The carbon fiber construction repair market 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.
Major manufacturers in this 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.
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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.
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.
Carbon Fiber Construction Repair Market by Product Type (Rebar, Fabric, Plate), Application (Residential & Commercial Building, Infrastructure, Industrial), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028
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