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Global Architectural Membrane Market Insight December 31, 2021 Comments

The Architectural Membrane is forecast to Steady increase over the next years. According to the World Knowledge Information (WKI) “Global Architectural Membrane Professional Survey Report 2021, Forecast to 2026”,Construction film is a popular product in the construction industry. Textiles and polymer materials are constantly innovating, mainly for the manufacture of architectural membranes. Architectural membranes are mainly used for outdoor roofing and shading applications. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 1.05% base on WKI regression analysis model.

 

Analysts’ Viewpoint:
“With the adoption of technological progress, new material innovation is expected to create opportunities for the mature architectural membrane market.”said Jennie, Senior analyst, Chemical industry Market Research Center in WKI.

Market insight:
The global architectural membrane market is mainly driven by the growth of the construction industry in developing and developed economies. For example, shopping malls, universities, hotels, bridges, restaurants, and medical institutions have a growing demand for architectural membranes. The recovery of newly developed buildings and housing is expected to boost the residential and commercial construction sectors, which in turn will drive demand for architectural membranes during the forecast period. Exterior and interior decoration is becoming a global trend. A variety of architectural membranes can withstand external environmental conditions and are therefore used for these purposes. In addition, architectural membranes are translucent, waterproof and flame-retardant. Therefore, they are ideal for residential applications. These outstanding properties make architectural membranes very effective in construction activities. The government’s measures to increase infrastructure investment will become the main trend to promote the global architectural membrane market in the next few years. However, the availability of alternatives will inhibit the growth of the global architectural membrane market during the forecast period.
Competition Landscape:
On April 15, 2019, FabriTec Structures was hired by Frisco Stadium, LLC to jointly construct and install a new tensile membrane canopy covering the entire southern end of Toyota Stadium and a large custom scarf-like tensile membrane structure canopy.Due to the large presence of international and local market participants, the global architectural membrane market is expected to be fragmented. Major players in the global architectural membrane market include: FabriTec Structures, Dupont Building and Construction, ACS Production, Architen Landrell Associates Limited, ArTech, Atex, Atlas Greenhouse, Costella-Dorken Products, Inc., Birdair, Inc., Facade Textile Internationa, Innovative Tensile Pvt. Ltd., MakMax Australia, Mehler Texnologies, Sefar AG, VERSEIDAG-INDUTEX, etc.
Segmentation of Architectural Membrane Market:
According to the type, the market can be subdivided into: ETFE sheet, polyester fabric, glass cloth, and others.Among them, ETFE sheet occupies a large market share, because ETFE not only has excellent impact resistance, electrical properties, thermal stability and chemical resistance, but also has high mechanical strength and good processing performance. In recent years, the application of ETFE membrane materials can replace other products in many aspects and show strong advantages and market prospects.According to the application, the market can be subdivided into: commercial buildings, roads and public constructions, performance building constructions, and residential constructions.Among them, commercial construction occupies a large share of the market. The increase in global construction activities and the increase in commercial activities involving a wide range of regions have led to an increase in the demand for architectural membranes. The demand for thermal and sound insulation products in the construction industry has promoted the market for architectural membranes.
Architectural Membrane Market: Regional Analysis
In terms of geography, the global Architectural Membrane market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Due to the development of the construction industry and the growing demand for innovative buildings in the region, the developed economies of North America have an important share of the market. The demand for architectural membranes in Latin America and Southeast Asia and the Pacific is growing. Due to the current macroeconomic environment, the Southeast Asia Pacific region is expected to become a fast-growing region, and it is expected that the next few years will create profitable opportunities for architectural film manufacturers in Southeast Asia. China and India are the major economies in the construction industry, and in turn, these countries are expected to grow at a significant growth rate in the global construction film market.

 

Cagr: 1.05%
Largest share area:North America
Largest share country:the Unite States