The construction fabrics market size is expected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%.
The competitiveness in the market is expected to grow gradually in the near future, especially when the there will be considerably increased consumption. Increasing focus on creating high-performance fabrics with durable and aesthetic benefits is the key strategy adopted by the leading players in the construction fabrics market.
The key players operating in the construction fabrics market are Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Saint-Gobain (France), Serge Ferrari (France), Hiraoka & Co. Ltd. (Japan), Endutex Coated Technical Textiles (Portugal), VERSEIDAG-INDUTEX GmbH (Germany), and Hightex GmbH (Germany), among others.
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Sioen Industries NV (Belgium) is one of the largest players in the construction fabrics market. The company claims to be a market leader in integrated coating of synthetic fabrics. This is owed to the unique six coating technique adopted by the company to create world-class quality products. This helps the company to produce superior quality construction fabrics. These factors will enable the company to establish a strong foothold in the construction fabrics market.
Low & Bonar (UK), Serge Ferrari (France), and Saint-Gobain (France) are other prominent players in the construction fabrics market.
Low & Bonar (UK) offers its products under Mehgies, which is the premium product offered under the coated technical textiles division of Low & Bonar. The company claims to produce 53.0 million square meters of coated fabrics for various end-use industries.
Serge Ferrari (France) is engaged in the manufacturing of a range of high-performance fabrics with durable mechanical properties and aesthetics. The company produced construction fabrics are eco-designed and can be recycled via Texyloop. The company operates through three production facilities: one located in France and two in Switzerland.
Saint-Gobain (France) provides construction fabrics under the brand SHEERFILL. With a worldwide network of production and sales operations, Saint-Gobain has years of experience in developing leading polymer solutions. The company has installed over 7 million square meters of fabric structures around the world.
Construction Fabrics Market by Type (PVC, PTFE, ETFE), Application (Tensile Architecture, Awnings & Canopies, Facades), and Region (Europe, North America, APAC, Middle East & Africa and South America) - Global Forecast to 2023
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