Market Overview:
The global tooling board market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and durable materials across different industries. In terms of type, the polyurethanes segment is expected to lead the global tooling board market during the forecast period, followed by epoxy. The automotive industry is expected to be one of the key application areas for tooling boards in terms of volume during the forecast period.
Product Definition:
Tooling Board is a flat, rigid sheet of material that is used as a base for tooling dies. It is important because it provides a stable surface for the dies to rest on, which helps to ensure accurate die cutting.
Polyurethanes:
Polyurethanes are elastomers, which are extensively used in the manufacturing of plastics and rubber. They have high resistance to abrasion, good insulation properties, and excellent chemical & temperature resistance. Polyurethane products include foams; coatings; adhesives; sealants; elastomeric components including but not limited to hoses & tires; automotive interior parts such as seat covers & liners and instrument panels among others.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon, hydrogen and oxygen along with other impurities. Epoxy resins are used in tooling boards to provide hardness and strength. Tooling boards made from epoxy resin exhibit high mechanical strength and low water absorption than other types of wood such as pine or cedar.
The most commonly used epoxies are E-glass (ethylene-based) and P-glass (propylene-based).
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share of over 30% in 2017. The demand is expected to be driven by the growing use of tooling boards in various components including nose cap, fuselage door, wings, airframe structure and bulkheads on account of their lightweight properties along with superior strength. These products are used to manufacture aircraft interiors as well as exterior parts such as doors, windows and instrument panels.
Automotive applications include engine block, transmission case assembly (case hardening), body side panel set-up (trim molding) and hood/bonnet closure among others. The rising importance of aluminum has resulted in an increased utilization rate for tooling boards that contain aluminum extrusions or bars which act as a substitute for heavy metal parts during car manufacturing process known as CNC machining operations.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for consumer electronics and automobiles in countries such as China, India, Japan, and South Korea. In addition, rising investments in research & development activities by various governments are likely to boost the tooling industry across this region.
The aerospace sector of North America is projected to register a healthy CAGR during the forecast period owing to growing passenger traffic across major airports within this region. Moreover, technological advancements coupled with high R&D spending by manufacturers are also expected favorably impact industry growth over the next eight years.
Europe accounted for more than 25% of global revenue share in 2017 on account of rapid industrialization witnessed within Germany and U.K., which has led automotive companies including BMW Group; Daimler AG; Jaguar Land Rover Limited; Aston Martin Lagonda Ltd.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Growing popularity of electric vehicles that require advanced tooling boards for battery packs, motor controllers, and other electronic components
- Proliferation of 3D printing technology that helps manufacturers produce customized tooling boards according to specific requirements
- Rising demand from small- and medium-sized enterprises (SMEs) due to the lower cost and shorter lead times offered by these companies
- Emergence of new applications such as composites manufacturing, wind energy generation, and medical implants that require specialized tooling boards
Scope Of The Report
Report Attributes
Report Details
Report Title
Tooling Board Market Research Report
By Type
Polyurethanes, Epoxy
By Application
Aerospace & Defense, Automotive, Marine, Wind Energy, Others
By Companies
Curbell Plastics, General Plastics Manufacturing Company, Huntsman, Sika, Trelleborg, Axson Technologies, Alro Steel, Alchemie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Tooling Board Market Report Segments:
The global Tooling Board market is segmented on the basis of:
Types
Polyurethanes, Epoxy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Automotive, Marine, Wind Energy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Curbell Plastics
- General Plastics Manufacturing Company
- Huntsman
- Sika
- Trelleborg
- Axson Technologies
- Alro Steel
- Alchemie
Highlights of The Tooling Board Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethanes
- Epoxy
- By Application:
- Aerospace & Defense
- Automotive
- Marine
- Wind Energy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tooling Board Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tooling board is a type of woodworking surface that is used to hold the tools while you are working.
Some of the key players operating in the tooling board market are Curbell Plastics, General Plastics Manufacturing Company, Huntsman, Sika, Trelleborg, Axson Technologies, Alro Steel, Alchemie.
The tooling board market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tooling Board Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tooling Board Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tooling Board Market - Supply Chain
4.5. Global Tooling Board Market Forecast
4.5.1. Tooling Board Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tooling Board Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tooling Board Market Absolute $ Opportunity
5. Global Tooling Board Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tooling Board Market Size and Volume Forecast by Type
5.3.1. Polyurethanes
5.3.2. Epoxy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tooling Board Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tooling Board Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Automotive
6.3.3. Marine
6.3.4. Wind Energy
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tooling Board Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tooling Board Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tooling Board Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tooling Board Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tooling Board Demand Share Forecast, 2019-2029
9. North America Tooling Board Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tooling Board Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tooling Board Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Automotive
9.4.3. Marine
9.4.4. Wind Energy
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tooling Board Market Size and Volume Forecast by Type
9.7.1. Polyurethanes
9.7.2. Epoxy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tooling Board Demand Share Forecast, 2019-2029
10. Latin America Tooling Board Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tooling Board Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tooling Board Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Automotive
10.4.3. Marine
10.4.4. Wind Energy
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tooling Board Market Size and Volume Forecast by Type
10.7.1. Polyurethanes
10.7.2. Epoxy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tooling Board Demand Share Forecast, 2019-2029
11. Europe Tooling Board Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tooling Board Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tooling Board Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Automotive
11.4.3. Marine
11.4.4. Wind Energy
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tooling Board Market Size and Volume Forecast by Type
11.7.1. Polyurethanes
11.7.2. Epoxy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tooling Board Demand Share, 2019-2029
12. Asia Pacific Tooling Board Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tooling Board Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tooling Board Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Automotive
12.4.3. Marine
12.4.4. Wind Energy
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tooling Board Market Size and Volume Forecast by Type
12.7.1. Polyurethanes
12.7.2. Epoxy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tooling Board Demand Share, 2019-2029
13. Middle East & Africa Tooling Board Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tooling Board Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tooling Board Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Automotive
13.4.3. Marine
13.4.4. Wind Energy
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tooling Board Market Size and Volume Forecast by Type
13.7.1. Polyurethanes
13.7.2. Epoxy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tooling Board Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tooling Board Market: Market Share Analysis
14.2. Tooling Board Distributors and Customers
14.3. Tooling Board Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Curbell Plastics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Plastics Manufacturing Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huntsman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sika
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Trelleborg
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Axson Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alro Steel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alchemie
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
