Global Composite Testing Market

Due to the rise in theapplication of composite, the global composite testing market is developingin industries, like aerospace and defense, transportation, and wind energy, along with stringent standards for the testing of composites. Composites are utilized in vehicles and aircrafts due to their superior performing capacity and strength. It has to adhere to a set of standards of manufacturers and other strict composite testing standards, in order to maintain durability and ensure safety.Aviation giantlike NASA uses composite testing to resist fatigue & corrosion.

Market Dynamics:

Major Growth Drivers:

--> Increasing production of composites for commercial and regional aircraft

--> Development of new composite applications in different industries

--> Huge investment in research & development for advancement in material

--> Great demand for high performance, light-weight, and fuel-efficient materials

--> Need for quality and safety standards

Restraints:

The lack of standardization in manufacturing technologies will hamper growth in the global composite testing the market.

Market Segmentation:

On the basis of Product Type,

--> Continuous fiber composites

--> Discontinuous fiber composites

--> Polymer matrix composites (Thermoset and thermoplastic)

--> Ceramic matrix composites

--> Metal Matrix Composite

--> Others

The largest share of the market belongs to Continuous fiber composites. Owing to its superior performance quality, continuous fiber composites are widely used in high-end applications such as aerospace & defense and transportation. It is high in demand to be used in the next generation aircraft, fighter planes and advanced lightweight automotive.

On the basis of Testing Method

--> Destructive Testing

=> Impact Testing

=> Fatigue Testing

=> Compression Testing

=> Flexure Testing

=> Tensile Testing

--> Non-Destructive Testing

=> Visual Testing

=> Tap Testing

=> Ultrasonic Testing

=> Thermography

=> Radiography

=> Shearography

The destructive composite testing method is growing segment due to the increasing dispersion of composites in the wind energy and sporting goods applications.Non-destructive testing is used majorly in aerospace, defense, transportation, and wind energy. Non-destructive testing tests the composites used in critical safety applications to ensure the quality of composites and safety of passengers.

On the basis of Application

--> Aerospace & defense

--> Transportation

--> Wind energy

--> Building & construction

--> Sporting goods

--> Marine

--> Electricals & electronics

--> Others

The aerospace and defense application segment leads the market and there is a growing demand for composites testing services in advanced commercial aircraft.

Geographic analysis:

Europe holds a major chunk of the market and there is a growing demand for composite testing in the transportation and commercial aircraft industry. The Committee for Standardization (CEN) in Europe ensures strict regulations regarding the quality of composites. The main focus of composite testing providers is on market expansion and enhanced composites production. This is to keep up with the demand for non-destructive testing from commercial airline companies. Also, composite testing is rising in the wind energy application which will be a driving factor.

The market is largely held by North America in the global composite testing market. It is the manufacturing capital of aerospace & defense industry and has several large to small composite part fabricators. There is also a growing demand for testing from industries, such as wind energy, transportation, building & construction, and marine in the country. Asia-Pacific is projected to witness the highest growth in the same period, driven especially by China and India.

Key Players:

The major players in the market include:

Mistras Group Inc., Exova Group plc, Intertek Group plc, Element Materials Technology, Henkel AG & Co. KGaA, Matrix Composite Inc., ETIM Composites Testing Laboratory,Westmoreland Mechanical Testing & Research Inc

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage