PUNE, India, January 13, 2017 /PRNewswire/ --
The report "Composite Repairs Market by Type (Structural, Semi-Structural, Cosmetic), Process (Hand Lay-Up, Vacuum Infusion, Autoclave), End-Use Industry (Aerospace & Defense, Wind Energy, Automotive & Transportation), and Region - Global Forecast to 2026", published by MarketsandMarkets, the market was valued at USD 9.44 Billion in 2015 and is projected to reach USD 21.97 Billion by 2026, at a CAGR of 8.0% between 2016 and 2026.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 89 market data Tables and 50 Figures spread through 159 Pages and in-depth TOC on "Composite Repairs Market"
http://www.marketsandmarkets.com/Market-Reports/composite-repair-market-239819765.html
Early buyers will receive 10% customization on this report.
The market is expected to be driven by increased installation of wind turbines in countries such as China, the U.S., Germany, Spain, and India. Furthermore, increasing application of carbon fiber composites in the automotive & transportation industry is expected to drive the composite repairs market during the forecast period.
Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=239819765
Based on end-use industry, the aerospace & defense segment is estimated to lead the composite repairs market
Increasing use of composites in airframes of new generation commercial aircraft such as Airbus A350 & A380, and Boeing 787 Dreamliner has created the demand for composite repairs. This is expected to drive the composite repairs market during the forecast period.
Based on process, the autoclave segment is estimated to grow at the highest CAGR during the forecast period
The autoclave segment is projected to grow at the highest CAGR during the forecast period due to increasing focus on composite repairs and aerospace MRO in China and South East Asian countries such as Malaysia, Singapore, Indonesia, Philippines, and Vietnam.
Asia-Pacific accounted for the largest share of the composite repairs market in 2015 and is expected to grow at the highest CAGR from 2016 to 2026. Growing maintenance, repair, and overhaul (MRO) as well as composite repair activity in China, Japan, India, and South East Asian countries are expected to drive the aerospace & defense segment of the Composite Repairs Market in this region. Existing wind energy capacity in China, India, Japan, and Australia is expected to drive the composite repairs market for wind energy during the short-term forecast period. In addition, upcoming wind energy installations in India and South East Asian countries are expected to fuel the market growth during the long-term forecast period.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=239819765
The composite repairs market is highly fragmented. Composite repair service providers are different for different end-use industries. Lufthansa Technik AG (Germany), Air France KLM E&M (France), and HAECO (U.S.) are the key players providing services to the aerospace & defense industry. Similarly, for wind energy, UpWind Solution (U.S.), Total Wind Group A/S (Denmark), and Technical Wind Services (Scotland) are the key players providing composite repair services. Citadel Technologies (U.S.), Milliken Infrastructure (U.S.), and T.D. Williamson (U.S.) are the key service providers for the FRP pipeline repair. West Systems (U.S.) and WR composites (U.K.) provide repair services for composite boats. Fibrwraps (U.S.) and Concrete Repairs Ltd. (U.K.) provide repair services to the construction industry.
Browse Related Reports:
Composites Testing Market by Testing Type (Destructive, Non-Destructive), Product Type (Continuous Fiber, Discontinuous Fiber, Polymer Matrix, Ceramic Matrix), Application (Aerospace & Defense, Transportation, Wind) & Region - Global Forecast to 2026
http://www.marketsandmarkets.com/Market-Reports/composite-testing-market-244333142.html
Aerospace Composites Market by Fiber Type (Glass, Carbon, Aramid), Resin Type (Epoxy, Phenolic, Polyester, Polyamide, Thermoplastic), Aircraft Type (Commercial, Business & Ga, Military, Civil), Application and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article