Tarpaulin Sheets Market Expected to Expand at a CAGR 4.4% over the Forecast Period

The global market for tarpaulin sheets was valued at US$ 7,012.2 million in 2017. The market is expected to expand at a CAGR of 4.4% over the forecast period.

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Tarpaulin, or tarp, has established itself as a prevalent source of low-cost water resistant fabric. Tarpaulin sheets are the most preferred and globally accepted solution to protect products from harmful environmental conditions, such as rain, snow, dust, direct exposure to sunlight and others. Moreover, tarpaulin sheets are also used to cover agricultural warehouses in the construction industry, for the construction of camping tents and much more. Today, different types of tarpaulins are commonly made from materials, such as HDPE, PVC, nylon and cotton canvas, etc. Export from various industries has witnessed a hike over the last decade owing to the rise in urbanization. As a result, the tarpaulin sheets market is expected to further expand at a considerable pace.

The Building & Construction end use segment of the global tarpaulin sheets market was valued at US$ 1,731.2 million in 2017 and is expected to expand at a CAGR of 4.0% over the forecast period.

Drivers & Restraints

Revenue for the global tarpaulin sheets market is driven by growth in end use sectors, such as agriculture, building & construction, automotive and other industries. Moreover, growing applications of tarpaulin sheets in transportation & logistics sector has led to the growth of the global tarpaulin sheets market owing to speedy development of modes of transit, especially in emerging economies. Also, the probability of the introduction of an immediate alternative for tarpaulin sheets in the market is considerably low. In addition, tarpaulins sheets form a major source of brand promotion as well as advertisement. All these factors are projected to drive the global tarpaulin sheets market over the forecast period.

However, tarpaulin sheets are not immensely dependable and even a moderate penetrating force can damage the sheet. With time, tarpaulins sheets wear out and lose their waterproofing capabilities due to the development of tiny holes. Moreover, new tarps often leak at seams and/or around improperly attached grommets.

Market Taxonomy

The global market for tarpaulin sheets is segmented based on material type, product type, product weight, lamination type and end use.

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By Material Type

The Polyethylene (PE) segment of the tarpaulin sheets market is expected to drive the global market, by value. Among Polyethylene (PE) material sub-segment, the high density polyethylene (HDPE) sub-segment of tarpaulin sheets is highly used. Moreover, in terms of growth, tarps made of poly vinyl chloride (PVC) are expected to be the most attractive market segment over the forecast period.

By Product Type

Insulated Tarps
Hoarding Tarps
Truck Tarps
UV Protected Tarps
Sports Tarps
Mesh Tarps
Others
By Product Weight

Less than 100 GSM
Between 100 to 300 GSM
Between 300 to 600 GSM
Above 600 GSM
By Lamination Type

Upto 2 Layers
3 Layers Laminate
4 Layers Laminate
Above 4 Layers
By End Use

Agriculture
Building & Construction
Automobiles
Storage, Warehousing & Logistics
Consumer Goods
Others
Competitive Landscape

Key players operating in the global market for tarpaulin sheets include Tan Dai Hung Plastic JSC., Gia Loi JSC., Tu Phuong Tarpaulin, KSA Polymer, K-TARP VINA Co. Ltd., VIETNAM HOA HA CO. LTD., Fulin Plastic Industry Co., Ltd., C&H Tarps Co., Ltd., Veer Plastics, Bag Poly International, Maha shakti Polycoat., Tara Tradelink, Canadian Tarpaulin Manufacturers LTD., Cunningham Covers., J Clemishaw 1870 Ltd., Tarpaulins Direct (UK) Limited., I & M Tarpaulins Ltd., Rhino UK., Del Tarpaulins Ltd., Telford Tarpaulins Limited., Polytex S.A., B&B Tarpaulin Sheets LLC., A & B Canvas Australia, Darling Downs Tarpaulins, Marson Industries Pty Ltd., JK Plastopack Pvt Ltd., German Hanger, Dolphin Impex, Rainproof Exports Pvt. Ltd., Zhejiang MSD New Material Co., Ltd., Shantou Wanneng Industrial Co., Ltd., and Qingdao SG Global Packaging Co., Ltd.

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