The composite tools are made either from glass fiber or carbon fiber mixed with a suitable matrix (resin) such as epoxy, BMI, and others. The composite tools provide lightweight, dimensionally accurate, and affordable tooling.
Carbon fibers has the highest share in the composite tooling market due to their lightweight and high strength. These properties make them a suitable tooling material for various applications in the aerospace & defense industry.
There is a mass usage of composites in the aerospace industry, with 50% of composites being used in construction of some commercial aircrafts. The use of composites has continuously increased in the composite tooling due to their lightweight, dimensionally stability, and high strength. Due to the increasing use of composites in the aerospace industry, the demand for superior composite tooling is all set to rise. Composite tooling helps in having tool design freedom and high flexibility.
The Americas accounted for the highest revenue share during 2017. The increasing demand for the use of composites in the aerospace, automotive, wind energy, military, and marine industries in the region led to the growth of the tooling composites market. The vendors in the market are expanding their business through strategic alliances and new product offerings with OEMs of automotive and aircraft manufacturers.
In 2019, the market size of Tooling Composites is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Tooling Composites.
This report studies the global market size of Tooling Composites, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Tooling Composites production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Airtech Advanced Materials Group
Hexcel
Solvay
TEIJIN
...
Market Segment by Product Type
Polyester
Glass Fiber
Vinyl Esters
Epoxies
Market Segment by Application
Aerospace
Automotive
Construction
Wind Energy
Military and Marine
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Tooling Composites status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Tooling Composites manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Tooling Composites are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Tooling Composites . Industry analysis & Market Report on Tooling Composites is a syndicated market report, published as Global (United States, European Union and China) Tooling Composites Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Tooling Composites market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.