NEW YORK, Nov. 22, 2016 /PRNewswire/ -- "Composites testing market projected to grow at a CAGR of 6.95%"The global composites testing market is projected to reach USD 3.06 billion by 2026, at a CAGR of 6.95% from 2016 to 2026. The major drivers stimulating the growth of the global composites testing market are, the increasing demand for light weight, fuel efficient and high performance materials from commercial airline companies, increased penetration of composites in advanced aircraft as well as low cost carriers and the high worldwide growth in the number of new generation aircraft deliveries. However, issues related to recyclability and the lack of standardization in manufacturing technologies, are restraining the growth of the composites testing market. "Aerospace & defense applications accounted for the largest market share in the composites testing market in 2015, by value." The use of composites is most widespread in aerospace & defense and hence there is a need to evaluate its performance its structural applications in aerospace. Aerospace designers are incorporating composite materials to make their vehicles lighter, faster, and more fuel efficient. The leading commercial aircraft manufacturers, Boeing and Airbus, have developed aircraft such as Boeing 787 and Airbus A350 which constitute more than 50% composites in their airframe structures. In addition, the aviation giants, as well as aerospace organizations such as SpaceX and National Aeronautics and Space Administration (NASA), are using composites due to their high stiffness-to-weight ratio and resistance to fatigue and corrosion. These composite materials used in aerospace applications face harsh conditions and hence must be thoroughly tested to ensure safety and reliability. As composite materials are anisotropic and inhomogeneous, complete characterization of their properties must be conducted to ensure their safety and performance in aerospace structures.