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Construction Repair Composites Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Fibrolux GmbH, Hughes Brothers Inc., Fiberon LLC, Schöck Bauteile GmbH, Strongwell Corp

17 Jun, 2022 | 116 Pages
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Registering a CAGR of 8.2% over the forecast period, the market value of Construction Repair Composites is expected to reach US$ 540.70 million in the year 2027.



Construction Repair Composites Market Overview



Construction repair composites are primarily used in a variety of applications such as bridges, water structures, silo flue pipes, and many others. Because of their low shrinkage and higher strength, epoxy resin composites are sometimes preferred in construction repair applications. Epoxies are principally used in high-performance composites with superior mechanical properties and chemical, heat, and corrosion resistance.



The global demand for construction repair projects from various applications is driving growth in the construction repair composites industry. Due to COVID-19, demand for construction repair composites is expected to fall in 2020. The end of the lockdown and recovery in the end-use industries, on the other hand, will boost demand during the forecast period.



The global composites repair and rehab market for the construction industry has a bright future, with opportunities in civil infrastructure, existing and historic buildings, parking structures, and other areas. The increase in seismic activity in North America and Japan is a major driver for this market, resulting in major structural damages such as old and obsolete buildings, bridges, highways, tunnels, parking structures, and so on.



The report aspects discussed the profile of the top manufacturers of the global Construction Repair Composites market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Construction Repair Composites Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.



Who are the Major Players in the Construction Repair Composites Market?



The global Construction Repair Composites include the identification and analysis of the various market participants competing in the global market. Prominent competitors include Fibrolux GmbH, Hughes Brothers Inc., Fiberon LLC, Schöck Bauteile GmbH, Strongwell Corp., Advanced Environmental Recycling Technologies (AERT) Inc., Trex Company Inc., Exel Composites Oyj, Diversified Structural Composites (Exel Composites Group), Jamco Corp., Bedford Reinforced Plastics, UPM Biocomposites (UPM-Kymmene Oyj) and others.



Industry News and Updates:



Fiberon has introduced Wildwood composite cladding.



9th March 2021— Fiberon has introduced Wildwood composite cladding, which combines the unrivalled beauty and warmth of wood with the durability of high-performance, low-maintenance materials. For added design flexibility, Wildwood composite cladding has an open-joint profile and is available in a variety of board lengths and widths.



Fibrolux GmbH provides more than 16 kilometres of pultruded deck beams for the Marshal Jozef Pilsudski Bridge.



January 25, 2022: Fibrolux, one of Europe's largest pultruders and a technology leader in the development and manufacture of pultruded composites, is pleased to announce the completion of its largest civil engineering project to date. Fibrolux provided more than 16km of large-scale custom fiberglass pultrusion for the refurbishment of the 1km Marshal Jozef Pilsudski Bridge in Torun, Poland, with double-width pedestrian and cycling walkways.





What are the major Applications, Types, and Regions for the Construction Repair Composites Market?



The market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • Glass Fiber

  • Carbon Fiber

  • Others



By Application, it is segmented into




  • Bridge

  • Residential

  • Water Structure

  • Commercial

  • Others



Construction composites were most commonly used in industrial applications. This is primarily due to construction composites' anti-corrosion and moisture-proof properties, which make them suitable for applications such as walkways, stairways, trash gates, and gratings. The second-largest segment is residential applications. This is because residential construction and infrastructure development activities in emerging economies are increasing.



Construction Repair Composites Market Regional Analysis



Due to strong government initiatives focusing on a cleaner environment, such as the installation of wind energy turbines, Asia-Pacific is expected to lead the composite repair market. By 2025, Asia-Pacific is expected to invest up to USD 250 billion in solar and wind energy projects. Defense manufacturing in India has improved, and the country's export of defense equipment, including Cheetah helicopters, to countries such as Afghanistan, Indonesia, Nepal, Vietnam, South Korea, Myanmar, Israel, Russia, and others has increased. The ISRO is also developing spacecraft at a rapid pace.



