The global demand for Buildtech Textiles Market is presumed to reach the market size of nearly USD 5.58 MN by 2028 from USD 3.52 MN in 2021 with a CAGR of 6.8% under the study period 2022 - 2028.
Buildtech textiles are composite materials and textiles used in the construction of both permanent and temporary building structures. These are predominantly made from natural or synthetic fibres. HDPE (high-density polyethylene), PET (polyethylene terephthalate), polypropylene, polyethylene, and nylon are the most common synthetic fibres used to make buildtech textiles. Concrete reinforcement, interior construction, roofing materials, insulation, noise reduction, and air conditioning in the industry sector utilize these composite materials. Due to their various properties, like crack resistance, heat and sound insulation, and membrane structure, buildtech textiles are used in residential and non-residential construction.
Market Dynamics
The cost-effectiveness and longer lifespan of build tech textiles over other materials are expected to drive product demand over the years. Furthermore, initiatives by international regulatory agencies and promotional programmes are constantly raising awareness of the product's benefits. These factors significantly raise the demand for buildtech textiles, hence supporting market expansion. Natural disasters like bushfires and wildfires are becoming more common, and a growing awareness of sustainable construction importance are additional factors supporting the market's growth. In addition, increased investments in civil engineering constructions are also likely to propel market growth. However, the complicated means of producing technical textiles might hinder market development.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of buildtech textiles. The growth and trends of buildtech textiles industry provide a holistic approach to this study.
Market Segmentation
This section of the buildtech textiles market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Raw Material
By Product
- Woven
- Non-Woven
- Knitted
- Others
By Application
- Residential
- Non-Residential
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Buildtech Textiles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Buildtech Textiles Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the buildtech textiles market include DuPont, Ahlstrom-Munksjö, SKAPS Industries, Toray Industries, SRF Limited, 3M, Arrow Technical Textiles Pvt. Ltd, Delcotex, Jowat SE, Maccaferri, and SRF Limite. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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