DUBLIN, Nov 23, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Composites Testing Market by Testing Type, Product Type, Application & Region - Global Forecast to 2026" report to their offering.
Continuous fiber composites have the largest market share in the global composites testing market. Owing to their superior performance, continuous fiber composites are extensively used in high-end applications such as aerospace & defense and transportation. Since the share of composites in these applications is very high, the market for continuous fiber composites testing is also very large as compared to the testing of other composite products. Further, the demand for continuous fiber composites is also very high from the next generation aircraft, fighter planes and advanced light weight automotives, which further increases the share in the composites testing market.
Non-destructive testing is done to test the composites that are mostly used in critical safety applications for example in aircraft primary structures and interior and exterior structures of transport vehicles. The non-destructive testing of such composite materials is more crucial and demanding in these high-end applications to ensure the quality of composites and safety of passengers. The high growth of the global aerospace & defense and transportation industries, coupled with the increasing penetration of composites in aircraft is driving the non-destructive composites testing market.
Europe accounts for the largest market share in composites testing, globally. This is due to the high demand for composites from Europe's commercial aircraft and transportation industry, the presence of major composite testing service providers and the stringent regulatory norms such as, by the European Committee for Standardization (CEN) to ensure and maintain the quality of composites. The composites testing service providers in this region are focusing on capacity expansions in composites production to meet the high demand for non-destructive testing from commercial airline companies. For instance, Exova Group Plc. invested millions of Euros in Exova's aerospace composites and metals testing site in Toulouse (France) in October 2013, which is helping the company to increase its capacity to meet customer needs. Further, the penetration of composites is growing in the wind energy application in Europe, which is further driving the composites testing market in this region.
- Composites Testing Laboratory Ltd.
- Element Materials Technology
- ETIM Composites
- Exova Group Plc.
- Henkel AG & Co. KGaA
- Instron Corporation
- Intertek Group Plc.
- Matrix Composites, Inc.
- Mistras Group, Inc.
- Westmoreland Mechanical Testing And Research, Inc.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview And Key Trends
7 Composites Testing Market, by Testing Method
8 Composites Testing Market, by Product Type
9 Composites Testing Market, by Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/89vpck/composites
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SOURCE Research and Markets