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.
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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.
The global Tooling Composites market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Tooling Composites volume and value at global level, regional level and company level. From a global perspective, this report represents overall Tooling Composites market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Tooling Composites Market report are Airtech Advanced Materials Group, Hexcel, Solvay, Teijin and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Tooling Composites Market Overview
2 Global Tooling Composites Market Competition by Manufacturers
3 Global Tooling Composites Production Market Share by Regions
4 Global Tooling Composites Consumption by Regions
5 Global Tooling Composites Production, Revenue, Price Trend by Type
6 Global Tooling Composites Market Analysis by Applications
7 Company Profiles and Key Figures in Tooling Composites Business
8 Tooling Composites Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Tooling Composites Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source