The composites repair and rehab market is expected to reach $190 million by 2024

   July 17, 2019
According to a new market report published by Lucintel, the future in the global composites repair and rehab market for the construction industry is promising with opportunities in the civil infrastructure, existing and historic buildings, parking structures and others. The global composites repair and rehab market for the construction industry is expected to reach an estimated $190 million by 2024 with a CAGR of 4.7% from 2019 to 2024. The major driver for this market is with 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.

Browse 96 market data tables and 116 figures spread through 215 pages and in-depth TOC on “Global Composites Repair and Rehab Market"

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In this market, different types of composites repair and rehab such as carbon fiber composite, glass fiber composites and others are used as fiber type. On the basis of comprehensive research, Lucintel forecasts that the carbon fiber composites is expected to remain the largest fiber type by value and volume due to low cost, high resistance properties and chemical stability.

Within this market, civil infrastructure is expected to remain the largest application by value and volume 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 by value and volume and is also expected to experience the highest growth over the forecast period due to growth in infrastructural repair and rehab, especially in California which is the most affected state of natural calamities. According to Seismic Advisory Board of California, there are approximately 24000 bridges which are under the risk of collapse in the coming couple of years.

Emerging trend, which have a direct impact on the dynamics in the composites repair and rehab market for the construction industry, include increasing bio & recycled content in repair and rehab of civil infrastructures. Aegion, Sika, Mapei, Simpson, Structural Technologies, Quakewrap and others are among the major composites repair and rehab manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global composites repair and rehab market by application, fiber type, end use, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Composites Repair and Rehab Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global composites repair and rehab market by application, fiber type, end use and region as follows:

By Application (Volume (Million lbs) and $M shipment analysis for 2013 – 2024):

  • Civil infrastructure

  • Existing and Historic Building

  • Parking Structure

  • Others

By Fiber Type (Volume (Million lbs) and $M shipment analysis for 2013 – 2024):

  • Carbon Fiber Composite

  • Glass Fiber Composites and Others

By End use (Volume (Million lbs) and $M shipment analysis for 2013 – 2024):

  • Civil

  • Residential

 By Region (Volume (Million lbs) and $M shipment analysis for 2013 – 2024):

  • North America

  • Europe

  • Asia Pacific

  • The Rest of the World

This 215-page 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 click on this link or

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