Press release
Leading Growth Driver in the Composites Repair And Rehab Market in 2025: Automotive Industry Expansion Fuels Growth In Composite Repair And Rehab Market Driver's Influence
What market dynamics are playing a key role in accelerating the growth of the composites repair and rehab market?
The surge in the automotive industry's growth is anticipated to drive the composite repair and rehab market's expansion. The auto industry involves the manufacture and distribution of self-propelling vehicles, which include automobiles, trucks, agricultural equipment, and other business vehicles. Composite repair and rehab offerings contribute to vehicle weight reduction, increased strength, superior physical attributes, and exceptional mechanical resistance in comparison to conventional materials. For instance, a report by Marklines, a Japanese advertising firm, revealed that in December 2023, light vehicle seasonally adjusted annualized sales (SAAR) hit 16.08 million units, an impressive rise from 13.77 million units in December 2022. Furthermore, total sales for 2023 reached 15,608,386 units, which is a 12.3% increase over the sales at the close of 2022. Hence, the swift expansion of the automotive sector is propelling the growth of the composite repair and rehab market.
Get Your Composites Repair And Rehab Market Report Here:
https://www.thebusinessresearchcompany.com/report/composites-repair-and-rehab-global-market-report
How will the growth rate of the composites repair and rehab market shape industry trends by 2034?
Recent years have seen robust growth in the composites repair and rehab market size. The market is projected to escalate from $1.91 billion in 2024 to $2.07 billion in 2025, showing a compound annual growth rate (CAGR) of 8.4%. Factors such as aging infrastructure, rising adoption of composite materials, cost-effective repair alternatives, strict regulatory norms, and considerations for environmental sustainability have contributed to this growth in the historical period.
In the coming years, the market size of the composites repair and rehab sector is predicted to experience substantial growth. Estimated to mature to $2.9 billion at a Compound Annual Growth Rate (CAGR) of 8.7% in 2029, the growth primarily stems from factors such as the expansion of composite application fields, the emphasis on the durability of infrastructure, the requirement for lightweight structures, and the implementation of preventive maintenance methods. Notable trends over the forecast period encompass the assimilation of robotics and automation, the evolution of eco-friendly composite repair solutions, growing use in oil and gas pipelines, the employment of composite wraps for structural fortification, and the emergence of training and certification programs.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12439&type=smp
What trends are poised to drive the future success of the composites repair and rehab market?
Product Innovation is emerging as a dominant trend in the composite repair and rehabilitation sector. Major corporations in this market are designing groundbreaking products in an effort to elevate their market presence. For example, in May 2022, Engineered Composite Solutions Limited, a firm based in Scotland that creates composite repair systems, debuted FutureWrap Bio. This novel repair system, made from 70% plant oil, is considered the first of its kind, using 70% plant-derived oil in its epoxy formulation, thereby making it more environmentally friendly than current composite repair alternatives.
Which primary segments of the composites repair and rehab market are driving growth and industry transformations?
The composites repair and rehab market covered in this report is segmented -
1) By Product: Glass Fiber Composites, Carbon Fiber Composite, Other Products
2) By Process: Hand Lay-up, Vacuum Infusion, Autoclave, Other Processes
3) By Application: Civil Infrastructure, Existing And Historic Building, Parking Structure, Other Applications
4) By End-User Industry: Aerospace And Defense, Wind Energy, Automotive, Marine, Construction, Other End-User Industries
Subsegments:
1) By Glass Fiber Composites: E-Glass Fiber Composites, S-Glass Fiber Composites, Hybrid Glass Fiber Composites
2) By Carbon Fiber Composites: Prepreg Carbon Fiber Composites, Thermoset Carbon Fiber Composites, Thermoplastic Carbon Fiber Composites
3) By Other Products: Aramid Fiber Composites, Natural Fiber Composites, Specialty Composites
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12439
Which geographical regions are pioneering growth in the composites repair and rehab market?
Asia Pacific was the largest region in the composites repair and rehab market in 2024. The regions covered in the composites repair and rehab market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the composites repair and rehab market landscape?
Major companies operating in the composites repair and rehab market include Hexcel Corporation, Sherwin-Williams Company, Fibrwrap Contractors S.A., 3M Company, Composite Technology Inc., Air France KLM S.A., Simpson Strong-Tie Company Inc., Aegion Corporation, Mapei, Gurit Services AG, The IKM Group, Sika AG, CSNRI Composites, WichiTech Industries Inc., The Boeing Company, TD Williamson Inc., Crawford Composites LLC, Hong Kong Aircraft Engineering Company Limited, Citadel Technologies, BASF SE, Team Inc., WR Composites, Milliken Infrastructure Solutions LLC., Henkel AG & Co KGaA
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12439&type=smp
What Is Covered In The Composites Repair And Rehab Global Market Report?
• Market Size Forecast: Examine the composites repair and rehab market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the composites repair and rehab market for a structured understanding.
• Key Players Overview: Analyze major players in the composites repair and rehab market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the composites repair and rehab market.
• Segment Contributions: Evaluate how different segments drive overall growth in the composites repair and rehab market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the composites repair and rehab market.
