Skip to main content

Major growth drivers of the testing market in the composites industry



Very interesting to observe that, 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 light-weight materials, and rising quality and safety standards are major growth drivers of the testing market in the composites industry.
According to Research and Markets, the global composites testing market was valued at US$ 1,189.7 million in 2016 and is projected to witness an excellent CAGR of 7.2% over the next five years to reach US$ 1,819.9 million in 2022.

Comments

  1. The demand for innovative materials keeps increasing with the civilization development of the world. In a modern advanced society like ours, composite materials are actually in many aspects of our lives. Composites testing

    ReplyDelete

Post a Comment

Popular posts from this blog

The business travel industry in U.S.

It is obvious that, Business travel matters, and it is a critical driver of the economy. For those who are unfamiliar, face to face interaction enabled by business travel remains a critical business tool. ‘ The U.S. Business Travel Economic Impact Report ,’ reveals business travel was responsible for about 3 percent ($547 billion) of U.S. GDP in 2016. One can also observe that , for every 1 percent change in business travel spending, the U.S. economy gains or loses 74,000 jobs, $5.5 billion in GDP, $3.3 billion in wages and $1.3 billion in taxes. The study found that , roughly half (48 percent) of U.S. business trips were taken for transient purposes (sales trips, client services, government and military travel and travel for construction or repair), while 28 percent were taken for group travel purposes. The remaining 25 percent of trips were taken for a combination of business and leisure. A personal car or truck (35 percent) was the most popular mode of transportati...

LES ENJEUX SUR LA PÂTISSERIE À BASE DE LA FARINE DE PLANTAIN

TAATJENE  FOOD INDUSTRIES  TRAVAILLE POUR VOUS PRODUIRE DE LA PÂTISSERIE 100 % BIO À  BASE DE LA FARINE DE PLANTAIN . CETTE FARINE CONTRAIREMENT À CELLE DU BLÉ,  EST FACILEMENT DIGÉRÉE, NE CAUSE PAS DE MALADIES DIGESTIVES, NE CONTIENT PAS DE GLUTEN ET DONC MAGNIFIQUE POUR LE BIEN-ÊTRE.  SITE WEB : taatjenefoods.blogspot.com  En IMAGES DU PAIN À BASE DE LA FARINE DE PLANTAIN.

The Space elevator project is becoming an Amazing reality

From fiction... the Space elevator project is becoming bit by bit an Amazing reality which Will reduce the cost of mouving people and things to and from Space. Japan to conduct first test.