Market Overview:
The global PTFE canopy market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PTFE canopy in residential and non-residential applications. In terms of type, the contemporary segment is expected to witness the highest growth during the forecast period. This can be attributed to its growing popularity among consumers due to its stylish design and durability. In terms of region, North America is expected to lead the global PTFE canopy market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
PTFE canopy is a type of roofing system that is made up of PTFE-coated fabric. This material is very durable and can withstand extreme weather conditions. It also has a high resistance to chemicals and flames. Because of this, PTFE canopies are often used in industrial and commercial settings where there is a need for protection from the elements or from fires.
Contemporary:
Contemporary is a new term in the canopy industry and its usage is increasing rapidly. It was initially used to refer to modern or contemporary art but has now been adopted by the plastics industry as well. The growth factor in this market is its ability to be used for producing innovative products with different looks and appeal compared to standard plastic canopies which are available in a variety of colors, textures, shapes and sizes.
Traditional:
Traditional fiber is a long-chain polymer, which has been used as reinforcement material in the composites of reinforced plastics (CRP) and rubber. It provides mechanical strength to the composite along with thermal resistance. The product also offers high fatigue resistance and tensile strength owing to which it is widely used in manufacturing fuel nozzles for gasoline engines.
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. The demand for ptfe canopies in the residential sector is expected to witness growth on account of increasing housing projects and new home construction activities across various regions including North America, Europe, Asia Pacific and Middle East & Africa. PTFE canopy provides thermal insulation which helps maintain a comfortable temperature inside the house irrespective of weather conditions outside such as wind speed or temperature. This factor is likely to propel market demand over the forecast period especially in countries like China where housing project approvals are at an all-time high owing to easy availability of funding from banks and financial institutions on a large scale due to healthy economic growth coupled with population expansion policies implemented by central governments since last few decades globally since 1980s onward.
Regional Analysis:
Asia Pacific dominated the global PTFE canopies market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from residential and non-residential applications. The presence of emerging economies such as China, India, and Japan are contributing towards regional growth. Increasing disposable income coupled with growing consumer awareness about energy conservation is a major factor driving product demand in this region.
The North American market for PTFE canopies is anticipated to witness significant growth over the forecast period owing to rising construction activities across commercial buildings including shopping malls, hotels, restaurants, offices etc., especially in U.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for PTFE canopy products due to their properties of heat resistance, chemical resistance, and low friction.
- Growing popularity of PTFE canopy products in medical applications due to their non-toxicity and biocompatibility.
- Rising demand for lightweight PTFE canopy products in the electronics industry to meet the increasing demand for miniaturized and energy-efficient devices.
- Development of new manufacturing technologies that can produce high-quality PTFE canopies at lower costs, making them more competitive against traditional materials such as metal or glass.
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE Canopy Market Research Report
By Type
Contemporary, Traditional, Classic
By Application
Residential, Non-residential
By Companies
Eide Industries, Advanced Design Awnings & Signs, Sunair Awnings, Shade Structures, Canopies UK, Lawrence Fabric & Metal Structures, Shade Structures, Impact Canopy, KD Kanopy, JAY JAY Enterprise, Eide Industries
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global PTFE Canopy Market Report Segments:
The global PTFE Canopy market is segmented on the basis of:
Types
Contemporary, Traditional, Classic
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, Non-residential
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:
- Eide Industries
- Advanced Design Awnings & Signs
- Sunair Awnings
- Shade Structures
- Canopies UK
- Lawrence Fabric & Metal Structures
- Shade Structures
- Impact Canopy
- KD Kanopy
- JAY JAY Enterprise
- Eide Industries
Highlights of The PTFE Canopy 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:
- Contemporary
- Traditional
- Classic
- By Application:
- Residential
- Non-residential
- 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 PTFE Canopy 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.
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- 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?
PTFE Canopy is a product that is made from PTFE, which stands for Polytetrafluoroethylene. This material is often used in products such as cookware and food packaging because of its durability and resistance to heat and chemicals.
Some of the key players operating in the ptfe canopy market are Eide Industries, Advanced Design Awnings & Signs, Sunair Awnings, Shade Structures, Canopies UK, Lawrence Fabric & Metal Structures, Shade Structures, Impact Canopy, KD Kanopy, JAY JAY Enterprise, Eide Industries.
The ptfe canopy market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTFE Canopy 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 PTFE Canopy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PTFE Canopy 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 PTFE Canopy 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 PTFE Canopy Market Size & Forecast, 2018-2028 4.5.1 PTFE Canopy Market Size and Y-o-Y Growth 4.5.2 PTFE Canopy Market Absolute $ Opportunity
Chapter 5 Global PTFE Canopy 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 PTFE Canopy Market Size Forecast by Type
5.2.1 Contemporary
5.2.2 Traditional
5.2.3 Classic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PTFE Canopy 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 PTFE Canopy Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE Canopy 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 PTFE Canopy 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 PTFE Canopy Analysis and Forecast
9.1 Introduction
9.2 North America PTFE Canopy 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 PTFE Canopy Market Size Forecast by Type
9.6.1 Contemporary
9.6.2 Traditional
9.6.3 Classic
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 PTFE Canopy Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-residential
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 PTFE Canopy Analysis and Forecast
10.1 Introduction
10.2 Europe PTFE Canopy 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 PTFE Canopy Market Size Forecast by Type
10.6.1 Contemporary
10.6.2 Traditional
10.6.3 Classic
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 PTFE Canopy Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-residential
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 PTFE Canopy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PTFE Canopy 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 PTFE Canopy Market Size Forecast by Type
11.6.1 Contemporary
11.6.2 Traditional
11.6.3 Classic
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 PTFE Canopy Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-residential
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 PTFE Canopy Analysis and Forecast
12.1 Introduction
12.2 Latin America PTFE Canopy 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 PTFE Canopy Market Size Forecast by Type
12.6.1 Contemporary
12.6.2 Traditional
12.6.3 Classic
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 PTFE Canopy Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-residential
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) PTFE Canopy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PTFE Canopy 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) PTFE Canopy Market Size Forecast by Type
13.6.1 Contemporary
13.6.2 Traditional
13.6.3 Classic
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) PTFE Canopy Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-residential
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 PTFE Canopy Market: Competitive Dashboard
14.2 Global PTFE Canopy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eide Industries
14.3.2 Advanced Design Awnings & Signs
14.3.3 Sunair Awnings
14.3.4 Shade Structures
14.3.5 Canopies UK
14.3.6 Lawrence Fabric & Metal Structures
14.3.7 Shade Structures
14.3.8 Impact Canopy
14.3.9 KD Kanopy
14.3.10 JAY JAY Enterprise
14.3.11 Eide Industries