Market Overview:
The global industrial repair materials market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial repair materials in general manufacturing, metallurgy, automotive, oil and gas, power plant, water treatment and mining applications. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the expanding industrial base and rising demand for industrial repair materials in countries such as China and India.
Product Definition:
Industrial Repair Materials are materials used for repairing or maintaining industrial equipment. They can include sealants, lubricants, and adhesives. Industrial Repair Materials are important because they help keep industrial equipment running properly and can prevent downtime.
Metal Repair:
Metal repair is a process used to restore or replace damaged parts in industrial machinery, transportation equipment, consumer goods and construction materials. The global metal repair market size was valued at USD 56.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to increasing demand for advanced technology products from end-use industries such as automotive & transportation, aerospace & defense and building & construction among others.
Rubber Repair:
Rubber is a durable synthetic material that is produced in the form of latex. It can be re-molded and reshaped after being vulcanized, which gives it it's elasticity. Rubber can also be recycled and reused; once it has been used for its intended purpose, the old tires are cut up and mixed with sulfuric acid to produce new rubber sheets or tires.
Application Insights:
The general manufacturing segment dominated the global industry repair materials market in terms of revenue share in 2017. General manufacturing includes heavy machinery and equipment used for various applications such as construction, mining, food processing, paper making and textile industries. The demand for these products is generally higher in developed regions compared to developing regions due to a high level of industrialization and growth of the manufacturing sector.
In recent years, there has been an increase in the use of digital technologies across all industries which has resulted in increased demand for electronics & electrical equipment along with other mechanical & technological devices that make up modern day appliances such as washing machines, refrigerators etcetera. This trend is expected to continue over the forecast period thus driving overall product demand from general manufacturing applications over the next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as increasing population, industrial development and rising living standards of consumers.
China has been a major contributor towards regional growth owing to rapid industrialization along with supportive government policies aimed at boosting domestic manufacturing activities in the country. Rapidly expanding oil & gas industry coupled with growing metal processing sector in Asia Pacific is also expected to boost demand for repair materials over the forecast period.
Europe was estimated as second-largest regional market after Asia Pacific by volume in 2017 due primarily to high concentration of automotive manufacturers across Germany, UK France Italy.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for industrial repair materials
- Growing popularity of composite materials in industrial applications
- Rising demand for lightweight and durable materials in manufacturing processes
- Proliferation of 3D printing technology for customized production of industrial repair materials
- Technological advancements that improve the performance and durability of industrial repair materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Repair Materials Market Research Report
By Type
Metal Repair, Rubber Repair, Concrete Repair, Others
By Application
General Manufacturing, Metallurgy, Automotive, Oil and Gas, Power Plant, Water Treatment, Mining, Marine, Others
By Companies
Henkel, H.B. Fuller, 3M, Dow, Sika, Belzona, ARC Industrial Coatings (Chesterton), Enecon, Alvin Products (Dampney), Chester Molecular, Unique Polymer Systems, Devcon(ITW), Abatron, Resimac, Momentive (KCC), Sharp Chemical, SealXpert Products, Darbond
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Repair Materials Market Report Segments:
The global Industrial Repair Materials market is segmented on the basis of:
Types
Metal Repair, Rubber Repair, Concrete Repair, 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
General Manufacturing, Metallurgy, Automotive, Oil and Gas, Power Plant, Water Treatment, Mining, Marine, 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:
- Henkel
- H.B. Fuller
- 3M
- Dow
- Sika
- Belzona
- ARC Industrial Coatings (Chesterton)
- Enecon
- Alvin Products (Dampney)
- Chester Molecular
- Unique Polymer Systems
- Devcon(ITW)
- Abatron
- Resimac
- Momentive (KCC)
- Sharp Chemical
- SealXpert Products
- Darbond
Highlights of The Industrial Repair Materials 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:
- Metal Repair
- Rubber Repair
- Concrete Repair
- Others
- By Application:
- General Manufacturing
- Metallurgy
- Automotive
- Oil and Gas
- Power Plant
- Water Treatment
- Mining
- Marine
- 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 Industrial Repair Materials 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
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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?
Industrial repair materials are products that are used in industrial settings to fix or maintain equipment. These products can include tools, parts, and other supplies.
