Composite Testing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Composite Testing Market Report is Segmented by Product Type (Ceramic Matrix Composites, Continuous Fiber Composites, Discontinuous Fiber Composites, Polymer Matrix Composites, Other Composites), Testing Method (Destructive, Non-Destructive), Application (Aerospace and Defense, Automotive, Building & Construction, Electrical & Electronics, Others (Sporting Goods, Wind Energy, Etc. )), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Composite Testing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Composite Testing Market Size

Composite Testing Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 2.58 Billion
Market Size (2030) USD 3.65 Billion
CAGR (2025 - 2030) 7.16 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Low

Major Players

Composite Testing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Composite Testing Market Analysis

The Composite Testing Market size is estimated at USD 2.58 billion in 2025, and is expected to reach USD 3.65 billion by 2030, at a CAGR of 7.16% during the forecast period (2025-2030).

Composites are becoming increasingly vital in contemporary applications. Their benefits encompass lightweight characteristics, resistance to corrosion, elevated fatigue strength, and faster assembly processes. Significantly, composites boast a strength-to-weight ratio that outperforms most metals. To illustrate, a cubic foot of cast steel tips the scales at approximately 490 pounds, whereas composites can achieve a weight reduction of up to 70%. This focus on lightweight materials drives the composite testing market expansion, particularly within the aerospace, automotive, and construction sectors.

The Need For Maintaining Quality Standards Of The Composite Materials Is Creating A Growth Opportunity For The Market

  • Composite testing is vital for laboratory product evaluations, confirming that products fulfil their intended functions. Rather than evaluating each product component in isolation, composite testing evaluates groups of components collectively. This method streamlines the testing process and yields significant time and cost savings. Retesting the individual components becomes unnecessary when a composite group passes a test. Driven by rigorous testing standards, industries like aerospace, defense, automotive, and wind energy increasingly embrace composites. Due to their superior performance and strength, composites are now integral to vehicle applications.
  • Product innovations in the composite material landscape are bolstering market demand. For instance, in September 2024, Lucideon, an organization specializing in materials technology, processes, and testing, announced a partnership with Technetics Group. Together, they are working on NASA-patented materials to craft an advanced dynamic seal across diverse applications. These advanced materials cater to critical applications, enduring extreme temperatures and rapid rotation speeds across multiple markets. Their development necessitates heightened use of advanced ceramic processing equipment, ensuring precise and consistent testing conditions. This, in turn, amplifies the demand for composite testing solutions in the market.

Recyclability Challenges Of Composite Materials Will Raise The Concern Of Environmental Sustainability Issues

  • Composites are used for their strength-to-weight ratio and durability. Their recycling faces challenges, primarily due to material complexity. Being a blend of various, often chemically bonded materials, separating these constituents during recycling proves to be a daunting task. Moreover, the absence of standardized recycling processes and regulations for composite materials further stifles widespread recycling efforts, potentially stunting market growth. However, with rising sustainability concerns and the push for these materials to integrate into the circular economy, researchers and industry leaders are actively pioneering innovative recycling methods.
  • As global environmental concerns intensify, the composite industry is witnessing a significant rise in the adoption of bio-based materials. For instance, driven by urgent environmental and sustainability goals, there's an escalating demand for bio-based composites, especially in the infrastructure and construction sectors. Furthermore, heightened environmental mandates and dwindling resources in industries such as automotive and aerospace are steering a pronounced emphasis on developing innovative, eco-friendly composite materials. This trend is not going unnoticed, as it opens up lucrative avenues, prompting numerous companies to channel investments into the market.

Composite Testing Industry Overview

In the market studied the competitive rivalry between various firms depends on price, product, market share, and the intensity with which they compete. In the composite testing market, incumbents, such as Composites Testing Laboratory, Element Materials Technology, Intertek Group PLC, and others, account for the largest market shares. The market is highly competitive and consolidated; major vendors hold significant market shares. 

These companies strongly influence the market in terms of R&D and consolidation activities. Furthermore, the composite service in the market studied can be characterized by moderate levels of market penetration. Additionally, few regional players are entering the market to leverage the local demand in the end-user sector, such as building and construction. 

Innovation can give companies a sustainable competitive advantage. Market incumbents have adopted powerful competitive strategies based on product differentiation, market expansion, and mergers and acquisitions. The exit barriers in the market are high due to the high costs involved in operations.

The firm concentration ratio is projected to grow steadily over the forecast period. High dominance by a few market incumbents is expected to be detrimental to the market’s overall profitability. Overall, the intensity of competitive rivalry is high and expected to increase in the forecast period.

