Construction Textile Market Set for Rapid Growth And Trend, by 2025
Tents, awnings and marquees are some obvious temporary construction applications of construction textile. Furthermore, construction textiles are frequently used for hoardings, signages, awnings, canopies and roofing material.
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Global Construction TextileMarket: Drivers & Restraints
Expanding infrastructure across the world and demand for innovation is foreseen to drive the demand for construction textile during the forecast period. Growing consumption of construction textile for various applications such soil sealing, ground stabilization, construction of paved and unpaved roads, green roofs and many more, is poised to propel the demand for construction textile over the forecast period.
On other hand, construction textiles are prone to installation damage and their reliability is uncertain which might hamper the growth of the construction textile market. In order to overcome such problems manufacturers are now focusing towards the production of durable, reliable and quality construction textiles.
Global Construction TextileMarket: Segmentation
The global construction textile market is segment on the basis of material used, application and geography.
On the basis of material used in construction textile, the global construction textile market is classified into four segments
On the basis applications, the global construction textile market is classified into four segments
Hoardings and Signages
Awnings and canopies
Roads and Dams
Global Construction TextileMarket: Regional Outlook
Depending on geographic regions, global construction textile market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2014, Asia pacific dominated the global construction textile market in terms of market revenue followed by North America region and is anticipated to grow with a highest CAGR during 2015-2025, compared to that of the other regions. In addition, the growing infrastructure activities and evolving rules and regulations of government are expected to boost the construction textile market in Asia Pacific region.
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Global Construction TextileMarket: Market Players
The Key players operating in global construction textile market are Royal Tencate NV (The Netherlands), Gundle/ SLT Environmental Inc. (GSE) (U.S.), Low & Bonar PLC (U.K.) and Fibertex Nonwoven A/S (Denmark).
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