Test of time: Greater standardisation in global product safety will constrain demand

The Materials Testing Services industry tests a range of items or substances used to construct, produce, manufacture and wholesale many outputs, such as machinery, equipment, property, infrastructure, textiles and final goods. These items include metals, polymers, concrete, asphalt, ores, metals and chemicals, and consumer products. For example, soils can be tested for particle size and compaction for the construction sector, and bricks and concrete might be tested for durability and consistency. As Australia has an established and sophisticated regulatory system, the industry's testing services are an essential requirement for many suppliers of goods, property and infrastructure...read more.

Industry Statistics & Market Size
Revenue
$664m
Annual Growth 14-19
1.4%
Forecast Growth 19-24
Profit
Employment
3,681
Businesses
548
Market Share of Companies

Industry Threats & Opportunities

  • Australia's regulatory environment contributes to demand for the industry's services
  • While larger players have lost market share, some mid-size firms have grown at a solid pace
  • Consolidation and price competition are expected to cause profit margins to decrease
  • Industry Report - Industry Products Chapter

    Materials testing services can be broken down several ways, such as by testing method or service type. The main testing methods include mechanical, physical, chemical and non-destructive testing. These methods are used to determine characteristics, integrity, defects or areas for improvement in a range of materials. The specific types of materials and products tested in the industry can be grouped into five categories: construction and mining materials, consumer goods, intermediate input materials, equipment, and other materials and products...purchase to read more.

    Additional Insights for the Materials Testing Services Industry

    IBISWorld has determined the most important Key Success Factors for the Materials Testing Services are:

  • Effective cost controls
  • Recommendation/accreditation from authoritative source
  • Qualified work force
  • IBISWorld analysts also discuss how external factors such as Demand from manufacturing and Demand from heavy and civil engineering construction in the Materials Testing Services industry impact industry performance..

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    What's in this report

    What is the Materials Testing Services Industry?

    Industry firms test materials for a variety of applications and downstream industries. Materials testing includes analysing metals, composites, ceramics, polymers, textiles, concrete and geomaterials.

    Industry Products
  • Consumer goods testing
  • Construction and mining materials testing
  • Intermediate input materials testing
  • Equipment testing
  • Consulting and training services
  • Industry Activities
  • Construction materials testing
  • Consumer product testing
  • Polymer products testing
  • Metals and chemical testing
  • Electronic component testing
  • Equipment testing
  • Other materials testing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from manufacturing
  • Demand from heavy and civil engineering construction
  • Demand from machinery and equipment wholesaling
  • Demand from mining
  • Demand from motor vehicle and motor vehicle parts wholesaling

  • Current Performance
  • Revenue and profit growth
  • Mixed company expansion
  • Demand from construction and mining
  • Safety standards
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profit growth
  • Demand from construction
  • Demand from mining and other sectors
  • Safety standards and consolidation
  • Table: Materials Testing Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Materials Testing Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Manufacturing
  • Construction
  • Wholesale Trade

  • Key Selling Industries
  • Computer and Computer Peripheral Wholesaling
  • Industrial and Agricultural Chemical Product Wholesaling
  • Measurement and Other Scientific Equipment Manufacturing

  • Products & Services
  • Intermediate input materials testing
  • Construction and mining materials testing
  • Consumer goods testing
  • Equipment testing
  • Consulting and training services
  • Chart: Materials Testing Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Mining and construction firms
  • Wholesaling firms
  • Manufacturing firms
  • Governments and utilities firms
  • Other firms
  • Chart: Major Market Segmentation for the Materials Testing Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Materials Testing Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Materials Testing Services Industry

  • Industry Globalization
    ALS Limited, SGS Australia Holdings Pty Ltd,
  • Table: ALS Limited - financial performance
  • Table: SGS Australia Holdings Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Materials Testing Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Materials Testing Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Accc
  • The Australian Competition and Consumer Commission is the regulatory body responsible for the enforcement of Australian consumer law.
  • National Association Of Testing Authorities (Nata)
  • A regulatory body in Australia that is responsible for the accreditation of testing bodies in Australia.
  • Polymers
  • Materials that are made up of a structurally strong chemical compound
  • What Our Customers Say

    Why buy this report?

    The Materials Testing Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Materials Testing Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Materials Testing Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Materials Testing Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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