Tooling Board Market Size, Growth - Reuters


Tooling Board Market Size, Growth

Tooling Board Market Size, Growth & Trend Analysis 2019-2025

Wed Jun 12, 2019 - 08:30am UTC

Europe tooling board market size, driven by France, UK and Germany may register significant growth by 2024. Automotive giants such as Mercedes BMW, and Audi and aircraft manufacturer Airbus are based in Europe, which should positively impact regional product demand.

Delaware, United State – June 12, 2019

Tooling Board Market size may register significant gains over the forecast period owing to positive application scope in transportation, wind energy and marine industries. They are useful for creating prototypes, patterns, models, durable and reusable tools, which are used in automotive and motor sport sectors.

Strong application outlook in modelling and prototyping in automotive industries along with superior properties such as low density and high dimensional stability will stimulate PU tooling board market size. Global polyurethane market size was valued at over USD 45 billion in 2016 and may surpass USD 90 billion by 2024, registering over 5.5% growth. They are lightweight and can be glued together for bigger size models.

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Epoxy is widely used in prototyping applications and are designed to offer dimensionally stable board for tooling jigs, prepreg lay-up tools, and building precise models and patterns. Increased product usage for small scale development in public and private sectors along with rise in demand for prototypes of aircraft and formula one cars may drive tooling board market size.

Global epoxy market may exceed USD 12 billion by 2024, with gains at over 6%. Positive indicators towards automotive, motor sport and aerospace sectors will stimulate epoxy tooling board market size. High dimensional stability, superior surface finish and ability to withstand temperature variations will boost product demand.

The Tooling Board Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Tooling Board Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Tooling Board Product Insights
5. Tooling Board Application Insights
6. Tooling Board Regional Insights
7. Competitor Profiles

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Development of technologically advanced vehicles with higher fuel efficiency, light weight, high performance in wind tunnel testing and perfect streamlining along with growth in R&D spending and increase in car sales owing to rise in consumer disposable income will positively influence industry growth.

Increasing application outlook in aerospace sector should drive tooling board market demand. Global aerospace materials market is likely to surpass USD 30 billion by 2024. Increase in passenger transportation along with growing demand for dimensionally stable, heat resistant and affordable aircraft tools over its counterparts will stimulate tooling boards market size. The product is widely used for prototype production, machining, pattern making, prepreg composite layup tools, vacuum forming and high-temperature curing prepreg applications in the aerospace industry.

Reasons to Buy This Report:
1. Tooling Board Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Tooling Board Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

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Global tooling board market share is moderately consolidated with key manufacturers include Axson Technologies, Sika AG, Huntsman, General Plastic Manufacturing, Curbell Plastics, Trelleborg AG, Coastal Enterprises, Alro Steel, Alchemie Ltd, Base Group, OBO-Werke GmbH and RAMPF Holding GmbH.

Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights

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