A recent report published by Infinium Global Research on architectural fabric market provides an in-depth analysis of segments and sub-segments in the global as well as regional architectural fabric market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional architectural fabric market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global architectural fabric market. According to the report, the global architectural fabric market is projected to grow at a CAGR of 9.15% over the forecast period of 2019-2025.
Architectural fabric is a form of building that can almost be considered a contradiction in terms. Fabrics represent some of the lightest artifacts made by humanity and yet, buildings represent some of the heaviest. Because of their lightweight nature, fabrics are also flexible and mobile, whilst buildings at least in their traditional sense, are solid and permanent. It is most usually in the form of the tent, a suspended architectural form redolent with the image of nomadism and mobility. Usually, it is thought of as a small- scale structure to be used for temporary shelter by a small number of people. However, the contemporary tent, due to advance in materials, construction and erection technologies, can be enormous in scale, can be used for many diverse functions and is capable of accommodating many thousands of people engaged in multiple activities.
Global architectural fabric market is primarily driven by rising demand for architectural fabrics in awnings & canopies, facades, and tensile architecture applications in the global market. Moreover, architectural fabrics are high-performance, resilient architectural, durable, and polymer-coated membrane materials which are finding various application in the construction and building industry is expected to fuel the market growth in the near future. However, the easy availability of cost-effective substitutes and lack of experienced workforce are expected to hinder the demand of global architectural fabric market. Nonetheless, Rapid demand from emerging economy and growing construction industry in developing countries is expected to create a new opportunity for global architectural fabric market.
On the basis of region, the global architectural fabric market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Architectural fabrics are registered the highest CAGR during the forecast period (in terms of value). The increasing installation of canopies & awnings in the Asia Pacific region is expected to drive significantly drive the architectural Fabric market in the region between 2018 and 2023. The architectural application is estimated to account for the largest share of the architectural fabric market in 2018. India and China are witnessing increased demand for architectural Fabrics, which is estimated to continue in the future also. The architectural Fabrics market in this region is fragmented with the presence of a large number of local manufacturers and suppliers. Local manufacturers in this region are mostly engaged in producing PVC based fabrics for architectural building and applications. This is largely due to the low cost of PVC based fabrics.
The report on global architectural fabric market covers segments such as type and application. On the basis of type, the sub-markets include PTFE, PVC, and ETFE. On the basis of application, the sub-markets include awnings & canopies, tensile architecture, and facades.
The report provides profiles of the companies in the market such as Sioen Industries NV, Sattler AG, Saint-Gobain, Taiyo Kogyo Corporation, Low & Bonar, Hightex GmbH., Serge Ferrari, Hiraoka & Co. Ltd., VERSEIDAG-INDUTEX GmbH, and Endutex Coated Technical Textiles.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of architectural fabric market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.