Tarpaulin are large sheets coated with polyesters and made of polyurethane or plastics. These are designed to be water-proof, strong, and flexible. These are also called hooch and a tarp, among some of its several names. These are widely used in various sectors like agriculture, manufacturing, and packaging for their strong and low-cost nature. These sheets can protect important belongings and people from wind, rain, and other climatic conditions. Hence, these are widely used in construction to protect raw materials as well as workers. Their strength provides much needed protection for structures as well to prevent corrosion during initial phases of paintings. They are also used on open jeeps, and wagons to provide protection to raw materials during transport. These are also commonly used in households to protect wood piles during rough weather or just seasonal change. These are often the first point-of-contact for homeless people to build non-structured urban shelters.
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Plastic Tarpaulin Market: Notable Developments
Sioen Fabrics has signed an agreement with Techma Coatings. The agreement involves transfer of production equipment, portfolio, product formulations, and methods. the new agreement will transfer high-tech technology of Techma including Tarpaulin, sports goods, and silicon-coated breathable textiles to Sioen Fabrics. The company saw a turnover of EUR 13 million last year. Seyntex says it has decided to divest its coating activities in order to focus on its core activities, which consists of development, production and marketing of protective high-tech clothing with ballistic, knife or spike protection, fire protection, protection against chemical, biological, radiological and nuclear hazards, protection against severe weather conditions.
Cyclone Fani recently hit the Indian shores at 200 km per hour speeds leaving a wake of destruction for more than 1,000 villages and 50 towns. The cyclone left more than 1.4 million people in need of shelters. The relief teams across three states provided plastic tarpaulin sheets among other resources to the area. The urgency to put roof on people’s heads and the widespread destruction left by the cyclone are not uncommon to this area or several others in the region. The sheets will help provide the much-needed safety and protection for people during tough times. However, the sheets are made for general purpose and lack any kind of special purpose. This seems to be a pain-point in the market, wherein tarpaulin sheets are widely used for low-cost housing. However, a clear product to meet the needs in this remains largely ignored. The growth of housing for the poor and worsening climatic conditions may provide a significant opportunity for players in the plastic tarpaulin market.
Plastic Tarpaulin Market: Trends and Drivers
The growth of construction is expected to drive major growth for the plastic tarpaulin market in the near future. major economies including the US, China, and India are expected to invest considerable sums in the growth of infrastructure worldwide. According to some estimates, this will double the value of construction sector globally by 2030. This major expansion will likely create considerable opportunities for plastic tarpaulin market in the near future. Additionally, growing uncertainities in climatic conditons will also drive considerable growth for the plastic tarpaulin market. despite its widespread use in creating low-cost housing, lack of a specialised product to create housing solutions is a potential opportunity in the market. these can be ideal during emergencies like cyclones, storms among others.
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Plastic Tarpaulin Market: Geographical Analysis
The plastic tarpaulin market report will cover all the key regions of the globe including North America, Europe, Asia Pacific, and Latin America among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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