Composites Testing Market
Report code - SRAM133 | Published On : Apr,2017 | Status: Published | No. of Pages: 247

Global Composites Testing Market by Testing Type (Destructive and Non-Destructive), by Product Type (Polymer Matrix Composites, Ceramic Matrix Composites, and Metal Matrix Composites), by End-Use Industry Type (Aerospace & Defense, Transportation, Building & Construction, Wind Energy, Marine, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022

This report, from Stratview Research, studies the global composites testing market over the trend period of 2011 to 2016 and the forecast period of 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

The Global Composites Testing Market: Highlights

The global composites testing market is projected to reach US$ 1,819.9 million in 2022. Increasing production of composites rich commercial and regional aircraft, development of new composite applications in different industries, an advancement in materials, increasing investment in research & development, increasing demand for lightweight materials, and rising quality and safety standards are major growth drivers of the testing market in the composites industry.

The global composites testing market is segmented based on the testing type as Destructive and Non-Destructive. Destructive testing type is further segmented into impact testing, fatigue testing, compression testing, flexural testing, tensile testing, and others. Similarly, non-destructive testing is further segmented into visual testing, ultrasonic testing, thermography, radiography, shearography, tap testing and others. Non-destructive is expected to remain the most dominant testing type over the next five years, driven by a higher preference in a wide array of applications in the aerospace & defense, transportation, and wind energy industries.   

Based on the product type, the global composites testing market is segmented into Polymer Matrix Composites (PMCs), Ceramic Matrix Composites (CMCs), and Metal Matrix Composites (MMCs). PMCs consist of both thermoset and thermoplastic composites and currently occupy the largest share of the global composites testing market. The segment is expected to remain largest over the next five years as well.

The global composites testing market is also segmented based on the end-use industry type as Aerospace & Defense, Transportation, Building & Construction, Wind Energy, Marine, and Others. Aerospace & Defense dominates the market and is expected to remain the largest segment over the next five years. Increasing production rates of key commercial and regional aircraft, such as B737, B787, A350XWB, A320, and Bombardier C Series, development of new aircraft or variant of existing programs, such as B737max, A320neo, B777x, and A330 neo, introduction of more stringent regulations, and increasing penetration of composites are the major drivers of the market.

Transportation is projected to witness the highest growth during the same period, driven by an increasing penetration of advanced composites in the structural parts of the automobile, especially in electric and premium vehicles, to address the stringent government regulations, such as CAFÉ Standards.

North America holds the largest market share in the composites testing market, mainly driven by the USA. The country is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized OEMs, tier players, and testing service providers. There is also a healthy demand for testing from other industries, such as wind energy, transportation, building & construction, and marine in the country.

Asia-Pacific is projected to witness the highest growth during the same period, driven by China and India. Development of indigenous commercial, regional, and military aircraft, such as COMAC C919, ARJ21, and Mitsubishi MRJ, commencement of assembly plants of major commercial aircraft, such as A320 in the China, the highest wind turbine installation, and increasing penetration of composites in the transportation industry are some of the major growth drivers of the region.     

Intertek Group plc, Exova Group plc, Element Materials Technology, ETIM Composites Testing Laboratory,  SGS Sercovam, Henkel AG & CO. KGaA, Mistras Group Inc., and Westmoreland Mechanical Testing & Research Inc. are the key players in the global composites testing market. Advancement in the equipment, regional expansion, and collaboration with customers are some of the key strategies adopted by companies to gain a competitive edge over other competitors.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been conducted to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, Product portfolio, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

The global composites testing market is segmented into the following categories. 

Global Composites Testing Market by Testing Type:

  • Destructive Testing
    • Regional Analysis (North America, Europe, Asia-Pacific, and RoW)
    • Testing Type Analysis (Impact Testing, Fatigue Testing, Compression Testing, Flexure Testing, Tensile Testing, and Others)
  • Non-Destructive Testing
    • Regional Analysis (North America, Europe, Asia-Pacific, and RoW)
    • Testing Type Analysis (Visual Testing, Tap Testing, Ultrasonic Testing, Thermography, Radiography, Shearography, and Others)

Global Composites Testing Market by Product Type:

  • Polymer Matrix Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Ceramic Matrix Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Metal Matrix Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Global Composites Testing Market by End-Use Industry Type:

  • Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Global Composites Testing Market by Region:

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the world (Country Analysis: the Middle East, Latin America, and Others)

 

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

 Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Market Segmentation

  • Current market segmentation of any one of the end-use industry type by testing type 

 Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com


List of Figures

List of Tables

Disclaimer

Copyright

Abbreviation

Currency Exchange

About Us

Research Methodology

Secondary Research

Key Information Gathered from Secondary Research

Primary Research

Key Information Gathered from Primary Research

Breakdown of Primary Interviews by Region, Designation, and Value Chain Node

Data Analysis and Triangulation

Report Scope

Report Objectives 

 

1.    Executive Summary  

 

2.    Global Composites Testing Market - Overview and Market Forces

2.1.          Introduction

2.2.          Market Classification

2.2.1.               By Testing Type

2.2.2.               By Product Type

2.2.3.               By End-Use Industry Type

2.2.4.               By Region

2.3.          Market Drivers

2.4.          Market Constraints

2.5.          Supply Chain Analysis

2.6.          Industry Life Cycle Analysis

2.7.          PEST Analysis: Impact Assessment of Changing Business Environment

2.8.          Porter’s Five Forces Analysis

2.8.1.               Bargaining Power of Suppliers

2.8.2.               Bargaining Power of Customers

2.8.3.               Threat of New Entrants

2.8.4.               Threat of Substitutes

2.8.5.               Competitive Rivalry

2.9.          SWOT Analysis

 

3.    Global Composites Testing Market Analysis – By Testing Type 

3.1.          Strategic Insights 

3.2.          Destructive Composites Testing Market Trend and Forecast (US$ Million)

3.2.1.               Testing Type (Impact, Fatigue, Compression, Flexure, Tensile, and Others) Trend and Forecast (US$ Million)

3.2.2.               Regional Trend and Forecast (US$ Million)

3.3.          Non-Destructive Composites Testing Market Trend and Forecast (US$ Million)

3.3.1.               Testing Type (Visual, Tap, Ultrasonic, Thermography, Radiography, Shearography, and Others) Trend and Forecast (US$ Million)

3.3.2.               Regional Trend and Forecast (US$ Million)

 

4.    Global Composites Testing Market Analysis – By Product Type 

4.1.          Strategic Insights

4.2.          Polymer Matrix Composites Testing Market Trend and Forecast (US$ Million)

4.2.1.               Regional Trend and Forecast (US$ Million)

4.3.          Ceramic Matrix Composites Testing Market Trend and Forecast (US$ Million)

4.3.1.               Regional Trend and Forecast (US$ Million)

4.4.          Metal Matrix Composites Testing Market Trend and Forecast (US$ Million)

4.4.1.               Regional Trend and Forecast (US$ Million)

 

5.    Global Composites Testing Market Analysis – By End-Use Industry Type 

5.1.          Strategic Insights 

5.2.          Aerospace & Defense: Composites Testing Market Trend and Forecast (US$ Million)

5.2.1.               Regional Trend and Forecast (US$ Million)

5.3.          Transportation: Composites Testing Market Trend and Forecast (US$ Million)

5.3.1.               Regional Trend and Forecast (US$ Million)

5.4.          Building & Construction: Composites Testing Market Trend and Forecast (US$ Million)

5.4.1.               Regional Trend and Forecast (US$ Million)

5.5.          Wind Energy: Composites Testing Market Trend and Forecast (US$ Million)

5.5.1.               Regional Trend and Forecast (US$ Million)

5.6.          Marine: Composites Testing Market Trend and Forecast (US$ Million)

5.6.1.               Regional Trend and Forecast (US$ Million)

5.7.          Others: Composites Testing Market Trend and Forecast (US$ Million)

5.7.1.               Regional Trend and Forecast (US$ Million)

 

