South Korea, Singapore, Taiwan, Vietnam, India, and China to Be the Frontrunners in Asia-Pacific’s Membrane Structure Market

Introduction

Increasing constructional and renovation and refurbishing activities and rising government investments in developing infrastructures, such as airports, stadiums, and other facilities, drives the market growth. Several types of membranes give a fascinating appearance as well as offers functional properties, such as corrosion resistance, water, and fire retardant, that help construct state-of-the-art structures. Modern-day construction demands innovative technologies involving the use of energy-efficient resources, which drives the market growth.

Increasing disposable income, especially in developing economies, is driving the demand for leisure and travel, further fueling the demand for structure membrane. For instance, the tensile membrane structure is heavily used in the construction of a recreation building for amusement. As per the Indian Brand Equity Foundation (IBEF), the travel and tourism industry is expected to contribute USD 423.7 billion to the country’s GDP in 2026 from USD 100 billion in 2017 at a CAGR of 6.66%

Membrane Structure Market in Asia-Pacific

Booming automotive and industrial sectors and increasing applications of technical textiles in the building and construction industry bolsters the market growth. South Korea, Singapore, Taiwan, Vietnam, India, and China, are making a significant move in the global membrane structure market. Vietnam has started expanding its reach to industrial fabrics and high‐end textiles, including coated fabrics. On the other hand, Taiwan’s textile industry is focusing on R&D activities for developing a combination of fashionable, functional, and eco‐friendly textiles. As per our database, around 55 new airports will be constructed in India by 2030, with an investment of USD 36–45 billion.  

Competitive Players

1. Vector Foiltec
2. Seele
3. EU Sp. z o.o. Sp. K
4. Novum Structures
5. Aeronautec GmbH
6. IASO
7. Base Structures UK Limited
8. Tensoforma s.r.l.
9. FabriTec Structures
10. Structurflex
11. Big Span Structures, LLC
12. Sattler PRO-TEX GmbH
13. TORAY INDUSTRIES, INC.
14. DuPont
15. SUEZ
16. KOCH
17. Pentair plc
18. TOYOBA
19. Hydranautics – A Nitto Group Company
20. Pall Corporation
21. Seccua GmbH
22. Synder Filtration
23. Taiyo Kogyo Corporation
24. Saint Gobain
25. Beijing N&L Fabric Technology Co., Ltd
26. Sioen Industries NV
27. Velabran GmbH
28. Texlon HSP GmbH
29. Covertex Membrane (Shanghai) Co., Ltd
30. Multimedia Engineering Pte Ltd.

Recent Developments

• November 2023- Novum engineered cruise line solutions. By understanding the marine environment, Novum Engineers creates glass structures that improve the ship's aesthetics, durability, safety, functionality, and passenger experience.
• December 2023- Chemours, DuPont, and Corteva will update and support the PFAS Settlement with U.S. Water Systems.

Segmentation

1. By Type
   1. Tensile Membrane Structure
   2. Frame Membrane Structure
   3. Air-Supported Membrane Structure
2. By Material
   1. PVC
   2. Polytetrafluoroethylene
   3. Ethylene Tetrafluoroethylene
   4. Translucent
   5. Polyethylene Fabric
3. By Application
   1. Residential
   2. Commercial