The new report by Expert Market Research titled, ‘Global Architectural Fabrics Market Report and Forecast 2022-2027’, gives an in-depth analysis of the architectural fabrics market, assessing the market based on its segments like type, application, and regional markets among others. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 10.3%
Due to the benefits that textile facades provide for both temporary and permanent structures, the worldwide market for architectural textiles is predicted to rise. Fabric facades are a fast-growing market with a lot of room for creativity. In addition, as environmental concerns have grown, demand for lighter, more ecologically friendly building materials has increased. Key markets are projected to include North America and Europe. Cotton was one of the first materials used to make architectural fabric, and it is being used today. Cotton is inexpensive and comes in a variety of colours, but it has a poor tensile strength when compared to other materials now in use. It also has a proclivity for contracting and staining. It’s frequently used to build tiny, impermanent constructions.
Industry Definition and Major Segments
Architectural textiles are tensile fabrics used to construct tensile surfaces such as canopies, roofs, and other forms of shelter. Tension forces applied by a structural framework, cabling system, internal air pressure, or a combination of the aforementioned, keep architectural textiles in place. The architectural fabric usually consists of a woven base cloth with an impermeable polymer on both sides and, in some cases, a tough topcoat. Open weave textiles and translucent foils are only two examples of architectural fabrics. Architectural textiles are often very thin (less than 1mm thick) and have a low compressive strength, but they have a high tensile strength. Architectural textiles are made from a variety of different materials.
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By type, the market is segmented into:
- ETFE
- PTFE
- PVC
- Others
By application, the market is divided into:
- Canopies and Awnings
- Facades
- Roofing
- Tensile Architecture
- Others
The major regional markets of the architectural fabrics market are:
- North America
- Asia Pacific
- Latin America
- Europe
- Middle East and Africa regions
Market Trends
As architects and clients become more aware of architectural textiles, the industry is likely to grow. Marketers are currently working to establish new divisions dedicated to the promotion and sale of novel façade solutions, as well as awnings, canopies, and fabric structures. The market is anticipated to expand as owners, contractors, and architects gain more knowledge and power. Architectural fabric is adaptable and versatile. While it works well as a temporary or short-term solution, it also has the advantage of being quickly changed or amended if building or construction plans change in the near-term. It’s also budget-friendly. Architectural textiles will also play a crucial part in flexible workplace spaces, where structures may need to be replaced or rotated on a regular basis.
Key Market Players
The major players in the market are Saint Gobain, Sioen Industries NV, Low and Bonar, Serge Ferrari, Sattler AG, Taiyo Kogyo Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
