Buildtech Textiles Market Analysis Report By Raw Material, By Product, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global build tech textiles market size was USD 12.87 billion in 2018. The market is projected to grow at 5.8% CAGR from 2019 to 2025. Increasing focus on sustainable construction is driving the demand for the material. In addition, growing investment in civil engineering construction is estimated to supplement the market growth.

Buildtech textiles are textile and composite materials used in the temporary and permanent construction of the building. Further, these textiles are used in interior construction, insulation, air conditioning, concrete reinforcement, and roofing materials.

These textiles are crack resistant, waterproof, and provide heat insulation. Owing to these benefits, these products are increasingly used in residential building construction. Various natural calamities have hit the different parts of the world and they require reconstruction, which in turn, is estimated to drive the demand for build tech textiles.

Buildtech textiles are made up of synthetic and natural fibers. Synthetic fibers such as polyethylene terephthalate, high-density polyethylene, polyethylene, nylon, and polypropylene are majorly used. Owing to their sound and heat-resistant properties, these textiles are used in both commercial and residential constructions.

Buildtech textiles have a longer lifespan as compared to other textile materials. Factors such as promotional activities and regulatory guidelines have resulted in increasing awareness of the product, as a result, supplementing the growth of the market. 

Raw Material Insights

Based on the raw material, HDPE fiber accounted for approximately 27.1% share in the building tech textiles market in 2018. Its chemical resistance property is attributing to the growth of this segment. However, growing awareness about reducing the emission of greenhouse gas is projected to promote the use of bio-polyethylene over the forecast duration.

The popularity of polypropylene is high and it is estimated to maintain its popularity over the forecast duration. Features such as recyclability, high stretchability, and chemical inertness are attributing to the growth of this segment.

On the other hand, nylon is predicted to register a 5.2% CAGR over the forecast duration. Nylon has high elasticity, excellent abrasion resistance, and tensile strength. In addition, it is durable compared to other raw materials.

Product Insights

By product, the knitted build tech textile segment is likely to account for USD 3.58 billion by 2025. This textile helps in preventing corrosion, thereby, increasingly used in building construction. In addition, it is easier to handle and can be laid easily to the construction sites, thereby reducing the labor cost.

Nonwoven fabrics offer high moisture and vaporability, thereby increasingly used in building construction. Further, multi-dimensional elongation and increased tear-strength of nonwoven fabrics supplement the segment growth.

In 2018, nonwoven products accounted for approximately 40% share in the market due to features such as liquid repellence, mechanical strength, and absorbency. In addition, these textiles are prepared without converting fabric into yarn, thus, reducing the cost of manufacturing and encouraging new players to make their entry into the market.

Application Insights

The demand for the product in the construction of non-residential is expected to register a 5.5% growth over the forecast duration. Aesthetically appealing features of the product are driving its demand in the buildings. In addition, the growing demand for space to construct offices in emerging countries such as China and India is estimated to augment the building tech textiles market growth. 

Key sectors such as housing, educational institutes, hotels, and transportation are witnessing significant growth in construction activities. In addition, the product is used as architectural membranes in buildings like storage facilities, entertainment areas, and cafes owing to their ability to protect against wind, rain, and UV rays.

The residential construction segment is expected to register considerable growth owing to sociological factors such as a rising aging population, higher life expectancy, and increased birth rate. The rapidly growing construction sector and raising awareness about the benefits of build tech are projected to supplement the growth of this segment.

Owing to the waterproof feature, this product is used in various applications such as wall cavities, reinforcement, and wraps. Increasing migration worldwide is further estimated to augment residential construction. 

Regional Growth

Owing to rapidly increasing residential construction, France is projected to register a significant CAGR of 5.6% over the forecast duration. Europe is projected to witness increased demand for buildtech textile primarily because of growing construction activities fueled by low mortgage rates. However, the ongoing trade war between the United States and China and decreasing investment in construction in the Netherlands and Italy are projected to hinder the market growth.

China, on the other hand, is estimated to witness significant growth owing to the implementation of the 13th Five-Year Plan in 2016. The plan is designed to promote the use of decarbonized, safe, and clean energy systems, thereby, driving the demand for energy-efficient buildtech textile. CSA is expected to observe significant growth owing to increasing spending on infrastructural development. 

Impact of COVID-19

The outbreak of COVID-19 has adversely affected the growth of the buildtech textile market. The construction sector is one of the major end-user of this textile material. The pandemic has severely affected the construction sector as migration caused the labor shortage, which, in turn, halted the ongoing construction projects. Further, supply chain disruption has caused the shortage of raw material, thereby, halting the production of buildtech textile. In addition, there has been a significant decline in the demand for residential construction as consumer spending has reduced considerably amid the financial crisis caused by the pandemic. However, the effect of the pandemic would be only for the short term and the market is projected to find momentum over the forecast duration.

Key Companies & Market Share Insights

Key players in the market are SKAPS Industries, 3M, Toray, Ahlstrom-Munksjö and DuPont. These players have a widespread presence with their sales offices located across different parts of the world. Through these sales offices, these companies offer woven, nonwoven, and knitted products to different parts of the world. Companies are focusing on expanding their product reach in the Asia Pacific and the Middle East to gain a competitive advantage in the market. In addition, companies are emphasizing strategic collaboration with raw materials suppliers to ensure smooth production.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Million Insights has segmented the global buildtech textiles market report based on raw material, product, application, and region:

• Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • Natural
    • Synthetic
        • HDPE
        • PET
        • Nylon
        • Polyethylene
        • Polypropylene
        • Others

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • Woven
    • Non-woven
    • Knitted
    • Others

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • Residential
    • Non-residential

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • North America
        • The U.S.
        • Canada
        • Mexico
    • Europe
        • France
        • Germany
        • Italy
        • Russia
        • Spain
        • U.K.
    • The Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Australia
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa