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(Construction.IndustryNews247.Com, October 23, 2019 ) Market Overview: Construction fabric is a general term describing geotextiles used in construction applications. This may cover many different geotextile types and applications utilized on construction projects. There are three main types of construction fabrics: needle punched nonwoven, woven monofilament and woven slit film. Nonwovens offer excellent water flow and are most likely used as filter fabrics to prevent clogging of drainage systems. Woven monofilaments are typically used in shoreline erosion control or rip rap applications. Woven slit-films offer excellent strength and are used to separate rock from the subgrade in construction entrances as well as for reinforcement and stabilization when dealing with problematic subgrade soils.
Market Dynamics: The growing construction industry is the major driving factor for the growth of the market worldwide. Promptly increasing population in foremost countries especially in China, India, Malaysia, Bangladesh, Brazil, and others, are building more construction companies get established worldwide. Additionally, the increasing demand for commercial spaces owing to the development of the service industries like insurance, ITC, and BFSC is leading to improved and better construction, which, acts as a key opportunity for growth of the construction fabrics market.
Market Segmentation: By material, the construction fabrics are further segmented into PTFE, ETFE PVC, and others. Others are further divided into PP and PE. Poly-vinyl chloride (PVC) is the world’s third most-produced petrochemical compound. PVC is expected to garb major share due to the wide usage in various applications, many dealing with construction. PVC comes in rigid and flexible forms. Rigid PVC products include both construction and construction applications like pipes, door and window frames, bottles (non-food applications), credit cards and vinyl siding. PVC is flexible in texture and is used in a variety of uses, some of them pertaining to construction as well. By type, the construction fabrics market is segmented into non-woven and woven. Woven is further divided into woven monofilament and woven slit. The Construction Fabrics Market size by type was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. By application, the construction fabrics market is segmented into facades, awnings & canopies, tensile architecture, and others. Others include scaffolding nets and hoardings & signages. The Construction Fabrics Market size by application was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.
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Geographical Analysis: Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa. Asia Pacific is expected to grow with a high CAGR rate over the forecast period 2019-2026 owing to the increasing demand for new and sustainable construction materials. Adding to this, the adoption rate across various applications is rising due to the useful and appealing characteristics of construction fabrics. Investments in construction industry by the Asia Pacific economies are increasing in residential and non-residential sectors which are estimated to drive the construction fabrics market. For instance, as per global construction perspectives and oxford economics, China will overtake the US as the world's largest construction market for the next decade. Competitive Analysis: Some of the major players include Endutex Coated Technical Textiles, Stylepark AG, Taiyo Kogyo Corporation, Seaman Corporation, Seele, Verseidag-Indutex GmbH, Sioen Industries NV, Fibertex Nonwovens A/S, Low & Bonar, and Saint-Gobain
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pr@datamintelligence.com
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