Adhesives & Sealants Headlines

Nondestructive Testing Market to Fluctuate

The U.S. market for nondestructive testing equipment was valued at over $2.4 billion in 2010. That value is projected to rise and fall over the next five years, settling at just under $2.4 billion in 2015, yielding a five-year compound annual growth rate (CAGR) of -0.9%, according to “Nondestructive Testing,” a new report from BCC Research.

If transportation security equipment is taken out of the equation, the remaining total market for nondestructive testing (NDT) equipment was worth $1.4 billion in 2010. In 2015, that value is expected to reach $1.8 billion, growing at a CAGR of 5.4%.

Nondestructive testing is performed to evaluate the internal and/or external condition of materials, components, and/or structures. It allows an assessment of an item or items for desired characteristics or qualities without damaging or interfering with their continued usefulness. NDT has continued to play a leading role in a number of key industries. New industries that only recently have begun to use NDT techniques are becoming significant consumers of this technology. The potential market for nondestructive testing equipment continues to expand, with emphasis on product quality, lean manufacturing, just-in-time inventory practices, advances in nanomaterials and related manufacturing, and testing.

Research and development in materials science, computers, electronics, automation and related fields continue to reshape the nondestructive testing industry. The drive to integrate several nondestructive testing methods will continue. The remaining companies in the NDT industry have enhanced their market positions through mergers and acquisitions.

For more information, visit

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI June 2015 cover

2015 June

Welcome to our annual Dispensing & Curing Equipment Directory!
Table Of Contents Subscribe

"Cultural Fit"

A recent opinion piece in the New York Times observed that new employees are often hired based on the personal similarities they share with their interviewers. How important is “cultural fit” when hiring someone?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.