Construction Repair Composites Market Forecasts to 2028 – Global Analysis By Resin Type (Vinyl Easter, Epoxy), Fiber Type (Glass Fiber, Carbon Fiber), Product Type (Adhesive, Mesh, Plate, Rebar) and By Geography
According to Stratistics MRC, the Global Construction Repair Composites Market is accounted for $300.91 million in 2020 and is expected to reach $745.04 million by 2028 growing at a CAGR of 12.0% during the forecast period. The growing demand for construction repair projects and the high growth of the construction sector are the major factors propelling the market growth. However, higher costs compared to traditional substitutes are hampering the market growth.
Composite construction refers to the building construction that involves several dissimilar materials. Composite construction is used in building, watercraft, and aircraft construction. The composite materials are used in such construction activities due to their environmental sustainability, aesthetics, and enhanced strength.
Based on the product type, the rebar segment is estimated to have lucrative growth during the forecast period. Rebar is a light fiber-reinforced polymer, which possesses extensively high strength. The rebar’s are transparent to the magnetic field as well as to radio frequencies, thermally, and electrically non-conductive, and impervious to chemical attack, and hence are used as an alternative to the steel reinforcements in the construction industry.
By geography, the Asia Pacific is going to have a huge demand due to its growing demand owing to its strength-to-weight ratio, which is considered to be very beneficial in construction repair projects to enhance the lifespan of building structures. Moreover, the growing public construction projects in the region will further fuel the growth of the regional market.
Some of the key players profiled in the Construction Repair Composites Market include AB-Schomburg Yapi Kimyasallari, Armatsek, Chomarat Group, Dextra Group, Dowaksa, Firep Group, Fosroc, Fyfe, Mapei S.p.A., Owens Corning, Pultrall Inc., Sika, Simpson Strong-Tie Company Inc., Sireg Geotech S.R.L., and Strongwell.
Resin Types Covered:
• Vinyl Easter
Fiber Types Covered:
• Glass Fiber
• Carbon Fiber
Product Types Covered:
• Industrial Structure
• Oil & Natural Gas Pipe Line
• Silo Flue Pipe
• Water Structure
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.