Worldwide Composites Testing market is growing at a CAGR of 6.5% during 2018-2025.
The high penetration of composites in various applications such as aerospace & defense, transportation, wind energy, building & construction, sporting goods, electrical & electronics, and others is driving the demand for composites testing. Different types of composites used in these applications have to comply with stringent composites testing standards, as well as manufacturers proprietary testing standards at every step in the supply chain of composite manufacturing. The aerospace & defense applications led the composites testing market owing to the high demand for composites testing services from advanced commercial aircraft. Advanced commercial aircraft have a significant percentage of composites in their airframe structures. The composites used in airframe structures, therefore, require different testing methods to ensure their safety and performance.
The global Composites Testing market will reach xx million US$ by the end of 2025, growing at a CAGR of 6.5% during 2018-2025.
Global Composites Testing Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 102 pages report.
This market report provides in-depth analytics of the Composites Testing industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Composites Testing market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Exova Group PLC.
Intertek Group PLC.
Henkel AG & Co. KGaA
Mistras Group, Inc.
Element Materials Technology
Westmoreland Mechanical Testing and Research, Inc.
Matrix Composites, Inc.
Composites Testing Laboratory Ltd.
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Continuous fiber composites
Discontinuous fiber composites
Polymer matrix composites
Ceramic matrix composites
By Industrial Application, the market can be split into:
Aerospace & defense
Building & construction
Electricals & electronics
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.