Construction Fabrics Market - Forecast(2024 - 2030)

Construction Fabrics Market Overview

The Construction Fabrics Market size is estimated to reach US$5.8 billion by 2027, after growing at a CAGR of 7.7% during the forecast period 2022-2027. Construction fabrics are high-performance fabrics and polymer-coated architectural membrane materials that offer superior performance and long-lasting properties. The materials such as polyvinyl chloride, ethylene tetrafluoroethylene, polytetrafluoroethylene and others are coated on the fabrics for maximum strength, weight reduction, chemical resistance and efficiency in harsh conditions. These fabrics have major applications in the construction sector for unpaved and paved roads, green roofs, facades and others, which is boosting their demand. Moreover, the rise in residential construction activities and projects across the world is propelling the growth prospects in the Construction Fabrics Market. Government investments in construction and infrastructural projects are fueling the building & construction sector, which is also a driving factor in the construction fabrics industry. The covid-19 outbreak resulted in a major hamper for the Construction Fabrics Market due to the closure of construction sites, the rising gap between supply chain and demand, logistics disturbances other lockdown regulations. However, a significant recovery in building & construction projects across the world is boosting the demand for construction fabrics for various applications in paved and unpaved roads, green roofing, awnings and canopies and others; thereby anticipated to boost the Construction Fabrics Market size during the forecast period.

Construction Fabrics Market Report Coverage

The “Construction Fabrics Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Construction Fabrics industry.

Key Takeaways

• Europe dominates the Construction Fabrics Market, owing to the growing building & construction sector, including infrastructure, residential, commercial and industrial, along with advancements in renovation and remodeling, thereby propelling the growth of construction fabrics in this region.
• The growing residential sector across the world is propelling the demand for Construction Fabrics for various applications involving facades, green roofs and others, thereby contributing to the growing Construction Fabrics Market size.
• The demand for ethylene tetrafluoroethylene is high compared to polyvinyl chloride, polytetrafluoroethylene and others due to comparatively more tensile strength, less weight and demand for major architectural and construction activities.
• However, the availability of substitutes and strict regulation by the government for waste disposal act as a major challenge for the construction fabrics industry.

Construction Fabrics Market Segment Analysis – by Material Type

The ethylene tetrafluoroethylene (ETFE) segment held the largest Construction Fabrics Market share in 2021 and is forecasted to grow at a CAGR of 7.9% during the forecast period 2022-2027. The growth scope for ethylene tetrafluoroethylene (ETFE) is high owing to superior features such as increased tensile strength in comparison to polytetrafluoroethylene (PTFE), preferable for injection molding procedures, lightweight and self-cleaning properties, thereby has an advantage over polyvinyl chloride, polypropylene and other material types. The ETFE is a fluorine-based polymer and is increasingly used as a lightweight replacement for a conventional glass panel in construction. Ethylene tetrafluoroethylene has significant demand in modern architectural designs and residential construction, which acts as a growth-boosting factor. Thus, owing to superior features and high applicability in architecture, the ethylene tetrafluoroethylene (ETFE) material type segment is anticipated to grow rapidly during the forecast period.

Construction Fabrics Market Segment Analysis – by End-use Industry

The residential construction segment held a significant Construction Fabrics Market share in 2021 and is forecasted to grow at a CAGR of 8.2% during the forecast period 2022-2027. The construction fabrics have major demand in the construction sector for a wide range of applications involving roofing, facades, drainage and others. The residential sector is rapidly growing owing to growth factors such as rising initiative for residential housing projects, demand for renovation and remodeling, modular construction technology and urbanization. For instance, according to the National Investment Promotion & Facilitation Agency, the construction sector in India is projected to reach US$ 1.4 trillion by the year 2025. According to Oxford Economics, the global construction output in 2020 accounted for US$ 10.7 trillion and is projected to grow by 42% to reach USD 15.2 trillion between 2020 and 2030. According to the U.S. Census Bureau, the total residential construction in the US increased from US$797.728 in May 2021 to US$947,272 in May 2022. With the established base for residential construction activities, the applicability of construction fabrics for green roofs, facades, architecture and others is rising, which, in turn, is projected to boost the growth of the residential construction sector in the Construction Fabrics Market during the forecast period.

