Composites Testing Market Manufacturers, Segments, Opportunities, and Regional Forecast to 2026

The report "Composites Testing Market by Testing Type (Destructive, Non-Destructive), Product Type (Continuous Fiber, Discontinuous Fiber, Polymer Matrix, Ceramic Matrix), Application (Aerospace & Defense, Transportation, Wind) & Region - Global Forecast to 2026", The composites testing market is projected to reach USD 3.06 Billion by 2026, growing at a CAGR of 6.95%, from 2016 to 2026. The high penetration of composites in various high end applications and stringent regulatory norms stressing upon the quality of composites are driving the growth of the global composites testing market.

Continuous fiber composites comprise a major share in the composites testing market in terms of value

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 automotive, which further increases the share in the composites testing market.
read more..