According to a study published by Insure Insights, the global plastic tarpaulin market is estimated to grow at a CAGR of 6.3% during the forecast period. Tarpaulin is large sheets coated with polyesters and made of polyurethane or plastics. These are specially designed to be flexible, water-proof, and strong. These are also known as hooch and a tarp. These are widely employed in various sectors like packaging, agriculture, and manufacturing for their strong and low-cost nature. These sheets can protect important property and people from rain, wind, and other climatic conditions. Thus, these are extensively 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 the initial phases of paintings. They are also utilized on open jeeps and wagons to protect raw materials during transport. These are also commonly used in households to protect wood piles from rough weather or just seasonal change.

Top Driver: Rising Construction Activities and Growing Uncertainties in Climatic Conditions

The rising construction activities are expected to propel the growth of the plastic tarpaulin market during the forecast period. Major developed countries, including the US, China, and India, are expected to invest substantial sums in the growth of infrastructure across the world. This major expansion is expected to create lucrative opportunities for the plastic tarpaulin market in the coming future. Additionally, growing uncertainties in climatic conditions will also stimulate considerable growth for the plastic tarpaulin market. Although it is widely used in creating low-cost housing, the lack of a specialized product to create housing solutions is a possible opportunity in the market. These can be ideal during emergencies like storms, cyclones, among others.

High-density Polyethylene Segment is Anticipated to Witness Growth During the Forecast Period

The global plastic tarpaulin market has been segmented into high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyvinyl chloride (PVC), and others basis of material type. Among these, high-density polyethylene (HDPE) holds the largest market share and is estimated to continue the trend over the forecast period. The growth is attributed to the advantages offered by it, such as better product protection against dust and moisture. In addition, the material’s versatility to be used as a defensive covering in the automotive, infrastructure, agriculture, and as a floor spread, most commonly in residential and commercial applications. Based on the product type, the market is segmented into insulated tarps, UV-protected tarps, sports tarps, and others. Based on product weight, the market is segmented into less than 100 grams per square meter (GSM), 101–300 GSM, 301–600 GSM, and above 600 GSM.

Increased Penetration of Cement & Ash Concrete Construction to Benefit Asia Pacific Market

The Asia Pacific is estimated to dominate the global plastic tarpaulin market during the forecast period. Developing countries such as China & India have been witnessing rapid growth in urbanization over the past decade. In addition, increased penetration of cement & ash concrete construction has boosted the consumption of heavy-duty and waterproof fabrics such as tarpaulin in this region.

Players to Focus on Expanding Product Portfolio    

The global plastic tarpaulin market is anticipated to stay fragmented due to the new entrants. Major key players operating in the market include Heytex Bramsche GmbH, Sattler AG, Gia Loi JSC, KSA Polymer, Lamifabs & Papers Pvt. Ltd., VIETNAM HOA HA CO. LTD., Fulin Plastic Industry Co. Ltd., MahaShakti Polycoat, JK Plastopack Pvt. Ltd., I & M Tarpaulins Ltd., Tarpaulins Direct (UK) Limited, Cunningham Covers, K-TARP VINA Co. Ltd., Zhejiang MSD New Material Co. Ltd., and A & B Canvas Australia.

Scope of the Report

By Material Type 

• High-density polyethylene (HDPE)
• Low-density polyethylene (LDPE)
• Polyvinyl chloride (PVC)
• Others

By Product Type

• Insulated tarps
• UV-protected tarps
• Sports tarps
• Others

By Product Weight  

• Less than 100 grams per square meter (GSM)
• 101–300 GSM
• 301–600 GSM
• Above 600 GSM.

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.