Tooling Board Market growth outlook with industry review and forecasts 2017-2024 - PowerPoint PPT Presentation

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Tooling Board Market growth outlook with industry review and forecasts 2017-2024

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An outlook Tooling Board Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

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Title: Tooling Board Market growth outlook with industry review and forecasts 2017-2024


1
Tooling Board Market Is Predicted To Witness A
Massive Growth From 2017 To 2024
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Tooling Board Market
  • 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.
  • Increased product usage in CNC machined molds and
    plugs in composites industry along with shift in
    trend towards usage of low density polyurethane
    owing to moisture barrier properties will trigger
    PU tooling board market growth. CNC machine
    allows manufacturing of highly accurate molds and
    they do not shrink with time, thereby remaining
    dimensionally accurate over the years.
  • 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.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Market Research Reports Key Analytical Components
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
  • Product Analysis-
  • 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.
  • Regional Trends-
  • Asia Pacific, led by China, Japan and India
    tooling board market size may grow significantly
    over the foreseeable timeframe. Growing
    automotive production bases in this region owing
    to easy availability of low-cost labour along
    with rising consumer disposable income and
    burgeoning population will promote advanced
    composites materials demand, thereby propelling
    product demand.
  • 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. Growth
    in industrialization rate accompanied with rising
    government support to encourage domestic
    production will propel industry growth.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
  • Competitive Trends
  • Key raw material, polyurethane and epoxy resins
    are used in tooling board manufacturing process.
    Fluctuating raw material prices owing to wide
    product usage in automobile, construction, paints
    coatings and adhesives industries may hinder
    industry profitability and affect tooling board
    market price trend.
  • 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.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Latest Research Report On Tooling Board Market
_at_ http//bit.ly/2BBV24g Request for table of
contents for this report _at_ https//www.gminsigh
ts.com/request-toc/upcoming/2259 Inquire Before
Buying This Report_at_https//www.gminsights.com/inq
uiry-before-buying/2259
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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