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Carbon Fiber Construction Repair Market Size, Opportunities, Top Companies, Share, Regional Growth, Key Segmentation, and Forecast to 2028

07-09-2024 11:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 163 market data Tables and 49 Figures spread through 196 Pages and in-depth TOC on "Carbon Fiber Construction Repair Market"

Browse 163 market data Tables and 49 Figures spread through 196 Pages and in-depth TOC on "Carbon Fiber Construction Repair Market"

The Carbon Fiber Construction Repair Market is growing swiftly due to its superior strength and lightweight properties. North America dominates with extensive infrastructure upgrades, followed by Europe. Asia-Pacific shows notable growth, driven by increasing construction activities and urbanization.
The carbon fiber construction repair market [https://www.marketsandmarkets.com/Market-Reports/carbon-fiber-construction-repair-market-161390861.html] is projected to grow from USD 119 million in 2023 to USD 192 million by 2028, at a CAGR of 10.0% during the forecast period. Construction repair carbon fiber products possess various properties, such as high strength, high elastic modulus, low weight, high temperature tolerance, high chemical resistance, and fatigue strength, which make them an ideal choice for the construction repair industry. The usual applications of carbon fiber construction repair products include repairing and adding more strength to structures made up of concrete, timber, steel, cast iron, or masonry.

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Carbon Fiber Construction Repair Companies

Major manufacturers in the carbon fiber construction repair [https://www.marketsandmarkets.com/Market-Reports/carbon-fiber-construction-repair-market-161390861.html] market are based in North America and Europe. SIKA AG (Switzerland), Mapei SpA (Italy), Fosroc Inc. (UAE), Master Builders Solutions (Germany), Critica Infrastructure (US), AB-SCHOMBURG Yapi Kimyasallari A.S. (Turkey), Dowaksa (UAE), Dextra Group (Thailand), Rhino Carbon Fiber Reinforcement Products (US), Mitsubishi Chemical Corporation (Japan), Toray Industries Inc. (Japan), Simpson Strong-Tie Company Inc. (US), Antop Global Technology Co., Ltd. (China), Sireg Geotech S.r.l. (Italy), and Chomarat Group (US) are among a few leading players operating in the carbon fiber construction repair market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the carbon fiber construction repair market further.

Sika AG (Switzerland)

Sika is a global organization headquartered in Baar, Switzerland, that manufactures, processes, and sells specialty chemical products for bonding, sealing, damping, reinforcing, and protecting. The company provides advanced solutions with applications in a variety of industries, but it focuses heavily on the building and construction industry. Carbon fiber and glass fiber-reinforced polymer products are manufactured by the company for use in construction. Sika's operations are divided into two business segments: products for the construction industry and products for industrial manufacturing.

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Mapei SpA (Italy)

Mapei SpA is a multinational Italian corporation headquartered in Milan, Italy. The company primarily manufactures chemicals, sealants, and adhesives for the construction industry. The company provides its products to provide solutions for various construction and repair industry applications such as residential, commercial buildings, infrastructure, and industrial applications. Through its structural strengthening product line, it provides composite products made of carbon fiber and glass fiber that are primarily used in construction and other building applications.

Master Builders Solutions (Germany)

Master Builders Solutions, formerly headquartered in Ohio and now acquired by MBCC, offers advanced chemical solutions for new construction, maintenance, repair, or renovation of structures. The company develops, manufactures, and distributes concrete admixtures, cement additives, solutions for underground construction, waterproofing systems, concrete repair and protection systems, performance grouts, and flooring systems. It produces glass, carbon, and aramid fiber products, such as rods, mesh, and fabric, which have various applications in the field of construction and civil engineering.

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About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=carbon-fiber-construction-repair-market-size-opportunities-top-companies-share-regional-growth-key-segmentation-and-forecast-to-2028]
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