The composite repair market is transforming, introducing cutting-edge solutions that are revolutionizing the aviation industry. Composites have become integral in aerospace construction due to their lightweight and durable properties, but they require specialized repair techniques. Innovative composite repair solutions are now taking flight, ensuring the structural integrity of aircraft. These advancements in materials and methodologies enhance safety, reduce downtime, and drive the efficiency of aviation maintenance, making them a pivotal part of the industry's evolution.
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Data Bridge Market Research analyses that the Canada Composite Repair Market, which was USD 4,43,834.63 thousand in 2022, is expected to reach USD 6,55,745.89 thousand by 2030, growing at a CAGR of 5.0% during the forecast period of 2023 to 2030. The aerospace industry's ongoing growth and use of composite materials in aircraft construction require effective composite repair solutions to ensure these advanced components' structural integrity and safety during maintenance and operation.
Key Findings of the Study
Aging infrastructure is expected to drive the market's growth rate
In the composite repair market, the need to repair and maintain aging composite structures extends beyond aerospace. Industries such as infrastructure and maritime increasingly rely on composite materials for their lightweight, durable properties. As these structures age, they require specialized repair solutions to ensure longevity and structural integrity. Whether it's repairing bridges, vessels, or offshore platforms, composite repair technologies have become essential for preserving infrastructure and maritime assets, contributing to the market's growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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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), Industry (Aerospace, Automotive, Marine, Oil and Gas, Chemical, Petrochemical, Power, Water Utilities, Others)
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Countries Covered
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Canada
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Market Players Covered
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Hexcel Corporation (U.S.), 3M Company (U.S.), Gurit Holding AG (Switzerland), Airtech International Inc. (U.S.), Huntsman Corporation (U.S.), Henkel AG & Co. KGaA (Germany), Composite Technology & Infrastructure LLC (U.A.E.), Momentive Performance Materials Inc. (U.S.), TenCate Advanced Composites (A Subsidiary of Toray Industries) (U.S.), Park Aerospace Corp. (U.S.), among others
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Data Points Covered in the Report
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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.
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Segment Analysis:
The Canada composite repair market is segmented on the basis of material, type, and industry.
- On the basis of material, the Canada composite repair market is segmented into carbon fiber, fiber glass, quartz, kevlar, and others.
- On the basis of type, the Canada composite repair market is segmented into cosmetic, resin injection, semi-structural plug/patch, structural mechanically–fastened doubler, structural bonded external doubler, and structural flush repair.
- On the basis of industry, the Canada composite repair market is segmented into aerospace, automotive, marine, oil and gas, chemical, petrochemical, power, water utilities, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the Canada composite repair market players in Canada composite repair market are Hexcel Corporation (U.S.), 3M Company (U.S.), Gurit Holding AG (Switzerland), Airtech International Inc. (U.S.), Huntsman Corporation (U.S.), Henkel AG & Co. KGaA (Germany), Composite Technology & Infrastructure LLC (U.A.E.).
Market Developments
- In May 2023, Hexcel Corporation celebrated the official opening of its expanded engineered core operations plant in Morocco. This expansion was driven by the increasing demand for lightweight advanced composite materials within the aerospace industry. By enhancing its production capabilities in Morocco, Hexcel is better positioned to meet the growing needs of the aerospace sector, particularly for cutting-edge composite materials designed to improve aircraft performance and fuel efficiency.
- In August 2020, Airtech International, Inc. proudly received the SAMPE 2020 Organizational Excellence Award. This esteemed recognition is bestowed upon industry, academia, or government organizations that epitomize excellence within the advanced materials and process engineering community. It signifies Airtech's significant contributions and dedication to advancing materials and processes, demonstrating their leadership and commitment to excellence as a part of the Society for the Advancement of Material and Process Engineering (SAMPE).
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