According to the recent study the composite repair and rehab in the global construction market is projected to reach an estimated $287 million by 2030 from $240 million in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by increase in seismic activities in North America and Japan regions resulting in major structural damages like old and obsolete buildings, bridges, highways, tunnels, parking structure etc.
Browse 99 figures/charts
and 80 tables in this 239-page report to understand trends, opportunities and
forecast in composite repair and rehab in the global construction market by
application (civil infrastructure, existing and historic buildings, parking
structures and others), fiber type (carbon fiber composite, glass fiber
composites and others), end use (civil, and residential), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
civil infrastructure will remain the largest end use segment and it is also
expected to witness highest growth rate over the forecast period due to high
performance of FRP materials than conventional concrete and steel repair
material in bridges, highways and tunnels resulting in increase in service
life, reduction in maintenance costs, faster construction, and can allow
increased vehicular load on equivalent sized structures because of weight
reduction.
Carbon Fiber composite
repair and rehab in the global construction market will remain the largest
segment and it is expected to witness the highest growth over the forecast
period due to low cost, high resistance properties and chemical stability.
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composite
repair and rehab in the global construction market.
North America is
expected to remain the largest region over the forecast period because of
growth in infrastructural repair and rehab, especially in California which is
the most affected state of natural calamities. APAC is expected to witness
highest growth over the forecast period.
Aegion, Sika, Mapei,
Simpson Strong-Tie, and BASF Construction Chemicals Italia Spa (Master Builders
Solution) are among the major composite repair and rehab in the global
construction providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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