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Monday, May 23, 2022

Global Architectural Fabrics Market to be Driven by the Growing Demand for Lighter and Sustainable Building Materials in the Forecast Period of 2022-2027 

The new report by Expert Market Research titled, ‘Global Architectural Fabrics Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global architectural fabrics market, assessing the market based on its segments like types, applications, and major regions. 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): 3%

The global market for architectural fabrics is expected to grow as a result of the growing popularity of textile facades due to the advantages they offer for temporary and permanent constructions. Fabric facades are a rapidly growing segment with significant scope for innovation. Also, with increasing concerns towards the environment, demand for lighter and environmentally friendly building materials has risen. The market is expected to expand as awareness of architectural fabrics increases among architects and clients. Currently, marketers are engaged in creating new divisions dedicated to promoting and selling innovative façade systems in addition to awnings, canopies, and fabric structures. With more education and influence of owners, contractors and architects, the market is likely to expand.

Industry Definition and Major Segments

Architectural fabrics are tensile fabrics used to construct tensile surfaces, such as canopies, roofs, and other types of shelter. Tension forces applied by a structural framework, cabling system, internal air pressure, or a combination of the aforementioned keep the architectural fabrics in place. The architectural fabric usually consists of a woven base cloth with an impervious polymer on both sides and, in some cases, a tough topcoat.

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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

On the basis of region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Architectural fabric is flexible and highly alterable. While it functions well as a temporary or short-term solution, it is an added advantage that it can be changed or modified easily if building or construction plans change in short to medium term. It is also cost-effective. Architectural fabrics are expected to play a key role in adaptable office spaces, where structures might need to be changed or rotated at periodic intervals. Apart from this, research and development of products to produce better and more long-lasting outcomes is also a key driver of market expansion. Some of the important variables linked to the market's global growth include an increased focus on renovation activities and ageing infrastructure. The establishment of new manufacturing units of the products in various regions by key players is also predicted to be a crucial driver.

Key Market Players

The major players in the market are Saint Gobain, Sioen Industries NV, Low and Bonar, Serge Ferrari. Sattler AG, and 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.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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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.


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