Construction Fabrics Market Revenue USD 2.26 Billion by 2023

 The report "Construction Fabrics Market size is expected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%. The competitiveness in the market is expected to grow gradually in the near future, especially when the there will be considerably increased consumption. Increasing focus on creating high-performance fabrics with durable and aesthetic benefits is the key strategy adopted by the leading players in the construction fabrics market.

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Browse 64 market data Tables and 30 Figures spread through 100 Pages and in-depth TOC on "Construction Fabrics Market”

 

The tensile architecture application is estimated to account for the largest share of the construction fabrics market in 2018, in terms of value. Construction fabrics are used in various applications, ranging from tensile architecture to facades. Tensile architecture is a tensioned membrane structure which includes membranes, tensioned cables, and steel structures. Construction fabrics are finding extensive usage in tensile architecture owing to their superior characteristics. Globally, there is an increased acceptance of tensile structures as modern building techniques owing to their numerous advantages over conventional buildings or structures. These factors are expected to propel the market for construction fabrics in tensile architecture applications.

The construction fabrics market has been studied for Europe, North America, APAC, the Middle East & Africa, and South America. The APAC construction fabrics market is projected to register the highest CAGR during the forecast period, in terms of value. The increasing installation of awnings & canopies in the APAC region is expected to significantly drive the construction fabrics market in the region between 2018 and 2023.

https://www.prnewswire.com/news-releases/construction-fabrics-market-worth-2-26-billion-by-2023-exclusive-report-by-marketsandmarkets--820313717.html

Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others, are the key players operating in the construction fabrics market.

Low & Bonar (UK), Serge Ferrari (France), and Saint-Gobain (France) are other prominent players in the construction fabrics market.

Low & Bonar (UK) offers its products under Mehgies, which is the premium product offered under the coated technical textiles division of Low & Bonar. The company claims to produce 53.0 million square meters of coated fabrics for various end-use industries.

Serge Ferrari (France) is engaged in the manufacturing of a range of high-performance fabrics with durable mechanical properties and aesthetics. The company produced construction fabrics are eco-designed and can be recycled via Texyloop. The company operates through three production facilities: one located in France and two in Switzerland.

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