openPR Logo
Press release

Composites Testing Market : Professional Market Research Report and Forecasts, 2017 - 2025

06-05-2017 02:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR Research

Composites Testing Market : Professional Market Research

Global Composites Testing Market: Overview

The penetration of composites continues to grow in aerospace and defense, wind energy, and transportation applications. The need for precise, comprehensive testing of these materials along with stringent testing standards for these materials is primarily driving the global composites testing market.

The global composites testing market can be segmented on the basis of product type, testing method, application, and region. In terms of testing method, the market can be further divided into destructive and non-destructive testing methods. Of the two, the destructive composites testing segment is expected to display a faster growth rate due to the high demand for composites in sporting goods and wind energy applications. However, the non-destructive segment currently holds the larger share due to their demand from high-end applications such as defense, aerospace, and transportation.

In terms of product type, the global composites testing market can be segmented into continuous fiber composites, polymer matrix composites, discontinuous fiber composites, ceramic matrix composites, and others. Amongst these, continuous fiber composites led the market due to their high demand from automotive manufacturers and commercial airline companies worldwide.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=932

The publication on the global composites testing market is a conclusive guideline for existing as well as new entrants for strategic moves in this marketplace.

Global Composites Testing Market: Drivers and Restraints

The high penetration of composite materials in myriad applications such as transportation, building and construction, electrical and electronics, aerospace and defense, wind energy, sporting goods, and others is driving the composites testing market. Different types of composites that are used for these applications need to adhere to stringent standards for composites testing along with manufacturers’ proprietary testing standards in the supply chain of composites manufacturing.

Amongst the several applications of composites, aerospace and defense led the composites testing market due to the stringent regulations for composite testing for advanced defense and commercial aircraft. In particular, advanced commercial aircraft employ a significant percentage of composite materials in their airframe structures. Thus, composites utilized in airframe structures need to pass different testing stages for safety and performance considerations.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=932

Furthermore, large investments for the development of state-of-the-art composites testing facilities in Asia Pacific is fuelling the growth of this market.

The global market for composites testing is in a growth mode. However, the growth of this market is challenged due to certain factors. Issues pertaining to the recyclability of composites and lack of trained personnel for composites testing are restraining this market’s growth.

Global Composites Testing Market: Regional Outlook

The global market for composites testing can be divided into the regional segments of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Europe stands as a significant market for composites testing in the global market. The presence of established players, replacement of old aircraft, low interest rates for purchase of advanced aircraft, clearance of outstanding purchase orders from Airbus, and very high demand for commercial aircraft are some of the prominent factors for the dominant position of the region in the global market. In addition, government mandates such as the ones laid out by the European Union Automotive Fuel Economy emphasize the use of lightweight materials in transportation for increasing fuel efficiency, which is further driving the growth of tthis regional market.

Read Comprehensive Overview of Report@ https://www.tmrresearch.com/composites-testing-market

Major Companies Mentioned in Report

Some of the companies vying for a larger share in the global composites testing market are Exova Group, Mistras Group Inc., Westmoreland Mechanical Testing & Research Inc., Instron, Henkel AG & Co. KGaA, Intertek Group, Element Materials Technology, Matrix Composites, ETIM Composites Testing Laboratory.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 : Professional Market Research Report and Forecasts, 2017 - 2025 here

News-ID: 564194 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Composites

Global Composites Core Materials Market Analysis 2020 3A Composites, BASF SE, Co …
The Composites Core Materials market study exhibits a comprehensive analysis of the historic, current, and future trends across the globe. The report comprises of definitions, classifications, product specifications, and market overview, manufacturing processes, cost structures, and raw material analysis. The Composites Core Materials market report provides the end-to-end analysis of this business vertical, and the detailed information about the industry, such as the market size, revenue, volume, market share, growth
Worldwide Rail Composites Market 2023 Key Players – Able Manufacturing & Assem …
MarketStudyReport.com offers 2018 report on global Rail Composites market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023. This report focuses on the Rail Composites market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type
Composites Testing Market – Overview On Upcoming Need 2025 | Matrix Composites …
Global Composites Testing Market: Snapshot Composite testing is most commonly defined as the testing or analysis of composite materials. Composite and non-metallic materials, such as concrete, fiber-reinforced polymers, thermoplastic composites, shape memory polymer composites, high strain composites, metal matrix composites, ceramic matrix composites, sandwich-structured composite, and wood plastic composite, are becoming increasingly prevalent in various manufacturing applications. Since these materials are highly complex in structure, the need for their accurate and
Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued
Composites in Oil and Gas Market - Global Industry Forecast 2024 : Creative Comp …
ResearchMoz presents professional and in-depth study of "Composites in Oil and Gas Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024". This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The oil & gas industry needs to meet certain technical, technological, and economic requirements. This is especially observed in materials employed in construction,
Global Rail Composites Market Research Report 2018 | Applications Analysis and K …
Researchmoz added Most up-to-date research on "Global Rail Composites Market Research Report 2018" to its huge collection of research reports. This report studies the global Rail Composites market status and forecast, categorizes the global Rail Composites market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and