Roofing Yarn and Fabric Market Size, Share, Growth, and Industry Analysis by Type (Polyester, Glass Fiber, Other Types), By Application (Residential Building, Commercial Building, Industrial Building, Others) Regional Forecast From 2022 To 2030

Updated On: 20 November 2023

ROOFING YARN AND FABRIC MARKET REPORT OVERVIEW

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The global roofing yarn and fabric market size is expected to be USD 784.8 million in 2022 and the market is projected to touch USD 1117.04 million by 2030, exhibiting a CAGR of 4.5% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.

Roofing yarn and fabric which are formed of woven open-mesh glass filaments or polyester fabrics, are good for roof maintenance and repair since they do not rust or decay. The most recent generation of outdoor fabrics is a well-liked and adaptable replacement for solid roofing for outdoor structures. They can block sunlight and shed rain, just like solid roofing, but they can also let in diffuse light and can be removed to let in full sunlight. Outdoor fabrics are available in a variety of colours and textures, and because they are lighter, they do not need a strong supporting framework. They may also be mounted in a variety of ways for various effects.

COVID-19 Impact: Supply and Demand Chain Disrupted Due to Restrictions Imposed

The sudden emerging of pandemic which brought about lockdown, as the disease entered several industries value and supply chains, including the roofing yarn and fabric market. It caused some of the industries to slow down their activities, the industrial venture of many companies came to halt their work in 2021. This happening negatively hampered the roofing yarn and fabric market growth till 2021. Owing to the brighter side the rule out of the restrictions imposed and relaxation to lockdown stirred up the roofing yarn and fabric market growth. Augmenting the requirement from construction, electronics, and telecommunication industries is boosting the roofing yarn and fabric market share.

LATEST TRENDS

"Excellent Roof Maintenance Applications to Propel the Market Growth"

In addition to providing protection, the roof of your house is essential for allowing enough and unrestricted circulation. Rot can flourish in roofs with little ventilating. Maintaining a steady moisture level in your home, especially in the attic, depends on proper ventilation. Since they won't rot or decay, roof fabric and yarn consisting of woven open-mesh glass filaments or polyester fabrics provide outstanding roof maintenance and repair capabilities. The main benefit of using roofing sheets is that they are one of the most durable options available and can last for up to 100 years without corroding. Additionally, roofing materials won't deteriorate and won't be vulnerable to termite attacks.

ROOFING YARN AND FABRIC MARKET SEGMENTATION

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• By Type

Based on type; the market of roofing yarn and fabric is divided into polyester, glass fiber and others.

Polyester is the leading part of the type segment.

• By Application

Based on the application; the market of roofing yarn and fabric is divided into commercial building, residential building, industrial building and others.

Residential building is the leading part of the application segment.

DRIVING FACTORS

"The Rising Construction Industry Globally to Drive the Market Demand "

The construction sector is always changing and growing. Every year, as a result of technology improvements and a growing emphasis on sustainability, new ideas in the field arise. The rising construction sector reflects several emerging global market trends. The future for the construction industry is as bright as it has always been. Residential house construction, non-residential housing structure, infrastructure emphasis on building, land subdivision, and massive engineering construction are all undergoing significant change as a result of their respective sets of trends and problems, which will have a significant impact on construction companies' future course.

"The Growing Popularity of Architractile and Tensile Facades to Fuel Up the Market Growth"

Architractile is the market leader in fabric roofing architecture. With the greatest world-class infrastructure and experience to design, install, and maintain tensioned fabric roofs, architractile manufactures many types of fabric structure designs such as roof, pergola, gazebo, canopy, blinds, umbrellas, sun shade, facade, and false ceiling structure. The intensive study and research conducted by architects such as Frei Otto, as well as the gradual advancement of technology, made it easier to design a wide range of novel textile geometries. The task was completed, and the analysis were completed. Large tensile structures, on the other hand, have gained in popularity and difficulty in recent decades.

RESTRAINING FACTORS

"Certain Standard Concerns Complex to Prevent to Expel the Market Share"

Bumping, denting and bruising are some of the common issues that are difficult to avoid while working with roofing textiles. Hailstorms can cause roofing materials to crumple or break. However, certain damages and standard concern can hamper the roofing yarn and fabric market in the projected time-frame.

ROOFING YARN AND FABRIC MARKET REGIONAL INSIGHTS

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"Asia Pacific Region to Lead the Market with Presence of Voluminous Construction Activities"

The Asia Pacific region is predicted to dominate the market during the forecast period. Due to the region's expanding population, rising per capita income, and rising standard of life, the manufacturing and construction sectors are anticipated to grow. The need for comfort characteristics has increased, which is accelerating the roofing yarn and fabric market growth. The creation of market analytics tools and the emergence of established industry competitors are further factors that are fuelling the market's expansion. Additionally, businesses, organisations, third-party administrations are focusing their efforts on creating manufacturing and building items that are centred on the needs of the client, which will also help the market in this region flourish. escalating need for bridges, agricultural or industrial structures, and barns. Due to expanding government backing, rising demand for new manufacturing and construction technology with unique features, and other factors, China and India are anticipated to present considerable growth prospects for market participants.

 KEY INDUSTRY PLAYERS

"Key Industry Players to Promote the Market Expansion"

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.

List of Market Players Profiled

• Saint Gobain (France)
• Johns Manville (U.S.A)
• Tiandingfeng(TDF) (China)
• Freudenberg (Germany)
• Huvis Corp (U.S.A)
• Tietex International Ltd (U.S.A)
• Indorama Ventures (Thailand)
• Shouguang Fada Cloth (China)
• OAO Mogilevkhimvolokno (Europe)
• Hubei Unibon (China)
• Milliken & Company (U.S.A)
• Hebei Qianjin (China)
• AGY (U.S.A)
• Ashfar (U.S.A)
• Bautex (Russia)
• Kayavlon (India)
• Vitrulan Technical Textiles GmbH (Germany).

REPORT COVERAGE

This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.