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Download Free sampleThe global Awnings Fabric market was valued at 260.73 Million USD in 2021 and will grow with a CAGR of 2.39% from 2021 to 2027
The prime objective of Awnings Fabric Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Awnings Fabric Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Awning fabrics are very different from other textiles. They have an advanced set of properties which allow them to withstand annual changes in temperature, along with the other challenges posed by life outdoors, including UV lightening and damage caused by rain or dirt. They are strong enough to resist tearing effectively, even on seams and hems, and stay taut despite being opened and closed thousands of times.Awnings were once made from canvas. Acrylic was a synthetic alternative which replaced canvas in the early 1960s, while polyester arrived in recent years using environmentally-conscious manufacturing processes. Acrylic looks and feels like canvas, while polyester has a thinner, flatter texture with a matt surface. Polyester`s more recent development meant a high-tech composition, with advantages in terms of strength, light fastness, UVA and UVB projection and nano-coatings. Acrylic has developed and now offers similar properties in these areas. Therefore the main difference is in the texture and feel of the fabric. Synthetic awning fabric is generally made from vinyl, acrylic, polyester, or a combination of any of the three. The way that synthetic fabric is formed and how it is coated, backed, and dyed will all make a difference in how it performances. In the coming years there is an increasing demand for Awnings Fabric in the regions of North America, Europe and Asia-Pacific. In the past few years from 2012-2017, the global production and consumption developed stably. The global Awnings Fabric market size in terms of production is projected to grow to 24474 K Sqm by 2022 from 18906 K Sqm in 2017 (estimated), with a CAGR 5.30%. At the same time, Asia-Pacific, EU and North America are remarkable in the global Awnings Fabric industry because of their market share and technology status of Awnings Fabric. In the future, the production and consumption is estimated to continue developing with a stable growth rate. To meet the large and increasing demand, more and more manufacturers will go into this industry. The price of Awnings Fabric differs from company to company, as there is a great difference among the Awnings Fabric quality from different companies. Although the market competition of Awnings Fabric is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Awnings Fabric and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
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