Composites Testing Market by Testing Type (Destructive, Non-Destructive), Product Type (Continuous Fiber, Discontinuous Fiber, Polymer Matrix, Ceramic Matrix), Application (Aerospace & Defense, Transportation, Wind) & Region - Global Forecast to 2026

“Composites testing market projected to grow at a CAGR of 6.95%”
The global composites testing market is projected to reach USD 3.06 billion by 2026, at a CAGR of 6.95% from 2016 to 2026. The major drivers stimulating the growth of the global composites testing market are, the increasing demand for light weight, fuel efficient and high performance materials from commercial airline companies, increased penetration of composites in advanced aircraft as well as low cost carriers and the high worldwide growth in the number of new generation aircraft deliveries. However, issues related to recyclability and the lack of standardization in manufacturing technologies, are restraining the growth of the composites testing market.
“Aerospace & defense applications accounted for the largest market share in the composites testing market in 2015, by value.”
The use of composites is most widespread in aerospace & defense and hence there is a need to evaluate its performance its structural applications in aerospace. Aerospace designers are incorporating composite materials to make their vehicles lighter, faster, and more fuel efficient. The leading commercial aircraft manufacturers, Boeing and Airbus, have developed aircraft such as Boeing 787 and Airbus A350 which constitute more than 50% composites in their airframe structures. In addition, the aviation giants, as well as aerospace organizations such as SpaceX and National Aeronautics and Space Administration (NASA), are using composites due to their high stiffness-to-weight ratio and resistance to fatigue and corrosion. These composite materials used in aerospace applications face harsh conditions and hence must be thoroughly tested to ensure safety and reliability. As composite materials are anisotropic and inhomogeneous, complete characterization of their properties must be conducted to ensure their safety and performance in aerospace structures.
“Europe is the fastest-growing market for composites testing”
Globally, the shipment of continuous fiber composites in Europe increased owing to the high demand from aircraft and transport applications. There is a high demand for composites testing from European aircraft and automotive manufacturers due to the significant percentage of composites used in structural applications. The region is also experiencing increasing usage of composites in the wind energy application due to large wind energy capacities, which grew by 10.07% from 2014 to 2015 (as per GWEC statistics), thereby driving the composites testing services, which are essential to check the efficacy of rotor blades for maximum energy generation.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
‧ By company type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%
‧ By designation- C Level- 30%, Director Level- 25%, and Others- 45%
‧ By region- North America- 30%, Europe- 25%, Asia-Pacific- 30%, Latin America- 10% and Middle East & Africa- 5%
The report provides a comprehensive analysis of company profiles, which include:
‧ Exova Group plc (U.K.),
‧ Intertek Group plc (U.K.),
‧ Mistras Group Inc. (U.S.),
‧ Element Materials Technology (U.S.),
‧ Westmoreland Mechanical Testing & Research Inc. (U.S.),
‧ Matrix Composite Inc. (U.K.) ,
‧ Instron (U.K.),
‧ ETIM Composites Testing Laboratory (France)
‧ Composites Testing Laboratory (Ireland)
‧ Henkel AG & CO. KGaA (Germany)

Research Coverage:

The report covers the global composites testing market and emphasizes the importance of composites testing in various applications. It estimates the market size and future growth potential of this market across different segments such as application, service, deployment type, user type, industry verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.


