Market Trends of Composite Testing Industry
This section covers the major market trends shaping the Composite Testing Market according to our research experts:
Building and Construction Segment Expected to Show Significant Growth in Application
- The massive growing urban populations, has led to an increase in the expectation for safe, sustainable buildings and a healthy urban environment. Composite testing enables constructors in developing buildings and infrastructure that are of high quality, profitable, and compliant with environmental and safety regulations.
- Tests like non-destructive tests are highly useful for testing and evaluating concrete strength after and during the construction of a building. NDT methods depend on the fact that some physical and chemical properties of concrete can be correlated to the strength and durability of structures. These techniques have been used for more than 30 years, for evaluating the condition of a structure.
- In August 2019, AIT Bridges, a division of Advanced Infrastructure Technologies (AIT) collaborated with the University of Maine to license the university’s technology to design and supply composite bridge systems that are sustainable, inexpensive and long-lasting. The CT girder was designed to be a lightweight, sustainable and financially feasible technology that could be a long-term replacement for traditional concrete and steel girders.
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Europe Region Expected to Hold a Dominant Share
- The adoption of composite testing in Europe is expected to hold the majority share globally, owing to the stringent environment norms and increasing health safety measures in the region, ensuring the infrastructure, services, products are met with the standards and regulations.
- In 2018, Energy Performance of Buildings Directive was introduced, which covers a broad range of policies and supportive measures. It is helping EU governments to boost energy performance of buildings and improve the existing building stock, in both a short and long-term perspective. Thus, the adoption of composite testing is expected to increase.
- Several initiatives are being taken in the region to promote the adoption of composite testing for various applications. For instance, ÉireComposites and ATG Innovation Ltd collaborated to jointly contribute in a R&D project aimed at the development and maturation of grid stiffened and lattice composite structures. The project also received funding from Enterprise Ireland along with technical requirements and oversight from the European Space Agency ESTEC office.
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