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Architectural Fabrics Market Size, Competitive Strategic Insights, Business Trends, Swot Analysis Forecasts By 2026 – Taconic, Serge Ferrari S.p.A., Sioen Industries NV, Low & Bonar PLC

10-26-2021 09:27 AM CET | Industry, Real Estate & Construction

Press release from: StraitsResearch

Architectural Fabrics Market

Architectural Fabrics Market

Architectural Fabrics Market Snapshot:

Against a backdrop of favorable conditions and noteworthy drivers, the architectural fabrics market is expected to witness twofold growth from a value of USD 12.3 billion to USD 23.12 billion between 2019 and 2026 with a staggering CAGR of 8.21%. Asia Pacific is expected to dominate the global architectural fabrics market during the forecast period, owing to the region’s thriving building and construction industry and rehabilitation activities. Surging per capita expenditure, widespread availability of potential consumers, increasing investments by key players, and improving consumer lifestyle are among the prime factors driving market growth in the region.

Architectural fabrics are structural fabrics or construction fabrics used to form tensile surfaces such as awnings & canopies, roofs, and other forms of shelter. Tensile fabric structures use struts and cables for support and bracing and possess specific attributes that enable them to provide solutions to difficult building problems that require innovative and flexible approaches. Architectural fabric designers offer an almost unlimited range of forms and shapes that can be achieved with reasonable design efficiencies. The prime driving factor for the market is the ability of architectural fabrics to create spectacular, inorganic, and curvilinear 3-dimensional shapes. Architectural fabrics used in textiles have a service life of 15 to 30 years, and even greater in some circumstances. Increasing construction, renovation, and refurbishment activities around the globe drive the growth of the global architectural fabrics market.

The tensile membrane structures of architectural fabrics offer several benefits such as high inherent strength, fire protection, extended service life, excellent translucency, acoustical properties, resistance to environmental attacks, and others. Additionally, an enormous range of spanning capability of fabrics further adds to the performance of these materials. Increasing disposable income, especially in developing economies, drives the demand for leisure and travel, which, in turn, is fueling the demand for architectural fabrics. For instance, tensile membrane fabrics are extensively used in the construction of recreational buildings for amusement. According to the Indian Brand Equity Foundation (IBEF), the travel and tourism industry is expected to contribute USD 423.7 billion to India’s GDP by 2026, up from USD 100 billion in 2017 with a CAGR of 6.66%.

Polyvinyl chloride (PVC), polytetrafluoroethylene (PTFE), ethylene tetrafluoroethylene (ETFE), and others are the key types of architectural fabrics considered in this study. The polyvinyl chloride (PVC) segment is expected to dominate the market during the forecast period, owing to PVC’s wide variability. PVC architectural fabrics exhibit exceptional characteristics such as extreme tear-resistance, high flexibility, and steady UV and weather resistance, and thus, they find extensive use in an array of applications.

The key applications of architectural fabrics can be classified into recreational, industrial, agricultural, environmental, and military & government. Among these, the industrial application segment is expected to dominate the market throughout the forecast period, owing to the increasing demand for architectural fabrics in manufacturing facilities. Industrial environments involve exposure to varying harsh circumstances; thus, these applications demand specialty textiles for dry and wet filtration clothing, welding curtains, partition walls, ventilation tubes, high tenacity yarns, and mining ducts.

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The Major Prominent Players Covered in this Report:
Taconic, Serge Ferrari S.p.A., Sioen Industries NV, Low & Bonar PLC, WEATHERPORT SHELTER SYSTEMS LLC, Compagnie de Saint-Gobain S.A., Seaman Corporation, CENO Membrane Technology GmbH, CENO Membrane Technology GmbH,  and Sefar AG.

By Type, Polyvinyl Chloride (PVC),Polytetrafluoroethylene (PTFE),Ethylene Tetrafluoroethylene (ETFE),Others
By Application,Industrial, Agricultural, Recreational, Military and Government, Environmental & More.

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Architectural Fabrics in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Architectural Fabrics market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Architectural Fabrics and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Architectural Fabrics. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

View this report with a detailed description and TOC @ 
https://straitsresearch.com/report/architectural-fabrics-market/toc

Key Questions Answered in The Report:
What will the Architectural Fabrics market growth rate?
What are the key factors driving the global Architectural Fabrics market?
Who are the key manufacturers in the Architectural Fabrics market space?
What are the market opportunities, market risk, and market overview of the Architectural Fabrics market?
What are sales, revenue, and price analysis of top manufacturers of the Architectural Fabrics market?
Who are the distributors, traders, and dealers of the Architectural Fabrics market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Architectural Fabrics Industry?
What are sales, revenue, and price analysis by regions of Architectural Fabrics industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Architectural Fabrics Market Trends:
- The report identifies, determines, and forecasts the Global Architectural Fabrics Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Architectural Fabrics Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Architectural Fabrics Market.

Browse Full Report @ 
https://straitsresearch.com/report/architectural-fabrics-market/

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