Reasons to buy the report:

The report will help market leaders/new entrants in this market by providing them the closest approximations of the revenues of the overall composites testing market and the subsegments. This report will help stakeholders to better understand the competitive landscape and gain more insights, to better position their businesses and market strategies. The report also helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.3.1 YEARS CONSIDERED IN THE REPORT 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.1.2.3 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 21
2.3 COMPOSITES TESTING MARKET: DATA TRIANGULATION 22
2.3.1 RESEARCH ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 29
4.1 SIGNIFICANT OPPORTUNITIES IN THE COMPOSITE TESTING MARKET 29
4.2 COMPOSITES TESTING MARKET, BY PRODUCT TYPE 29
4.3 COMPOSITES TESTING MARKET, BY REGION 30
4.4 COMPOSITES TESTING GROWTH, BY COUNTRY 30
4.5 APPLICATION GROWTH MATRIX 31
5 MARKET OVERVIEW 32
5.1 INTRODUCTION 33
5.2 MARKET SEGMENTATION 33
5.2.1 COMPOSITES TESTING MARKET, BY PRODUCT TYPE 33
5.2.2 COMPOSITES TESTING MARKET, BY TESTING METHODS 33
5.2.3 COMPOSITES TESTING MARKET, BY APPLICATION 34
5.2.4 COMPOSITES TESTING MARKET, BY REGION 34
5.3 MARKET DYNAMICS 35
5.3.1 DRIVERS 36
5.3.1.1 Increasing demand for composite testing from automotive and aerospace & defense industries to meet high performance standards 36
5.3.1.2 Growing demand for testing of hydraulic frames in aerospace & defense application 36
5.3.1.3 Absence of coherent database for testing composites for different applications 36
5.3.1.4 Large investments for composites testing facilities in Asia-Pacific 36
5.3.2 RESTRAINTS 37
5.3.2.1 Lack of trained operators and expertise in developing regions 37
5.3.2.2 Issues related to recyclability of composites 37
5.3.3 OPPORTUNITIES 37
5.3.3.1 Automated methods for composites testing 37
5.3.3.2 Penetration of composites in various industries 37
5.3.4 CHALLENGES 38
5.3.4.1 Analyzing complex fiber composition 38
5.3.4.2 Standardization of composites testing methods 38
5.3.5 THREAT OF NEW ENTRANTS 39
5.3.6 THREAT OF SUBSTITUTES 39
5.3.7 BARGAINING POWER OF SUPPLIERS 39
5.3.8 BARGAINING POWER OF BUYERS 40
5.3.9 INTENSITY OF COMPETITIVE RIVALRY 40
6 MACROECONOMIC OVERVIEW AND KEY TRENDS 41
6.1 INTRODUCTION 41
6.2 TRENDS AND FORECAST OF GDP 41
6.3 PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND 43
6.4 TRENDS OF THE AEROSPACE INDUSTRY 44
6.5 AIR TRAFFIC TRENDS IN THE AEROSPACE INDUSTRY 45
6.6 TRENDS OF AUTOMOTIVE INDUSTRY 46
6.7 TRENDS OF WIND ENERGY INDUSTRY 48
7 COMPOSITES TESTING MARKET, BY TESTING METHOD 50
7.1 INTRODUCTION 51
7.2 NON-DESTRUCTIVE TESTING 52
7.2.1 VISUAL TESTING 52
7.2.2 TAP TESTING 52
7.2.3 ULTRASONIC TESTING 53
7.2.4 THERMOGRAPHY TESTING 53
7.2.5 RADIOGRAPHIC TESTING 53
