Construction Fabrics Market Expected to Reach $15.6 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Construction Fabrics Market," The construction fabrics market was valued at $10.6 billion in 2021, and is estimated to reach $15.6 billion by 2031, growing at a CAGR of 4.0% from 2022 to 2031.

Construction fabrics are a type of technical textile with a polymer coating that is widely used in the building and construction sector. The architectural membrane is another name for construction material. Construction fabrics are long-lasting, attractive, and energy-efficient products that give architects and design engineers more freedom to express their architectural ideas. 

The demand for canopies is predicted to rise throughout the forecast period as they become more prevalent in both residential and non-residential structures. This will in turn promote market expansion. Over the course of the forecast period, the demand for canopies is projected to increase due to the rapid growth of the residential sector in the economies of North America and Europe and the rising popularity of indoor-outdoor living. Additionally, the market is projected to develop due to the emerging need for more expansive living space and aesthetic benefits provided by canopies. 

People who are more focused on building and construction designs have more sunlight, greener, high-performance, cost-saving, and eco-sustainable structures. Textiles are essential in meeting these needs. Textiles are used in a variety of building and construction-related applications, including geotextiles, architectural textiles, construction textiles, eco textiles, green roofs, and innovative 3D printing technology. Buildtech or Buildtex are terms used to describe textiles used in construction and buildings. Textile materials are utilized indoors and outdoors for uses both visible and hidden. Traditionally, rugs and curtains were made of fabrics. But nowadays, textiles are utilized for thermal and acoustic insulation, as well as for structure protection from the sun, wind, fire, and water. 

Concrete is combined with textile fibers to improve its qualities, including cost reduction, environmental friendliness, UV and electromagnetic radiation protection, and so forth. Due to the concept of green energy, applications for electroluminescent material and textiles with integrated LEDs have increased. These days, textile-reinforced concrete, also known as TRC, has performance characteristics comparable to steel-reinforced concrete. TRC offers cost-effective, lightweight constructions with excellent surfaces and high levels of durability. TRC provides mechanical properties such as lightness, strength, and resilience. They are also resistant to many factors such as creep, degradation by chemicals and pollutants as well as the effects of rain, sunlight, acid, and base. 

Regardless of the type of energy and equipment chosen for heating or cooling, energy-efficient buildings, whether newly constructed or renovated, are those that are designed to greatly reduce the amount of energy needed for those operations. By adopting steps to minimize energy loss, such as minimizing the heat loss of the building envelope, energy-saving building design refers to the process of creating or modernizing structures that can utilize all of the power supplied to them. The adoption of intelligent buildings and sustainable solutions, the rise in the number of green buildings, the necessity for proper energy management of buildings, and other reasons are all likely to contribute to a steady increase in the global market for energy-efficient buildings. 

Governments all over the world are emphasizing resource conservation and energy efficiency, which has further fueled the market expansion. There is a high demand for energy-efficient buildings as a result of the increased attention on energy efficiency by governments around the world. The penetration rate of energy-efficient buildings is rising quickly due to the growth in activities undertaken by infrastructure and development organizations in recent years. Due to these, building suppliers and developers are compelled to give green building initiatives more consideration. 

The government plays a significant role in the energy efficiency strategy. Energy efficiency reduces carbon emissions, which benefits the environment. An international problem is carbon emissions. As a result, the majority of governments promote energy-efficient construction. Numerous programs have been put in place by the governments to reduce greenhouse gas emissions. Additionally, governments in both developing and developed nations want to offer incentives to citizens to replace inefficient roofs with more energy-efficient ones. For instance, a green building is one that saves 20% of the embodied energy, and the International Finance Corporation (IFC) anticipated $24.7 trillion in green building potential in emerging market cities over the next 11 years in March 2020. Hence, such government policies and investments in developing regions are expected to create opportunities for construction fabrics. 

Environmental regulations regarding the chemical used in industry differ across various countries making it difficult for manufacturers to adjust the usage of textile manufacturing material according to region-specific regulations. Customers are becoming more interested in eco-friendly and biodegradable items. The intermediate industry makes an effort to prevent price increases on the end product from causing them to lose market share. Governments in Europe, North America, and Asia have developed strict regulations regarding the disposal and recycling of construction fabric waste. 

The canopy demand in North America is expected to witness growth owing to the increasing adoption of canopies as shades in residential buildings. Furthermore, the rising installation of car canopies for recreational shade protection and outdoor car storage to maximize housing storage capacity is anticipated to propel the demand for the product in the country over the forecast period. 

In the Asia Pacific market, canopies are primarily employed in commercial structures. The building of canopies for larger outdoor spaces where diverse leisure activities are planned, including commercial event promotions and exhibitions, can be credited with increasing product penetration. Manufacturers compete in the market by providing the best and most dependable products that cater to a variety of applications for end users. Additionally, they are working to incorporate cutting-edge technology to create novel products with added advantages like rainwater collection, which will supplement the demand for canopies. 

In modern architecture, an acoustic program aimed to deliver clarity to the sound moving in a hall or room. Also, it works at matching capacity and ability. Additionally, it strives to match talent with capacity. Textile acoustic panels are used to improve audio quality, voice clarity, and hearing precision. Aspects of construction, architecture, and building science are continuously evolving, including acoustic design. To measure the levels of noise, vibration, and echo, textile acoustic panels are mounted to a room's walls, floors, doors, and other components. The main acoustic requirements for a facility may include effective communication in conference rooms and lecture halls, sound management inside a venue, or sound control between spaces.

To enhance listening, architects are adding sound cut patterns into movie theatres and recording studios. It might be uncomfortable when noise enters conference rooms and movie theatres. Leading manufacturers concentrate on noise reduction technology that effectively absorbs sound. Costly installation limits market expansion. Fiberglass sheets covered in cloth provide the highest level of sound insulation, but in order to restrain market growth, they principally need substantial capital expenditures and disposal solutions. 

The global construction fabrics market is segmented into type, material, application, and region. Depending on the type, the market is classified into woven, non-woven, and others. Based on material, it is categorized into polyester, nylon, PTFE, cotton, silicon glass, ETFE, and others. Based on application, the market is segmented into acoustic fabrics, tensile architecture, awnings & canopies, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.  

The major players operating in the global construction fabrics market include ENDUTEX COATED TECHNICAL TEXTILES, EREZ Thermoplastic Products, Freudenberg SE, HIRAOKA & Co., Ltd, Saint Gobain, Sattler AG, seaman corporation, Serge Ferrari Group, Sioen Industries NV, TAIYO KOGYO CORPORATION. 

Key findings of the study

• On the basis of type, the non-woven segment has garnered the highest share of more than 40%, and is expected to grow at a CAGR of 4.1%, in terms of revenue, during the forecast period. 

• Depending on the material, the polyester segment is expected to grow at a CAGR of 4.0% and is expected to garner around 25% of the market share in terms of revenue, during the forecast period. 

• Depending on the application, the awnings and canopies are expected to grow at a CAGR of 3.8% and are expected to garner more than 50% of the market share in terms of revenue, during the forecast period. 

• By region, Asia-Pacific dominated the market with the highest revenue shares in 2021.