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Composites Testing-Global Market Insights and Sales Trends 2024
Synopsis
The global Composites Testing market size is expected to reach US$ 2072.2 million by 2029, growing at a CAGR of 3.9% from 2023 to 2029. The market is mainly driven by the significant applications of Composites Testing in various end use industries. The expanding demands from the Aerospace & Defense, Transportation, Wind Energy and Building & Construction, are propelling Composites Testing market. Continuous Fiber Composites, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Discontinuous Fiber Composites segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Composites Testing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Composites Testing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Composites Testing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Composites Testing sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Composites Testing covered in this report 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 and ETIM Composites, etc.
The global Composites Testing market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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.
Global Composites Testing market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Composites Testing market, Segment by Type:
Continuous Fiber Composites
Discontinuous Fiber Composites
Polymer Matrix Composites
Ceramic Matrix Composites
Others
Global Composites Testing market, by Application
Aerospace & Defense
Transportation
Wind Energy
Building & Construction
Sporting Goods
Electricals & Electronics
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Composites Testing companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Composites Testing market size is expected to reach US$ 2072.2 million by 2029, growing at a CAGR of 3.9% from 2023 to 2029. The market is mainly driven by the significant applications of Composites Testing in various end use industries. The expanding demands from the Aerospace & Defense, Transportation, Wind Energy and Building & Construction, are propelling Composites Testing market. Continuous Fiber Composites, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Discontinuous Fiber Composites segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Composites Testing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Composites Testing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Composites Testing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Composites Testing sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Composites Testing covered in this report 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 and ETIM Composites, etc.
The global Composites Testing market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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.
Global Composites Testing market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Composites Testing market, Segment by Type:
Continuous Fiber Composites
Discontinuous Fiber Composites
Polymer Matrix Composites
Ceramic Matrix Composites
Others
Global Composites Testing market, by Application
Aerospace & Defense
Transportation
Wind Energy
Building & Construction
Sporting Goods
Electricals & Electronics
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Composites Testing companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Composites Testing
1.1 Composites Testing Market Overview
1.1.1 Composites Testing Product Scope
1.1.2 Composites Testing Market Status and Outlook
1.2 Global Composites Testing Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Composites Testing Market Size by Region (2018-2029)
1.4 Global Composites Testing Historic Market Size by Region (2018-2023)
1.5 Global Composites Testing Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Composites Testing Market Size (2018-2029)
1.6.1 North America Composites Testing Market Size (2018-2029)
1.6.2 Europe Composites Testing Market Size (2018-2029)
1.6.3 Asia-Pacific Composites Testing Market Size (2018-2029)
1.6.4 Latin America Composites Testing Market Size (2018-2029)
1.6.5 Middle East & Africa Composites Testing Market Size (2018-2029)
2 Composites Testing Market by Type
2.1 Introduction
2.1.1 Continuous Fiber Composites
2.1.2 Discontinuous Fiber Composites
2.1.3 Polymer Matrix Composites
2.1.4 Ceramic Matrix Composites
2.1.5 Others
2.2 Global Composites Testing Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Composites Testing Historic Market Size by Type (2018-2023)
2.2.2 Global Composites Testing Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Composites Testing Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Composites Testing Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Composites Testing Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Composites Testing Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Composites Testing Revenue Breakdown by Type (2018-2029)
3 Composites Testing Market Overview by Application
3.1 Introduction
3.1.1 Aerospace & Defense
3.1.2 Transportation
3.1.3 Wind Energy
3.1.4 Building & Construction
3.1.5 Sporting Goods
3.1.6 Electricals & Electronics
3.1.7 Others
3.2 Global Composites Testing Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Composites Testing Historic Market Size by Application (2018-2023)
3.2.2 Global Composites Testing Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Composites Testing Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Composites Testing Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Composites Testing Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Composites Testing Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Composites Testing Revenue Breakdown by Application (2018-2029)
