Market Overview:
The global construction repair composite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for construction repair composites from residential, commercial, and bridge applications. In terms of type, the glass fiber segment is expected to lead the global construction repair composite market during the forecast period. This can be attributed to its high strength-to-weight ratio and low thermal expansion coefficient as compared with other types of composites such as carbon fiber and others. In terms of region, North America is expected to lead the global construction repair composite market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A composite material is made from two or more materials with different physical or chemical properties that are combined to create a new material. The resulting material has qualities that are different from the individual components. Construction repair composites (CRC) are a type of composite used in construction to repair and strengthen damaged concrete structures. CRCs are made of a polymer matrix and reinforcing fibers, typically steel or fiberglass. When mixed with water, the CRC forms a paste that can be applied to concrete surfaces.
Glass Fiber:
Glass fiber is a type of lightweight, strong, and durable fiber that is made from silica. It has high tensile strength & low thermal expansion property. Glass fibers are used in various industries including construction, automotive & transportation and electronics owing to its properties such as corrosion resistance, high compressive strength and excellent flexibility.
Carbon Fiber:
Carbon fiber is a material made from carbon atoms that are bonded together in crystals aligned parallel to the fiber. Carbon fibers are used for their high strength and low weight properties which make them very useful in manufacturing composite materials. The most common types of carbon fibers include prepreg, aramid, and para-aramid.
Application Insights:
The residential segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing construction activities in urban areas, especially in developing countries like India and China. Residential constructions are generally less demanding compared with commercial or industrial buildings, thus resulting in lesser damage caused by construction accidents involving this application sector.
Commercial applications include office buildings, hotels, hospitals & clinics, educational institutions (schools), retail outlets (supermarkets), restaurants & hotels and other public amenities such as stadiums or playgrounds. These structures require minimal maintenance as compared to residential structures which makes it an ideal application forCCPCs owing to its lightweight property which reduces transportation cost significantly on account of reduced weight limit imposed by airlines for baggage allowance per passenger ticketing system on account of safety regulations set by regulatory authorities such as IATA (International Air Transport Association).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing infrastructure spending and rapid development in economies, such as China and India. In addition, rising population coupled with growing urbanization has led to an increase in demand for construction materials including composites. This factor is anticipated to drive market growth over the next eight years.
Europe accounted for a significant share of global revenue due to stringent regulations by bodies like American National Standards Institute (ANSI) and European Composites Industry Association (ECIA). These organizations regulate various properties of composites, such as strength, durability, safety etc., which will have a positive impact on industry growth. Moreover, high demand from countries like Germany and U.K.
Growth Factors:
- Increasing demand for construction and repair services due to the growth of the construction industry.
- Rising demand for lightweight and durable composite materials in construction and repair applications.
- Growing popularity of composites among end-users due to their superior properties such as high strength, stiffness, durability, and low weight.
- Technological advancements in the production of composites that are helping reduce manufacturing costs and making them more affordable for end-users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Repair Composite Market Research Report
By Type
Glass Fiber, Carbon Fiber, Others
By Application
Residential, Commercial, Bridge, Others
By Companies
Sika, Mapei SpA, Fosroc, Master Builders Solutions, Simpson Strong-Tie Company Inc., Fyfe, DowAksa, Dextra Group, Chomarat Group, Sireg Geotech S.r.l., Owens Corning
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Construction Repair Composite Market Report Segments:
The global Construction Repair Composite market is segmented on the basis of:
Types
Glass Fiber, Carbon Fiber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Bridge, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika
- Mapei SpA
- Fosroc
- Master Builders Solutions
- Simpson Strong-Tie Company Inc.
- Fyfe
- DowAksa
- Dextra Group
- Chomarat Group
- Sireg Geotech S.r.l.
- Owens Corning
Highlights of The Construction Repair Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass Fiber
- Carbon Fiber
- Others
- By Application:
- Residential
- Commercial
- Bridge
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Construction Repair Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Construction Repair Composite is a material that is made up of two or more materials that have been combined to create a new product. The most common types of construction repair composite are fiberglass and plastic.
Some of the major companies in the construction repair composite market are Sika, Mapei SpA, Fosroc, Master Builders Solutions, Simpson Strong-Tie Company Inc., Fyfe, DowAksa, Dextra Group, Chomarat Group, Sireg Geotech S.r.l., Owens Corning.
The construction repair composite market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Construction Repair Composite Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Construction Repair Composite Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Construction Repair Composite Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Construction Repair Composite Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Construction Repair Composite Market Size & Forecast, 2018-2028
4.5.1 Construction Repair Composite Market Size and Y-o-Y Growth
4.5.2 Construction Repair Composite Market Absolute $ Opportunity
Chapter 5 Global Construction Repair Composite Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Construction Repair Composite Market Size Forecast by Type
5.2.1 Glass Fiber
5.2.2 Carbon Fiber
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Construction Repair Composite Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Construction Repair Composite Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Bridge
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Construction Repair Composite Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Construction Repair Composite Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Construction Repair Composite Analysis and Forecast
9.1 Introduction
9.2 North America Construction Repair Composite Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Construction Repair Composite Market Size Forecast by Type
9.6.1 Glass Fiber
9.6.2 Carbon Fiber
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Construction Repair Composite Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Bridge
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Construction Repair Composite Analysis and Forecast
10.1 Introduction
10.2 Europe Construction Repair Composite Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Construction Repair Composite Market Size Forecast by Type
10.6.1 Glass Fiber
10.6.2 Carbon Fiber
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Construction Repair Composite Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Bridge
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Construction Repair Composite Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Construction Repair Composite Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Construction Repair Composite Market Size Forecast by Type
11.6.1 Glass Fiber
11.6.2 Carbon Fiber
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Construction Repair Composite Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Bridge
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Construction Repair Composite Analysis and Forecast
12.1 Introduction
12.2 Latin America Construction Repair Composite Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Construction Repair Composite Market Size Forecast by Type
12.6.1 Glass Fiber
12.6.2 Carbon Fiber
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Construction Repair Composite Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Bridge
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Construction Repair Composite Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Construction Repair Composite Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Construction Repair Composite Market Size Forecast by Type
13.6.1 Glass Fiber
13.6.2 Carbon Fiber
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Construction Repair Composite Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Bridge
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Construction Repair Composite Market: Competitive Dashboard
14.2 Global Construction Repair Composite Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika
14.3.2 Mapei SpA
14.3.3 Fosroc
14.3.4 Master Builders Solutions
14.3.5 Simpson Strong-Tie Company Inc.
14.3.6 Fyfe
14.3.7 DowAksa
14.3.8 Dextra Group
14.3.9 Chomarat Group
14.3.10 Sireg Geotech S.r.l.
14.3.11 Owens Corning
