What Factors Propelled The Growth Of The Construction Fabrics Market In The Past?
The construction fabrics market has seen considerable growth due to a variety of factors.
•The market size of construction fabrics has seen robust growth lately. It is projected to increase from $5.57 billion in 2024 to $5.94 billion in 2025, experiencing a compound annual growth rate (CAGR) of 6.7%.
Factors contributing to this growth in the historic period include the surge in infrastructure development, environmental considerations, patterns of urbanization, government directives, and cost-effectiveness.
What Is The Projected Growth And Market Size For The Construction Fabrics Sector?
The construction fabrics market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for construction fabrics is projected to exhibit considerable growth in the approaching years, reaching "$7.78 billion by 2029 with a compound annual growth rate (CAGR) of 7.0%.
The expansion during the projection period can be linked to the integration of smart fabric, increasing emphasis on resilience, development in growing areas, advancements in sustainable materials, and revival of large-scale projects. Key trends for the forecasted period encompass the digital transformation of construction methods, customization and design adaptability, combined research and development efforts, high-strength and lightweight textile materials, along with the inclusion of smart fabrics and technology.
What Factors Are Driving Growth In The Construction Fabrics Market?
The surging construction activities are predicted to accelerate the growth of the construction fabrics market in the future. These activities utilise cutting-edge techniques, materials, and technologies to create buildings, infrastructure, and other structures. The construction textiles, being lighter than conventional building materials, simplify transportation and installation process, making them handy in construction. They offer the construction industry lightweight, durable, and adaptable materials for construction purposes. For instance, the United States Census Bureau, a main agency of the Federal Statistics System in the US, reported that the construction expenditure in February 2023 was estimated to reach $1,844.1 billion, an increase from $1,753.1 billion in February 2022. Furthermore, the total construction spending in the initial two months of 2023 was $260.8 billion, up from $246.1 billion in the corresponding period in 2022. Additionally, in March 2023, according to the same agency, the number of private housing units approved by building permits in February tallied 1,524,000 on a seasonally adjusted annual basis, indicating a 13.8% increase from the revised January rate of 1,339,000. Hence, the escalating construction activities are fuelling the growth of the construction fabric market.
What Are The Main Segments Of The Global Construction Fabrics Market?
The construction fabrics market covered in this report is segmented –
1) By Type: Woven, Non-Woven, Other Types
2) By Material: Polyester, Nylon, PTFE (Polytetrafluoroethylene), Cotton, Silicone Glass, ETFE (Ethylene Tetrafluoroethylene), Other Materials
3) By Application: Acoustic Fabric, Tensile Architecture, Awnings And Canopies, Other Applications
Subsegments:
1) By Woven: Plain Woven Fabrics, Twill Woven Fabrics, Satin Woven Fabrics,
2) By Non-Woven: Spunbond Non-Woven Fabrics, Meltblown Non-Woven Fabrics, Needlepunch Non-Woven Fabrics,
3) By Other Types: Knitted Fabrics, Composite Fabrics, Coated Fabrics.
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What Emerging Trends Are Influencing The Growth Of The Construction Fabrics Market?
The advancements in technology are increasingly becoming a major trend in the construction fabric sector. To maintain their competitiveness, companies in this realm are adopting innovative technologies. For example, in October 2022, a well-known US-based chemical firm, DuPont de Nemours Inc., in conjunction with Seaman Corporation, a notable American producer of high-end textiles, unveiled a new architectural fabric known as Shelter-Rite high light transmission construction fabric. This product is created using the translucent Tedlar PVF (Polyvinyl fluoride) film. This next-level architectural fabric is particularly optimal for need of natural light in places like sports arenas, greenhouses, and event spaces. The use of Tedlar, known for its supreme weather-resistance and dirt-repelling capabilities, ensures the sustainment of architectural fabric structures' aesthetics and longevity, even under adverse conditions. It provides ample protection against ultraviolet (UV) radiation, moisture, rainfall, and pollution.
Who Are the Key Players in the Construction Fabrics Market?
Major companies operating in the construction fabrics market include:
• Sioen Industries NV
• Low & Bonar plc
• Sattler AG
• Taiyo Kogyo Corporation
• Serge Ferrari SA
• Saint-Gobain SA
• Hiraoka & Co. Ltd.
• Endutex Coated Technical Textiles SA
• Verseidag-Indutex GmbH
• Hightex GmbH
• Seaman Corporation
• EREZ Thermoplastic Products
• Nandan Denim Ltd.
• BASF SE
• Dow Inc.
• DuPont de Nemours Inc.
• Ashland Inc.
• Dongwon Industry Co.
• Seele Inc.
• Sefar AG
• Novum Membranes GmbH
• Freudenberg SE
• Toray Industries Inc.
• Teijin Limited
• Milliken & Company
• Ahlstrom-Munksjö OyJ
• Berry Global Inc.
• Heytex Group
• Obeikan Technical Fabrics Co.
• Herculite Products Inc.
What Is The Most Dominant Region In The Construction Fabrics Market?
Europe was the largest region in the construction fabrics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global construction fabrics market during the forecast period. The regions covered in the construction fabrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
