The global Tarpaulin market size was valued at US$ xxxx.x million in 2017. The market is foretell to propel at a CAGR of x.x% in the upcoming years of 2018-2025. Most of the revenue for the market is driven by end-user sector such as automotive, building & construction, agriculture and other industries. Moreover, mounting applications of tarpaulin sheets in transportation and logistics sector has helped in the growth of global tarpaulin market owing to rapid development of modes of transit, especially in emerging nations. Also, there is less possibility of the introduction of an immediate alternative for tarpaulin in the market. In addition to that, tarpaulins is a major source of advertisement as well as brand promotion. All these factors reinforce the global tarpaulin market share over the forecast period. However, as tarpaulin is not immensely dependable and with moderate penetrating force, damage may take place. Tarpaulin when used as sheets wear out and lose their waterproofing abilities as there is development of tiny holes. Moreover, this may hamper global tarpaulin market growth.
Geographically, the global tarpaulin market is largely based in the North America, especially the U.S. and Canada. The U.S tarpaulin market is likely to grow at a CAGR of x.x% in the upcoming years and the dominant part of the market by material type is PVC tarpaulin sheet. Studying the Latin America tarpaulin market, focused countries are Mexico, Argentina, Brazil and Rest of Latin America. The Brazil tarpaulin market is envisioned to register a growth of x.x% CAGR in the forecast period.
Development in end use sectors like agriculture, automotive, building & construction, and other industries are projected to drive revenue and roll in new tarpaulin market trends 2018 over the forecast period. Higher number of PVC tarpaulin sheet applications owe to its durability and robustness that are expected to boost the global PVC tarpaulin sheets market. Also, PVC tarpaulins sheets are considered a base for brand promotion. Moreover, the probability of launching an instant alternative that has similar strength of PVC tarpaulin sheets in the market which very low. All this factors are expected to add to the growth of global PVC tarpaulin sheets market over the forecast period.
tarpaulin industry is highly fragmented. Monopoly is impractical in the United States market. But, the key players highly focus on advanced product designing and development. This supports the companies reinforce their product in earning maximum revenue and repertoire. The major players catering the tarpaulin market are KSA Polymer, VIETNAM HOA HA CO. LTD., Gia Loi JSC., Veer Plastics, Maha shakti Polycoat, Canadian Tarpaulin Manufacturers LTD., J Clemishaw 1870 Ltd., Tan Dai Hung Plastic JSC., Tu Phuong Tarpaulin, K-TARP VINA Co. Ltd., C&H Tarps Co., Ltd., Bag Poly International, Tara Tradelink, Cunningham Covers., Fulin Plastic Industry Co., Ltd., Tarpaulins Direct (UK) Limited and I & M Tarpaulins Ltd.
Key segments of ‘Global Tarpaulin Market’
Based on product type, the market has been segmented into,
- Insulated Tarps
- Hoarding Tarps
- Truck Tarps
- UV Protected Tarps
- Sports Tarps
- Mesh Tarps
Based on end-use, the market has been segmented into,
- Building & Construction
- Storage, Warehousing & Logistics
- Consumer Goods
Based on region, the market has been segmented into,
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
What to expect from the upcoming report on ‘Global Tarpaulin Market’:
- Future prospects and current trends of the global tarpaulin market by the end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing economies
- Supportive initiatives by government likely to influence the market dynamics
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
- In-depth analysis of different market segmentations including regional segmentations, and product types
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.