Chemical and Materials

Image

U.S. Composite Repair Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Apr 2023
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

U.S. Composite Repair Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 1349986.69 Million
Diagram Market Size (Forecast Year) USD 2167966.45 Million
Diagram CAGR %

U.S. Composite Repair Market, By Material (Carbon Fiber, Fiber Glass, Quartz, Kevlar, and Others), Type (Cosmetic, Resin Injection, Semi-Structural Plug/Patch, Structural Mechanically–Fastened Doubler, Structural Bonded External Doubler, Structural Flush Repair, Scarf Repair, Patch Repair), Process (Hand lay-up, Vacuum infusion, Autoclave, Vacuum Bagging, Others), Application (High pressure system, Bends, Flanges, Valves, Gaskets, Fittings, Pressurized vessels, others), Industry (Aerospace, Defence, Energy Generation, Construction, Automotive, Marine, Oil and Gas, Chemical, Petrochemical, Power, Water Utilities, Aircraft manufacturing, Pipeline Industry, Heavy Industries, Sporting goods, Others) – Industry Trends and Forecast to 2030.

U.S. Composite Repair Market Analysis and Size

Vacuum infusion, scarf repair, vacuum bag sealing, and other technical procedures are used in composite restorations to fix flaws in damaged laminate structures, fiber-reinforced composite, and other composite materials. The system also provides thermal and electrical insulation while preventing cracks and corrosion from developing in the damaged area. The market is being influenced by the expanding use of composite repairs in various equipment, including bends, flanges, gaskets, fittings, primary body connections, and nozzles in important end-use industries such as automotive, aerospace, building and construction, and marine. Additionally, the composite repair process has high applicability in the energy generation sector due to its mechanical advantages, which also influence the growth of the composite repair market.

Data Bridge Market Research analyses that the U.S. composite repair market, valued at USD 1349986.69 thousand in 2022, will reach USD 2167966.45 thousand by 2030, growing at a CAGR of 6.1% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

U.S. Composite Repair Market Scope and Segmentation  

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Material (Carbon Fiber, Fiber Glass, Quartz, Kevlar, and Others), Type (Cosmetic, Resin Injection, Semi-Structural Plug/Patch, Structural Mechanically–Fastened Doubler, Structural Bonded External Doubler, Structural Flush Repair, Scarf Repair, Patch Repair), Process (Hand lay-up, Vacuum infusion, Autoclave, Vacuum Bagging, Others), Application (High pressure system, Bends, Flanges, Valves, Gaskets, Fittings, Pressurized vessels, others), Industry (Aerospace, Defence, Energy Generation, Construction, Automotive, Marine, Oil and Gas, Chemical, Petrochemical, Power, Water Utilities, Air craft manufacturing, Pipeline Industry, Heavy Industries, Sporting Goods, Others)

Market Players Covered

Lufthansa Technik (Germany), COMPPAIR (Switzerland), Engineered Composite Solutions Limited (Scotland), Citadel Building System Private Limited. (Australia), Milliken and Company (U.S.), T.D. Williamson, Inc. (U.S.), Hexcel Corporation (U.S.), Gurit Services AG (Switzerland), 3M (U.S.), Henkel AG and Co. KGaA (Germany), The Sherwin-Williams Company (U.S.), Heatcon (U.S.), WichiTech Industries Inc (U.S.), Carbon By Design (U.S.), Optimum Composites Technologies, LLC. (U.S.), Wentech (Canada), LAP GmbH (Germany)

Market Opportunities

  • Initiating New Wind Energy Projects led to expansion in the market
  • Successful Automotive Production surges in market growth

Market Definition

Composite Repairs are technological procedures that fix flaws in damaged laminate structures, fiber-reinforced composite, and other composite materials. These procedures include vacuum infusion, scarf repair, and vacuum bag sealing. The bonded composite repair stops cracks from forming or spreading by reducing stresses in the damaged area. In the sports equipment, automotive, aerospace, marine, and land transportation markets, composite materials are used in various applications. Damage to composite components is sometimes challenging to see with the naked eye. For structural elements, appropriate Non-Destructive Test (NDT) methods are the best way to gauge the degree of damage.

U.S. Composite Repair Market Dynamics

Drivers

  • Demand for defense and aerospace will drive the expansion of the composite repair market

Demand for composite materials is rising quickly, particularly in the aerospace sector. Commercial transport aircraft use composite materials extensively because the lighter airframe allows for better fuel economy and lower operating costs. The market for composite repairs is likely to be driven by the rising composite content in new-generation commercial aircraft such as the Boeing 787 Dreamliner and Airbus A350.  Composite materials make up almost 50% of the weight of the Boeing 787. In the following ten years, it is anticipated that these fibers' consumption will increase significantly due to rising defense industry investments. The demand for composite repair is expected to be driven by aerospace and defense during the forecast period due to the aforementioned factors.

  • Demand for travel and tourism will drive the expansion of the composite repair market

With a greater emphasis on travel and tourism, the increased air traffic will likely increase demand for commercial and passenger aircraft. The use of aramid fiber in the defense sector has increased alongside that in aerospace. Along with people's growing enthusiasm for travel, the demand for aerospace and other vehicles has increased, raising the demand for repair services. The demand for maintenance rises as the number of services is offered, which spurs market expansion.

Opportunities

  • Initiating New Wind Energy Projects led to expansion in the market

Composite materials are primarily used in wind turbine blades and nacelles through their low weight, high strength, and design flexibility. The most important components of wind turbines, the edges, require maintenance two to three times annually. With the growing shift toward sustainable energy sources for electricity, countries have begun implementing numerous wind energy projects. Wind energy is primarily used to generate electricity. In addition, the U.S. Energy Department announced five new wind energy projects in 2021 that would develop 2GW of electricity. The growth of the composite repairs industry will be positively impacted by the rise in wind energy projects, which will also increase demand for composite repair procedures in the energy generation sector.

