The global composite repair and rehab in the global construction industry market is projected to reach $372.1 million by 2028, at a CAGR of 1.9% during 2022-2028. The growth of composite repair and rehab in the global construction industry market is driven by the 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the composite repair and rehab in the global construction industry 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the composite repair and rehab in the global construction industry market?
Q.4 What are some changing demands of customers in the composite repair and rehab in the global construction industry market?
Q.5 What are the new developments in the composite repair and rehab in the global construction industry market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this composite repair and rehab in the global construction industry area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this composite repair and rehab in the global construction industry market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing bio & recycled content in repair and rehab of civil infrastructures, and development of new fire-resistant polymers to improve fire performance of composites for civil infrastructural applications.
Market Segmentation:
Based on application, the composite repair and rehab in the global construction industry market is segmented into civil infrastructure, existing and historic buildings, parking structures and others. The civil infrastructure segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during 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.
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.
Key Players in the composite repair and rehab in the global construction industry market are Aegion, Sika, Mapei, Simpson Strong-Tie, and BASF Construction Chemicals Italia Spa (Master Builders Solution).
Request Sample Pages by clicking on https://www.lucintel.com/composite-repair-and-rehab-in-construction-industry.aspx
The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/composite-repair-and-rehab-in-construction-industry.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy AlmaguerLucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email: Send Email
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/