Composite Testing Market Leaders

  1. Composites Testing Laboratory

  2. ETIM Composites Testing Laboratory

  3. Henkel AG & Co. KGaA

  4. Instron Corporation (Illinois Tool Works Inc.)

  5. Element Materials Technology (Temasek Holdings)

  6. *Disclaimer: Major Players sorted in no particular order
Composites Testing Market Concentration
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Composite Testing Market News

  • March 2023: Jindal Advanced Materials, a producer of composite materials, collaborated with Italy's MAE S.p.A. to invest INR 2,700 crore (approximately USD 320 million). They aim to set up a carbon fiber plant with an annual capacity of 3,500 metric tons. This move is expected to amplify the consumption of composite materials, highlighting a substantial growth opportunity for the market.
  • January 2024: Arris Composites secured USD 34 million in its latest fundraising round. This capital will bolster the company’s global expansion efforts, highlighted by the launch of its advanced carbon fiber bicycle spoke. Such advancements underscore the evolving composite material landscape, amplifying the demand for associated testing solutions.

Composite Testing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness Porter Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products & Services
    • 4.2.5 Intensity Of Competitive Rivalry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Large Investments on Composites Testing Facilities in Asia Pacific
    • 5.1.2 Increasing Demand for Composite Testing From Automotive and Aerospace and Defense
    • 5.1.3 Growing Demand for Testing of Hydraulic Frames in Aerospace and Defense Application
  • 5.2 Market Restraints
    • 5.2.1 Lack of Trained Operators and Expertise in Developing Regions
    • 5.2.2 Issues Related to Recyclability of Composites
  • 5.3 Impact of Macroeconomic Factors on the Market

6. MARKET SEGMENTATION

  • 6.1 By Product Type
    • 6.1.1 Ceramic Matrix Composites
    • 6.1.2 Continuous Fiber Composites
    • 6.1.3 Discontinuous Fiber Composites
    • 6.1.4 Polymer Matrix Composites
    • 6.1.5 Other Composites
  • 6.2 By Testing Method
    • 6.2.1 Destructive
    • 6.2.2 Non-destructive
  • 6.3 By Application
    • 6.3.1 Aerospace and Defense
    • 6.3.2 Automotive
    • 6.3.3 Building and Construction
    • 6.3.4 Electricals and Electronics
    • 6.3.5 Others (Sporting Goods, Wind Energy, etc.)
  • 6.4 By Geography***
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia
    • 6.4.4 Australia and New Zealand
    • 6.4.5 Latin America
    • 6.4.6 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Composites Testing Laboratory
    • 7.1.2 Element Materials Technology (Temasek Holdings)
    • 7.1.3 ETIM Composites Testing Laboratory
    • 7.1.4 Henkel AG and Co. KGaA
    • 7.1.5 Instron Corporation (Illinois Tool Works Inc.)
    • 7.1.6 Intertek Group PLC
    • 7.1.7 Matrix Composites, Inc. (ITT Inc.)
    • 7.1.8 MISTRAS Group Inc.
    • 7.1.9 Westmoreland Mechanical Testing & Research, Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific'
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Composite Testing Industry Segmentation

A composite material is a combination of two materials with different physical and chemical properties, which are combined to create a material which is stronger, lighter or resistant to electricity. Composite Testing involves testing for various properties of the composite material, such as resistance, hardness, strength, cure, flame and heat resistance, viscoelasticity, ductility, and tensile stress, amongst various other properties. The global composite testing market has been segmented on the basis of testing method, product type, application, and region.

The composite testing market is segmented by product type (ceramic matrix composites, continuous fiber composites, discontinuous fiber composites, polymer matrix composites, other composites), testing method (destructive, non-destructive), application (aerospace and defense, automotive, building & construction, electrical & electronics, others (sporting goods, wind energy, etc.)), and geography (North America, Europe, Asia-Pacific, Latin America, Middle East And Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Product Type Ceramic Matrix Composites
Continuous Fiber Composites
Discontinuous Fiber Composites
Polymer Matrix Composites
Other Composites
By Testing Method Destructive
Non-destructive
By Application Aerospace and Defense
Automotive
Building and Construction
Electricals and Electronics
Others (Sporting Goods, Wind Energy, etc.)
By Geography*** North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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Composite Testing Market Research Faqs

How big is the Composite Testing Market?

The Composite Testing Market size is expected to reach USD 2.58 billion in 2025 and grow at a CAGR of 7.16% to reach USD 3.65 billion by 2030.

What is the current Composite Testing Market size?

In 2025, the Composite Testing Market size is expected to reach USD 2.58 billion.

Who are the key players in Composite Testing Market?

Composites Testing Laboratory, ETIM Composites Testing Laboratory, Henkel AG & Co. KGaA, Instron Corporation (Illinois Tool Works Inc.) and Element Materials Technology (Temasek Holdings) are the major companies operating in the Composite Testing Market.

Which is the fastest growing region in Composite Testing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Composite Testing Market?

In 2025, the Europe accounts for the largest market share in Composite Testing Market.

What years does this Composite Testing Market cover, and what was the market size in 2024?

In 2024, the Composite Testing Market size was estimated at USD 2.40 billion. The report covers the Composite Testing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Composite Testing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Composite Testing Industry Report

Statistics for the 2025 Composite Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Composite Testing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.