Buildtech Textiles Market is Expected to Show a Significant Growth During the Forecast Period 2021 – 2025

Posted on 2022-01-13 by researchinsights in Consumer Services // 0 Comments

San Jose, California , USA, Jan 13, 2022 — /EPR Network/ —

The Buildtech Textiles Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global buildtech textiles market size is estimated to account for USD 19.04 billion by 2025, as per Million Insights. The market is likely to expand at 5.8% CAGR over the forecast duration. Increasing awareness about the use of sustainable heat insulation and sound-absorbing materials in construction is attributing to the growth of the market.

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Rising investment in commercial construction activities and infrastructural development is further predicted to drive market growth. Governments across the globe are emphasizing on reducing the emission of greenhouse gases along with promoting the use of energy-efficient materials. This factor is anticipated to bode well for the growth of the market.

Some of the other factors such as the availability of well-trained workers, technical advancement and population growth are predicted to supplement the growth of the market. Buildtech materials offer protection against heat, UV rays and chemicals. These benefits are projected to make them ideal for the construction of buildings.

Key players functioning in the buildtech textile market are 3M, Toray, DuPont, SRF Limited, SKAPS Industries and Ahlstrom-Munksjö among others. These players have a widespread presence and they are focusing on consolidating their market presence in Asia Pacific and the Middle East to cater to the increased demand.

Buildtech Textiles Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

Natural
Synthetic
HDPE
PET
Nylon
Polyethylene
Polypropylene
Others

Buildtech Textiles Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

Woven
Non-woven
Knitted
Others

Access Buildtech Textiles Market Report with TOC @ https://www.millioninsights.com/industry-reports/global-buildtech-textiles-market

Further key findings from the report suggest

The woven segment is projected to account for USD 5.32 billion by the end of 2025
In 2018, APAC held over 38% of the share in the market owing to the increasing demand from countries such as China and India
The synthetic buildtech textile category is anticipated to register 5.6% CAGR from 2019 to 2025
Key players are focusing on strengthening their market presence in emerging countries where there is a huge demand for sustainable construction materials.

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