How big is the TIC Market For The Metals And Minerals Industry?

The TIC Market For The Metals And Minerals Industry size is expected to reach USD 19.53 billion in 2024 and grow at a CAGR of 4.30% to reach USD 24.17 billion by 2029. Read More

What is the current TIC Market For The Metals And Minerals Industry size?

In 2024, the TIC Market For The Metals And Minerals Industry size is expected to reach USD 19.53 billion. Read More

Who are the key players in TIC Market For The Metals And Minerals Industry?

SGS SA, Bureau Veritas SA, Intertek Group PLC, TUV SUD and DEKRA SE are the major companies operating in the TIC Market For The Metals And Minerals Industry. Read More

Which is the fastest growing region in TIC Market For The Metals And Minerals Industry?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in TIC Market For The Metals And Minerals Industry?

In 2024, the Asia Pacific accounts for the largest market share in TIC Market For The Metals And Minerals Industry. Read More

What years does this TIC Market For The Metals And Minerals Industry cover, and what was the market size in 2023?

In 2023, the TIC Market For The Metals And Minerals Industry size was estimated at USD 18.69 billion. The report covers the TIC Market For The Metals And Minerals Industry historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the TIC Market For The Metals And Minerals Industry size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

TIC Market For The Metals And Minerals Industry Market Share

Statistics for the 2023 & 2024 TIC Market For The Metals And Minerals Industry market share, created by Mordor Intelligence™ Industry Reports. TIC Market For The Metals And Minerals Industry share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of TIC Industry For The Metals And Minerals Industry

The presence of well-known players in the testing, inspection, and certification market for the metals and minerals industry is anticipated to lead to heightened competition in the foreseeable future. Established market leaders, including SGS SA, Bureau Veritas, Intertek Group PLC, TUV SUD, DEKRA SE, and Eurofins Scientific SE, among others, significantly impact the overall market. These key players employ growth strategies such as solution launches, innovations, mergers and acquisitions, collaborations and partnerships, and intensive research and development to succeed in the competitive market.

Both existing and new market incumbents are adopting a digital innovation strategy. Companies are engaging in significant merger and acquisition activities that are expected to intensify European market competition. Overall, the market is expected to witness intense competitive rivalry. With high consolidation expected over the next few years, the competitive rivalry will increase further.