Global Concrete Canvas Market By Application (Ditch Lining, Bund Lining, Slope Protection, and Pipe line protection), By End User (Roadways Infrastructure, Military & Defense, Railways, Mining, Petrochemical, and Municipal), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Concrete Canvas Market Overview

The global concrete canvas market was valued at USD 410.35 million in 2021. It is projected to grow at a CAGR of 11.8% between 2023 to 2032. The market is expected to grow due to increased infrastructural investments in emerging economies.

Global Concrete Canvas Market Scope:

Application Analysis

Slope protection applications dominated the market, accounting for more than 42.8% of the total revenue in 2021. Concrete canvas is used extensively in slope protection applications due to its many advantages, including flexibility and speed of construction. In 2021, the concrete canvas market’s ditch lining segment was responsible for 24.1% of its revenue. Concrete canvas is used for ditch lining to stop the growth of erosion, weed, and silt. Concrete canvas is quicker than traditional concrete solutions and requires less installation crew. These factors will increase product demand during the forecast period. Concrete Canvas is expected to increase use for bund lining and containment solutions. Concrete canvas is used in many industries, including oil and gas and petrochemical. It protects against erosion and abrasion.

Pipe protection was responsible for 17.4% of 2021’s revenue. Because it is resistant to water pressure, the product can be used to protect underground pipes from corrosion and leakage. Vent walls, outfalls, and gabion protection are examples of other applications. Concrete Canvas is widely used for slope and channel remediation in low water flow areas. The segment growth is expected to be driven by channel and slope construction expansion in emerging regions.

End-User Analysis

The military and defense sectors dominated the market, accounting for over 35.1% of the total revenue in 2021. It is used for protection, reinforcement, erosion control, and other purposes in defense. Concrete canvas is used to create shelters for the military and is expected to increase its demand over the forecast period. Roadway infrastructure was valued at US$ 60.3 million in 2021 and is expected to grow to US$ 135.7 million by 2032. Concrete canvas is used extensively in roadways infrastructure as an economical alternative to conventional concretes. It can be used for various applications, including channel lining and ditch lining for water management. In 2021, the railways’ segment accounted for around 12.3% of revenue. Concrete canvas is becoming more popular in the rail sector due to its ease of use, lower line possession, and increased safety. Market growth is expected to be fueled by rising government initiatives to improve road and rail construction in emerging nations. In India, for instance, US$ 11 billion was allocated by the Government to develop national highways.

From 2023 to 2032, the petrochemical industry will experience a volume-based CAGR of over 9.7%. Concrete canvas will increase demand due to its increased use in erosion and containment control applications. The segment growth is expected to be driven by a growing demand for petrochemicals, owing to their use in construction, manufacturing, and the automotive industry.

Concrete canvas is widely accepted on mining sites that require logical efficiency. The product can be used in extreme environments and is therefore well-suited. Concrete canvas can be easily installed on mining sites that have subzero temperatures. In 2021, the revenue share for municipal segments was 23.8%. Due to increased product use in sewage applications to reduce leakage and improve flow characteristics, the demand from the municipal segment is expected to grow shortly.

Кеу Маrkеt Ѕеgmеntѕ

By Application

• Ditch Lining
• Bund Lining
• Slope Protection
• Pipeline protection
• Other Application

By End-User

• Roadways Infrastructure
• Military & Defense
• Railways
• Mining
• Petrochemical
• Municipal

Market Dynamics:

Concrete Canvas is expected to be in high demand due to its ease of installation, low cost, and easy use. Concrete Canvas is cheaper than traditional concrete and has a lower logistical burden. Over the forecast period, the market will be driven by a growing desire for more efficient and innovative building materials.

The market in the U.S. is expected to grow at 9.2% per year by 2032 due to the increase in non-building construction. The market will be driven by ongoing industry efforts to raise awareness among engineers and constructors about concrete canvas’ benefits, including ease of installation, cost-effectiveness, and lower carbon footprints. Concrete canvas is increasingly used for multiple purposes, including slope protection against surface erosion, armor capping earth bunds in petrochemical tank farms, and construction of vent wall structures for mining. Concrete canvas can also be used to concretize agricultural sites around the globe, including in South Africa and Malaysia.

The market is expected to grow further due to increasing consumer preference for eco-friendly building materials. Concrete Canvas is expected to be more popular with builders in the future because it emits less carbon than conventional concrete.

Market volatility has been a major issue since the concrete canvas is primarily used in construction. The COVID-19 epidemic significantly impacted demand, with construction activity restricted in the initial phase. These factors could limit market growth over the forecast period.

Regional Analysis

The Asia Pacific was the dominant market, accounting for 39.2% of the total revenue in 2021. The region’s many emerging economies and the increasing number of roads and highway construction in countries like India, Japan, and China have led to enormous product demand. Stringent regulations governing the construction of green and sustainable buildings in Europe are driving the demand for concrete canvas. The European government has launched a Green Building program to increase awareness and invest in energy efficiency. North America’s market will grow rapidly due to the increased use of concrete canvas for erosion and containment control in the petrochemical sector. The U.S.’s increasing shale gas exploration is expected to boost the growth of the petrochemical sector, which can, in turn, stimulate product demand over the next few years.

The market in South and Central America is expected to experience high growth during the forecast period due to increased petrochemical production and economic growth. Product demand is expected to be driven by rising government investments in road infrastructure. For example, Brazil has sold off many infrastructural assets, including 12 airports and 27 others.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Due to low brand loyalty among consumers, the market has low industry competition. The market will likely see increased competition from new entrants and end-user industries shortly, even though consumers have less brand loyalty.

Маrkеt Кеу Рlауеrѕ:

• Concrete Canvas Ltd.
• Bekaert SA
• Nycon
• Milliken and Co.
• Euclid Chemical
• Sika Corporation
• Geofabrics
• Titan Environmental Containment
• Other Key Players

For the Concrete Canvas Market research study, the following years have been considered to estimate the market size: