Global Material Testing Market to Reach USD 9.2 Billion by 2033, Spurred by Expanding Construction Industry

November 06, 2024 | Chemical & Materials

As per the latest report by IMARC Group, titled “Material Testing Market Report by Type (Universal Testing Machines, Servohydraulic Testing Machines, Hardness Testing Machines, Impact Testing Machines, Non-Destructive Testing Machines), Material (Metals and Alloys, Plastics, Rubber and Elastomers, Ceramics and Composites, and Others), End Use Industry (Automotive, Construction, Education, Aerospace and Defense, Oil and Gas, Energy and Power, and Others), and Region 2025-2033,”the global material testing market reached a value of USD 6.8 Billion in 2024. Material testing refers to the process of determining the physical, structural, and mechanical properties of various materials and components. It is used to analyze the characteristics and behavior of metals, ceramics, or plastics under various conditions. The data obtained is furtherutilized to specify the suitability of materials for multiple applications such as building or aircraft constructionand packaging.

Global Material Testing Market Trends:

The market is primarily driven by the expanding construction industry as raw materials, such as adhesives, sealants, concretes, mortar, ceramics, slates, stones, and pipes, are tested to check for the desired properties. Moreover, the growingfocus on meeting manufacturing standards such as ASTM and ISO is also contributing to the market growth. Besides this, the manufacturing of innovative composites across various industries represents another growth-inducing factor. Moreover, the market is furtherpropelled by several technological advancements, such as the development of testing equipment with multi-stage testing capabilities and picture-video capture functionalities. Furthermore, increasing product adoption by the medical sector to test material integrity, surface morphology, and adhesion capacities, along with extensive research and development (R&D) activities, are some of the other factors anticipated to propel the market growth in the coming years. Looking forward, IMARC Group expects the market value to reach USD 9.2 Billion by 2033, exhibiting a CAGR of 3.33% during the forecast period (2025-2033).

Market Summary:

Based on the type, the market has been segmented into universal, servohydraulic, hardness, impact, and non-destructive testing machines.
On the basis of the material, the market has been classified into metals and alloys, plastics, rubber and elastomers, ceramics and composites, and others.
Based on the end use industry, the market has been categorized into automotive, construction, education, aerospace and defence, oil and gas, energy and power, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The report has also analyzed the competitive landscape of the market, with some of the key players being ADMET, Inc., AMETEK, Inc., Applied Test Systems, Bureau Veritas, DNV, Hegewald & Peschke, Illinois Tool Works Inc., Mitutoyo America Corporation, MTS Systems, Shimadzu Corporation, Smithers, Tinius Olsen, Wirsam Scientific, Zwick Roell, etc.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Type, Material, End Use Industry, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	ADMET, Inc., AMETEK, Inc., Applied Test Systems, Bureau Veritas, DNV, Hegewald & Peschke, Illinois Tool Works Inc., Mitutoyo America Corporation, MTS Systems, Shimadzu Corporation, Smithers, Tinius Olsen, Wirsam Scientific, Zwick Roell, etc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Material Testing Market to Reach USD 9.2 Billion by 2033, Spurred by Expanding Construction Industry

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