Global Composites Testing Market: 2017-2022

27/09/2017

This report studies the global composites testing market over the period 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 was valued at US$1,189.7 million in 2016 and is projected to witness an excellent compound annual growth rate (CAGR) of 7.2% over the next five years to reach US$1819.9 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 and development, increasing demand for lightweight materials and rising quality and safety standards are major growth drivers of the testing market in the composites industry.
 
www.researchandmarkets.com/publication/mdq5r23/4278080