psalexa

Global Composite Repair Market Size, Share, Development, Growth and Demand Forecast to 2024

  • Publishing: May 2021
  • Report Code: CM10956
  • Available Format: PDF

The composite repair market is expected to rise during the forecast period (2017-2023) due to rising cost of the composite part replacements, and feasible and cost effective repairment. Commercial aircrafts namely Boeing 787 Dreamliner and Airbus A350 are showing a rise in composite contents thus providing an opportunity to carry out composite repairs on damaged structural parts of aircraft frames, wind turbine blades, automotive panels.

According to the Royal Society of Chemistry (RSC), composite materials can be defined as the combination of two or more constituent materials that possess different composite properties (including physical and chemical properties), which when combined, produce a superior and unique material having different characteristics.

The global market for composite repair are categorized on the basis of type, process, end use, and region. Based on type, the composite repair market is classified into structural repair, semi structural repair and cosmetic. Based on process, the composite repair market is segmented into hand lay-up, vacuum infusion, autoclave, and other process like composite wrap, out-of-autoclave, prepreg molding. The hand lay-up process is widely incorporated in industries such as wind energy, construction, marine transportation, and pipes and tanks. The autoclave process, due to their high performance and smooth surface finish, is projected to bring in demand from commercial aircrafts and passenger cars.

The global composite repair market, on the basis of end use, can be segmented into aerospace and defense, wind energy, automotive and transportation, marine, construction, and pipe and tank. The global composite repair market is expected to rise during the forecast period on account of increasing penetration into the passenger vehicle market. As a result, automotive and transportation sector is expected to be the fastest-growing end-use segment in global composite repair market during the forecast period. China, Japan, India and Southeast Asia countries are influencing the growth of composite repair market for aerospace and defense sectors due to increasing repairs and maintenance.

Asia-Pacific has been projected to lead the global composite repair market due to strong government initiatives focusing on a cleaner environment, thereby, implanting wind energy turbines. With multinational companies entering countries in the Middle East and Africa regions and government supporting the aerospace industry, the global composite repair market is expected to flourish during the forecast period. This would in turn, increase the job opportunities in the Maintenance, Repair and Operations (MRO).

The recent developments in the field of self-healing composites include hollow fibers, lost wax process and solid-state self-healing helps in detecting damage, and change shape, hence can hinder the growth of the global composite repair market. The shortage of skilled technicians has hampered the growth of composite repair market, which has further led to increasing difficulties in fulfilling the new technological advancements varying from industry to industry.

The companies operating in composite repair market include Lufthansa Technik AG, Air France KLM E&M, HAECO, UpWind Solution, Total Wind Group A/S, Technical Wind Services, Citadel Technologies, Milliken Infrastructure, T.D. Williamson, West Systems, WR composites, Fibrwrap, and Concrete Repairs Ltd.

Market segmentation

By type

  • Structural repair
  • Semi-structural
  • Cosmetic

By process

  • Hand lay-up
  • Vacuum infusion
  • Autoclave
  • Other processes
    • Composite wrap
    • Out-of-autoclave
    • Prepreg molding

By end-use

  • Aerospace and defense
  • Wind energy
  • Automotive and transportation
  • Marine
  • Construction
  • Pipe and tank

By region

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • U.K
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Australia and New Zealand
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Rest of Asia-Pacific
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
Place An Order
USD 4900 USD 6400 USD 8400
Customized Report Solution

Get a bespoke market intelligence solution

 
We are committed to ensuring the highest level of client satisfaction
Quality Acknowledgement
Quality Acknowledgement

Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you

Unmatched Standards
Unmatched Standards

Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights

Reach Us
Reach Us Whenever You Need Us

With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required

Data Security
Complete Data Security

We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws