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(Transportation-News.com, September 18, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Composite Repairs market for 2018-2023.
Composite repairs are carried out on damaged parts of aircraft, wind blades, automotive panels, hull & deck of boat, panels used in buildings, bridges, and leakage in pipe & tanks. Based on end-use industry, the aerospace & defense segment accounted for the largest share of the composite repairs market in 2015 and is expected to lead during the forecast period.
Among the three key repair processes, the hand lay-up process is majorly used during composite repairs in industries such as wind energy, construction, marine, transportation, and pipe & tank, as it is cost-effective. Based on process, the autoclave segment is projected to grow at the highest CAGR between 2016 and 2026 with increasing application in commercial aircraft and passenger cars due to high performance and surface finish requirements. Other processes include composite wrap, prepreg molding, and out-of-autoclave.
Over the next five years, this report projects that Composite Repairs will register a 8.0% CAGR in terms of revenue, reach US$ 34900 million by 2023, from US$ 22000 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Composite Repairs market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Structural
Semi-Structural
Cosmetic
Segmentation by application:
Aerospace & Defense
Wind Energy
Automotive & Transportation
Marine
Construction
Pipe & Tank
Other End-Use Industries
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Lufthanasa Technik, AG.
Air France-KLM E&M.
HAECO
Upwind Solutions
Total Wind Group A/S.
Technical Wind Services
Citadel Technologies.
Milliken Infrastructure.
T.D. Williamson.
West System.
WR Composite
Fibrwrap
Concrete Repairs Ltd.
Walker Technical Resources Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Composite Repairs consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Composite Repairs market by identifying its various subsegments.
Focuses on the key global Composite Repairs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Composite Repairs with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Composite Repairs submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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