During the forecast period, this is likely to drive the composite repair market in the Asia-Pacific region. With multinational corporations investing in Asia-Pacific countries and governments supporting the aerospace industry, demand for composite repair is expected to grow in this region.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Construction Repair Composites Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Construction Repair Composites Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Construction Repair Composites Market report scope?



Scope of the Report covers the Construction Repair Composites Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Construction Repair Composites Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.



























































Report Attributes



Report Details



Report Title



Construction Repair Composites Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Fibrolux GmbH, Hughes Brothers Inc., Fiberon LLC, Schöck Bauteile GmbH, Strongwell Corp



Forecast Period 2022 to 2027 CAGR



CAGR of 8.2% over the forecast period (2022-2027)



By Type




  • Glass Fiber

  • Carbon Fiber

  • Others



By Application




  • Bridge

  • Residential

  • Water Structure

  • Commercial

  • Others



By Companies



Fibrolux GmbH, Hughes Brothers Inc., Fiberon LLC, Schöck Bauteile GmbH, Strongwell Corp., Advanced Environmental Recycling Technologies (AERT) Inc., Trex Company Inc., Exel Composites Oyj, Diversified Structural Composites (Exel Composites Group), Jamco Corp., Bedford Reinforced Plastics, UPM Biocomposites (UPM-Kymmene Oyj)



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



116



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Construction Repair Composites Report




  • Evaluate Construction Repair Composites market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the Construction Repair Composites market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?





The Construction Repair Composites Market is studied from 2017 - 2027.



What is the growth rate of the Construction Repair Composites Market?





The Construction Repair Composites Market is growing at a CAGR of 8.2% over the next 5 years.



Who are the key players in Construction Repair Composites Market?



Fibrolux GmbH, Hughes Brothers Inc., Fiberon LLC, Schöck Bauteile GmbH, Strongwell Corp., Advanced Environmental Recycling Technologies (AERT) Inc., Trex Company Inc., Exel Composites Oyj, Diversified Structural Composites (Exel Composites Group), Jamco Corp., Bedford Reinforced Plastics, UPM Biocomposites (UPM-Kymmene Oyj)



What regions does this Construction Repair Composites Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Construction Repair Composites Market?



Glass Fiber, Carbon Fiber, Others



What are the major end-use applications of Construction Repair Composites Market?



Bridge, Residential, Water Structure, Commercial, Others



 



All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL CONSTRUCTION REPAIR COMPOSITES MARKET BY APPLICATION

    3. GLOBAL CONSTRUCTION REPAIR COMPOSITES MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR GLOBAL CONSTRUCTION REPAIR COMPOSITES RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. GLOBAL CONSTRUCTION REPAIR COMPOSITES GROWTH

      2. APPLICATION OF GLOBAL CONSTRUCTION REPAIR COMPOSITES



    4. IMPACT OF COVID 19



  5. GLOBAL CONSTRUCTION REPAIR COMPOSITES MARKET, BY TYPES

    1. INTRODUCTION

    2. GLASS FIBER

    3. CARBON FIBER

    4. OTHERS



  6. GLOBAL CONSTRUCTION REPAIR COMPOSITES MARKET, BY APPLICATION

    1. INTRODUCTION

    2. BRIDGE

    3. RESIDENTIAL

    4. WATER STRUCTURE

    5. COMMERCIAL

    6. OTHERS



  7. GLOBAL CONSTRUCTION REPAIR COMPOSITES MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. FIBROLUX GMBH

      2. HUGHES BROTHERS INC.

      3. FIBERON LLC

      4. SCHÖCK BAUTEILE GMBH

      5. STRONGWELL CORP.

      6. ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES (AERT) INC.

      7. TREX COMPANY INC.

      8. EXEL COMPOSITES OYJ

      9. DIVERSIFIED STRUCTURAL COMPOSITES (EXEL COMPOSITES GROUP)

      10. JAMCO CORP.

      11. BEDFORD REINFORCED PLASTICS

      12. UPM BIOCOMPOSITES (UPM-KYMMENE OYJ)





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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