Market Overview:
The global acrylic awning fabrics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acrylic awning fabrics from residential, commercial, and industrial applications. Acrylic awning fabrics are used in various applications such as windows, doors, porches, and decks. They are also used for shading purposes in outdoor areas such as restaurants, hotels, and resorts. The growing construction industry is also expected to drive the demand for acrylic awning fabrics during the forecast period. The global acrylic awning fabric market can be segmented on the basis of type into striped awning fabric and solid awning fabric. Striped Awnings Fabric accounted for majority of share in terms of value in 2017 owing to its aesthetic appeal over solid colors which are generally used in traditional applications such as homes & offices etcetera .Solid Awing Fabrics will witness highest CAGR over next decade due higher preference by end users across globe looking either better insulation or privacy issues with stripes . On basis of application , Global Acrylic Awing Fabric Market is segmented into Residential Commercial Industrial . Among these segments , Residential application held largest share by volume sales followed by Commercial application In 2017 .
Product Definition:
An acrylic awning fabric is a synthetic fabric that is made from polyacrylonitrile (PAN). It has many advantages over other fabrics, including being weather-resistant, durable, and flame-retardant. Acrylic awning fabrics are commonly used for awnings, tents, and canopies.
Striped Awning Fabric:
Striped awning fabric is a type of acrylic fabric that has horizontal stripes running through it. These fabrics are available in various colors and can be used as an alternative to vertical or horizontal plain or printed acrylic fabrics. The main advantage of using this product is the ability to have different colored panels along with the option to choose from numerous patterns, designs and styles which gives designer appeal to the structure.
Solid Awning Fabric:
Solid awning fabric is the part of acrylic awning fabrics series. It has high tensile strength and durability which makes it suitable for use in outdoor applications such as commercial buildings, hotels, restaurants and other residential buildings. Solid Awning Fabric (SAF) consists of three layers; the face layer, back layer and middle layer.
Application Insights:
The residential segment accounted for the largest share of more than 50.0% in 2017 and is expected to continue its dominance over the forecast period. Increasing urbanization, coupled with rising disposable income, especially in emerging markets such as Brazil, China and India will drive demand for awnings in residential applications over the forecast period.
A growing number of multi-family housing projects along with an increasing preference for outdoor living spaces are expected to boost product demand from 2018 to 2030. In addition, strong economic growth coupled with low interest rates has facilitated affordable home ownership among millennials across North America and Europe which is further anticipated to propel market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing demand for awnings from residential as well as commercial applications. In addition, presence of key manufacturers such as Exterior Fabrics Inc., and Pella Corporation has also contributed to the dominance of this region.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to rising construction activities in emerging countries such as China and India. Furthermore, growing awareness regarding energy efficiency coupled with changing lifestyle will drive product demand further resulting in increased production capacity for acrylic awning fabric by regional manufacturers which will fuel industry growth over next eight years to 2030 time frame.
Growth Factors:
- Increasing demand for awnings from the commercial sector as a result of growing awareness about their benefits such as energy savings and protection from the sun's UV rays.
- Rising popularity of retractable awnings, which can be opened and closed depending on weather conditions, is boosting demand for acrylic fabrics used in these products.
- Growing use of acrylic fabrics in residential applications such as window shades, patio covers, and pergolas due to their superior light transmission properties compared to traditional materials like vinyl or canvas.
- Technological advancements that have led to the development of new finishes and textures for acrylic fabrics are helping manufacturers to expand their product offerings and attract new customers.
