis of value. ETFE is a fluorine-based plastic polymer that is employed in the manufacturing of innovative and lightweight alternatives to glass panels. It has a similar light transmission to that of glass but weighs only 1% as in comparison to glass. ETFE has a shelf working life of over 30 years and has great weather resistance.
The tensile architecture application sector is predicted to dominate the overall construction fabrics industry throughout the foreseen period, on the basis of value. The tensile architecture provides ease of pre-fabrication, the ability to cover huge spans, and flexibility. They work on the concept of tensile stresses.
The expansion of the European construction fabrics industry can be credited to the call for modern and sustainable construction materials. The functional and aesthetic properties of construction fabrics are furthermore driving their adoption in different tensile architecture uses. The strong construction industry in North America, together with the easy presence of the fabrics, has made the region hold a dominating place in the worldwide construction fabrics industry.
Besides North America, a predominance of green building starts to reduce the harm caused to the environment, while building structures in Europe puts this region in 3rd position in the industry. Nevertheless, a quickly escalating population in dominating economies of Asia Pacific like China, India, Malaysia, and others, is making more construction firms get built in the region. This, on the other hand, has escalated the call of construction fabrics needed for various uses. Asia-Pacific is predicted to be the biggest industry for construction fabrics in the coming few years. China and India are the expansion engines of the region. The industry is held by the aesthetic and functional features of construction fabrics. Europe is predicted to be the biggest industry for construction fabrics in the coming few years.
The major key players in the Global Construction Fabrics Market are VERSEIDAG-INDITEX (Germany), Taiyo Kogyo Corporation (Japan), Sattler AG (Austria), Low & Bonar (UK), Hiraoka & Co. Ltd. (Japan), Serge Ferrari (France), Hightex GmbH (Germany), Saint-Gobain (France), Sioen Industries NV (Belgium), Endutex (Portugal), and others.
Carrington Textiles Company is still continuing to show its commitment to innovation in workwear and will introduce innovative latest fabrics at Techtextil. Made with worker comfort and well-being in thought, Carrington will be showcasing Xtraflex SL with 37.5 Technology, Molveno, and Varese – furthermore being an environmentally friendly addition to Carrington’s famous EOL Stretch Collection.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region