Global Buildtech Textiles Market, By Raw Material (Natural, Synthetic), Product (Woven, Non-Woven, Knitted, Others), Application (Residential, Non-Residential) – Industry Trends and Forecast to 2029.
Buildtech Textiles Market Analysis and Size
Buildtech textiles can sustain the integrity of the construction in which these textiles are being used even in severe conditions. Among others, synthetic build tech textiles are manufactured primarily from polymers such as polypropylene, polyethylene, polyamide, and polyester. However, the commercial polymers available for manufacturing the product include polyester and polypropylene due to their excellent properties compared to their counterparts. The demand for polypropylene as a raw material used for manufacturing build tech textiles is high, and the trend is expected to continue during the forecast period.
Data Bridge Market Research analyses that the buildtech textiles market was valued at USD 15.46 billion in 2021 and is expected to reach USD 25.20 billion by 2029, registering a CAGR of 6.30% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Buildtech Textiles Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Raw Material (Natural, Synthetic), Product (Woven, Non-Woven, Knitted, Others), Application (Residential, Non-Residential)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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DuPont (U.S.), Freudenberg SE (Germany), Ahlstrom-Munksjö (Finland), SKAPS Industries (U.S.), Toray Industries Inc, (Japan), SRF Limited, 3M (U.S.), Arrow Technical Textiles Pvt. Ltd (India), Delcotex (Germany), MACCAFERRI ENVIRONMENTAL SOL. PVT LTD (India), KCWW (U.S.), ASAHI KASEI CORPORATION (Japan), HYOSUNG.(U.S.), Shandong Weiqiao Venture Co., Ltd. (China)
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Market Opportunities
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Market Definition
Buildtech includes textiles or composite materials used in the construction of permanent or temporary buildings as well as structures. In the construction industry, the buildtech textiles have applications in concrete reinforcement, proofing materials, interior construction, insulation, noise prevention and air conditioning. Buildtech textiles are made from both natural and synthetic fibers.
Global Buildtech Textiles Market Dynamics
Drivers
- Increased Utilization of buildtech textile in the housing and commercial sector
The need for construction composites is growing due to high demand in housing and commercial constructions because these textiles offer crack-resistant, waterproof, and heat insulation. The increase in demand for high-strength and corrosion-resistant construction materials are expected to see significant growth in the buildtech textiles market.
- Growth and expansion of construction industry
Development in the construction industry has boosted the demand for buildtech textile in last few years. This trend is also anticipated to continue during the forecast period because of rising demand of green buildings and growing energy conservation regulations overall the globe. Some buildtech textile aids in decreasing the cost of total infrastructure by reducing the energy consumption in buildings. The rising demand of buildtech textile are expected to drive the growth rate of the market
- Rising demand of nonwoven fabrics
The nonwoven fabrics are high in demand because they offer high moisture and vapor permeability along with high tensile strength, which increased product penetration in the building and construction sector, thus increasing the demand for build tech textiles in the market . Moreover, multi-directional elongation and high tear-strength of nonwoven fabrics helps drive the product's demand during the forecast period.
Opportunities
- Increasing demand for eco-friendly and natural buildech textile products
Manufacturers are taking steps to reduce the environmental impact by using recyclable, eco-friendly, natural products during buildtech textile production. The countries aim to become a circular economy by enhancing the use of reusable and recyclable products. Therefore mentioned trend is anticipated to have an impact on the buildtech textiles manufacturing industries
- Awareness and Replacement
The rising awareness due to strict government rules and regulations about the use of construction composites will further extend the profitable opportunities to the buildtech textile market players during the forecast period of 2022 to 2029.
Restraints/ Challenges
- High cost associated with raw materials
High production cost of these materials is expected to act as major restraint and obstruct the overall growth of the buildtech textile market during the forecast period.
Furthermore, decline in construction spending in the Netherlands will also act as market restraints and may obstruct the growth of the buildtech textiles market during the forecast period.
This buildtech textiles market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the buildtech textiles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Buildtech Textiles Market
The outbreak of coronavirus had a negative impact on the buildtech textiles market. As a result of this pandemic, the government has imposed stringent regulation throughout the globe which has affected the growth of the buildtech textiles market. The primary users of buildtech textiles, such as the building and construction sector, have also shut down their manufacturing facilities, resulting in a decline in buildtech textiles demand globally. Due to their regional and category mix and acquisition activity, the separate organizations have showed a variability of tendencies. Also, the majority of raw materials providers in this market had to close down their operations and the major suppliers turned their priority to providing pandemic relief.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Buildtech Textiles Market Scope
The buildtech textiles market is segmented on the basis of raw material, product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Material
- Natural
- Synthetic
- HDPE
- PET
- Nylon
- Polyethylene
- Polypropylene
- Others
Product
- Woven
- Non-Woven
- Knitted
- Others
Application
- Residential
- Non-Residential
Buildtech Textiles Market Regional Analysis/Insights
The buildtech textiles market is analysed and market size insights and trends are provided by country, raw material, product and application as referenced above.
The countries covered in the buildtech textiles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the construction composites market during the forecast period due to long-standing favorable sociological and demographic factors including increased life expectancy, high birth rate and rising aging population, thus bolstering the product demand.in this region.
Europe will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to low mortgage rates which are anticipated to drive the demand for build tech textiles in the form of awnings, tarpaulins, and canopies in renovation activities as well as new construction in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Buildtech Textiles Market Share Analysis
The buildtech textiles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to buildtech textiles market.
Some of the major players operating in the buildtech textiles market are:
- DuPont (U.S.)
- Freudenberg SE (Germany)
- Ahlstrom-Munksjö (Finland)
- SKAPS Industries (U.S.)
- Toray Industries Inc, (Japan)
- SRF Limited, 3M (U.S.)
- Arrow Technical Textiles Pvt. Ltd (India)
- Delcotex (Germany)
- MACCAFERRI ENVIRONMENTAL SOL. PVT LTD (India)
- KCWW (U.S.)
- ASAHI KASEI CORPORATION (Japan)
- HYOSUNG. (U.S.)
- Shandong Weiqiao Venture Co., Ltd. (China)
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