"Construction Fabrics Market by Type (PVC, PTFE, ETFE), Application (Tensile Architecture, Awnings & Canopies, Facades), and Region (Europe, North America, APAC, Middle East & Africa and South America) - Global Forecast to 2023" The construction fabrics market is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9%. The growth of the construction fabrics market can be attributed to the increased demand for construction fabrics in tensile architecture, awnings & canopies, and facades applications across the globe. Construction fabrics are polymer coated, high-performance, durable, and resilient architectural membrane materials which are finding increased usage in the building and construction Industry.

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The construction fabrics market has been classified based on type as PVC, PTFE, ETFE, and others. The ETFE segment of the market is projected to witness the highest CAGR during the forecast period, in terms of value. ETFE is a fluorine-based plastic polymer that is used in the production of innovative and lightweight substitute to glass panels. It has similar light transmission to that of glass, but weighs only 1% compared of glass. ETFE has a service life of over 30 years and has superb weather resistance. ETFE film is extensively used as the material of choice in modern structures, especially for outdoor spaces in a range of climatic conditions. ETFE is usually used in cushions, using several layers of ETFE with air-filled cavities, which works outstandingly for fully enclosed thermal envelopes. These benefits over conventional glass make ETFE a preferred choice for applications in roofing structures and facades.

Based on application, the construction fabrics market has been segmented into tensile architecture, awnings & canopies, and facades. The tensile architecture application segment is projected to lead the overall construction fabrics market during the forecast period, in terms of value. Tensile architecture offers ease of pre-fabrication, ability to cover large spans, and flexibility. They work on the principle of tensile stresses. Owing to the unique characteristics of tensile materials such as durability and flexibility, they offer virtually limitless designs in building modern structures. Tensile structures prove to be beneficial in a number of large-scale structures which involve large roofs, such as stadiums, sports halls, viewing arenas, public spaces, and others.

The Europe region is the largest consumer of construction fabrics across the globe. The APAC construction fabrics market is projected to witness the highest CAGR between 2018 and 2023, in terms of value. The growth of the Europe construction fabrics market can be attributed to the demand for modern and sustainable construction materials. The functional and aesthetic characteristics of construction fabrics are further driving their adoption across various tensile architecture applications.

Some of the key players operating in the construction fabrics market are Sioen Industries NV (Belgium), Low & Bonar (UK), Sattler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), Saint-Gobain (France), Hiraoka & Co. Ltd. (Japan), Endutex Coated Technical Textiles (Portugal), VERSEIDAG-INDUTEX GmbH (Germany), and Hightex GmbH (Germany). Competition among these players is high, and they mostly compete with each other on prices and quality of their products, after sale services, and customization of products.

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