• Industry Challenges: Identify potential risks and obstacles affecting the composites repair and rehab market.
• Competitive Landscape: Review strategic developments in the composites repair and rehab market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The surge in the automotive industry's growth is anticipated to drive the composite repair and rehab market's expansion. The auto industry involves the manufacture and distribution of self-propelling vehicles, which include automobiles, trucks, agricultural equipment, and other business vehicles. Composite repair and rehab offerings contribute to vehicle weight reduction, increased strength, superior physical attributes, and exceptional mechanical resistance in comparison to conventional materials. For instance, a report by Marklines, a Japanese advertising firm, revealed that in December 2023, light vehicle seasonally adjusted annualized sales (SAAR) hit 16.08 million units, an impressive rise from 13.77 million units in December 2022. Furthermore, total sales for 2023 reached 15,608,386 units, which is a 12.3% increase over the sales at the close of 2022. Hence, the swift expansion of the automotive sector is propelling the growth of the composite repair and rehab market.
Get Your Composites Repair And Rehab Market Report Here:
https://www.thebusinessresearchcompany.com/report/composites-repair-and-rehab-global-market-report
How will the growth rate of the composites repair and rehab market shape industry trends by 2034?
Recent years have seen robust growth in the composites repair and rehab market size. The market is projected to escalate from $1.91 billion in 2024 to $2.07 billion in 2025, showing a compound annual growth rate (CAGR) of 8.4%. Factors such as aging infrastructure, rising adoption of composite materials, cost-effective repair alternatives, strict regulatory norms, and considerations for environmental sustainability have contributed to this growth in the historical period.
In the coming years, the market size of the composites repair and rehab sector is predicted to experience substantial growth. Estimated to mature to $2.9 billion at a Compound Annual Growth Rate (CAGR) of 8.7% in 2029, the growth primarily stems from factors such as the expansion of composite application fields, the emphasis on the durability of infrastructure, the requirement for lightweight structures, and the implementation of preventive maintenance methods. Notable trends over the forecast period encompass the assimilation of robotics and automation, the evolution of eco-friendly composite repair solutions, growing use in oil and gas pipelines, the employment of composite wraps for structural fortification, and the emergence of training and certification programs.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12439&type=smp
What trends are poised to drive the future success of the composites repair and rehab market?
Product Innovation is emerging as a dominant trend in the composite repair and rehabilitation sector. Major corporations in this market are designing groundbreaking products in an effort to elevate their market presence. For example, in May 2022, Engineered Composite Solutions Limited, a firm based in Scotland that creates composite repair systems, debuted FutureWrap Bio. This novel repair system, made from 70% plant oil, is considered the first of its kind, using 70% plant-derived oil in its epoxy formulation, thereby making it more environmentally friendly than current composite repair alternatives.
Which primary segments of the composites repair and rehab market are driving growth and industry transformations?
The composites repair and rehab market covered in this report is segmented -
1) By Product: Glass Fiber Composites, Carbon Fiber Composite, Other Products
2) By Process: Hand Lay-up, Vacuum Infusion, Autoclave, Other Processes
3) By Application: Civil Infrastructure, Existing And Historic Building, Parking Structure, Other Applications
4) By End-User Industry: Aerospace And Defense, Wind Energy, Automotive, Marine, Construction, Other End-User Industries
Subsegments:
1) By Glass Fiber Composites: E-Glass Fiber Composites, S-Glass Fiber Composites, Hybrid Glass Fiber Composites
2) By Carbon Fiber Composites: Prepreg Carbon Fiber Composites, Thermoset Carbon Fiber Composites, Thermoplastic Carbon Fiber Composites
3) By Other Products: Aramid Fiber Composites, Natural Fiber Composites, Specialty Composites
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12439
Which geographical regions are pioneering growth in the composites repair and rehab market?
Asia Pacific was the largest region in the composites repair and rehab market in 2024. The regions covered in the composites repair and rehab market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the composites repair and rehab market landscape?
Major companies operating in the composites repair and rehab market include Hexcel Corporation, Sherwin-Williams Company, Fibrwrap Contractors S.A., 3M Company, Composite Technology Inc., Air France KLM S.A., Simpson Strong-Tie Company Inc., Aegion Corporation, Mapei, Gurit Services AG, The IKM Group, Sika AG, CSNRI Composites, WichiTech Industries Inc., The Boeing Company, TD Williamson Inc., Crawford Composites LLC, Hong Kong Aircraft Engineering Company Limited, Citadel Technologies, BASF SE, Team Inc., WR Composites, Milliken Infrastructure Solutions LLC., Henkel AG & Co KGaA
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12439&type=smp
What Is Covered In The Composites Repair And Rehab Global Market Report?
• Market Size Forecast: Examine the composites repair and rehab market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the composites repair and rehab market for a structured understanding.
• Key Players Overview: Analyze major players in the composites repair and rehab market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the composites repair and rehab market.
• Segment Contributions: Evaluate how different segments drive overall growth in the composites repair and rehab market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the composites repair and rehab market.
• Industry Challenges: Identify potential risks and obstacles affecting the composites repair and rehab market.
• Competitive Landscape: Review strategic developments in the composites repair and rehab market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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