The Infinium Global Research analyzes the Architectural Fabric Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global architectural fabric market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of architectural fabric. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the architectural fabric market during the period. The global architectural fabric market is projected to grow at a CAGR of 9.15% over the forecast period of 2019-2025.
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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.
Key Players in the Architectural Fabric Industry
The key players in the architectural fabric market are Trelleborg AB, James Walker, Garlock, Parker Hannifin Corporation, Flowserve Corporation, Saint-Gobain S.A., John Crane, Morgan Advanced Materials PLC, IDEX Corporation, and many others.
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Rising Demand for Architectural Fabrics in Awnings & Canopies, Facades, and Tensile Architecture Applications in the Global Market is Also Expected to Drive the Architectural Fabric Market
The architectural fabric market is driven by the architectural fabrics are high-performance, resilient architectural, durable, and polymer-coated membrane materials which are finding various application in the construction and building Industry. Moreover, the rising demand for architectural fabrics in awnings & canopies, facades, and tensile architecture applications in the global market is also expected to drive the architectural fabric market.
However, the easy availability of cost-effective substitutes and lack of experienced workforce is anticipated to impede the growth of the global architectural fabric market. Nonetheless, Rapid demand from emerging economy and growing construction industry in developing countries is estimated to create a new opportunity for the global architectural fabric market.
Segments in the Architectural Fabric Industry
The report on the global architectural fabric market covers segments such as type and application. The type segment is further segmented into PTFE, PVC, and ETFE. PVC segment holds the largest revenue share of the global architectural fabric market. On the basis of application, the architectural fabric market is bifurcated into awnings & canopies, tensile architecture, and facades.
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APAC Region is Expected to Drive Significantly Drive the Architectural Fabric Market in the Region
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 APAC region is expected to drive significantly drive the architectural Fabric market in the region between 2018 and 2023. 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.
India and China are witnessing increased demand for architectural Fabrics, which is estimated to continue in the future also.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Architectural Fabric.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.