Composite Tooling Market Overview, Industry Top Manufactures, Market Size, Growth Analysis

Adroit Market Research

Composite Tooling Market

by Resin Type (Epoxy, BMI, Others), Fiber Type (Glass Fiber, Carbon Fiber), End User (Aerospace, Wind, Automotive, Others) and by Region, Global Forecast, 2018 to 2028 Single Use License: US$ +1 (214) 884-6068

sales@adroitmarketresearch.com

4400

www.adroitmarketresearch.com

Request Sample

Adroit Market Research

Composite ToolingMarket Size and Share 2028 • The rapid industrialization in developing economies followed by increasing composite materials demand is expected to provide potential opportunities for the composite tooling industry.

• The global composite tooling market size was valued at >USD 450 million in 2019. In addition, it is projected to gather a CAGR of above 7.5% over the forecast years 2020-2028. The composite tooling market is rising at a significant pace due to driving factors such as increased demand for lightweight parts across industries such as transportation, mining, automotive , aerospace and wind power generators.it are likely to boost demand for the composite tooling market in the years to come. Carbon fibre-composite tools render complex composite shapes simpler to build. Competition due to invar and other materials may generate some market hindrance, for the most part. The introduction of 3D printed tools would however provide the composite tooling industry with opportunities.

• The global composite tooling market report summaries the various characteristics of the global composite tooling industry by assessing the market from porter’s five forces analysis, PESTEL analysis, and value chain analysis. Moreover, the composite tooling market report comprises various qualitative parts such as market restraints, important market drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global companies.

+1 (214) 884-6068

sales@adroitmarketresearch.com

www.adroitmarketresearch.com

Adroit Market Research

Composite ToolingMarket Size and Share 2028 • The composite tooling market has high competition amongst the already well-known and new composite tooling manufacturers. Also, the composite tooling manufacturers are chasing possible markets to grab a competitive edge among the other players operating in this industry by forming new product development, technological upgradation, investment in research & development, mergers & acquisitions, partnerships, and facility expansion strategies.

• North America dominated composite tooling market in 2019. Presence of well-established automotive and aerospace manufacturers followed by increasing composite materials production over the past few years is expected to open new opportunities for composite tooling industry in this region. Asia Pacific region is expected to be the fastest growing region in this industry by virtue of rapid industrialization followed by increasing wind industry in China, Japan, India, and Southeast Asia.

• The global composite tooling industry is competitive in nature as large number of well-established manufacturers are operating in this industry. Some key players engaged in this industry are Gurit Holding AG, Royal Tencate N.V., Hexcel Corporation, Airtech Advanced Materials Group, Solvay S.A. (Cytec Industries, Inc.), Janicki Industries, Inc., Formaplex, Hydrojet, Inc., Machinists, Inc., and AIP Aerospace, LLC. Manufacturers operating in this industry are adopting mergers & acquisitions, new product development, research & development, and facility expansion strategies in order to strengthen their geographical presence and market concentration.

+1 (214) 884-6068

sales@adroitmarketresearch.com

www.adroitmarketresearch.com

Adroit Market Research

Composite ToolingMarket Size and Share 2028 • Key Segments of the Global Composite Tooling Market • Resin Type Overview, 2018-2028 (USD Million) (Tons) • Epoxy • BMI • Others • Fiber Type Overview, 2018-2028 (USD Million) (Tons)

• Glass Fiber • Carbon Fiber • End User Overview, 2018-2028 (USD Million) (Tons) • Aerospace • Wind • Automotive • Others +1 (214) 884-6068

sales@adroitmarketresearch.com

www.adroitmarketresearch.com

Adroit Market Research

About Us

Contact Us

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068

sales@adroitmarketresearch.com

Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com

www.adroitmarketresearch.com