The Global Carbon Fiber Wraps (Construction) Market was valued at USD 2.7 billion in 2024 and is estimated to grow at a CAGR of 11.3% to reach USD 7.7 billion by 2034. This robust growth is driven by the urgent need to strengthen and rehabilitate aging infrastructure across both developed and emerging economies. As countless bridges, buildings, and transportation networks deteriorate due to age, governments and private developers are increasingly turning to carbon fiber wraps as a more practical and less disruptive alternative to full-scale replacements. These wraps offer easier application, lower costs, and quicker turnaround, making them a favorable option for structural upgrades.
Their lightweight nature, corrosion resistance, and ability to deliver durable reinforcement without altering original architectural features make them especially suitable for limited-access or sensitive construction zones. In regions prone to seismic activity, the growing emphasis on earthquake preparedness has further boosted adoption, supported by updated regulatory frameworks. Carbon fiber wraps improve a structure's flexibility and resistance to shear forces, significantly enhancing its disaster resilience capabilities. These factors continue to drive steady market demand, especially in infrastructure retrofitting and structural rehabilitation sectors.
Market Scope
Start Year
2024
Forecast Year
2025-2034
Start Value
$2.7 billion
Forecast Value
$7.7 billion
CAGR
11.3%
The carbon fiber sheets and fabrics segment generated USD 1.1 billion in 2024 and is projected to grow at a CAGR of 10.9% from 2025 to 2034. Within the fiber type category, these products dominate due to their ease of installation, high strength-to-weight ratio, and compatibility with various surfaces. Their ability to mold over complex geometries allows for uniform load distribution, making them ideal for reinforcing beams, columns, and slabs. This form is widely used in repair and retrofitting applications for both public and private infrastructure. Their versatility and adaptability position them as the preferred solution in structural enhancement projects.
The epoxy resin segment reached USD 1.6 billion in 2024 and is expected to grow at a CAGR of 11.6% during 2025-2034. Epoxy resins are the primary bonding agent for carbon fiber wraps, valued for their high tensile strength, chemical resistance, and excellent adhesion properties. Their compatibility with multiple structural substrates enhances the wrap's performance and long-term structural integrity. Epoxy's reliability in seismic retrofitting, structural reinforcement, and restoration projects continues to support its market leadership. Meanwhile, polyurethane and vinyl ester resins are gaining traction in applications that demand higher flexibility or superior corrosion resistance. Polyurethane is well-suited for dynamic environments where structures face variable loading and thermal conditions.
U.S. Carbon Fiber Wraps (Construction) Market was valued at USD 664.4 million in 2024 and is projected to grow at a CAGR of 11% through 2034. The surge in demand is fueled by continued investment in infrastructure renewal and strict compliance with modern safety and durability regulations. Federal and state-level initiatives aimed at strengthening bridges, highways, and public facilities have increased the adoption of advanced materials. Additionally, the integration of new materials in retrofitting and the presence of innovative construction companies further propel the market. The country's advanced engineering landscape also contributes to the rising use of carbon fiber wraps in both new and restoration projects.
Leading companies in the Global Carbon Fiber Wraps (Construction) Market include Mapei S.p.A., Mitsubishi Chemical Corporation, Sika AG, Teijin Limited, and Toray Industries, Inc. To reinforce their market positions, key players in the carbon fiber wraps (construction) sector are employing a combination of strategies. Companies are investing in R&D to improve resin compatibility, enhance bonding performance, and extend the lifespan of wrap materials. Strategic partnerships with construction firms and infrastructure contractors are also being formed to accelerate project deployment and boost market reach. Firms are expanding their product lines to include different fiber weaves and customized resin systems to suit varying structural requirements. In addition, many are emphasizing sustainability by developing environmentally friendly resins and promoting low-carbon construction practices. Training programs and technical support offerings are being expanded to help end-users adopt these systems efficiently.
Table of Contents
Chapter 1 Methodology
1.1 Market scope and definition
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Data mining sources
1.3.1 Global
1.3.2 Regional/Country
1.4 Base estimates and calculations
1.4.1 Base year calculation
1.4.2 Key trends for market estimation
1.5 Primary research and validation
1.5.1 Primary sources
1.6 Forecast model
1.7 Research assumptions and limitations
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis
2.2 Key market trends
2.2.1 Regional
2.2.2 Fiber type
2.2.3 Resin type
2.2.4 Application
2.2.5 Structure type
2.2.6 End use sector
2.3 TAM Analysis, 2025-2034
2.4 CXO perspectives: Strategic imperatives
2.4.1 Executive decision points
2.4.2 Critical success factors
2.5 Future outlook and strategic recommendations
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Supplier landscape
3.1.2 Profit margin
3.1.3 Value addition at each stage
3.1.4 Factor affecting the value chain
3.1.5 Disruptions
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.2 Industry pitfalls and challenges
3.2.3 Market opportunities
3.3 Growth potential analysis
3.4 Regulatory landscape
3.4.1 North America
3.4.2 Europe
3.4.3 Asia Pacific
3.4.4 Latin America
3.4.5 Middle East & Africa
3.5 Porter's analysis
3.6 PESTEL analysis
3.6.1 Technology and Innovation landscape
3.6.2 Current technological trends
3.6.3 Emerging technologies
3.7 Price trends
3.7.1 By region
3.7.2 By product
3.8 Future market trends
3.9 Technology and Innovation landscape
3.9.1 Current technological trends
3.9.2 Emerging technologies
3.10 Patent Landscape
3.11 Trade statistics (HS code) (Note: the trade statistics will be provided for key countries only)