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Global Composites Testing Market Size, Share, Development, Growth and Forecast by 2023

04-05-2018 06:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

Global Composites Testing Market Size, Share, Development,

The global composite testing market is witnessing strong growth on account of growing usage of composites in aerospace and defense, transportation and wind energy industries, and strict composites testing standards.Composites are required to adhere to proprietary testing standards of the manufacturers and the strict composites testing standards to maintain durability and ensure safety.

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The global composites testing market has been segmented by testing method, product type, application and region. On the basis of testing method, the market has been segmented into destructive and nondestructive testing methods.

On the basis of product type, the global market has been segmented into continuous fiber composites, discontinuous fiber composites, polymer matrix composites and ceramic matrix composites. Continuous fiber composites market is growing due to increasing demand for these from airline companies and automotive manufacturers across the globe.

Based on application, the global composites testing market has been segmented into building and construction, transportation, wind energy, sporting goods, aerospace and defense and electrical and electronics. The aerospace and defense application led the global composites testing market, owing to high demand for composites testing services from advanced commercial aircrafts.

Geographically, the global composites testing market has been segmented into North America, Asia-Pacific, Europe and Rest of the world. The European global composites testing market is expected to witness the highest growth , during the forecast period.

Access Report Summary with Detailed TOC at :  https://www.psmarketresearch.com/market-analysis/composites-testing-market

The key players operating in the composites testing market include Exova Group plc, Intertek Group plc, Mistras Group Inc., Element Materials Technology, Westmoreland Mechanical Testing & Research Inc., Matrix Composite Inc., Instron, ETIM Composites Testing Laboratory and Henkel AG & CO. KGaA. The companies have been adopting various organic and inorganic growth strategies to enhance their presence in the global market.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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