The global Composites Testing market was valued at US$ 1621.8 million in 2022 and is projected to reach US$ 2101.5 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for Composites Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composites Testing. This report contains market size and forecasts of Composites Testing in global, including the following market information:
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Global Composites Testing Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
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.
We surveyed the Composites Testing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Composites Testing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Composites Testing Market Segment Percentages, by Type, 2022 (%)
Continuous Fiber Composites
Discontinuous Fiber Composites
Polymer Matrix Composites
Ceramic Matrix Composites
Others
Global Composites Testing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Composites Testing Market Segment Percentages, by Application, 2022 (%)
Aerospace & Defense
Transportation
Wind Energy
Building & Construction
Sporting Goods
Electricals & Electronics
Others
Global Composites Testing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Composites Testing Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Composites Testing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Composites Testing revenues share in global market, 2022 (%)
Key players include:
Exova Group PLC.
Intertek Group PLC.
Henkel AG & Co. KGaA
Instron Corporation
Mistras Group
Element Materials Technology
Westmoreland Mechanical Testing and Research
Matrix Composites
ETIM Composites
Composites Testing Laboratory Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Composites Testing, market overview.
Chapter 2: Global Composites Testing market size in revenue.
Chapter 3: Detailed analysis of Composites Testing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Composites Testing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Composites Testing Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Composites Testing Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Composites Testing Overall Market Size 2.1 Global Composites Testing Market Size: 2022 VS 2032 2.2 Global Composites Testing Market Size, Prospects & Forecasts: 2018-2032 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top Composites Testing Players in Global Market 3.2 Top Global Composites Testing Companies Ranked by Revenue 3.3 Global Composites Testing Revenue by Companies 3.4 Top 3 and Top 5 Composites Testing Companies in Global Market, by Revenue in 2022 3.5 Global Companies Composites Testing Product Type 3.6 Tier 1, Tier 2 and Tier 3 Composites Testing Players in Global Market 3.6.1 List of Global Tier 1 Composites Testing Companies 3.6.2 List of Global Tier 2 and Tier 3 Composites Testing Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global Composites Testing Market
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