
The global market for Material Property Testing was valued at US$ 3542 million in the year 2024 and is projected to reach a revised size of US$ 4505 million by 2031, growing at a CAGR of 3.4% during the forecast period.
Material Property Testing is the process of evaluating a material's physical, mechanical, thermal, electrical, and chemical properties to determine its performance, durability, and compliance with industry standards. It includes tests such as tensile strength, hardness, thermal stability, corrosion resistance, and electrical conductivity, ensuring materials meet quality and safety requirements. Used across industries like aerospace, automotive, construction, and healthcare, this testing helps in selecting suitable materials, improving product reliability, and adhering to regulatory standards.
North American market for Material Property Testing is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Material Property Testing is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Material Property Testing in Aerospace & Defense is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Material Property Testing include SGS North America, Terracon Consultants, RMA Companies, ECS Limited, NOVA Engineering, F2 Labs, Acuren Group, Bureau Veritas, Intertek Group, UL Solutions, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Material Property Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Material Property Testing.
The Material Property Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Material Property Testing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Material Property Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SGS North America
Terracon Consultants
RMA Companies
ECS Limited
NOVA Engineering
F2 Labs
Acuren Group
Bureau Veritas
Intertek Group
UL Solutions
ASTM International
CTLGroup
Element Materials Technology
Exova Group
Applus+ Laboratories
TÜV SÜD America
Mistras Group
ALS Limited
Segment by Type
Mechanical Testing
Chemical Testing
Thermal Testing
Electrical Testing
Non-Destructive Testing
Segment by Application
Aerospace & Defense
Automotive & Transportation
Construction & Infrastructure
Energy & Power
Electronics & Semiconductors
Medical & Healthcare
Consumer Goods & Packaging
Chemicals & Materials
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Material Property Testing company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Material Property Testing Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Mechanical Testing
1.2.3 Chemical Testing
1.2.4 Thermal Testing
1.2.5 Electrical Testing
1.2.6 Non-Destructive Testing
1.3 Market by Application
1.3.1 Global Material Property Testing Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Aerospace & Defense
1.3.3 Automotive & Transportation
1.3.4 Construction & Infrastructure
1.3.5 Energy & Power
1.3.6 Electronics & Semiconductors
1.3.7 Medical & Healthcare
1.3.8 Consumer Goods & Packaging
1.3.9 Chemicals & Materials
1.3.10 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Material Property Testing Market Perspective (2020-2031)
2.2 Global Material Property Testing Growth Trends by Region
2.2.1 Global Material Property Testing Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Material Property Testing Historic Market Size by Region (2020-2025)
2.2.3 Material Property Testing Forecasted Market Size by Region (2026-2031)
2.3 Material Property Testing Market Dynamics
2.3.1 Material Property Testing Industry Trends
2.3.2 Material Property Testing Market Drivers
2.3.3 Material Property Testing Market Challenges
2.3.4 Material Property Testing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Material Property Testing Players by Revenue
3.1.1 Global Top Material Property Testing Players by Revenue (2020-2025)
3.1.2 Global Material Property Testing Revenue Market Share by Players (2020-2025)
3.2 Global Top Material Property Testing Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Material Property Testing Revenue
3.4 Global Material Property Testing Market Concentration Ratio
3.4.1 Global Material Property Testing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Material Property Testing Revenue in 2024
3.5 Global Key Players of Material Property Testing Head office and Area Served
3.6 Global Key Players of Material Property Testing, Product and Application
3.7 Global Key Players of Material Property Testing, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Material Property Testing Breakdown Data by Type
4.1 Global Material Property Testing Historic Market Size by Type (2020-2025)
4.2 Global Material Property Testing Forecasted Market Size by Type (2026-2031)
5 Material Property Testing Breakdown Data by Application
5.1 Global Material Property Testing Historic Market Size by Application (2020-2025)
5.2 Global Material Property Testing Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Material Property Testing Market Size (2020-2031)
6.2 North America Material Property Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Material Property Testing Market Size by Country (2020-2025)
6.4 North America Material Property Testing Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Material Property Testing Market Size (2020-2031)
7.2 Europe Material Property Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Material Property Testing Market Size by Country (2020-2025)
7.4 Europe Material Property Testing Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Material Property Testing Market Size (2020-2031)
8.2 Asia-Pacific Material Property Testing Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Material Property Testing Market Size by Region (2020-2025)
8.4 Asia-Pacific Material Property Testing Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Material Property Testing Market Size (2020-2031)
9.2 Latin America Material Property Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Material Property Testing Market Size by Country (2020-2025)
