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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.

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  1. alfachemistryFebruary 19, 2019 at 7:30 AM

    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

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