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Carbon Fiber Construction Repair Market Trends

Report ID: GMI7559
Published Date: Dec 2023
Report Format: PDF

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Carbon Fiber Construction Repair Market Trends

The carbon fiber construction repair industry is experiencing momentous trends such as rising awareness on eco-friendly and sustainable construction solutions, pouring carbon fiber repair demand owing to its reduced environmental impact and durability. Furthermore, the advanced manufacturing technologies and method development is improving carbon fiber materials’ scalability and cost-efficiency. There's also a rising trend in R&D efforts to innovate and create new applications for carbon fiber in construction, expanding its versatility. These trends collectively signify a shift towards more resilient, sustainable, and technologically advanced construction practices.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of carbon fiber construction repair was worth USD 86 million in 2022 and is estimated to reach USD 214.1 million by 2032, owing to the growing demand for durable, lightweight, and strong materials in construction.

Rebar segment accounted for a market value of USD 34.6 million in 2022 and will grow significantly through 2032, due to extensive infrastructure projects, urbanization, and construction developments around the world.

U.S. carbon fiber construction repair market was reached USD 19.1 million in 2022 and is anticipated to expand at a significant pace over 2023-2032, attributed to the expanding capabilities of technology, leveraging the R&D tools, and putting significant money in infrastructure projects.

AB-SCHOMBURG Yapi Kimyasallari A.S., Antop Global Technology, Chomarat Group, Critica Infrastructure, Dextra Group, Dowaksa, Fosroc Inc., Mapei SpA, Master Builders Solutions, Mitsubishi Chemical Corporation, Rhino Carbon Fiber Reinforcement Products, SIKA AG, Sireg Geotech S.r.l., and Toray Industries Inc.