openPR Logo
Press release

Composites Testing Market Trends, Business Overview, Industry Growth and Forecast to 2028

04-12-2022 12:59 PM CET | Health & Medicine

Press release from: Orion Market Research

The global composites testing market is anticipated to grow at a CAGR of 6.7% during the forecast period (2022-2028). Composites are employed in the interiors and exteriors of aircraft and vehicles due to their high-performance capacity and robustness. To maintain strength and ensure security, composites must adhere to manufacturer-specific testing recommendations as well as other stringent composite testing standards. The composites testing market is growing due to an increase in the use of composites in a variety of applications in industries such as transportation, aircraft, renewable energy, military, medical, and automotive, among others. Composites have become more popular as a result of industrialization, and they are now used in a variety of industries for a variety of purposes.

Demand for composite testing services in modern commercial aircraft is on the rise. These are aircraft that have substantial composites applications in various aircraft structures for various testing methods and to ensure safety and performance efficiency. The development of new composite applications in various industries, innovation in materials, rising investment in research and development, increasing demand for lightweight materials, and improving quality and safety regulations are all important growth drivers for the composites testing market.

The mechanical testing of composite materials to determine and assess many mechanical parameters such as stiffness and strength of the composite material component is known as the composites testing market. Several organizations have standardized composite testing. The most extensively used global testing standards are CEN, ASTM, and ISO. Cryotests, creep testing, bending testing, and tensile testing is some of the most frequent testing methods. To preserve durability and assure safety, composites must adhere to the producers' unique testing requirements as well as the stringent composites testing market standards.

Some major players in the market include Element Materials Technology Group Ltd., Intertek Group plc, Mistras Group Inc., and Westmoreland Mechanical Testing & Research, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. Intertek Group plc offers Moisture Absorption of Matrix Composites by ASTM D5229, It's a gravimetric test method that measures the total mass change of a coupon exposed to a specific environment over time to track moisture content changes.

(Get 15% Discount on Buying this Report)
Get Sample Copy of Composites Testing Market at: https://orionmarketreports.com/request-sample/?id=97815&submit=Request+Sample%0D%0A

Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Product Type
•By End-User Industry
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World

Competitive Landscape- Element Materials Technology Group Ltd., Intertek Group plc, Mistras Group Inc., Westmoreland Mechanical Testing & Research, Inc., among others.

A full report Composites Testing Market of is available at:  https://orionmarketreports.com/composites-testing-market/97815/

Global Composites Testing Market Report by Segment
By Product Type
•Continuous Fiber
•Discontinuous Fiber
•Polymer Matrix
•Ceramic Matrix
•Others
By End-User Industry
•Aerospace & Defense
•Transportation
•Building & Construction
•Wind Energy
•Others(Sporting goods and Electricals & electronics)

Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?

 

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Composites Testing Market Trends, Business Overview, Industry Growth and Forecast to 2028 here

News-ID: 2601107 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Group

Specialty Insurance Market 2023 | Futuristic Technology- State Farm Group, Progr …
The Specialty Insurance market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Specialty Insurance report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period. The Specialty Insurance research report also provides insights of different regions that are
Transit Packaging Market Top Key Players - STI Group, Crown Cork Group, GWP Grou …
Freight transport in transit receives a wide range of vibrational intensities over a period of time. Based on the origin, destination and network of carriers, ocean-going vessels with aircraft will vibrate with the proper amplitude. Cargo handling and sorting operations contribute to lower levels of compressive force than movement in transit. The only exception to this is when the cargo moves in transit. This allows heavier packages to slip into
Global Baijiu Market 2019-2024 - Kweichow Moutai Group, Wuliangye, Yanghe Brewer …
Global Baijiu Market 2019-2024: “Global Baijiu Market” report focuses on the comprehensive study of the market involving technological developments, future plans, supply, sales revenue, production, dimensions, overview, manufacturers, growth rate, price, deals, and revenue for the detailed analysis of the Baijiu Market. Moreover, report of the Baijiu efficiently offers the needed characteristics of the global Baijiu market for the individuals and people looking for the business for investments, mergers & acquisitions
White Spirits Market 2019 Wuliangye Kweichow Moutai Group Yanghe Brewery Daohuax …
As per global White Spirits market report for the period of 2018 to 2023, the White Spirits market is likely to reach an estimate of USD xx million at the end of the 2023 rising at the rate of CAGR xx% throughout the forecast period of 2019 to 2024. The global White Spirits market report covers an exhaustive understanding of the White Spirits that encompasses various important factors like the
Automotive Metal Market ’size 2019 by Top Key Players: ArcelorMittal, China Ba …
The ‘Automotive Metal Market’ research report assembled by Market Study Report, LLC, provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players. This report focuses on the Automotive Metal in global market, especially in North America, Europe
Steel Ingot Market Outlook and Forecasts 2018 to 2025 and Key Players: ArcelorMi …
The “Global Steel Ingot Analysis to 2025” is a specialized and in-depth study of the Steel Ingot industry with a focus on the global market trend. The report aims to provide an overview of global Steel Ingot with detailed market segmentation by component, type, application and geography. The global Steel Ingot market is expected to witness high growth during the forecast period. The report provides key statistics on the market