Construction Fabrics Market Segment Analysis – by Geography

Europe held the largest Construction Fabrics Market share in 2021 up to 45%. The significant growth scope for construction fabrics in this region is influenced by factors such as the growing construction sector, including residential, architectural, commercial and infrastructural. The construction industry in Europe is flourishing due to rising demand for sustainable and modern materials, expansion of the construction sector and growth in remodeling and renovation activities. For instance, according to the Office for National Statistics, the monthly construction output in Great Britain rose by 1.1% in volume in January 2022, also marking an increase of 2.0% in December 2021. According to European Construction Industry Federation (FIEC), construction activity increased by 10.3% in volume in France for the year 2021 compared to 2020. Furthermore, housing activity is estimated to increase by 7.3% in 2022. With the increase in construction expansion and development of smart and modular building technologies, the demand for construction fabrics as a modern construction material is rising for canopies, facades, green roofs and others, which, in turn, is projected to boost the growth for Europe in the construction fabrics industry during the forecast period.

Construction Fabrics Market Drivers

Rise in Renovation and Remodeling Activities:

The renovation and remodeling activities in the building and construction sector are growing rapidly. This is due to factors such as esthetic appearance trends, modular and modern architectural designs and rising income. The renovation activities for the residential sector and commercial sector are experiencing significant growth owing to factors such as demand for home improvement projects, reconstruction activities and urbanization. For instance, according to the Make in India campaign, the Union Minister of Power sanctioned US$22.5 crores for reconstruction and restoration projects in 478 schools and 8 districts of Uttarakhand in 2021-22. With the increase in renovation and remodeling projects in construction, the applicability of construction fabrics in architecture tensile structures, green roofing, canopies and others is growing, which acts as a driving factor in the construction fabrics industry.

Bolstering Growth of Commercial & Infrastructural Sector:

Construction Fabrics have flourishing demand in the commercial & infrastructural sector for a wide range of applications involving woven monofilament geotextile for architecture tensile structures, paved and unpaved roads, roofs and others. The commercial & infrastructure industry has significant growth in the market due to growth factors such as a rise in foreign direct investment for infrastructural projects such as public spaces, sports stadiums, highways, bridges and others, growing advancement and remodeling in commercial spaces and urbanization trends. For instance, according to National Investment Promotion & Facilitation Agency, under NIP 2019-2025, an investment budget of US$1.4 trillion was allocated, with 19% on highways and roads, 16% on urban infrastructure and 13% on railways. According to the U.S Census Bureau, the total commercial construction spending in the US increased from US$93,086 in May 2021 to US$104,434 in February 2022. With the rise in commercial and infrastructural construction projects, the applicability of construction fabrics in paved and unpaved roads, drainage systems and others,, in turn, is boosting its demand and driving the construction fabrics industry.

Construction Fabrics Market Challenge

Availability of Substitute and Strict Government Regulations:

The availability of better alternatives for construction fabrics acts as a major growth restraining factor in the construction fabrics industry. The spray polyurethane foam is a potential substitute for the construction fabric as it is economical compared to the construction fabrics. Moreover, the strict regulations and policies implemented by the government on the recycling and waste disposal of waste materials are likely to hinder the growth of the Construction Fabrics Market. For instance, the government implemented various waste control regulations such as Construction Waste Management Section 01 74 19 provide standards to control waste disposal and boost recycling. Thus, owing to such factors, the construction fabrics industry faces a slowdown and challenge.

Construction Fabrics Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Construction Fabrics Market. The top 10 companies in the Construction Fabrics Market are:

1. Satler AG
2. Taiyo Kogyo Corporation
3. Saint-Gobain
4. Sioen Industries
5. Low & Bonar
6. Serge Ferrari
7. Endutex
8. Hiraoka & Co. Ltd.
9. Hightex GmbH
10. Ashland

Recent Developments

• In December 2021, Solmax acquired Propex, a leading geosynthetics manufacturer. The innovative geotextiles of Propex have major applications in construction, thereby allowing expertise in the nonwoven geotextile sector and further expanding the capacity in the market.
• In February 2021, The Bontex Geo Group, a leader in the sale and production of geotextiles for civil engineering applications acquired the share of Stratex SA, specializing in geosynthetics and building products, thereby expanding the product offering.
• In November 2020, Ferguson acquired Old Dominion Supply and Atlantic Construction Fabrics, a geotextile company. This acquisition offered additional geotextile capabilities and expansion of the business network.

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