MARKET INFORMATION

CONSTRUCTION FABRICS MARKET WORTH US$ 2.26 BILLION ON FOCUS
 
Construction fabrics industry ( PVC, PTFE, ETFE) applications in Tensile Architecture, Awnings & Canopies,
Facades has a resounding growth across the world, especially in Middle East. 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. Construction fabrics are made of high strength inner fabric or mesh onto which a protective polymer coating is applied on both the sides. This helps in resisting moisture, heat, and air transfer and safeguard the fabric from mechanical and chemical damage.

The growing use of carbon fibers will have a positive impact on the market and contribute to its growth significantly over the forecast period.



US $ 4 billion worth of GCC prefabricated building and structural steel market with an yearly growth rate of over 7% by 2022.

The growth of Tents and Pre-fabricated building system market is expected to be in-line with development of real estate and housing sector across the globe with high growth potential expected to come from Asia-Pacific and GCC region.

The global prefabricated buildings market valued US$90.1 billion in 2012. Asia-Pacific was the largest regional market, accounting for 49.3% of the global market.

The Asia-Pacific prefabricated buildings market valued US$44.4 billion in 2012, and recorded a review-period CAGR of 16.23%, outperforming all other regional markets. China constituted the largest share of the Asia-Pacific market with 61% in 2012, followed by Japan, Australia and Indonesia with respective shares of 22.3%, 6.8% and 5.1%.

The construction of prefabricated houses has been used for more than five decades in developed economies. Awareness of environmental issues has provided opportunities 
for the sustainable buildings market over the traditional buildings market. Due to the government's focus on improving the energy effeciency of buildings, demand for prefabricated buildings is growing rapidly.