Epoxy Tooling Board Market: Trends, Forecast and Competitive Analysis
Epoxy Tooling Board Market Trends and Forecast
The future of the epoxy tooling board market looks promising with opportunities in the transportation, marine, wind energy, and aerospace applications. The global epoxy tooling board market is expected to reach an estimated $109.0 million by 2027 with a CAGR of 8.1% from 2021 to 2027. The major growth driver is increasing demand of epoxy tooling boards for prototypes of formula one car and aircraft.
Emerging Trends in the Epoxy Tooling Board Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes development of tooling boards that can resist higher temperature, strategic alliances between companies to develop prototypes, and development of custom-sized tooling boards.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the epoxy tooling board market report, please download the report brochure.
Epoxy Tooling Board Market by Segment
The study includes trends and forecast for the global epoxy tooling board market by application, density, and region as follows:
Epoxy Tooling Board Market by Application [Value ($M) shipment analysis for 2016 – 2027]:
- Transportation
- Marine
- Wind Energy
- Aerospace
- Others
Epoxy Tooling Board Market by Density [Value ($M) shipment analysis for 2016 – 2027]:
- 600-800 kg/m3
- 800-1000 kg/m3
- Above 1000 kg/m3
Epoxy Tooling Board Market by Region [Value ($M) shipment analysis for 2016 – 2027]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Epoxy Tooling Board Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies epoxy tooling board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the epoxy tooling board companies profiled in this report includes.
- Trelleborg AB
- RAMPF Tooling Solutions GmBH & Co. KG
- Huntsman Corporation
- Sika-Axson
- Guangzhou LiHong Mould Material Co., Ltd
- BCC Products Inc.
- Base Group
Epoxy Tooling Board Market Insight
- Lucintel forecasts that transportation will remain the largest application segment due to the excellent dimensional stability, low coefficient of thermal expansion, chemical inertness, and suitability to use at temperatures up to 130°C are the properties. Aerospace is expected to witness the highest growth over the forecast period.
- 600-800 kg/m3 density will remain the largest segment by density due to its increasing use in transportation and aerospace industry. 800-1000 kg/m3 is expected to witness the highest growth over the forecast period.
- Europe is expected to remain the largest region due to the higher production of formula one car. ROW is expected to witness the highest growth over the forecast period.
Features of Epoxy Tooling Board Market
- Market Size Estimates: Epoxy tooling board market size estimation in terms of value ($M)
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by application, density, and region.
- Regional Analysis: Epoxy tooling board market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different application, density, and regions for the epoxy tooling board market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the epoxy tooling board market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the epoxy tooling board market size?
Answer: The global epoxy tooling board market is expected to reach an estimated $109.0 billion by 2027.
Q2. What is the growth forecast for epoxy tooling board market?
Answer: The epoxy tooling board market is expected to grow at a CAGR of 8.1% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the epoxy tooling board market?
Answer: The major growth driver is increasing demand of epoxy tooling boards for prototypes of formula one car and aircrafts.
Q4. What are the major applications or end use industries for epoxy tooling board?
Answer: Transportation and aerospace are the major applications for epoxy tooling board.
Q5. What are the emerging trends in epoxy tooling board market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes development of tooling boards that can resist higher temperature, strategic alliances between companies to develop prototypes, and development of custom-sized tooling boards.
Q6. Who are the key epoxy tooling board companies?
Answer: Some of the key epoxy tooling board companies are as follows:
- Trelleborg AB
- RAMPF Tooling Solutions GmBH & Co. KG
- Huntsman Corporation
- Sika-Axson
- Guangzhou LiHong Mould Material Co., Ltd
- BCC Products Inc.
- Base Group
Q7.Which epoxy tooling board density segment will be the largest in future?
Answer: Lucintel forecasts that 600-800 kg/m3 density will remain the largest segment due to its increasing use in transportation and aerospace industry. 800-1000 kg/m3 is expected to witness the highest growth over the forecast period.
Q8: In epoxy tooling board market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and ROW witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global epoxy tooling board market by application (transportation, marine, wind energy, aerospace, and others), density (600-800 kg/m3, 800-1000 kg/m3, and above 1000 kg/m3), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
Please note: it takes 3-14 days time for reports to be delivered after receiving the order confirmation.