According to Stratistics MRC, the Global Construction Repair Composites Market is accounted for $300.91 million in 2020 and is expected to reach $745.04 million by 2028 growing at a CAGR of 12.0% during the forecast period. The growing demand for construction repair projects and the high growth of the construction sector are the major factors propelling the market growth. However, higher costs compared to traditional substitutes are hampering the market growth.
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By geography, the Asia Pacific is going to have a huge demand due to its growing demand owing to its strength-to-weight ratio, which is considered to be very beneficial in construction repair projects to enhance the lifespan of building structures. Moreover, the growing public construction projects in the region will further fuel the growth of the regional market.
Some of the key players profiled in the Construction Repair Composites Market include AB-Schomburg Yapi Kimyasallari, Armatsek, Chomarat Group, Dextra Group, Dowaksa, Firep Group, Fosroc, Fyfe, Mapei S.p.A., Owens Corning, Pultrall Inc., Sika, Simpson Strong-Tie Company Inc., Sireg Geotech S.R.L., and Strongwell.
Resin Types Covered:
• Vinyl Easter
• Epoxy
Fiber Types Covered:
• Glass Fiber
• Carbon Fiber
Product Types Covered:
• Adhesive
• Mesh
• Plate
• Rebar
• Textile/Fabric
Applications Covered:
• Bridge
• Commercial
• Industrial Structure
• Oil & Natural Gas Pipe Line
• Residential
• Silo Flue Pipe
• Water Structure
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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