Composites

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334640

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334640

Global Composite Repair Market Size study & Forecast, by Product Type, by Process, by End-User Industry and Regional Analysis, 2023-2030

PUBLISHED: August 10, 2023

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Global Composite Repair Market is anticipated to grow with a growth rate of more than 8% over the forecast period 2023-2030. Composite repair refers to the process of restoring, reinforcing, or enhancing the structural integrity of composite materials through the application of specialized techniques and materials. It involves repairing damages, such as cracks, delamination, or impact damage, in composite structures using methods such as bonding, patching, or reinforcement. Composite repairs are aimed at extending the lifespan of composite components. They are crucial for ensuring safety and maintaining the desired performance. Composite repairs are an essential aspect of maintenance and structural integrity in various industries. These industries include aerospace, automotive, wind energy, and infrastructure. The factors driving the market are increasing demand for lightweight materials and growing infrastructure investments.

The International Energy Agency (IEA) highlights the significant benefits of light weighting vehicles through the use of composites in the automotive industry. According to the IEA, incorporating composites in vehicles can lead to a substantial reduction in fuel consumption. Specifically, cars can experience a fuel consumption reduction ranging from 18% to 50%, while trucks can achieve a fuel consumption reduction of 15% to 25%. Another factor driving the market growth is growing infrastructure investments. According to The American Society of Civil Engineers (ASCE) estimated that the US needs to invest USD 4.5 trillion by 2025 to repair and upgrade its infrastructure. Moreover, advancements in composite repair technologies and increasing demand for renewable energy may create lucrative opportunities in the market. However, the limited adoption in traditional industries and high initial costs for setting up composite repair facilities stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Composite Repair Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of established aerospace and defense industry, advanced manufacturing capabilities and expertise in composite fabrication and focus on sustainability and environment concerns. However, Asia Pacific is expected to be the fastest growing region during the forecast period, owing to factors such as rising investments in infrastructure, increasing demand for lightweight materials, and expanding renewable energy sector.

Major market player included in this report are:

Boeing Company
Air France KLM Group
Composite Technology Inc.
Crawford Composites LLC
Lufthansa Technik AG
The IKM Group
WR Composites
TD Williamson Inc.
Hong Kong Aircraft Engineering Company Limited (HAECO)
Clock Spring Company Inc.

Recent Developments in the Market:

In March 2023, Honeywell and Lufthansa Technik have announced an enhanced collaboration on Lufthansa Technik's digital platform, AVIATAR, with the goal of improving the customer experience in aviation analytics.
In May 2022, Boeing India's collaboration with AIESL (Air India Engineering Services Limited) is expected to boost the BIRDS (Boeing India Repair Development and Sustainment) hub initiative. This collaboration between Boeing and AIESL will contribute to the development of a competitive MRO (Maintenance, Repair, and Overhaul) ecosystem in India.

Global Composite Repair Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Process, End-User Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product Type:

Structural
Semi-Structural
Cosmetic

By Process:

Hand Lay-Up
Vacuum Infusion
Autoclave
Other Processes

By End-User Industry:

Aerospace and Defense
Wind Energy
Automotive
Marine
Construction
Other End-User Industries

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Composite Repair Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Composite Repair Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Composite Repair Market, by Process, 2020-2030 (USD Billion)
- 1.2.4. Composite Repair Market, by End-User Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Composite Repair Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Composite Repair Market Dynamics

3.1. Composite Repair Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for lightweight materials
  - 3.1.1.2. Growing infrastructure investments
- 3.1.2. Market Challenges
  - 3.1.2.1. Limited adoption in traditional industries
  - 3.1.2.2. High initial costs for setting up composite repair facilities
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in composite repair technologies
  - 3.1.3.2. Increasing demand for renewable energy

Chapter 4. Global Composite Repair Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Composite Repair Market, by Product Type

5.1. Market Snapshot
5.2. Global Composite Repair Market by Product Type, Performance - Potential Analysis
5.3. Global Composite Repair Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Composite Repair Market, Sub Segment Analysis
- 5.4.1. Structural
- 5.4.2. Semi-Structural
- 5.4.3. Cosmetic

