Global Plastic Tarpaulin Market was USD 7.43 Billion in 2018 and is projected is to exhibit 4.06% CAGR during the forecasted period. The tarps are water proof, fire resistant, and all-weather resistant tarps and often seen being used for heavy duty applications such as industrial covers and for jobs where a heavy-duty tarp is needed. Thus, the plastic tarpaulin sheets market is expected to further expand at considerable pace or the forecast period.
Growing Demand for Agricultural and Construction Industry
Most of the developing countries such as India, China Mexico, have witnessed rapid growth in urbanization over the past decade. Increased penetration of cement & ash concrete construction has enabled increase in consumption of heavy-duty PVC tarpaulin sheets. Along with that the region has wide agro based industry to store the produce demand for tarpaulin is ever increasing.
Low-cost Secure Option
Tarpaulin sheets are the most favored and globally acknowledged answer to guard products from destructive environmental conditions, such as rain, snow, dust, direct exposure to sunlight and others. Further these tarps provide a cost-efficient way to minimize the losses due to external factors.
Asia Pacific region holds the highest market of total market share in 2018. The key factors that drive the market include growing demand from the end user industries such as Construction, Agriculture and Transport. Moreover, the region has presence of key market leaders who are offering the end product at a very reasonable cost.
Plastic Tarpaulin Market Segmentation
The Global Plastic Tarpaulin Market is segmented into Types, Application and Regions. On the basis of the types the market is further bifurcated into Polyethylene (PE), Poly Vinyl Chloride (PVC), Polypropylene (PP), Nylon, Organic Silicone Type, Glass Fiber Type. By Application Types, the market is classified into Goods Storage, Transportation & Protection, Tents & Buildings, Automobiles & Marines and Agricultural Canopies. Based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Plastic Tarpaulin Market Competitive Landscape
The players associated with the global Plastic Tarpaulin Market are Heytex, Shur-Co, Midwest Canvas, Gyoha, Dothan Tarpaulin Products, Sattler Group, Puyoung Industrial, Tarpia, Glenn Harp & Sons, Gosport Manufacturing and Delong
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3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
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