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The global carbon fiber construction repair industry is highly competitive, with key players like Sika AG and Toray Industries Inc. leading the industry. Companies focus on creating advanced carbon fiber solutions that are strong, durable, and easy to use.
However, the high cost of carbon fiber materials limits its widespread use, making price competitiveness an important factor. To expand their reach, companies build strong distribution networks and partner with construction firms. Sustainability is also a priority, as businesses work on eco-friendly and cost-effective solutions to meet market demand.
Continuous research and development, along with customized products, help companies stay ahead by addressing the specific needs of the structural repair market effectively.
Major players operating in the carbon fiber construction repair industry are:
The global market size for carbon fiber construction repair was valued at USD 102.8 million in 2024 and is projected to reach USD 252.3 million by 2034, driven by a CAGR of over 10.5% during the forecast period due to increasing demand for repair and rehabilitation solutions.
The rebar segment accounted for 44.4% of the market share in 2024 and is expected to grow significantly, driven by rising infrastructure projects and the need for durable and earthquake-resistant structures.
Major players in the industry include Aksa, Carbon Light, Fosroc, Horse Construction, Mapei, Master Builders Solutions, Mitsubishi Chemical Corporation, Rhino Carbon Fiber, Sika, Sireg Geotech, and Toray Industries.
The U.S. market generated USD 23.2 million in 2024, driven by sustainable construction practices and initiatives to renew aging infrastructure.