Composites Testing Market

Composites Testing Market Analysis by Product (Continuous Fiber Composites, Discontinuous Fiber Composites, Polymer Matrix Composites, Ceramic Matrix Composites), Testing Method (Destructive Testing, Non-destructive Testing), by End-use Industry & Regional Forecast 2022-2032

Analysis of Composites Testing market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Market Outlook of Composites Testing

Global demand for composites testing reached a market value of US$ 1.6 Billion in 2021, and is forecast to be valued at US$ 1.8 Billion in 2022, representing a Y-o-Y increase worth 12.5%.

During the 2022-2032 assessment period, the industry is poised to register a value CAGR worth 5.2% to reach US$ 3 Billion.

Report Attributes

Details

Anticipated Base Year Value (2021)

US$ 1.6 Billion

Expected Market Value (2022)

US$ 1.8 Billion

Projected Forecast Value (2032)

US$ 3 Billion

Global Growth Rate (2022-2032)

5.2% CAGR

Growth Rate of the U.S (2022-2032)

5.8% CAGR

Expected Market Value of China (2032)

US$ 900 Million

Key Composites Testing  Service Providers

  • Exova Group
  • Intertek Group
  • Mistras Group Inc.
  • Element Materials Technology
  • Westmoreland Mechanical Testing & Research Inc.
  • Matrix Composites
  • Instron
  • ETIM Composites Testing Laboratory
  • Henkel AG & CO. KGaA

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Composites Testing Market Revenue Analysis 2015-2021 vs. Future Outlook 2022-2032

According to Fact.MR, a market research and competitive intelligence provider, historically, from 2015 to 2021, demand for composites testing increased at a 3% CAGR, owing to the increasing use of composites in transportation, aerospace, defense, and wind energy, all of which require stringent testing standards to be met.

Other uses of composites, including as building and construction, sporting goods, and electrical and electronics, are driving the increase in demand for composites testing. Different types of composites used in all of the aforementioned applications must meet severe testing criteria at every stage of the composite manufacturing supply chain.

With the increasing use of composites in the defense and aerospace industries, the need for composites testing on modern commercial aircrafts has grown over the years. The high amount of composites used in aero plane constructions, which necessitates specialized testing procedures, has created several opportunities for industry participants. The market for composites testing is expected to more than double in the next 10 years, reaching over US$ 3 Billion by 2032.Composites testing market forecast by Fact.MR

Prominent Composites Testing Industry Growth Drivers

Opportunities are available for Composites Testing Suppliers

With increased demand for composites from a variety of sectors, chances for composites testing appear to be promising in the future years. With the aerospace industry's increasing demand for lightweight composite materials and expanding quality and safety requirements as a significant necessity, composites testing are developing as a profitable and rapidly growing business opportunity. Furthermore, significant expenditures in the construction of cutting-edge composites testing facilities in Asia Pacific are fueling market expansion.

This testing procedure is widely utilized in the aero plane, automobile, and aerospace sectors to qualify the performance of composite materials, with significant investment predicted in all of the industries listed. Composite materials are also widely used in the design of critical components in sports, ships, buildings, and other high-performance applications that require adherence to high levels of safety and durability, causing the composites market to be subjected to severe restrictions in order to meet composite testing and manufacturers' proprietary testing requirements.

Because of this factor, worldwide demand for composites testing is expected to increase in the next years, creating a favorable environment for development and profitability. The expanding oil and gas sector, as well as the expanding chemical industry, will boost the need for composite pipes and tanks even higher. Various factors such as increased composite material usage in various industries, increased commercial aircraft production, increased R&D investments, rising safety standards in various industries, and rising demand for lightweight materials will drive profit growth for composites testing during the evaluation period of 2022-2032.

Key Challenges Prevalent in the Global Composites Testing Market

High Cost as well as Lack of Awareness may Impede Growth Prospects

High processing and material costs, a lack of awareness, and a lack of proper product standardization are some of the factors limiting composites testing service providers. Currently, few firms are investing in R&D, and instead of developing cutting-edge technology, more funds are being focused into developing technology that is relatively useful.

This is stifling the expansion of composites testing services. In addition, there is a severe shortage of skilled personnel to undertake composites material testing, which is hampering market growth. Furthermore, the COVID-19 pandemic had a significant influence on demand for composites testing since most industrial activities had been halted, which in turn had a significant impact on demand and the supply chain. Another aspect providing a significant threat to market growth is the non-recyclability of composite materials.

Many of the existing generic material recycling technologies do not cater to high-end composite materials, and these materials are frequently challenging for disposal. A great deal of research is being conducted to address the problem of composite material disposal and recycling, which will, in turn, tackle the primary challenge confronting the composites sector.

Country-wise Analysis

Why is there a Surge in Demand for Composites Testing in China?

According to the China Automotive Association, car manufacturing climbed by 30% in 2018. Growth has been ascribed to the country's FDI (foreign direct investment) policy, which has favored China's car sector and encouraged many well-known global companies to invest in it.

This has resulted in a significant demand for composites testing in the nation, particularly from the automobile industry. According to Fact.MR, demand for composites testing in China is poised to register a CAGR worth 4.7% from 2022 to 2032.

How is Japan's thriving Automobile Industry Driving Demand for Composites Testing?

According to a report by Japan's Automobile Manufacturers Association, total demand for passenger cars and commercial vehicles in Japan in 2017 was 5.19 million units, a 2.2% increase over the previous fiscal year, with sales of passenger cars and CVs (computer controlled vehicle systems), excluding mini-vehicles, totaling 3.34 million units and sales of mini-vehicles totaling 1.86 million units, a 7.9% increase.

Japan's thriving automobile sector has boosted demand for composites testing, and this trend is projected to continue in the coming years. A CAGR worth 4.5% has been forecast for the 2022-2032 period of assessment for the Japanese composites testing market.

Country-wise Forecast CAGRs in the Composites Testing Market

Country Wise Analysis

Growth Rate

U.S

5.8%

U.K

5%

China

4.7%

Japan

4.5%

South Korea

4.6%

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Category-wise Insights

Why are Mechanical Composites Testing highly Demanded?

Increasing Demand across various Application to be Top Growth Driver in the Coming Years

Mechanical composites testing has the greatest market share, accumulating a market share worth 36%, and its rapid rise may be due to rising demand for composites in a variety of applications such as vehicle interiors, medical devices, defense, and others. The addition of high strength fibres to a polymer matrix can increase mechanical parameters such as ultimate tensile strength, temperature resistance, and flexural modulus significantly. Mechanical testing is still in great demand due to these high-end structural applications of composites.

Mechanical composites testing have the largest market share, and its quick growth might be attributed to increased demand for composites in a number of applications such as car interiors, medical devices, defense, and others. The insertion of high strength fibres to a polymer matrix can greatly improve mechanical properties such as ultimate tensile strength, temperature resistance, and flexural modulus. Mechanical testing is still in high demand as a result of composites' high-end structural applications.

Why is Continuous Fiber Testing so Popular across the Globe?

Continuous Fibres and the Testing that follows them are in High Demand all around the World

Continuous fiber composites are laminated materials in which individual layers, piles, or lamina are oriented to maximize strength in any principal load direction.

Continuous fibres have a high tensile strength and thermoplastic matrix systems with a relatively low glass transition temperature, such as polypropylene/glass fiber, and are thus employed in a variety of automotive applications. Because of these multi-specialty applications, continuous fibres and their subsequent testing are in high demand all over the world.

Which End-Use Industry Leads the Composites Testing Industry?

Composites are in High Demand in a Variety of Automotive Applications

The vehicle sector continues to dominate composites testing demand, rising at a CAGR of more than 7%. Composites combine the typical benefits of semi-crystalline thermoplastic matrix composites in terms of molding processes, chemical resistance, damage tolerance, and environmental resistance.

As a result, composites are in high demand in a variety of automotive applications. With the ever-expanding automotive sector and its demand for composites all over the world, this category is seeing the most growth among end-users.

Competitive Landscape

According to Fact.MR's composites testing industry study, the market is fairly consolidated due to the existence of a few significant players on a worldwide scale. Market participants see strategic partnerships and collaborations as a viable approach to increasing their market share. Companies are also partnering to perform R&D operations and expand their market potential.  Among the significant developments are:

  • In October 2019, a team of researchers from the University of Texas at Arlington began investigating new modelling approaches for economical, long-term testing of composite materials. The Air Force Research Lab also provided funding of US$ 2.3 million to continue a joint effort with colleagues from Wichita State University.
  • Continuous Composites, an additive manufacturing materials firm, announced collaboration with Arkema, a French advanced materials company, in September 2019 to merge Continuous Composites' proprietary Continuous Fiber 3D (CF3D) printing technique with Arkema's photocurable resin solutions.

Key Segments Covered in the Composites Testing Industry Report

  • by Product :

    • Continuous Fiber Composites
    • Discontinuous Fiber Composites
    • Polymer Matrix Composites
    • Ceramic Matrix Composites
  • by Testing Method :

    • Destructive Testing Method of Composites Testing
    • Non-destructive Testing Method of Composites Testing
  • by End-use Industry :

    • Aerospace & Defense
    • Transportation
    • Building & Construction
    • Wind Energy
    • Marine Industry
  • by Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Table of Content

1. Global Composites Testing Market - Executive Summary

    1.1. Global Market Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and recommendation

2. Global Composites Testing Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment 

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Composites Testing 

        3.1.2. COVID-19 Crisis and Impact on Composites Testing Prices 

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis  

            3.1.3.1. Change in Composites Testing Demand 

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Demand post Recovery Period (After Each Crisis)

        3.1.4. Impact on Market and Value (US$ Mn)

            3.1.4.1. Likely Loss of Value in 2020

            3.1.4.2. Mid-term and Long Term Forecast

            3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 

        3.1.5. Anticipated Demand and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Market Segments

        3.1.8. Action Points and Recommendation for Suppliers

        3.1.9. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Testing Method Development Trends

4. Market Background and foundation Data Points

    4.1. Manufacturing Sector Reached here in Leaps and Bounds

    4.2. Need of the Hour for Industries

    4.3. Manufacturing Sector at Fore-Front of Technology Adoption

    4.4. Industry Wise Industry 4.0

    4.5. Composites Testing – Strategic Priorities  

    4.6. Testing Method life Cycle Stage

    4.7. Importance of Technology

    4.8. Composites Testing: Hype Cycle

    4.9. 5 Reasons to Implement Composites Testing

    4.10. Composites Testing Testing Method

    4.11. A Concluding Gap in Industrial Digitization

    4.12. 5G – Future of Communications Platform

    4.13. 5G vs 4G Comparison

    4.14. Use Cases of Composites Testing in Manufacturing

    4.15. Forecast Factors: Relevance and Impact

    4.16. Investment Feasibility Matrix

    4.17. PESTLE Analysis

    4.18. Porter’s Five Forces Analysis

    4.19. Market Dynamics

        4.19.1. Drivers

        4.19.2. Restraints

        4.19.3. Opportunity Analysis

        4.19.4. Trend

5. Global Composites Testing Market Demand (US$ Mn) Analysis 2015-2021 and Forecast, 2022-2032

    5.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032, By Testing Method

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Testing Method, 2015-2021

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Testing Method, 2022-2032

        6.3.1. Destructive

        6.3.2. Non-destructive

    6.4. Market Attractiveness Analysis By Testing Method

7. Global Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032, by Product 

    7.1. Introduction / Key Findings

    7.2. Historical Market Value (US$ Mn) Analysis by Product, 2015-2021

    7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast by Product, 2022-2032

        7.3.1. Continuous Fiber Composites

        7.3.2. Discontinuous Fiber Composites

        7.3.3. Polymer Matrix Composites

        7.3.4. Ceramic Matrix Composites 

    7.4. Market Attractiveness Analysis By Product 

8. Global Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032, by End-use Industry 

    8.1. Introduction / Key Findings

    8.2. Historical Market Value (US$ Mn) Analysis By End-use Industry, 2015-2021

    8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End-use Industry, 2022-2032

        8.3.1. Aerospace & Defence

        8.3.2. Transportation

        8.3.3. Wind Energy

        8.3.4. Building and Construction

        8.3.5. Sporting Goods

        8.3.6. Electricals & Electronics

    8.4. Market Attractiveness Analysis By End-use Industry 

9. Global Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032, by Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) Analysis By Region, 2015-2021

    9.3. Current and Future Market Value (US$ Mn)  Analysis and Forecast By Region, 2022-2032

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia 

        9.3.5. South Asia & Oceania

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    10.1. Introduction / Key Findings 

    10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        10.3.1. By Country

            10.3.1.1. U.S.

            10.3.1.2. Canada

        10.3.2. By Testing Method

        10.3.3. By Product 

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Testing Method

        10.4.3. By Product 

11. Latin America Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    11.1. Introduction / Key Findings 

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    11.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2032

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Rest of Latin America

        11.3.2. By Testing Method

        11.3.3. By Product 

        11.3.4. By End-use Industry

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Testing Method

        11.4.3. By Product 

        11.4.4. By End-use Industry

12. Europe Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    12.1. Introduction / Key Findings 

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    12.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2032

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. France

            12.3.1.3. Italy

            12.3.1.4. Spain

            12.3.1.5. UK

            12.3.1.6. BENELUX

            12.3.1.7. Russia

            12.3.1.8. Rest of Europe

        12.3.2. By Testing Method

        12.3.3. By Product 

        12.3.4. By End-use Industry 

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Testing Method

        12.4.3. By Product 

        12.4.4. By End-use Industry

13. East Asia Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    13.1. Introduction / Key Findings 

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    13.3. Current and Future Market  Value (US$ Mn)  Analysis and Forecast By Region, 2022-2032

