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Asia-Pacific Repair and Rehabilitation Market Size (2024 - 2029)

The Asia-Pacific repair and rehabilitation market is anticipated to experience significant growth over the forecast period, recovering rapidly from the setbacks caused by the COVID-19 pandemic. The market's expansion is primarily driven by an increase in home repairs, although fluctuations in raw material prices and substantial capital investments pose challenges. Despite these hurdles, advancements in rehabilitation technologies present promising opportunities for market development. China is expected to spearhead the market's growth due to a surge in building projects.

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Market Size of Asia-Pacific Repair and Rehabilitation Industry

Asia-Pacific Repair and Rehabilitation Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 4.00 %
Market Concentration Medium

Major Players

Asia-Pacific Repair and Rehabilitation Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Repair & Rehabilitation Market Analysis

During the time frame of the forecast, the repair and rehabilitation market in Asia-Pacific is expected to grow at a CAGR of more than 4%.

During the outbreak of COVID-19, there was a negative impact on the repair and rehabilitation market as construction projects in the residential and commercial sectors also halted. Furthermore, the repair and rehabilitation market encountered several issues, including supply chain disruptions, production shutdowns, labor shortages, and cash flow constraints. All of these reasons impacted the repair and rehabilitation market, as growth in building and infrastructure projects was hampered by the COVID-19 pandemic. The market for repair and renovation has recovered from the pandemic and is growing very quickly right now.

  • In the short term, growth in the market is expected to be driven by more home repairs. This is expected to continue throughout the forecast period.
  • But it is thought that changing raw material prices and large investments in capital are the main things that will slow the growth of the market.
  • Nevertheless, rising innovative rehabilitation technologies are likely to create lucrative opportunities for the market.

Due to an increase in building projects, China will lead the market's growth over the next few years.

APAC Repair & Rehabilitation Industry Segmentation

Repair and rehabilitation are civil engineering works that extend a structure's service life. Repair and rehabilitation are defined as restoring a system to its original state after it has been damaged, deteriorated, or destroyed. The ultimate goal of repair and rehabilitation is structure restoration, which plays a significant role in maximizing the functional utility of the structure. Repair and rehabilitation techniques are also utilized to adapt a building to satisfy new practical and other needs. The repair and rehabilitation market is segmented by product type, application, and country. By product type, the market is segmented into injection grouting materials, modified mortars, fiber wrapping systems, rebar protectors, micro-concrete mortars, and other product types. By application, the market is segmented into commercial, industrial, infrastructure, and residential. The report covers the market size and forecast for the repair and rehabilitation market in four countries across the Asia-Pacific region. For each segment, the market sizing and forecasts have been done based on value (USD million).

Product Type
Injection Grouting Materials
Cement-based
Resin-based
Modified Mortars
Cement-based
Resin-based
Fiber Wrapping Systems
Carbon Fiber
Glass Fiber
Rebar Protectors
Micro-concrete Mortars
Other Product Types
Application
Commercial
Industrial
Infrastructure
Residential
Geography
China
India
Japan
South Korea
Rest of Asia-Pacific
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Asia-Pacific Repair and Rehabilitation Market Size Summary

The Asia-Pacific repair and rehabilitation market is poised for significant growth, driven by an increase in home repairs and innovative rehabilitation technologies. The market, which faced setbacks during the COVID-19 pandemic due to halted construction projects and supply chain disruptions, has shown a robust recovery. The residential segment is expected to maintain a substantial market share, with cementitious and epoxy concrete repair mortars playing a crucial role in extending the lifespan of infrastructure and reducing the need for new construction. These materials are particularly valued for their durability, resistance to corrosion, and ability to absorb moisture, making them essential for various applications, including residential buildings, water tanks, and swimming pools.

China is anticipated to lead the market's expansion, supported by extensive urban redevelopment projects and government initiatives aimed at improving living conditions in old urban neighborhoods. The country's focus on transforming shantytowns and enhancing urban infrastructure is expected to drive demand for repair and rehabilitation services. Additionally, the market is characterized by a fragmented landscape with key players such as SIKA AG, Saint-Gobain, and RPM International Inc. actively contributing to its development. Despite challenges like fluctuating raw material prices and the need for substantial capital investments, the market is set to benefit from ongoing infrastructure projects and the adoption of advanced construction technologies.

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Asia-Pacific Repair and Rehabilitation Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rising Repair Activities in Residential Sectors

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Regulations Related to VOC Emmisions

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Product Type

      1. 2.1.1 Injection Grouting Materials

        1. 2.1.1.1 Cement-based

        2. 2.1.1.2 Resin-based

      2. 2.1.2 Modified Mortars

        1. 2.1.2.1 Cement-based

        2. 2.1.2.2 Resin-based

      3. 2.1.3 Fiber Wrapping Systems

        1. 2.1.3.1 Carbon Fiber

        2. 2.1.3.2 Glass Fiber

      4. 2.1.4 Rebar Protectors

      5. 2.1.5 Micro-concrete Mortars

      6. 2.1.6 Other Product Types

    2. 2.2 Application

      1. 2.2.1 Commercial

      2. 2.2.2 Industrial

      3. 2.2.3 Infrastructure

      4. 2.2.4 Residential

    3. 2.3 Geography

      1. 2.3.1 China

      2. 2.3.2 India

      3. 2.3.3 Japan

      4. 2.3.4 South Korea

      5. 2.3.5 Rest of Asia-Pacific

Asia-Pacific Repair and Rehabilitation Market Size FAQs

The Asia-Pacific Repair and Rehabilitation Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

SIKA AG , Saint-Gobain , RPM International Inc. , MBCC Group and Fosroc, Inc. are the major companies operating in the Asia-Pacific Repair and Rehabilitation Market.

Asia-Pacific Repair and Rehabilitation Report Snapshots

Asia Pacific Repair and Rehabilitation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)