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 |
|
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Competitive landscape highlights only certain players
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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.
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
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- 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%.