  • Successful Automotive Production surges in market growth

Composite materials are beneficial in the automotive industry, where they are used in various parts, from under-the-hood electrical and heat-shielding components to exterior and interior structural features. These parts occasionally need to be repaired to keep the vehicle's structural and functional integrity. The growing demand for new cars, technological advancements and the creation of numerous new products raised the automotive industry's production level. The international organization of motor vehicle manufacturers evaluates that global auto production will reach 80.1 million units in 2021, an increase of 3% from 2020. The use of composite repair techniques such as vacuum infusion and scarf repair for various composite applications in the automotive industry would increase due to the increase in automotive production. This would significantly impact the growth prospects for the composite repairs industry during the forecast period.

Restraints/Challenges

  • The availability of Substitutes limits the market growth

Alternatives to traditional composite repairs, such as self-healing composite, may hamper the development of the composite repairs industry. The main problem with composite maintenance is that they rely heavily on backbreaking manual labor, which drives up the cost of the procedure. On the other hand, self-healing composites can automatically recover from damage and offer additional advantages, such as improved mechanical properties after healing. Major industrial sectors such as automotive and aerospace would be able to lower their manual repair costs if more affordable alternatives, such as self-healing composites, were available. This could harm how composite repair technologies and processes, such as vacuum infusion and scarf repair, are used in these critical industries, which could impede market growth of the Composite Repairs Industry in the forecast period, negatively impacting the Composite Repairs Market size.

  • The market is constrained by composites' high cost and safety worries

The initial cost of aircraft is further increased by fact that aerospace composites are significantly more expensive than aluminum. Composites are also costly and challenging to repair, limiting market growth. Specialized and pricy equipment is required to find the flaws in composite structure. Additionally, inspectors must receive specialized training to identify deficiencies in the aircraft's composite structure, which raises the maintenance expense and the price of toolings such as rivet guns, bucking bars, and exposers. The top priorities in the industry are fire and safety issues. Expos retractable screens must be used carefully, so their high cost and safety concerns constrain the market's growth.

This U.S. composite repair market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the U.S. composite repair market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In 2022, Engineered Composite Solution, a composite repair company based in Aberdeen, introduced the FutureWrap Bio eco-friendly composite repair system, which enables pipe operators to perform pipe repairing work more sustainably.
  • In 2021, a new composite material from CompPair Technologies can be quickly and easily repaired with heat if it sustains damage during manufacturing, impact, or fatigue.
  • In 2021, Process Materials was acquired from Solvay Composites Materials Global Business by Composites One, the top North American provider of composites materials and services.

U.S. Composite Repair Market Scope

The U.S. composite repair market is segmented on the basis of material, type, process, application and  industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

  • Carbon Fiber
  • Fiber Glass
  • Quartz
  • Kevlar
  • Others

Type

  • Cosmetic
  • Resin Injection
  • Semi-Structural Plug/Patch
  • Structural Mechanically–Fastened Doubler
  • Structural Bonded External Doubler
  • Structural Flush Repair
  • Scarf Repair
  • Patch Repair

Process

  • Hand lay-up
  • Vacuum infusion
  • Autoclave
  • Vacuum Bagging
  • Others
  • Composite wrap
  • Out of autoclave
  • Prepreg molding

Application

  • High pressure system
  • Bends
  • Flanges
  • Valves
  • Gaskets
  • Fittings
  • Pressurized vessels
  • Others

Industry

  • Aerospace
  • Commercial
  • General
  • Military
  • Defence
  • Energy Generation
  • Wind energy
  • Solar Energy
  • Hydro Energy
  • Others
  • Construction
  • Commercial
  • Residential
  • Industrial
  • Infrastructural
  • Automotive
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Passenger Vehicles
  • Marine
  • Passenger
  • Cargo
  • Others
  • Oil and Gas
  • On shore
  • Off shore
  • Chemical
  • Petrochemical
  • Power
  • Water Utilities
  • Air craft manufacturing
  • Pipeline Industry
  • Heavy Industries
  • Sporting Goods
  • Others

Competitive Landscape and U.S. Composite Repair Market Share Analysis

The U.S. composite repair market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to U.S. composite repair market.

Some of the major players operating in the U.S. composite repair market are:

  • Lufthansa Technik (Germany)
  • COMPPAIR (Switzerland)
  • Engineered Composite Solutions Limited (Scotland)
  • Citadel Building System Private Limited. (Australia)
  • Milliken and Company (U.S.)
  • T.D. Williamson, Inc. (U.S.)
  • Hexcel Corporation (U.S.)
  • Gurit Services AG (Switzerland)
  • 3M (U.S.)
  • Henkel AG and Co. KGaA (Germany)
  • The Sherwin-Williams Company (U.S.)
  • Heatcon (U.S.)
  • WichiTech Industries Inc. (U.S.)
  • Carbon By Design (U.S.)
  • Optimum Composites Technologies, LLC. (U.S.)
  • Wentech (Canada )
  • LAP GmbH (Germany)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The U.S. Composite Repair Market is projected to grow at a CAGR of 6.1% during the forecast period by 2030.
The future market value of the U.S. Composite Repair Market is expected to reach USD 2167966.45 thousand by 2030.
The major players in the U.S. Composite Repair Market are Lufthansa Technik (Germany), COMPPAIR (Switzerland), Engineered Composite Solutions Limited (Scotland), Citadel Building System Private Limited. (Australia), Milliken and Company (U.S.), etc.
The countries covered in the U.S. Composite Repair Market are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials