Construction Fabrics Market | Top Driving Factors, Trends and Forecast
The global construction fabrics market expected to
witness a CAGR of almost 5% during the forecast period. Certain factors that
are driving the market growth include growing construction activities,
increasing demand for PVC fabrics, and the benefits of using construction fabrics. To
know more about the driving factors in Construction
Fabrics Market download the free sample report below.
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Construction fabrics such as ETFE, PVC, PTFE, and
others offer excellent durability, smoothness, and malleability. Their use in
the construction industry will increase as they enhance cost-effectiveness of
construction. The construction industry in the emerging markets is expected to
witness a higher growth rate than that of the advanced economies, owing to the
increase in the number of residential projects due to continuous population
growth.
Hence, the growing construction activities are expected
to fuel the growth of the construction fabrics market during the forecast
period.
Textile reinforced concrete (TRC) is a composite of the material in which fabrics are used as reinforcement to bring significant loads
in tension that can further be used in thin cross-sections. They are used in
the construction of bridges, arenas, parking garages, houses, silos, towers,
and other infrastructures.
TRC is used to eliminate the drawbacks of concrete
structures such as corrosion. The advantages of TRC such as high efficiency,
easily processed, and corrosion resistance is leading to the increasing use of
TRC, which is expected to be one of the key trends in the global construction
fabrics market.
As per the latest report published by Technavio the
construction fabrics market size will grow by USD 3.03 billion during
2019-2023. This report offers an analysis of the market based on the type
(PVC, PTFE, ETFE, and others) and application (tensile architecture, awnings
and canopies, and facades).
The construction fabrics market research report
further presents in-depth insights into the growth prospects of the market
across APAC, Europe, North America, MEA, and South America. The report also
provides an analysis of the market’s competitive landscape and offers
information on several companies including Low & Bonar, Saint-Gobain, Seaman,
Sefar, Serge Ferrari, and Sioen Industries.
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