Global Composite Repair Market Segmented by Type, Process, End-User Industry and Geography Analysis, Growth, Trends and Forecasts 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Composite Repair Market - Segmented by Type, Process, End-User Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global composite repair market is expected to witness a high growth of 8%, owing to increase in the utilization of composite materials in the aerospace industry in various applications, such as aircraft airframe development, car body structure, pipelines, etc.

Composite material is witnessing rapidly increasing demand from the aerospace industry. The use of composite materials in commercial transport aircraft is attractive because reduced airframe weight enables better fuel economy, and therefore lowers operating costs. Increasing composite content in new generation commercial aircraft, such as Boeing 787 Dreamliner and Airbus A350, is likely to drive the composite repair market in the coming years.

The global composite repair market is expected to witness huge demand from the automotive industry, owing to increasing penetration of composites into the passenger vehicle market. Therefore, automotive & transportation is expected to be the fastest end-user industry segment. Companies manufacturing electric vehicles' body frames are the major consumers of composite repairs. increase in the manufacturing of electric vehicles is further likely to stimulate the market.

Asia-Pacific has been projected to lead the global composite repair market due to strong government initiatives focusing on a cleaner environment, thereby, implanting wind energy turbines. Asia-Pacific is likely to invest up to USD 250 billion on solar and wind energy projects by 2025.

Companies Mentioned

  • Citadel Technologies
  • HAECO
  • Lufthanasa Technik AG
  • Milliken Infrastructure Solutions LLC
  • T.D. Williamson Inc.
  • Air France KLM Group
  • Armor Plate Inc.
  • Composite Technology Inc.
  • Crawford Composites LLC
  • Furmanite Corporation
  • Joinlox
  • GA Telesis LLC
  • Hamble Yacht Services
  • Performance Composites Inc.
  • Total Wind A/S
  • ICR Integrity Ltd
  • West System
  • WR Composites

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/bxvxcv/global_composite?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: Composites

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Composites