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Testing Method

        13.3.3. By Product 

        13.3.4. By End-use Industry

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Testing Method

        13.4.3. By Product 

        13.4.4. By End-use Industry

14. South Asia & Oceania Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    14.1. Introduction / Key Findings 

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        14.3.1. By Country

            14.3.1.1. India 

            14.3.1.2. Thailand 

            14.3.1.3. Malaysia 

            14.3.1.4. Singapore 

            14.3.1.5. Vietnam 

            14.3.1.6. ANZ

            14.3.1.7. Rest of South Asia & Oceania

        14.3.2. By Testing Method

        14.3.3. By Product 

        14.3.4. By End-use Industry

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Testing Method

        14.4.3. By Product 

        14.4.4. By End-use Industry

15. Middle East and Africa Composites Testing Market Analysis 2015-2021 and Forecast 2022-2032

    15.1. Introduction / Key Findings 

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        15.3.1. By Country

            15.3.1.1. GCC Countries

            15.3.1.2. South Africa

            15.3.1.3. Israel

            15.3.1.4. Rest of Middle East and Africa (MEA)

        15.3.2. By Testing Method

        15.3.3. By Product 

        15.3.4. By End-use Industry

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Testing Method

        15.4.3. By Product 

        15.4.4. By End-use Industry

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Competition Deep Dive

    17.4. Exova Group (U.K.)

        17.4.1. Company Overview

        17.4.2. Testing Method overview

        17.4.3. SWOT Analysis

        17.4.4. Key Developments

    17.5. Intertek Group (U.K.)

        17.5.1. Company Overview

        17.5.2. Testing Method overview

        17.5.3. SWOT Analysis

        17.5.4. Key Developments

    17.6. Mistras Group Inc. (U.S.).

        17.6.1. Company Overview

        17.6.2. Testing Method overview

        17.6.3. SWOT Analysis

        17.6.4. Key Developments

    17.7. Element Materials Technology (U.S.)

        17.7.1. Company Overview

        17.7.2. Testing Method overview

        17.7.3. SWOT Analysis

        17.7.4. Key Developments

    17.8. Westmoreland Mechanical Testing & Research Inc. (U.S.)

        17.8.1. Company Overview

        17.8.2. Testing Method overview

        17.8.3. SWOT Analysis

        17.8.4. Key Developments

    17.9. Matrix Composites (U.K.)

        17.9.1. Company Overview

        17.9.2. Testing Method overview

        17.9.3. SWOT Analysis

        17.9.4. Key Developments

    17.10. Instron (U.K.)

        17.10.1. Company Overview

        17.10.2. Testing Method overview

        17.10.3. SWOT Analysis

        17.10.4. Key Developments

    17.11. ETIM Composites Testing Laboratory (France)

        17.11.1. Company Overview

        17.11.2. Testing Method overview

        17.11.3. SWOT Analysis

        17.11.4. Key Developments

    17.12. Henkel AG & CO. KGaA (Germany)

        17.12.1. Company Overview

        17.12.2. Testing Method overview

        17.12.3. SWOT Analysis

        17.12.4. Key Developments

18. Assumptions and Acronyms Used

19. Research Methodology

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List Of Table

Table 1: Global Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 2: Global Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 3: Global Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 4: Global Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 5: Global Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 6: Global Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 7: Global Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 8: Global Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 9: Global Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 10: Global Composites Testing Market Value (US$ Mn) Analysis, by Region, 2015-2021

Table 11: Global Composites Testing Market Value (US$ Mn) Analysis, by Region, 2022-2032

Table 12: Global Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Region, 2022-2032

Table 13: North America Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 14: North America Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 15: North America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 16: North America Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 17: North America Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 18: North America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 19: North America Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 20: North America Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 21: North America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 22: North America Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 23: North America Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 24: North America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 25: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 26: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 27: Latin America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 28: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 29: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 30: Latin America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 31: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 32: Latin America Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 33: Latin America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 34: Latin America Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 35: Latin America Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 36: Latin America Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 37: Europe Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 38: Europe Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 39: Europe Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 40: Europe Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 41: Europe Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 42: Europe Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 43: Europe Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 44: Europe Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 45: Europe Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 46: Europe Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 47: Europe Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 48: Europe Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 49: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 50: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 51: East Asia Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 52: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 53: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 54: East Asia Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 55: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 56: East Asia Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 57: East Asia Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 58: East Asia Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 59: East Asia Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 60: East Asia Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 61: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 62: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 63: South Asia & Oceania Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 64: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 65: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 66: South Asia & Oceania Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 67: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 68: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 69: South Asia & Oceania Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 70: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 71: South Asia & Oceania Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 72: South Asia & Oceania Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

Table 73: MEA Composites Testing Market Value (US$ Mn) Analysis, by Country, 2015-2021

Table 74: MEA Composites Testing Market Value (US$ Mn) Analysis, by Country, 2022-2032

Table 75: MEA Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032

Table 76: MEA Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2015-2021

Table 77: MEA Composites Testing Market Value (US$ Mn) Analysis, by Testing Method, 2022-2032

Table 78: MEA Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Testing Method, 2022-2032

Table 79: MEA Composites Testing Market Value (US$ Mn) Analysis, by Product, 2015-2021

Table 80: MEA Composites Testing Market Value (US$ Mn) Analysis, by Product, 2022-2032

Table 81: MEA Composites Testing Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032

Table 82: MEA Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2015-2021

Table 83: MEA Composites Testing Market Value (US$ Mn) Analysis, by End-use Industry, 2022-2032

Table 84: MEA Composites Testing Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2022-2032

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List Of Figures

Figure 1: Global Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 2: Global Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 3: Global Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 4: Global Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 5: Global Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 6: Global Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 7: Global Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 8: Global Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 9: Global Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 10: Global Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 11: Global Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 12: Global Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 13: Global Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 14: Global Composites Testing Market Share and BPS Analysis by Region, 2022 & 2032

Figure 15: Global Composites Testing Market Y-o-Y Growth Projections by Region, 2022-2032

Figure 16: Global Composites Testing Market Attractiveness Analysis by Region, 2022-2032

