Tarpaulin Sheets Market Growing at ACAGR by 4.6%, Reaching 12.1 Billion by 2031

0

The global tarpaulin sheet market is expected to witness seismic growth between 2022 and 2031 with a CAGR of 4.6%, reaching 12.1 billion by 2031. Additionally, besides manufacturers, tarpaulin sheets are used in the protection of agricultural products and plants from extreme weather conditions like heat, excessive rains, etc., which is expected to increase the market demand for tarpaulin sheets worldwide.

Request a sample report at- https://www.futuremarketinsights.com/reports/sample/rep-gb-5420

Tarpaulin sheets are used in different applications including the shipping of goods and products in the ship, where they are mainly used to cover and protect the cargo. They are also involved in the transport of products by road and rail. In agriculture, tarps protect crops and produce well from excessive rain and sun throughout the summer, which can adversely affect the condition of crops.

Tarp sheets are used as pond liners to collect and store water in addition to providing protection from temperature extremes. Polyvinyl chloride (PVC), a main substance used to make tarpaulin sheets, has antifungal and antistatic qualities which are attributed to its exceptional properties.

In the coming years, the market will be increasingly focused on the manufacture of recyclable tarpaulins. The growing demand for sustainable packaging solutions will give a tailwind to this trend and in turn pave the way for market expansion in the near future. The tarpaulin sheets serve their use in various applications which is expected to increase the market share of the global tarpaulin sheets market in the near future.

In June 2020, the Presena glacier in northern Italy was covered with extensive tarps to cover more than 100,000 square meters of the giant glacier to protect the glacier from melting due to global warming.

Get customization of this report for specific country – https://www.futuremarketinsights.com/customization-available/rep-gb-5420

Top Tarp Sheet Market Takeaways

  1. Sales of tarpaulin sheets will grow steadily, allowing the market to register a CAGR of 4.7% between 2021 and 2031
  2. Growing demand from the building and construction sector will support growth in the United States, which is expected to account for more than 84% of North American sales in 2021
  3. Recovery is in sight for the UK market as demand from the agricultural sector continues to increase
  4. The expansion of the agricultural sector allows the Indian market to show impressive growth
  5. China will continue to dominate the APEJ market, thanks to the high availability of raw materials

“Ease of handling and demand for flexible packaging solutions are driving tarpaulin sales. Companies operating in the market are currently emphasizing sustainable solutions to keep pace with changing market trends. There is more emphasis on greater recyclability, which will help the market grow in the years to come,” the IMF analyst says.

Environmental Concerns About Tarp Sheets Could Hamper Growth

Although tarpaulin sheets provide excellent protection for goods and products, they are also a cost effective packaging solution for manufacturers and consumers. However, the difficulty of biodegradability should restrict the adoption of tarpaulin sheets. Tarpaulin sheets take centuries to biodegrade, creating enormous harm to the environment, leading to marine and land pollution.

Compared with traditional tarpaulin sheets, recyclable tarpaulin sheets are expected to reduce environmental pollution and create more scope for market expansion in the coming days. The use of traditional tarpaulins is expected to negatively impact demand, especially in emerging economies such as Middle East and African countries, Singapore, Malaysia and other countries.

Key Segments Covered by Tarpaulin Sheet Industry Research

Type of product:

  • Insulated tarps
  • Hoarding tarps
  • Truck tarps
  • UV protected tarps
  • Sports tarps
  • Mesh Tarps
  • Others

Material:

  • Polyethylene (PE)
  • Polyvinyl chloride (PVC)
  • Poly ethylene terephthalate (PET)
  • Polyamide (PA)
  • Cloth

Product weight:

  • Less than 100 GSM
  • Between 100-300 GSM
  • Between 300 and 600 GSM
  • Above 600 GSM

Lamination type:

  • Up to 2 coats
  • 3-layer laminate
  • 4 layers laminate
  • Above 4 layers

End use:

  • Agriculture
  • Building construction
  • Cars
  • Storage, warehousing and logistics
  • Consumer goods
  • Others

Who wins?

Manufacturers are eyeing the premiumization of tarpaulin sheets which is expected to boost the global tarpaulin market. Not only do they produce premium tarpaulin sheets, but they build excellent brand image to appeal to consumers with low price sensitivity, high purchasing power and high brand loyalty. Also, manufacturers are focusing on making durable or environment-friendly tarpaulin sheets to reduce severe environmental impact, which in turn will bring consumer satisfaction and high profits.

Puyoung Industrial Corporation, Ltd., Fulin Plastic Industry Co., Ltd., Zhejiang Msd New Material Co., Ltd., Veer Plastics Private Limited and among others are the major players in the global tarpaulin sheet market. Tier 1 players hold 5-10% of the global tarpaulin sheet market, while Tier 3 players hold around 50-60% of the global tarpaulin sheet market.

Feel free to ask an analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-5420

Check out FMI’s extensive ongoing coverage on packaging

trash bag marketHigh performance characteristics and excellent tensile strength are expected to increase the market share of HDPE garbage bags. This segment accounted for nearly 30% revenue share in the trash bag market in Europe in 2016 and is expected to gain more than 100 basis points by 2026.

Micro-perforated film packaging market– Changing lifestyles and urbanization have contributed to an increase in the demand for food packaging, which has led to the expansion of the global microperforated film packaging market. Strong growth is expected to continue as favorable government reimbursement policies create an enabling environment for the adoption of micro-perforated films.

North America PET Blow Molding Machine MarketThe United States accounted for just over 70% of the North American PET blower market revenue in 2016 and is expected to grow 110 basis points by 2026. The United States is expected to experience a rapid annual growth rate of nearly 4% over the evaluation period.

About Us

Future Market Insights (FMI) is a leading market intelligence and advisory firm. We provide syndicated research reports, custom research reports and consulting services of a personalized nature. FMI provides a complete packaged solution, which combines current market insights, statistical trivia, technological inputs, valuable growth insights, and an overhead view of the competitive framework and future market trends.

Contact us
Unit number: 1602-006
Jumeirah Bay 2
Parcel number: JLT-PH2-X2A
Jumeirah Lakes TowersDubai
United Arab Emirates

LinkedIn| Twitter| Blogs

For sales inquiries: [email protected]
For media inquiries: [email protected]
Website: https://www.futuremarketinsights.com

Report https://www.futuremarketinsights.com/reports/tarpaulin-sheets-market

© Scoop Media

Share.

About Author

Comments are closed.