4 Composites Testing Competition Analysis by Players
4.1 Global Composites Testing Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Composites Testing as of 2022)
4.3 Date of Key Players Enter into Composites Testing Market
4.4 Global Top Players Composites Testing Headquarters and Area Served
4.5 Key Players Composites Testing Product Solution and Service
4.6 Competitive Status
4.6.1 Composites Testing Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Exova Group PLC.
5.1.1 Exova Group PLC. Profile
5.1.2 Exova Group PLC. Main Business
5.1.3 Exova Group PLC. Composites Testing Products, Services and Solutions
5.1.4 Exova Group PLC. Composites Testing Revenue (US$ Million) & (2018-2023)
5.1.5 Exova Group PLC. Recent Developments
5.2 Intertek Group PLC.
5.2.1 Intertek Group PLC. Profile
5.2.2 Intertek Group PLC. Main Business
5.2.3 Intertek Group PLC. Composites Testing Products, Services and Solutions
5.2.4 Intertek Group PLC. Composites Testing Revenue (US$ Million) & (2018-2023)
5.2.5 Intertek Group PLC. Recent Developments
5.3 Henkel AG & Co. KGaA
5.3.1 Henkel AG & Co. KGaA Profile
5.3.2 Henkel AG & Co. KGaA Main Business
5.3.3 Henkel AG & Co. KGaA Composites Testing Products, Services and Solutions
5.3.4 Henkel AG & Co. KGaA Composites Testing Revenue (US$ Million) & (2018-2023)
5.3.5 Instron Corporation Recent Developments
5.4 Instron Corporation
5.4.1 Instron Corporation Profile
5.4.2 Instron Corporation Main Business
5.4.3 Instron Corporation Composites Testing Products, Services and Solutions
5.4.4 Instron Corporation Composites Testing Revenue (US$ Million) & (2018-2023)
5.4.5 Instron Corporation Recent Developments
5.5 Mistras Group
5.5.1 Mistras Group Profile
5.5.2 Mistras Group Main Business
5.5.3 Mistras Group Composites Testing Products, Services and Solutions
5.5.4 Mistras Group Composites Testing Revenue (US$ Million) & (2018-2023)
5.5.5 Mistras Group Recent Developments
5.6 Element Materials Technology
5.6.1 Element Materials Technology Profile
5.6.2 Element Materials Technology Main Business
5.6.3 Element Materials Technology Composites Testing Products, Services and Solutions
5.6.4 Element Materials Technology Composites Testing Revenue (US$ Million) & (2018-2023)
5.6.5 Element Materials Technology Recent Developments
5.7 Westmoreland Mechanical Testing and Research
5.7.1 Westmoreland Mechanical Testing and Research Profile
5.7.2 Westmoreland Mechanical Testing and Research Main Business
5.7.3 Westmoreland Mechanical Testing and Research Composites Testing Products, Services and Solutions
5.7.4 Westmoreland Mechanical Testing and Research Composites Testing Revenue (US$ Million) & (2018-2023)
5.7.5 Westmoreland Mechanical Testing and Research Recent Developments
5.8 Matrix Composites
5.8.1 Matrix Composites Profile
5.8.2 Matrix Composites Main Business
5.8.3 Matrix Composites Composites Testing Products, Services and Solutions
5.8.4 Matrix Composites Composites Testing Revenue (US$ Million) & (2018-2023)
5.8.5 Matrix Composites Recent Developments
5.9 ETIM Composites
5.9.1 ETIM Composites Profile
5.9.2 ETIM Composites Main Business
5.9.3 ETIM Composites Composites Testing Products, Services and Solutions
5.9.4 ETIM Composites Composites Testing Revenue (US$ Million) & (2018-2023)
5.9.5 ETIM Composites Recent Developments
5.10 Composites Testing Laboratory Ltd.
5.10.1 Composites Testing Laboratory Ltd. Profile
5.10.2 Composites Testing Laboratory Ltd. Main Business
5.10.3 Composites Testing Laboratory Ltd. Composites Testing Products, Services and Solutions
5.10.4 Composites Testing Laboratory Ltd. Composites Testing Revenue (US$ Million) & (2018-2023)
5.10.5 Composites Testing Laboratory Ltd. Recent Developments
6 North America
6.1 North America Composites Testing Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Composites Testing Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Composites Testing Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Composites Testing Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Composites Testing Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Composites Testing Market Dynamics
11.1 Composites Testing Industry Trends
11.2 Composites Testing Market Drivers
11.3 Composites Testing Market Challenges
11.4 Composites Testing Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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