The Composites Repair And Rehab Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Composites Repair And Rehab Market:
https://www.thebusinessresearchcompany.com/report/composites-repair-and-rehab-global-market-report
According to The Business Research Company’s Composites Repair And Rehab Global Market Report 2024, The composites repair and rehab market size has grown strongly in recent years. It will grow from $1.76 billion in 2023 to $1.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to aging infrastructure, increased use of composite materials, cost-effective repair solutions, stringent regulatory standards, environmental sustainability.
The composites repair and rehab market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to growing composite application areas, focus on infrastructure resilience, demand for lightweight structures, preventive maintenance practices. Major trends in the forecast period include integration of automation and robotics, development of sustainable composite repair solutions, increasing application in oil and gas pipelines, use of composite wraps for structural reinforcement, training and certification programs.
The rapid expansion of the automotive industry is expected to propel the growth of the composite repair and rehab market going forward. The automobile industry refers to producing and distributing self-powered vehicles, such as automobiles, trucks, agricultural machinery, and other commercial vehicles. Composites repair and rehab services reduce the weight of vehicles, enhance strength, offer excellent physical characteristics for automobiles, and offer excellent mechanical resistance compared to traditional materials. For instance, according to the Bureau of Transportation Statistics (BTS), a US-based agency that publishes information on transportation systems, new vehicle sales increased to 11,741 (Thousands of vehicles) in 2021 from 11,041 (Thousands of vehicles) sales in 2020. Therefore, the rapid expansion of the automotive industry is driving the composite repair and rehab market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12439&type=smp
The composites repair and rehab market covered in this report is segmented –
1) By Product: Glass Fiber Composites, Carbon Fiber Composite, Other Products
2) By Process: Hand Lay-up, Vacuum Infusion, Autoclave, Other Processes
3) By Application: Civil Infrastructure, Existing And Historic Building, Parking Structure, Other Applications
4) By End-User Industry: Aerospace And Defense, Wind Energy, Automotive,Marine, Construction, Other End-User Industries
Product Innovation is the key trend gaining popularity in the composite repair and rehab market. Major companies operating in the composite repair and rehab market are creating revolutionary products to improve their market share. For instance, in May 2022, Engineered Composite Solutions Limited, a Scotland-based company that creates, develops, and offers composite repair systems, launched FutureWrap Bio, an innovative and unique repair system produced from 70% plant oil. It is regarded as the pioneering product of its type, made with 70% plant-based oil for its epoxy structure, making it more ecologically sustainable than existing composite repair solutions.
The composites repair and rehab market report table of contents includes:
1. Executive Summary
2.Composites Repair And Rehab Market Characteristics
3. Composites Repair And Rehab Market Trends And Strategies
4. Composites Repair And Rehab market analysis
5.Composites Repair And Rehab Market Size And Growth
6. Composites Repair And Rehab Segmentation
7. Composites Repair And Rehab Regional And Country Analysis
.
.
.
27.Composites Repair And Rehab Competitive Landscape And Company Profiles
28.Composites Repair And Rehab Key Mergers And Acquisitions
29.Composites Repair And Rehab Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Hexcel Corporation
- Sherwin-Williams Company
- Fibrwrap Contractors S.A.
- 3M Company
- Composite Technology Inc.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Polypropylene and polypropylene composites are produced from the polymerization of propene.
It is the most adaptable and versatile fibre that has wide number of applications.
It is process as a film for packaging and labelling, and into fibres for clothing, apparel, carpets, bedsheets, amongst others.
It is also extensively used for injection moulded articles, wherein plastic products are manufactured by injecting molten substances into a mold, to produce various products including car bumpers, washing bowl etc.
They are fully recyclable, heat resistant and flexible components that reduce the overall cost and ensure minimal wastage.polypropylene and polypropylene composites market is expected to an estimated value of USD 87994.23 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
This rise in market value can be attributed to the growing demand of polypropylene and polypropylene composites are the low work cost and technological advancements associated with manufacturing.
