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.
This report contains market size and forecasts of Tooling Composite in global, including the following market information:
Global Tooling Composite Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tooling Composite Market Sales, 2017-2022, 2023-2028, (K Sqm)
Global top five Tooling Composite companies in 2021 (%)
The global Tooling Composite market was valued at 488.8 million in 2021 and is projected to reach US$ 565.5 million by 2028, at a CAGR of 2.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Epoxy Resin Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tooling Composite include Cytec, Hexcel, TenCate, Sika AG, Airtech International, Gurit, Teijin, PRF Composite Materials and SGL Group. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tooling Composite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tooling Composite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Tooling Composite Market Segment Percentages, by Type, 2021 (%)
Epoxy Resin
BMI
Others
Global Tooling Composite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Tooling Composite Market Segment Percentages, by Application, 2021 (%)
Transportation
Marine
Wind Energy
Aerospace
Other
Global Tooling Composite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)
Global Tooling Composite Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tooling Composite revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tooling Composite revenues share in global market, 2021 (%)
Key companies Tooling Composite sales in global market, 2017-2022 (Estimated), (K Sqm)
Key companies Tooling Composite sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cytec
Hexcel
TenCate
Sika AG
Airtech International
Gurit
Teijin
PRF Composite Materials
SGL Group