Press release

Composite Repairs Market - Worldwide Industry Size, Share, Trends and Forecast by 2023

Composite Repairs Market - Worldwide Industry Size, Share, Trends and Forecast by 2023

 

 
The composite repairs 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.

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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. 

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. 

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. 

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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.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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