9.4 Latin America Material Property Testing Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Material Property Testing Market Size (2020-2031)
10.2 Middle East & Africa Material Property Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Material Property Testing Market Size by Country (2020-2025)
10.4 Middle East & Africa Material Property Testing Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SGS North America
11.1.1 SGS North America Company Details
11.1.2 SGS North America Business Overview
11.1.3 SGS North America Material Property Testing Introduction
11.1.4 SGS North America Revenue in Material Property Testing Business (2020-2025)
11.1.5 SGS North America Recent Development
11.2 Terracon Consultants
11.2.1 Terracon Consultants Company Details
11.2.2 Terracon Consultants Business Overview
11.2.3 Terracon Consultants Material Property Testing Introduction
11.2.4 Terracon Consultants Revenue in Material Property Testing Business (2020-2025)
11.2.5 Terracon Consultants Recent Development
11.3 RMA Companies
11.3.1 RMA Companies Company Details
11.3.2 RMA Companies Business Overview
11.3.3 RMA Companies Material Property Testing Introduction
11.3.4 RMA Companies Revenue in Material Property Testing Business (2020-2025)
11.3.5 RMA Companies Recent Development
11.4 ECS Limited
11.4.1 ECS Limited Company Details
11.4.2 ECS Limited Business Overview
11.4.3 ECS Limited Material Property Testing Introduction
11.4.4 ECS Limited Revenue in Material Property Testing Business (2020-2025)
11.4.5 ECS Limited Recent Development
11.5 NOVA Engineering
11.5.1 NOVA Engineering Company Details
11.5.2 NOVA Engineering Business Overview
11.5.3 NOVA Engineering Material Property Testing Introduction
11.5.4 NOVA Engineering Revenue in Material Property Testing Business (2020-2025)
11.5.5 NOVA Engineering Recent Development
11.6 F2 Labs
11.6.1 F2 Labs Company Details
11.6.2 F2 Labs Business Overview
11.6.3 F2 Labs Material Property Testing Introduction
11.6.4 F2 Labs Revenue in Material Property Testing Business (2020-2025)
11.6.5 F2 Labs Recent Development
11.7 Acuren Group
11.7.1 Acuren Group Company Details
11.7.2 Acuren Group Business Overview
11.7.3 Acuren Group Material Property Testing Introduction
11.7.4 Acuren Group Revenue in Material Property Testing Business (2020-2025)
11.7.5 Acuren Group Recent Development
11.8 Bureau Veritas
11.8.1 Bureau Veritas Company Details
11.8.2 Bureau Veritas Business Overview
11.8.3 Bureau Veritas Material Property Testing Introduction
11.8.4 Bureau Veritas Revenue in Material Property Testing Business (2020-2025)
11.8.5 Bureau Veritas Recent Development
11.9 Intertek Group
11.9.1 Intertek Group Company Details
11.9.2 Intertek Group Business Overview
11.9.3 Intertek Group Material Property Testing Introduction
11.9.4 Intertek Group Revenue in Material Property Testing Business (2020-2025)
11.9.5 Intertek Group Recent Development
11.10 UL Solutions
11.10.1 UL Solutions Company Details
11.10.2 UL Solutions Business Overview
11.10.3 UL Solutions Material Property Testing Introduction
11.10.4 UL Solutions Revenue in Material Property Testing Business (2020-2025)
11.10.5 UL Solutions Recent Development
11.11 ASTM International
11.11.1 ASTM International Company Details
11.11.2 ASTM International Business Overview
11.11.3 ASTM International Material Property Testing Introduction
11.11.4 ASTM International Revenue in Material Property Testing Business (2020-2025)
11.11.5 ASTM International Recent Development
11.12 CTLGroup
11.12.1 CTLGroup Company Details
11.12.2 CTLGroup Business Overview
11.12.3 CTLGroup Material Property Testing Introduction
11.12.4 CTLGroup Revenue in Material Property Testing Business (2020-2025)
11.12.5 CTLGroup Recent Development
11.13 Element Materials Technology
11.13.1 Element Materials Technology Company Details
11.13.2 Element Materials Technology Business Overview
11.13.3 Element Materials Technology Material Property Testing Introduction
11.13.4 Element Materials Technology Revenue in Material Property Testing Business (2020-2025)
11.13.5 Element Materials Technology Recent Development
11.14 Exova Group
11.14.1 Exova Group Company Details
11.14.2 Exova Group Business Overview
11.14.3 Exova Group Material Property Testing Introduction
11.14.4 Exova Group Revenue in Material Property Testing Business (2020-2025)
11.14.5 Exova Group Recent Development
11.15 Applus+ Laboratories
11.15.1 Applus+ Laboratories Company Details
11.15.2 Applus+ Laboratories Business Overview
11.15.3 Applus+ Laboratories Material Property Testing Introduction
11.15.4 Applus+ Laboratories Revenue in Material Property Testing Business (2020-2025)
11.15.5 Applus+ Laboratories Recent Development
11.16 TÜV SÜD America
11.16.1 TÜV SÜD America Company Details
11.16.2 TÜV SÜD America Business Overview
11.16.3 TÜV SÜD America Material Property Testing Introduction
11.16.4 TÜV SÜD America Revenue in Material Property Testing Business (2020-2025)
11.16.5 TÜV SÜD America Recent Development
11.17 Mistras Group
11.17.1 Mistras Group Company Details
11.17.2 Mistras Group Business Overview
11.17.3 Mistras Group Material Property Testing Introduction
11.17.4 Mistras Group Revenue in Material Property Testing Business (2020-2025)
11.17.5 Mistras Group Recent Development
11.18 ALS Limited
11.18.1 ALS Limited Company Details
11.18.2 ALS Limited Business Overview
11.18.3 ALS Limited Material Property Testing Introduction
11.18.4 ALS Limited Revenue in Material Property Testing Business (2020-2025)
11.18.5 ALS Limited Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
SGS North America
Terracon Consultants
RMA Companies
ECS Limited
NOVA Engineering
F2 Labs
Acuren Group
Bureau Veritas
Intertek Group
UL Solutions
ASTM International
CTLGroup
Element Materials Technology
Exova Group
Applus+ Laboratories
TÜV SÜD America
Mistras Group
ALS Limited
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*If Applicable.