- The increasing trend towards "outdoor living" is fueling demand for decorative awnings made from high-quality acrylic fabrics that add visual appeal while providing shade and protection from the elements
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Awning Fabrics Market Research Report
By Type
Striped Awning Fabric, Solid Awning Fabric
By Application
Residential, Commercial, Industrial
By Companies
Glen Raven, Inc, Recasens USA, Twitchell, Graniteville, TenCate, Marlen Textiles, SunSetter, Herculite, Cooley, Para SpA, Giovanardi GmbH, Schmitz-Werke GmbH, Sunesta, SRF Limited, Sattler
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Awning Fabrics Market Report Segments:
The global Acrylic Awning Fabrics market is segmented on the basis of:
Types
Striped Awning Fabric, Solid Awning Fabric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Glen Raven, Inc
- Recasens USA
- Twitchell
- Graniteville
- TenCate
- Marlen Textiles
- SunSetter
- Herculite
- Cooley
- Para SpA
- Giovanardi GmbH
- Schmitz-Werke GmbH
- Sunesta
- SRF Limited
- Sattler
Highlights of The Acrylic Awning Fabrics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Striped Awning Fabric
- Solid Awning Fabric
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylic Awning Fabrics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylic awning fabrics are made from acrylic fibers that have been bonded together to create a strong fabric. They are often used in outdoor applications because they are resistant to weather conditions and can last for many years.
Some of the major companies in the acrylic awning fabrics market are Glen Raven, Inc, Recasens USA, Twitchell, Graniteville, TenCate, Marlen Textiles, SunSetter, Herculite, Cooley, Para SpA, Giovanardi GmbH, Schmitz-Werke GmbH, Sunesta, SRF Limited, Sattler.
The acrylic awning fabrics market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acrylic Awning Fabrics Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Acrylic Awning Fabrics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Acrylic Awning Fabrics Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Acrylic Awning Fabrics Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Acrylic Awning Fabrics Market Size & Forecast, 2018-2028 4.5.1 Acrylic Awning Fabrics Market Size and Y-o-Y Growth 4.5.2 Acrylic Awning Fabrics Market Absolute $ Opportunity
Chapter 5 Global Acrylic Awning Fabrics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acrylic Awning Fabrics Market Size Forecast by Type
5.2.1 Striped Awning Fabric
5.2.2 Solid Awning Fabric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acrylic Awning Fabrics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acrylic Awning Fabrics Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylic Awning Fabrics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acrylic Awning Fabrics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acrylic Awning Fabrics Analysis and Forecast
9.1 Introduction
9.2 North America Acrylic Awning Fabrics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acrylic Awning Fabrics Market Size Forecast by Type
9.6.1 Striped Awning Fabric
9.6.2 Solid Awning Fabric
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acrylic Awning Fabrics Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acrylic Awning Fabrics Analysis and Forecast
10.1 Introduction
10.2 Europe Acrylic Awning Fabrics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acrylic Awning Fabrics Market Size Forecast by Type
10.6.1 Striped Awning Fabric
10.6.2 Solid Awning Fabric
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acrylic Awning Fabrics Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acrylic Awning Fabrics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acrylic Awning Fabrics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acrylic Awning Fabrics Market Size Forecast by Type
11.6.1 Striped Awning Fabric
11.6.2 Solid Awning Fabric
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acrylic Awning Fabrics Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acrylic Awning Fabrics Analysis and Forecast
12.1 Introduction
12.2 Latin America Acrylic Awning Fabrics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acrylic Awning Fabrics Market Size Forecast by Type
12.6.1 Striped Awning Fabric
12.6.2 Solid Awning Fabric
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acrylic Awning Fabrics Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acrylic Awning Fabrics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acrylic Awning Fabrics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acrylic Awning Fabrics Market Size Forecast by Type
13.6.1 Striped Awning Fabric
13.6.2 Solid Awning Fabric
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acrylic Awning Fabrics Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acrylic Awning Fabrics Market: Competitive Dashboard
14.2 Global Acrylic Awning Fabrics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Glen Raven, Inc
14.3.2 Recasens USA
14.3.3 Twitchell
14.3.4 Graniteville
14.3.5 TenCate
14.3.6 Marlen Textiles
14.3.7 SunSetter
14.3.8 Herculite
14.3.9 Cooley
14.3.10 Para SpA
14.3.11 Giovanardi GmbH
14.3.12 Schmitz-Werke GmbH
14.3.13 Sunesta
14.3.14 SRF Limited
14.3.15 Sattler