
References
Our own articles on how testing, inspection and certification works, plus useful outside sources on TIC funds, the industry and the market.
Articles and references
- Industry primer
What TIC is, and why it quietly underpins modern trade
Testing, inspection and certification rarely make headlines, yet almost nothing crosses a border, opens to the public or reaches a shelf without it.
Published: 2025
- Industry structure
Why the TIC industry consolidates — and why the pattern repeats
The global TIC market is worth roughly USD 260 billion. The Latin American share is around USD 26–29 billion. Both are structurally fragmented.
Published: 2025
- Operations
Accreditation as a barrier to entry
Accreditation is not just a certificate. It is an accumulated operating discipline that takes years to build and is easy to lose.
Published: 2025
- Latin America
What is driving assurance demand in Latin America
Export orientation, infrastructure investment, tightening standards and supply-chain scrutiny are increasing the volume and complexity of TIC work across the region.
Published: 2025
References
External links are provided for context. Avalix is not affiliated with the publishers listed and does not endorse their conclusions.
TIC Funds
Phenna Group
A TIC platform built by acquiring specialist testing and certification businesses in the UK and Europe.
Oakley Capital · Read the source
Celnor Group
A group of independent testing, inspection and compliance companies brought together under one platform.
Investcorp · Read the source
Normec Group
A European TIC group grown through acquisitions in food, environment, safety and healthcare testing.
Astorg · Read the source
Kiwa
A global testing, inspection and certification group built over decades of acquisitions.
SHV · Read the source
About TIC Industry
The TIC industry explained
A plain overview of what TIC companies do, who the main players are and why the sector consolidates.
Aventis Advisors · Read the source
Quality infrastructure and trade
How accreditation, metrology and conformity assessment help exporting economies reach global markets.
UNIDO · Read the source
International Accreditation Forum
How certificates issued in one country are accepted in another through mutual recognition.
IAF · Read the source
Laboratory accreditation (ISO/IEC 17025)
The global framework behind accredited laboratory testing.
ILAC · Read the source
Codex Alimentarius food standards
International food standards that drive testing and certification in export markets.
FAO / WHO · Read the source
TIC Market
SGS investor information
Results and market commentary from the largest listed TIC company, useful for sector growth and margins.
SGS · Read the source
Bureau Veritas investor information
Market outlook and segment data across commodities, industry, buildings and certification.
Bureau Veritas · Read the source
Latin America and the Caribbean: trade
Regional trade flows, nearshoring and the regulatory environment for export sectors.
Inter-American Development Bank · Read the source
Foreign direct investment in Latin America
Annual investment flows into infrastructure, mining, energy and agribusiness.
ECLAC (CEPAL) · Read the source