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