Global industrial X-ray film market is expected to increase to 15057 K Sq. m. by 2023

Global industrial X-ray film market is expected to increase to 15057 K Sq. m. by 2023 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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Industrial X-ray film is used in nondestructive testing (NDT). DNT means the X-ray bean inspects the integrity of industrial products or processes without damaging the items under observation.

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The global industrial X-ray film market was 14970 K Sq. m. in 2016 and is expected to increase to 15057 K Sq. m. by 2023. Overall, the industrial Xray film market performance is positive with the global economic recovery.

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QYResearch The technical barrier of industrial X-ray film is high, and dominated by certain companies, such as Agfa-Gevaert, FUJIFILM, Carestream Health and son on. Production of industrial X-ray film mainly distributes in Europe, USA and Japan.

As for consumption, the largest consumption volume comes from the AsiaPacific region. In 2016, the region consumed about 33.91% industrial X-ray film globally. China plays a key role in the regions. The follower consumer is North America, with 4711 K Sq. m. being consumed in the same year.

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Recent years, supported by various countries’ policies and economy development, the demand in downstream increases rapidly, stimulating the industrial X-ray film industry correspondingly. The increased consumption of industrial X-ray film is expected to continue during the remaining years of the forecast period of 2018-2023. It is estimated that global market of industrial X-ray film will be worthy of 278.47 million USD in 2023, with the CAGR of 3.57% during the period.

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