Figure 17: North America Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 18: North America Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 19: North America Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 20: North America Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 21: North America Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 22: North America Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 23: North America Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 24: North America Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 25: North America Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 26: North America Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 27: North America Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 28: North America Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 29: North America Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 30: North America Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 31: North America Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 32: North America Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 33: Latin America Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 34: Latin America Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 35: Latin America Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 36: Latin America Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 37: Latin America Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 38: Latin America Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 39: Latin America Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 40: Latin America Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 41: Latin America Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 42: Latin America Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 43: Latin America Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 44: Latin America Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 45: Latin America Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 46: Latin America Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 47: Latin America Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 48: Latin America Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 49: Europe Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 50: Europe Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 51: Europe Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 52: Europe Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 53: Europe Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 54: Europe Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 55: Europe Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 56: Europe Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 57: Europe Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 58: Europe Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 59: Europe Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 60: Europe Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 61: Europe Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 62: Europe Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 63: Europe Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 64: Europe Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 65: East Asia Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 66: East Asia Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 67: East Asia Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 68: East Asia Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 69: East Asia Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 70: East Asia Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 71: East Asia Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 72: East Asia Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 73: East Asia Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 74: East Asia Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 75: East Asia Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 76: East Asia Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 77: East Asia Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 78: East Asia Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 79: East Asia Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 80: East Asia Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 81: South Asia & Oceania Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 82: South Asia & Oceania Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 83: South Asia & Oceania Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 84: South Asia & Oceania Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 85: South Asia & Oceania Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 86: South Asia & Oceania Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 87: South Asia & Oceania Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 88: South Asia & Oceania Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 89: South Asia & Oceania Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 90: South Asia & Oceania Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 91: South Asia & Oceania Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 92: South Asia & Oceania Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 93: South Asia & Oceania Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 94: South Asia & Oceania Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 95: South Asia & Oceania Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 96: South Asia & Oceania Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Figure 97: MEA Composites Testing Market Value (US$ Mn) Historical Analysis, 2015-2021

Figure 98: MEA Composites Testing Market Value (US$ Mn) Forecast and Analysis, 2022-2032

Figure 99: MEA Composites Testing Market Value Y-o-Y Growth and Forecast, 2015-2032

Figure 100: MEA Composites Testing Market Incremental $ Opportunity, 2022-2032

Figure 101: MEA Composites Testing Market Share Analysis by Country, 2022 & 2032

Figure 102: MEA Composites Testing Market Y-o-Y Growth Projection by Country, 2022-2032

Figure 103: MEA Composites Testing Market Attractiveness Analysis by Country, 2022-2032

Figure 104: MEA Composites Testing Market Share and BPS Analysis by Testing Method, 2022 & 2032

Figure 105: MEA Composites Testing Market Y-o-Y Growth Projections by Testing Method, 2022-2032

Figure 106: MEA Composites Testing Market Attractiveness Analysis by Testing Method, 2022-2032

Figure 107: MEA Composites Testing Market Share and BPS Analysis by Product, 2022 & 2032

Figure 108: MEA Composites Testing Market Y-o-Y Growth Projections by Product, 2022-2032

Figure 109: MEA Composites Testing Market Attractiveness Analysis by Product, 2022-2032

Figure 110: MEA Composites Testing Market Share and BPS Analysis by End-use Industry, 2022 & 2032

Figure 111: MEA Composites Testing Market Y-o-Y Growth Projections by End-use Industry, 2022-2032

Figure 112: MEA Composites Testing Market Attractiveness Analysis by End-use Industry, 2022-2032

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the expected worth of the composites testing industry in 2022?

By 2022, Fact.MR expected demand for composites testing to reach US$ 1.8 Billion

What is the expected market value for the U.S composites testing market?

By 2032, Fact.MR expects the U.S market for composites testing to reach US$ 1.1 Billion

At what CAGR did the composites testing market flourish from 2015-2021?

From 2015-2021, the composites testing market grew at a 3% value CAGR

What is the expected forecast CAGR for composites testing from 2022-2032?

From 2022-2032, composites testing demand is likely to surge at a 5.2% CAGR

At what value will the market for composites testing close in 2032?

By 2032, the market for composites testing is likely to be valued at US$ 3 Billion

What was the market worth for composites testing in 2021?

As of 2021, Fact.MR estimated the composites testing market to have reached US$ 1.6 Billion

How opportunistic is the Chinese market for Composites Testing?

China is expected to register a 4.7% CAGR with regard to the Composites Testing industry

What is the expected growth rate for the Japanese market?

Japan is expected to document a CAGR worth 4.5% in the composites testing market

Which End User Industry will account for the maximum Composites testing revenue?

The automotive sector continues to dominate composites testing demand, rising at a CAGR of more than 7%.

Composites Testing Market

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