Some of the major companies in the industrial repair materials market are Henkel, H.B. Fuller, 3M, Dow, Sika, Belzona, ARC Industrial Coatings (Chesterton), Enecon, Alvin Products (Dampney), Chester Molecular, Unique Polymer Systems, Devcon(ITW), Abatron, Resimac, Momentive (KCC), Sharp Chemical, SealXpert Products, Darbond.
The industrial repair materials market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Repair Materials 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 Industrial Repair Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Repair Materials 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 Industrial Repair Materials 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 Industrial Repair Materials Market Size & Forecast, 2018-2028
4.5.1 Industrial Repair Materials Market Size and Y-o-Y Growth
4.5.2 Industrial Repair Materials Market Absolute $ Opportunity
Chapter 5 Global Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Type
5.2.1 Metal Repair
5.2.2 Rubber Repair
5.2.3 Concrete Repair
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Applications
6.2.1 General Manufacturing
6.2.2 Metallurgy
6.2.3 Automotive
6.2.4 Oil and Gas
6.2.5 Power Plant
6.2.6 Water Treatment
6.2.7 Mining
6.2.8 Marine
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Repair Materials 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 Industrial Repair Materials 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 Industrial Repair Materials Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Type
9.6.1 Metal Repair
9.6.2 Rubber Repair
9.6.3 Concrete Repair
9.6.4 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 Industrial Repair Materials Market Size Forecast by Applications
9.10.1 General Manufacturing
9.10.2 Metallurgy
9.10.3 Automotive
9.10.4 Oil and Gas
9.10.5 Power Plant
9.10.6 Water Treatment
9.10.7 Mining
9.10.8 Marine
9.10.9 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 Industrial Repair Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Type
10.6.1 Metal Repair
10.6.2 Rubber Repair
10.6.3 Concrete Repair
10.6.4 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 Industrial Repair Materials Market Size Forecast by Applications
10.10.1 General Manufacturing
10.10.2 Metallurgy
10.10.3 Automotive
10.10.4 Oil and Gas
10.10.5 Power Plant
10.10.6 Water Treatment
10.10.7 Mining
10.10.8 Marine
10.10.9 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 Industrial Repair Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Type
11.6.1 Metal Repair
11.6.2 Rubber Repair
11.6.3 Concrete Repair
11.6.4 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 Industrial Repair Materials Market Size Forecast by Applications
11.10.1 General Manufacturing
11.10.2 Metallurgy
11.10.3 Automotive
11.10.4 Oil and Gas
11.10.5 Power Plant
11.10.6 Water Treatment
11.10.7 Mining
11.10.8 Marine
11.10.9 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 Industrial Repair Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Repair Materials 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 Industrial Repair Materials Market Size Forecast by Type
12.6.1 Metal Repair
12.6.2 Rubber Repair
12.6.3 Concrete Repair
12.6.4 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 Industrial Repair Materials Market Size Forecast by Applications
12.10.1 General Manufacturing
12.10.2 Metallurgy
12.10.3 Automotive
12.10.4 Oil and Gas
12.10.5 Power Plant
12.10.6 Water Treatment
12.10.7 Mining
12.10.8 Marine
12.10.9 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) Industrial Repair Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Repair Materials 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) Industrial Repair Materials Market Size Forecast by Type
13.6.1 Metal Repair
13.6.2 Rubber Repair
13.6.3 Concrete Repair
13.6.4 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) Industrial Repair Materials Market Size Forecast by Applications
13.10.1 General Manufacturing
13.10.2 Metallurgy
13.10.3 Automotive
13.10.4 Oil and Gas
13.10.5 Power Plant
13.10.6 Water Treatment
13.10.7 Mining
13.10.8 Marine
13.10.9 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 Industrial Repair Materials Market: Competitive Dashboard
14.2 Global Industrial Repair Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 H.B. Fuller
14.3.3 3M
14.3.4 Dow
14.3.5 Sika
14.3.6 Belzona
14.3.7 ARC Industrial Coatings (Chesterton)
14.3.8 Enecon
14.3.9 Alvin Products (Dampney)
14.3.10 Chester Molecular
14.3.11 Unique Polymer Systems
14.3.12 Devcon(ITW)
14.3.13 Abatron
14.3.14 Resimac
14.3.15 Momentive (KCC)
14.3.16 Sharp Chemical
14.3.17 SealXpert Products
14.3.18 Darbond
