Fiber Fix is just a woven composite of fiberglass and some other fibers that are pre-treated with an epoxy that reacts with moisture. I’ve wondered if it had carbon fiber in it, but inquiries to the company went unanswered.
It works pretty well, and is moderately priced, however if you bought fiberglass cloth and epoxy in bulk, it would save you a lot of money over Fiber Fix. Even buying bulk kevlar/carbon fiber composite cloth would probably be cheaper in the long run.
Whatever epoxy resin that is on the woven composite, cures pretty fast though. A little too fast (and even with just atmospheric moisture). Before wrapping my carbon fiber/7075 Al frame with some Fiber Fix at joint areas, i had cut up some of the “tape” so it wouldn’t all cure at the same time and i could use it on more than one area. Some of the last used stuff, did not bond very well because it was already curing by the time i got to those other pieces.
Overall, i would still recommend it. Just use it fast.