According to a couple of recent threads, just encase in epoxy! Wouldn't recommend that approach!!
First, determine cause of delamination. Is it rebar exfoliation/ expansion due to corrosion? Is it freeze-thaw? Is it reactive aggregate?
Once you've determined cause of issue, you can then decide repair method.
Assuming nothing insidious, chip all loose material, dowel into column, prep exposed rebar and gouge behind for keying, provide small rebar cage outside existing, form and place new concrete. Give plenty of clearance for proper placement and embedment. Make sure new concrete is dense and will reduce permeability to protect rebar.
Obviously make sure all ok structurally!