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. The increasing penetration of tooling composites in aerospace and other niche applications is the driving force of the global tooling composites market.
The major players in global Tooling Composite market include Cytec, Hexcel, TenCate, etc. The top 3 players occupy about 50% shares of the global market. Europe and North America are main markets, they occupy about 75% of the global market. Epoxy Resin is the main type, with a share about 65%. Aerospace is the main application, which holds a share about 40%.
Market Analysis and Insights: Global Tooling Composite Market
In 2020, the global Tooling Composite market size, Manufacturers, Supply Chain was US$ 467 million and it is expected to reach US$ 541.3 million by the end of 2027, with a CAGR of 2.2% during 2021-2027.
Global Tooling Composite Scope and Market Size;
- Tooling Composite market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Tooling Composite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Tooling Composite market is segmented into:
- Epoxy Resin
Segment by Application, the Tooling Composite market is segmented into:
- Wind Energy
Regional and Country-level Analysis:
- North America
- United States
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- Nordic Countries
- Rest of Europe
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
Competitive Landscape and Tooling Composite Market Share Analysis:
- Tooling Composite market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Tooling Composite product introduction, recent developments, Tooling Composite sales by region, type, application and by sales channel.
The major companies include:
- Sika AG
- Airtech International
- PRF Composite Materials
- SGL Group
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
Table of content
1 Study Coverage
1.1 Tooling Composite Product Introduction
1.2 Market by Type
1.2.1 Global Tooling Composite Market Size Growth Rate by Type
1.2.2 Epoxy Resin
1.3 Market by Application
1.3.1 Global Tooling Composite Market Size Growth Rate by Application
1.3.4 Wind Energy
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Tooling Composite Market Size Estimates and Forecasts
2.1.1 Global Tooling Composite Revenue 2016-2027
2.1.2 Global Tooling Composite Sales 2016-2027
2.2 Tooling Composite Market Size by Region: 2021 Versus 2027
2.3 Tooling Composite Sales by Region (2016-2027)
2.3.1 Global Tooling Composite Sales by Region: 2016-2021
2.3.2 Global Tooling Composite Sales Forecast by Region (2022-2027)
2.3.3 Global Tooling Composite Sales Market Share by Region (2016-2027)
2.4 Tooling Composite Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Tooling Composite Revenue by Region: 2016-2021
2.4.2 Global Tooling Composite Revenue Forecast by Region (2022-2027)
2.4.3 Global Tooling Composite Revenue Market Share by Region (2016-2027)
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