Chapter 6. Global Composite Repair Market, by Process

6.1. Market Snapshot
6.2. Global Composite Repair Market by Process, Performance - Potential Analysis
6.3. Global Composite Repair Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
6.4. Composite Repair Market, Sub Segment Analysis
- 6.4.1. Hand Lay-Up
- 6.4.2. Vacuum Infusion
- 6.4.3. Autoclave
- 6.4.4. Other Processes

Chapter 7. Global Composite Repair Market, by End-User Industry

7.1. Market Snapshot
7.2. Global Composite Repair Market by End-User Industry, Performance - Potential Analysis
7.3. Global Composite Repair Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
7.4. Composite Repair Market, Sub Segment Analysis
- 7.4.1. Aerospace and Defense
- 7.4.2. Wind Energy
- 7.4.3. Automotive
- 7.4.4. Marine
- 7.4.5. Construction
- 7.4.6. Other End-User Industries

Chapter 8. Global Composite Repair Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Composite Repair Market, Regional Market Snapshot
8.4. North America Composite Repair Market
- 8.4.1. U.S. Composite Repair Market
  - 8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Process breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-User Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Composite Repair Market
8.5. Europe Composite Repair Market Snapshot
- 8.5.1. U.K. Composite Repair Market
- 8.5.2. Germany Composite Repair Market
- 8.5.3. France Composite Repair Market
- 8.5.4. Spain Composite Repair Market
- 8.5.5. Italy Composite Repair Market
- 8.5.6. Rest of Europe Composite Repair Market
8.6. Asia-Pacific Composite Repair Market Snapshot
- 8.6.1. China Composite Repair Market
- 8.6.2. India Composite Repair Market
- 8.6.3. Japan Composite Repair Market
- 8.6.4. Australia Composite Repair Market
- 8.6.5. South Korea Composite Repair Market
- 8.6.6. Rest of Asia Pacific Composite Repair Market
8.7. Latin America Composite Repair Market Snapshot
- 8.7.1. Brazil Composite Repair Market
- 8.7.2. Mexico Composite Repair Market
8.8. Middle East & Africa Composite Repair Market
- 8.8.1. Saudi Arabia Composite Repair Market
- 8.8.2. South Africa Composite Repair Market
- 8.8.3. Rest of Middle East & Africa Composite Repair Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Boeing Company
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Air France KLM Group
- 9.3.3. Composite Technology Inc.
- 9.3.4. Crawford Composites LLC
- 9.3.5. Lufthansa Technik AG
- 9.3.6. The IKM Group
- 9.3.7. WR Composites
- 9.3.8. TD Williamson Inc.
- 9.3.9. Hong Kong Aircraft Engineering Company Limited (HAECO)
- 9.3.10. Clock Spring Company Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Composite Repair Market, report scope
TABLE 2. Global Composite Repair Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Composite Repair Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Composite Repair Market estimates & forecasts by Process 2020-2030 (USD Billion)
TABLE 5. Global Composite Repair Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
TABLE 6. Global Composite Repair Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Composite Repair Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Composite Repair Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Composite Repair Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Composite Repair Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Composite Repair Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Composite Repair Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Composite Repair Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Composite Repair Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Composite Repair Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Composite Repair Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Composite Repair Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Composite Repair Market
TABLE 71. List of primary sources, used in the study of global Composite Repair Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Composite Repair Market, research methodology
FIG 2. Global Composite Repair Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Composite Repair Market, key trends 2022
FIG 5. Global Composite Repair Market, growth prospects 2023-2030
FIG 6. Global Composite Repair Market, porters 5 force model
FIG 7. Global Composite Repair Market, pest analysis
FIG 8. Global Composite Repair Market, value chain analysis
FIG 9. Global Composite Repair Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Composite Repair Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Composite Repair Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Composite Repair Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Composite Repair Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Composite Repair Market, regional snapshot 2020 & 2030
FIG 15. North America Composite Repair Market 2020 & 2030 (USD Billion)
FIG 16. Europe Composite Repair Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Composite Repair Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Composite Repair Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Composite Repair Market 2020 & 2030 (USD Billion)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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