With the emergence and long-term Impact of COVID-19, Global Construction Fabrics Market to reach USD 15.08 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Construction Fabrics Market points towards a potential rise to USD 15.08 billion by 2030. Construction fabrics are a type of material used in the construction industry for a variety of purposes. These fabrics are designed to provide specific properties and characteristics that enhance the durability, strength, and functionality of various construction projects. They can be made from natural or synthetic fibers and are typically engineered to meet the unique demands of construction applications. The Construction Fabrics market is expanding because of factors such as rising infrastructure development, growing construction industry and rising demand for eco-friendly construction materials.
Geographically, the global Construction Fabrics market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia Pacific dominated the market in terms of revenue, owing to the rising construction industry, rising urbanization, rising government investment for construction activities in the region, rising development of industrial buildings and rising development of green buildings in the region. Whereas, Europe is expected to grow with the highest CAGR over the forecast period, owing to factors such as rising product development, initiatives for the development of green buildings, and rising industrialization in the region.
The global Construction Fabrics market is highly competitive owing to the presence of several key players such as Seaman corporation Endutex Coated Technical Textiles Sioen Industries NV Serge Ferrari Group TAIYO KOGYO CORPORATION HIRAOKA & Co, Ltd EREZ Thermoplastic Products Agriculture Cooperative Association Ltd Freudenberg SE Saint-Gobain Sattler AG, and others.
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Key findings of the study suggest:
- Global Construction Fabrics Market is anticipated to grow with a healthy growth rate of more than 4.0% over the forecast period 2023-2030.
- In the Material segment, ETFE emerged out as the leading market segment in 2022.
- Asia Pacific is anticipated to drive regional growth owing to rising construction industry in the region.
- Europe is expected to grow at higher rate owing to growing initiatives for the development of green buildings in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Woven
- Non-Woven
- Others
By Material:
- Polyester
- Nylon
- PTFE
- Cotton
- Silicone Glass
- ETFE
- Others
By Application:
- Acoustic Fabric
- Tensile Architecture
- Awnings and Canopies
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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