Global Repair Construction Market 2017-2021
- Published: Aug 2017
- Pages: 81
- SKU: IRTNTR14248
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This industry research report identifies 3M, BASF, The Dow Chemical Company, Sika, and W.R. Grace as the key vendors in the global repair construction market. A comprehensive analysis of this market is also presented by application (commercial, residential, infrastructure, and industrial) and by geography (APAC, Europe, North America, South America, and MEA).
Overview of the global repair construction market
Research analysis on the global repair construction market identifies that the benefits of repair construction over reconstruction will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 8% by 2021. There is a constant need to repair a building at specific time periods to retain the aesthetic and constructional value of the property. Repair construction needs lesser time, labor, and costs compared to reconstruction since repair works are done mostly on a smaller scale and involve lesser technicalities. The high demolishing costs and recreating expenses make reconstruction quite expensive. This will drive the need for repair construction, fueling market growth.
The coming years will witness increased competition from the APAC-based repair construction companies. Regional companies in the rapidly growing economies are increasingly focusing on their home markets and are gradually strengthening their market positions and gaining expertise. The growth in their home markets will induce them to enhance their operation across other regions across the globe and will focus on competing against the well-established global players.
Competitive landscape and key vendors
Players in the repair construction market compete based on technological development, product differentiation, cost-effectiveness, and reduction in carbon footprint. The market has the presence of many global and regional players. These players have a wide geographical presence and have several production facilities across the globe and are looking at achieving economies of scale in the global construction market.
The leading vendors in the market are –
- The Dow Chemical Company
- W.R. Grace
The other prominent vendors in the market are AkzoNobel, Bechtel, Bostik, CHRYSO, CICO Group, CONMIX, DuPont, MuHu, Pidilite, RPM International, Selena, and Terraco.
Segmentation by application and analysis of the repair construction market
During 2016, the commercial application segment accounted for the major shares of the repair construction market. Factors such as the increasing construction activities for commercial facilities such as office buildings, hospitals, medical offices, and corporate owned structures will be a major factor contributing to the growth of this industry segment in the coming years.
Geographical segmentation and analysis of the repair construction market
- North America
- South America
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the repair construction market throughout the forecast period. The rising support from the governments in this region to cater to the housing requirements for the low-income population and constant developments to restore and improve the existing infrastructure will drive the growth of the market in the region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global repair construction market?
- What are the key market trends impacting the growth of the global repair construction market?
- What are the challenges to market growth?
- Who are the key vendors in the global repair construction market?
- What are the market opportunities and threats faced by the vendors in the global repair construction market?
- Trending factors influencing the market shares of the APAC, Europe, North America, South America, and MEA.
- What are the key outcomes of the five forces analysis of the global repair construction market?
Technavio also offers customization on reports based on specific client requirement.
Repair construction materials are used in the construction of a damaged structure. The type of materials depends upon the nature of the object by factoring in compatibility factors such as bond strength, air and water permeability, durability, shrinkage, health hazard, and coefficient of thermal expansion. Repair construction is quintessential to the construction industry and thus form an integral part of Technavio’s heavy industries. Research reports from Technavio collect data and insights across all reports from the construction sector and provide information across various parameters such as the market size, market growth rate, competitive landscape, and emerging regions.
Research analysts at Technavio go through a rigorous analysis of research journals, expert opinions, and client survey to oversee primary and secondary research. Primary research tools such as vendor briefings, interviews with experts, and telephone and online surveys are used to accurately forecast the growth of the market which will help the client in making entry decisions as well as product mix decisions. The upcoming report on global repair construction market identifies 3M, Sika AG, W.R. Grace & Co., Mapei Inc., Dow Chemical, and BASF SE which are some of the vendors operating in the market.
In order to identify lucrative market opportunities and emerging regions, the report considers various market intelligence factors gathered from North America, Europe, ROW, and APAC regions. The upcoming research report on global repair construction market also includes market intelligence parameters such as technological advancements, profits, competition, technology, competitive landscape, consumer demand patterns and opportunities and challenges faced by the industry. The report also covers related sectors from heavy industries such as construction and tools and components.
Our market research methodology for the repair construction market
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global repair construction market by application
- Global repair construction market by commercial application
- Global repair construction market by residential application
- Global repair construction market by infrastructure application
- Global repair construction market by industrial application
PART 07: Geographical segmentation
- Global repair construction market by geography
- Repair construction market in APAC
- Repair construction market in North America
- Repair construction market in Europe
- Repair construction market in South America
- Repair construction market in MEA
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Increasing complications in contracting
- Growing competition from APAC-based repair construction companies
- Increasing integration of downstream activities in European market
PART 11: Vendor landscape
- Competitive scenario
- Major market vendors
- Other prominent vendors
PART 12: Key vendor analysis
- The Dow Chemical Company
- W. R. Grace
PART 13: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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