6.    Global Composites Testing Market Analysis – By Region  

6.1.          Strategic Insights 

6.2.          North American Composites Testing Market Analysis  

6.2.1.               North American Composites Testing Market Trend and Forecast, by Country (US$ Million)

6.2.1.1.                      The USA: Composites Testing Market Trend and Forecast (US$ Million)

6.2.1.2.                      Canada: Composites Testing Market Trend and Forecast (US$ Million)

6.2.1.3.                      Mexico: Composites Testing Market Trend and Forecast (US$ Million)

6.2.2.               North American Composites Testing Market Trend and Forecast, by Testing Type (US$ Million)

6.2.3.               North American Composites Testing Market Trend and Forecast, by Product Type (US$ Million)

6.2.4.               North American Composites Testing Market Trend and Forecast, by End-Use Industry Type (US$ Million)

6.3.          European Composites Testing Market Analysis   

6.3.1.               European Composites Testing Market Trend and Forecast, by Country (US$ Million) 

6.3.1.1.                      Germany: Composites Testing Market Trend and Forecast (US$ Million)

6.3.1.2.                      France: Composites Testing Market Trend and Forecast (US$ Million)

6.3.1.3.                      The UK: Composites Testing Market Trend and Forecast (US$ Million)

6.3.1.4.                      Russia: Composites Testing Market Trend and Forecast (US$ Million)

6.3.1.5.                      Rest of Europe: Composites Testing Market Trend and Forecast (US$ Million)

6.3.2.               European Composites Testing Market Trend and Forecast, by Testing Type (US$ Million)

6.3.3.               European Composites Testing Market Trend and Forecast, by Product Type (US$ Million)

6.3.4.               European Composites Testing Market Trend and Forecast, by End-Use industry Type (US$ Million)

6.4.          Asia-Pacific’s Composites Testing Market Analysis  

6.4.1.               Asia-Pacific’s Composites Testing Market Trend and Forecast, by Country (US$ Million) 

6.4.1.1.                      China: Composites Testing Market Trend and Forecast (US$ Million)

6.4.1.2.                      Japan: Composites Testing Market Trend and Forecast (US$ Million)

6.4.1.3.                      India: Composites Testing Market Trend and Forecast (US$ Million)

6.4.1.4.                      Rest of Asia-Pacific: Composites Testing Market (US$ Million)

6.4.2.               Asia-Pacific’s Composites Testing Market Trend and Forecast, by Testing Type (US$ Million)

6.4.3.               Asia-Pacific’s Composites Testing Market Trend and Forecast, by Product Type (US$ Million)

6.4.4.               Asia-Pacific’s Composites Testing Market Trend and Forecast, by End-Use Industry Type (US$ Million)

6.5.          Rest of the World’s (RoW) Composites Testing Market Analysis

6.5.1.               RoW’s Composites Testing Market Trend and Forecast, by Country/Sub-Region (US$ Million)   

6.5.1.1.                      The Middle East: Composites Testing Market Trend and Forecast (US$ Million)

6.5.1.2.                      Latin America: Composites Testing Market Trend and Forecast (US$ Million)

6.5.1.3.                      Others: Composites Testing Market Trend and Forecast (US$ Million)

6.5.2.               RoW’s Composites Testing Market Trend and Forecast, by Testing Type (US$ Million)

6.5.3.               RoW’s Composites Testing Market Trend and Forecast, by Product Type (US$ Million)

6.5.4.               RoW’s Composites Testing Market Trend and Forecast, by End-Use Industry Type (US$ Million)

 

7.    Competitive Analysis

7.1.          Strategic Insights

7.2.          Product Portfolio Analysis

7.3.          Presence by End-Use Industry

7.4.          Geographical Presence

7.5.          Strategic Alliances: Mergers and Acquisitions, Joint Ventures, Collaborations, etc.   

7.6.          Market Share Analysis

 

8.    Strategic Growth Opportunities

8.1.          Strategic Insights

8.2.          Market Attractive Analysis

8.2.1.               Market Attractiveness by Testing Type

8.2.2.               Market Attractiveness by Product Type

8.2.3.               Market Attractiveness by End-Use Industry Type

8.2.4.               Market Attractiveness by Region

8.2.5.               Market Attractiveness by Country

8.3.          Emerging Trends

8.4.          Growth Matrix Analysis

8.5.          Key Success Factors

 

9.    Company Profile of Key Players

9.1.          Applus+

9.2.          ETIM Composites Testing Laboratory

9.3.          Element Materials Technology

9.4.          Exova Group Plc

9.5.          Henkel AG & CO. KGaA

9.6.          Intertek Group Plc

9.7.          Mistras Group Inc.

9.8.          SGS Sercovam

9.9.          Westmoreland Mechanical Testing & Research Inc.




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