7.2.6 SHEAROGRAPHY TESTING 53
7.3 DESTRUCTIVE TESTING 55
7.3.1 COMPRESSION TESTING 55
7.3.2 FLEXURE TESTING 55
7.3.3 HARDNESS TESTING 56
7.3.4 TENSILE TESTING 56
7.3.5 IMPACT TESTING 56
8 COMPOSITES TESTING MARKET, BY PRODUCT TYPE 58
8.1 INTRODUCTION 59
8.2 CONTINUOUS FIBER COMPOSITES 60
8.3 DISCONTINUOUS FIBER COMPOSITES 61
8.4 POLYMER MATRIX COMPOSITES 62
8.5 CERAMIC MATRIX COMPOSITES 63
8.6 OTHER COMPOSITES 64
9 COMPOSITES TESTING MARKET, BY APPLICATION 65
9.1 INTRODUCTION 66
9.2 AEROSPACE & DEFENSE 67
9.3 TRANSPORTATION 69
9.4 WIND ENERGY 70
9.5 BUILDING & CONSTRUCTION 72
9.6 SPORTING GOODS 73
9.7 ELECTRICALS & ELECTRONICS 74
9.8 OTHERS 76
9.8.1 MARINE 76
9.8.2 MEDICAL 76
9.8.3 PIPES & TANKS 76
10 REGIONAL ANALYSIS 78
10.1 INTRODUCTION 79
10.2 NORTH AMERICA 80
10.2.1.1 COMPOSITES TESTING MARKET SIZE IN NORTH AMERICA,
BY TESTING METHOD 82
10.2.1.2 COMPOSITES TESTING MARKET SIZE IN NORTH AMERICA,
BY APPLICATION 82
10.2.1.3 COMPOSITES TESTING MARKET SIZE IN NORTH AMERICA,
BY COUNTRY 83
10.2.1.4 CANADA 83
10.2.1.4.1 COMPOSITES TESTING MARKET SIZE IN CANADA,
BY TESTING METHOD 83
10.2.1.4.2 COMPOSITES TESTING MARKET SIZE IN CANADA,
BY APPLICATION 84
10.2.1.5 U.S. 84
10.2.1.5.1 COMPOSITES TESTING MARKET SIZE IN U.S.,
BY TESTING METHOD 85
10.2.1.5.2 COMPOSITES TESTING MARKET SIZE IN U.S.,
BY APPLICATION 85
10.3 EUROPE 86
10.3.1 COMPOSITES TESTING MARKET SIZE IN EUROPE, BY TESTING METHOD 87
10.3.2 COMPOSITES TESTING MARKET SIZE IN EUROPE, BY APPLICATION 87
10.3.3 COMPOSITES TESTING MARKET SIZE IN EUROPE, BY COUNTRY 88
10.3.3.1 FRANCE 89
10.3.3.1.1 COMPOSITES TESTING MARKET SIZE IN FRANCE,
BY TESTING METHOD 89
10.3.3.1.2 COMPOSITES TESTING MARKET SIZE IN FRANCE,
BY APPLICATION 89
10.3.3.2 GERMANY 90
10.3.3.2.1 COMPOSITES TESTING MARKET SIZE IN GERMANY,
BY TESTING METHOD 90
10.3.3.2.2 COMPOSITES TESTING MARKET SIZE IN GERMANY,
BY APPLICATION 90
10.3.3.3 U.K. 91
10.3.3.3.1 COMPOSITES TESTING MARKET SIZE IN U.K,
BY TESTING METHOD 91
10.3.3.3.2 COMPOSITES TESTING MARKET SIZE IN U.K.,
BY APPLICATION 91
10.3.3.4 ITALY 92
10.3.3.4.1 COMPOSITES TESTING MARKET SIZE IN ITALY,
BY TESTING METHOD 92
10.3.3.4.2 COMPOSITES TESTING MARKET SIZE IN ITALY,
BY APPLICATION 92
10.3.3.5 SPAIN 93
10.3.3.5.1 COMPOSITES TESTING MARKET SIZE IN SPAIN,
BY TESTING METHOD 93
10.3.3.5.2 COMPOSITES TESTING MARKET SIZE IN SPAIN,
BY APPLICATION 93
10.3.3.6 NETHERLANDS 94
10.3.3.7 AUSTRIA 94
10.3.3.8 RUSSIA 94
10.3.3.9 TURKEY 94
10.3.3.10 REST OF EUROPE 95
10.4 ASIA-PACIFIC 95
10.4.1 COMPOSITES TESTING MARKET SIZE IN ASIA-PACIFIC, BY TESTING METHOD 97
10.4.1.1 COMPOSITES TESTING MARKET SIZE IN ASIA-PACIFIC,
BY APPLICATION 97
10.4.1.2 COMPOSITES TESTING MARKET SIZE IN ASIA-PACIFIC, BY COUNTRY 98
10.4.1.3 CHINA 98
10.4.1.3.1 COMPOSITES TESTING MARKET SIZE IN CHINA,
BY TESTING METHOD 99
10.4.1.3.2 COMPOSITES TESTING MARKET SIZE IN CHINA,
