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Global Repair Construction Market 2017-2021

About Repair Construction

Repair materials are used in construction when damage occurs in the structure. The repair material is selected on the basis of numerous parameters. The material must be compatible, non-hazardous, durable, and have good bonding strength, low air and water permeability, low shrinkage, and the similar coefficient of thermal expansion. For non-structural repairs, water repellents, mortar admixtures, bonding agents, waterproofing compounds, paint additives, polymer-based crack fillers, and rust removers are used, considering the future life of the building. Specialized products and services are utilized for structural repairs. These products are inclusive of styrene butadiene rubber, rust removers, ready-made polymer plasters, plasticizers-based repair compounds, acrylic copolymers, and epoxy bonding agents.

Technavio’s analysts forecast the global repair construction market to grow at a CAGR of 8.35% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global repair construction market for 2017-2021. To calculate the market size, the report considers the value market.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • South America
  • MEA
Technavio's report, Global Repair Construction Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • BASF
  • The Dow Chemical Company
  • Sika
  • W.R. Grace
Other prominent vendors
  • AkzoNobel
  • Bechtel
  • Bostik
  • CHRYSO
  • CICO Group
  • CONMIX
  • DuPont
  • MuHu
  • Pidilite
  • RPM International
  • Selena
  • Terraco
Market driver
  • Affordable pricing of renovated housing
  • For a full, detailed list, view our report
Market challenge
  • High need for accurate information collection and resource monitoring
  • For a full, detailed list, view our report
Market trend
  • Increasing complications in contracting
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Repair Construction Market 2017-2021

Technavio recognizes the following companies as the key players in the global repair construction market: 3M, BASF, The Dow Chemical Company, Sika, and W.R. Grace.

Other Prominent Vendors in the market are: AkzoNobel, Bechtel, Bostik, CHRYSO, CICO Group, CONMIX, DuPont, MuHu, Pidilite, RPM International, Selena, and Terraco.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing complications in contracting. Repair contracting is changing in multiple ways, of which, one clear shift is the migration to lump sum contracts. These contract firms bear the project repair and cost risks and also guarantee operational readiness. Clients in both the private and public sectors are becoming savvier about what repairs should actually cost and what material quality is used. This trend will continue and accelerate during the forecast period. Some leading construction firms are getting better at working with contractors, while others are still trying. For instance, some firms are bearing the risks but not effectively including the additional incidental costs into their bids.”

According to the report, one of the major drivers for this market is Affordable pricing of renovated housing. A shortage of homes for sale, along with rising prices, is encouraging home renovation, repair, and remodeling activity. Presently, the strength of the remodeling market can be attributed majorly to economic factors such as low mortgage rates, favorable stock market, good job opportunities, strong existing home sales, and wage gains. With household incomes on the rise, homeowners potentially will have to spend more on fixing up their homes. As the economic cycle reaches maturity, the housing rates are likely to increase, and employment will shift fully toward stagnating job growth over time. At that moment, demographics will play a greater role in driving the market.

Further, the report states that one of the major factors hindering the growth of this market is High need for accurate information collection and resource monitoring. Many private sector businesses have not witnessed any potential growth in infrastructure investment, which was visible in South Africa a few years back. This is attributed to the unavailability of reliable information regarding the future demand for the businesses. There is a high need for improved collection and distribution of infrastructure inputs, construction, and infrastructure development information by government entities. This will help in providing updated and transparent information regarding capacity expansion, planning, infrastructure investment, and infrastructure planning and execution.

Companies Mentioned

3M, BASF, The Dow Chemical Company, Sika, W.R. Grace, AkzoNobel, Bechtel, Bostik, CHRYSO, CICO Group, CONMIX, DuPont, MuHu, Pidilite, RPM International, Selena, and Terraco.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of repairs and material used
  • Market landscape
    • Market overview
      • Table Global repair construction market: Overview
    • Market size and forecast
      • Table Global repair construction market 2016 and 2021 ($ billions)
      • Table Global repair construction market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global repair construction market by application
      • Table Global repair construction market by application 2016 (% share of revenue)
      • Table Global repair construction market by application 2021 (% share of revenue)
      • Table Global repair construction market by application 2017-2021 (% share of revenue)
    • Global repair construction market by commercial application
      • Table Global repair construction market by commercial application 2016 and 2021 ($ billions)
      • Table Global repair construction market by commercial application 2016-2021
    • Global repair construction market by residential application
      • Table Global repair construction market by residential application 2016 and 2021 ($ billions)
      • Table Global repair construction market by residential application 2016-2021
    • Global repair construction market by infrastructure application
      • Table Global repair construction market by infrastructure application 2016 and 2021 ($ billions)
      • Table Global repair construction market by infrastructure application 2016-2021
    • Global repair construction market by industrial application
      • Table Global repair construction market by industrial application 2016 and 2021 ($ billions)
      • Table Global repair construction market by industrial application 2016-2021
  • Geographical segmentation
    • Global repair construction market by geography
      • Table Global repair construction market by geography 2016 (% share of revenue)
      • Table Global repair construction market by geography 2021 (% share of revenue)
      • Table Global repair construction market by geography 2017-2021 (% share of revenue)
    • Repair construction market in APAC
      • Table Repair construction market in APAC 2016 and 2021 ($ billions)
      • Table Countries in APAC to focus on investment
      • Table Repair construction market in APAC 2016-2021
    • Repair construction market in North America
      • Table Repair construction market in North America 2016 and 2021 ($ billions)
      • Table Repair construction market in North America 2016-2021
    • Repair construction market in Europe
      • Table Repair construction market in Europe 2016 and 2021 ($ billions)
      • Table Repair construction market in Europe 2016-2021
    • Repair construction market in South America
      • Table Repair construction market in South America 2016 and 2021 ($ billions)
      • Table Repair construction market in South America 2016-2021
    • Repair construction market in MEA
      • Table Repair construction market in MEA 2016 and 2021 ($ billions)
      • Table Repair construction market in MEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Infrastructure spending as an indicator of economic growth
    • Market challenges
  • Market trends
    • Increasing complications in contracting
    • Growing competition from APAC-based repair construction companies
    • Increasing integration of downstream activities in European market
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global repair construction market: Major vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • 3M
      • Table 3M: Business segmentation 2016 (% share of revenue)
      • Table 3M: Geographical segmentation 2016 (% share of revenue)
    • BASF
      • Table BASF: Business segmentation 2016 (% share of revenue)
      • Table BASF: Geographical segmentation 2016 (% share of revenue)
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation 2016 (% share of revenue)
      • Table The Dow Chemical Company: Geographical segmentation 2016 (% share of revenue)
    • Sika
      • Table Sika: Business segmentation 2016 (% share of revenue)
      • Table Sika: Geographical segmentation 2016 (% share of revenue)
    • W. R. Grace
      • Table W. R. Grace: Business segmentation 2016 (% share of revenue)
      • Table W. R. Grace: Geographical segmentation 2016 (% share of revenue)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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