Global Construction Fabrics Market

Construction Fabrics Market Size, Share, Growth Analysis, By Material(PVC, PTFE, ETFE, and Others), By Application(Tensile Architecture, Awnings & Canopies, and Facades), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15F2173 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 67

Construction Fabrics Market Insights

Global construction fabrics market size was valued at USD 3.97 billion in 2022 and is poised to grow from USD 4.28 billion in 2023 to USD 7.8 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

Geotextiles utilized in the construction industry are generally known as construction fabrics. The rapidly expanding construction activity around the world is projected to be the key factor driving demand for construction fabrics. construction fabrics are used in construction to add flexibility to the infrastructure while maintaining structural integrity and providing a good aesthetic look as well. Resistance to harsh weather conditions and the self-cleaning abilities of construction fabrics are making them a mainstay for multiple construction applications. These fabrics mostly feature a polymer coating on both sides to improve their durability and strength, while also safeguarding from mechanical damage as well. Increasing house remodeling activity, rising disposable income, and changing the standard of living of people around the world are other prospects that could favor the adoption of construction fabrics going forward.

On the contrary, fluctuations in the pricing of raw materials are estimated to hamper construction fabrics market growth in the long run. Robust infrastructure development activity in developing countries such as Japan, China, India, and Brazil are forecasted to create highly attractive growth opportunities for construction fabric suppliers over the coming years. Meanwhile, high focus on sustainability in European countries could also foster new sales of construction fabrics in the long run.

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construction fabrics market size was valued at USD 3.97 billion in 2022 and is poised to grow from USD 4.28 billion in 2023 to USD 7.8 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

Construction fabric companies are projected to focus on emerging and under-developed economies to maximize their business potential with little effort. Construction fabric suppliers are also targeting developed countries to benefit from the adoption of modern building practices. Construction fabrics market players are also estimated to invest in the R&D of novel fabrics from different materials to maximize their sales. Companies will also focus on incorporating sustainability in their manufacturing and business activities to comply with changing regulations and attract eco-conscious users. 'Serge Ferrari', 'Saint-Gobain', 'IASO', 'Hightex GmbH', 'Novum Membranes GmbH', 'Structurflex', 'Hiraoka& Co. Ltd.', 'Sattler AG', 'Taiyo Kogyo Corporation', 'Seaman Corporation', 'Endutex Coated Technical Textiles', 'Low & Bonar'

Residential and construction activity worldwide is increasing rapidly, and this trend is forecasted to increase demand for different construction materials such as construction fabrics in the future. High investments of governments in infrastructure development are also contributing to the growing construction activity.

Evolving Living Standards in Emerging Countries: Developing countries around the world are witnessing a notable hike in disposable income and this has led to a substantial change in the living standards of people, which in turn, is slated to uplift construction fabric demand. Ease of use and the ability to fast-track construction times are added benefits that promote the use of construction fabrics in emerging economies as they focus on developing their public infrastructure at a rapid pace.

Europe accounts for a sizable share of the construction fabrics market. Growing focus on sustainability has promoted the adoption of modern construction practices and is slated to uplift construction fabric sales in this region. Increasing construction activity and rising disposable income are also other factors that could boost market growth in this region. The United Kingdom, France, and Germany are slated to be the prime markets for construction fabric companies in the future.

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Global Construction Fabrics Market

Report ID: SQMIG15F2173

$5,300
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