Ireland Composite Strengthening Systems Market Size & Outlook

The composite strengthening systems market in Ireland is expected to reach a projected revenue of US$ 1.7 million by 2030. A compound annual growth rate of 6.7% is expected of Ireland composite strengthening systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.1
Forecast, 2030 (US$M)
$1.7
CAGR, 2024 - 2030
6.4%
Report Coverage
Ireland

Ireland composite strengthening systems market, 2018-2030 (US$M)

Ireland

Ireland composite strengthening systems market highlights

  • The Ireland composite strengthening systems market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 1.7 million by 2030.
  • The Ireland market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
  • In terms of segment, fiber-reinforced polymer (frp) was the largest revenue generating product in 2023.
  • Fiber-Reinforced Polymer (FRP) is the most lucrative product segment registering the fastest growth during the forecast period.


Composite strengthening systems market data book summary

Market revenue in 2023USD 1.1 million
Market revenue in 2030USD 1.7 million
Growth rate6.7% (CAGR from 2023 to 2030)
Largest segmentFiber-reinforced polymer (frp)
Fastest growing segmentFiber-Reinforced Polymer (FRP)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFiber-Reinforced Polymer (FRP), Fabric-Reinforced Cementitious Matrix (FRCM)
Key market players worldwideSimpson Strong-Tie Company


Other key industry trends

  • In terms of revenue, Ireland accounted for 0.7% of the global composite strengthening systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany composite strengthening systems market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 9.9 million by 2030.

Fiber-reinforced polymer (frp) was the largest segment with a revenue share of 72.73% in 2023. Horizon Databook has segmented the Ireland composite strengthening systems market based on fiber-reinforced polymer (frp), fabric-reinforced cementitious matrix (frcm) covering the revenue growth of each sub-segment from 2018 to 2030.


The growing awareness regarding the benefits of composite strengthening systems is expected to increase the market demand to reach USD 1.2 million by 2030.

While traditional methods like steel and reinforcements dominate the construction repair sectors, the rising demand for more sustainable construction material is expected to further boost the product demand.

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Ireland composite strengthening systems market size, by product, 2018-2030 (US$M)

Ireland Composite Strengthening Systems Market Outlook Share, 2023 & 2030 (US$M)

Ireland composite strengthening systems market size, by product, 2018-2030 (US$M)

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