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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.
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.