BY APPLICATION 99
10.4.1.4 JAPAN 100
10.4.1.4.1 COMPOSITES TESTING MARKET SIZE IN JAPAN,
BY TESTING METHOD 100
10.4.1.4.2 COMPOSITES TESTING MARKET SIZE IN JAPAN,
BY APPLICATION 100
10.4.1.5 INDIA 101
10.4.1.5.1 COMPOSITES TESTING MARKET SIZE IN INDIA,
BY TESTING METHOD 101
10.4.1.5.2 COMPOSITES TESTING MARKET SIZE IN INDIA,
BY APPLICATION 101
10.4.1.6 MALAYSIA 102
10.4.1.7 SINGAPORE 102
10.4.1.8 SOUTH KOREA 102
10.4.1.9 AUSTRALIA & NEW ZEALAND 102
10.4.1.10 REST OF ASIA-PACIFIC 102
10.5 LATIN AMERICA 103
10.5.1 COMPOSITES TESTING MARKET SIZE IN LATIN AMERICA, Y TESTING METHOD 103
10.5.2 COMPOSITES TESTING MARKET SIZE IN LATIN AMERICA, BY APPLICATION 104
10.5.3 COMPOSITES TESTING MARKET SIZE IN LATIN AMERICA, BY COUNTRY 104
10.5.3.1 BRAZIL 105
10.5.3.1.1 COMPOSITES TESTING MARKET SIZE IN BRAZIL,
BY TESTING METHOD 105
10.5.3.1.2 COMPOSITES TESTING MARKET SIZE IN BRAZIL,
BY APPLICATION 105
10.5.3.2 MEXICO 106
10.5.3.3 ARGENTINA 106
10.5.3.4 REST OF LATIN AMERICA 106
10.6 MIDDLE EAST & AFRICA 106
10.6.1.1 COMPOSITES TESTING MARKET SIZE IN MIDDLE EAST & AFRICA,
BY TESTING METHOD 107
10.6.1.2 COMPOSITES TESTING MARKET SIZE IN MIDDLE EAST & AFRICA,
BY APPLICATION 107
10.6.1.3 COMPOSITES TESTING MARKET SIZE IN MIDDLE EAST & AFRICA,
BY COUNTRY 108
10.6.1.4 UAE 108
10.6.1.4.1 COMPOSITES TESTING MARKET SIZE IN UAE,
BY TESTING METHOD 108
10.6.1.4.2 COMPOSITES TESTING MARKET SIZE IN UAE,
BY APPLICATION 109
10.6.1.5 SOUTH AFRICA 109
10.6.1.5.1 COMPOSITES TESTING MARKET SIZE IN SOUTH AFRICA,
BY TESTING METHOD 109
10.6.1.5.2 COMPOSITES TESTING MARKET SIZE IN SOUTH AFRICA,
BY APPLICATION 110
10.6.1.6 QATAR 110
10.6.1.7 REST OF MIDDLE EAST & AFRICA 110
11 COMPETITIVE LANDSCAPE 111
11.1 INTRODUCTION 111
11.2 COMPETITIVE SITUATION AND TRENDS 112
11.2.1 GROWTH STRATEGIES IN COMPOSITES TESTING MARKET, 2012–2016 112
11.2.2 DEVELOPMENTS IN COMPOSITE TESTING MARKET, 2012–2016 113
11.2.2.1 MAXIMUM DEVELOPMENTS IN 2015 113
11.2.3 MARKET SHARE ANALYSIS 114
11.2.4 AGREEMENTS 114
11.2.5 INVESTMENTS & EXPANSIONS 115
11.2.6 ACQUISITIONS 116
12 COMPANY PROFILES 117
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 EXOVA GROUP PLC. 117
12.2 INTERTEK GROUP PLC. 120
12.3 HENKEL AG & CO. KGAA 123
12.4 INSTRON CORPORATION 125
12.5 MISTRAS GROUP, INC. 127
12.6 ELEMENT MATERIALS TECHNOLOGY 129
12.7 WESTMORELAND MECHANICAL TESTING AND RESEARCH, INC. 131
12.8 MATRIX COMPOSITES, INC. 132
12.9 ETIM COMPOSITES 133
12.10 COMPOSITES TESTING LABORATORY LTD. 134
*Details might not be captured in case of unlisted companies.
13 APPENDIX 135
13.1 INSIGHTS FROM INDUSTRY EXPERTS 135
13.2 DISCUSSION GUIDE 136
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 138
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 140
13.5 AVAILABLE CUSTOMIZATIONS 141
13.6 RELATED REPORTS 142
13.7 AUTHOR DETAILS 143