Global Composites Repair And Rehab Market Size By Product (Glass Fiber Composites, Carbon Fiber Composite), By Application (Civil infrastructure, Existing and Historic Building, Parking Structure), By Geographic Scope And Forecast

Composites Repair And Rehab Market Size And Forecast

Composites Repair And Rehab Market size was valued at USD 1,747.52 Million in 2022 and is projected to reach USD 3,093.58 Million by 2030, growing at a CAGR of 7.48% from 2023 to 2030.

Composites have outstanding corrosion resistance, strength-to-weight ratios, and fatigue qualities, such as carbon fiber-reinforced polymers (CFRP). The requirement for composite repair and rehab services to sustain and increase the lifespan of these structures is being driven by the rising demand for lightweight materials in sectors including construction, wind energy, aerospace, and automotive. The Global Composites Repair And Rehab Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Composites Repair And Rehab Market Definition

Repair and rehabilitation in construction refer to determining the origin of stress, removing the damaged materials and causes of distress along utilizing appropriate repair material that will extend the building’s overall life. General rehabilitation and repair methods utilize concrete or steel sheets to re-introduce or enhance structural properties such as ductility or strength.

The aim of repairs and rehabilitation is to improve the performance under prevailing loads or to even further augment the potency of the structural components to convey additional loads. The different types of composites repair and rehab such as , , and others are used as fiber types.

Global Composites Repair And Rehab Market Overview

The Global Composites Repair And Rehab Market for the construction industry is promising with opportunities in the civil infrastructure, existing and historic buildings, parking structures, and others. However, the emerging trends, which have a direct impact on the dynamics in the Composites Repair And Rehab Market for the construction industry, include increasing bio & recycled content in the repair and rehab of civil infrastructures. Carbon fiber composites are expected to remain the largest fiber type by value and volume due to low cost, high resistance properties, and chemical stability.

Global Composites Repair And Rehab MarketSegmentation Analysis

The Global Composites Repair And Rehab Market is segmented on the basis of Product, Application, and Geography.

Composites Repair And Rehab Market, By Product

• Glass Fiber Composites
• Carbon Fiber Composite
• Others

To Get Summarized Market Report By Product-

Based on Product, the market has been segmented into Glass Fiber Composites, Carbon Fiber Composite, and Others. Glass Fiber Composites accounted for the largest market in 2020, during the forecast period. Carbon Fiber Composite was the second-largest market in 2020. Carbon fiber composites are gradually emerging as a modern alternative to steel and aluminum due to their high strength, high stiffness, and low weight. Carbon fiber has an extensive range of applications as it can be formed at several densities in various shapes and sizes. Glass-fiber composite is a kind of fiber-reinforced polymer composite comprised of properties such as low density, and high strength and is widely used in the aerospace, automotive, and construction industries.

Composites Repair And Rehab Market, By Application

• Civil infrastructure
• Existing and Historic Building
• Parking Structure
• Others

Based on Application, the market has been segmented into Civil infrastructure, Existing and Historic buildings, Parking Structure, and Others. Civil infrastructure accounted for the largest market in 2020, during the forecast period. Existing and Historic Building was the second-largest market in 2020.

Composites Repair And Rehab Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

To Get Summarized Market Report By Geography- 

On the basis of Regional Analysis, the Global Composites Repair And Rehab Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific accounted for the largest market share and North America was the second largest in 2020. Asia pacific region is considered to be the biggest production center of Composites Repair and Rehab as it has emerged as a major producer and supplier of Composites Repair and Rehab to the entire world. The manufacturing operations in the Asia-Pacific region have expanded owing to several acquisitions and the opening of new sites in the region.

Key Players

The “Global Composites Repair And Rehab Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Air France KLM Group, Aegion, BASF, Sika, Simpson Strong-Tie Company, Inc., Mapei, Boeing Company, Lufthansa Technik AG, Hong Kong Aircraft Engineering Company Limited. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• Aegion Corporation a leading provider of infrastructure maintenance, rehabilitation, and protection solutions has a merger agreement with affiliates of New Mountain Capital, L.L.C.
• BASF SE. German chemical company BASF expanded its presence in China with the acquisition of alkoxylates production assets from Sinopec Shanghai Petrochemical Company (SPC). As part of the deal, BASF acquired SPC’s land, buildings, and assets that are located adjacent to its facility in Jinshan, China.

Ace Matrix Analysis

The ace matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Composites Repair And Rehab Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Composites Repair And Rehab Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope