Tooling composites refer to the mold or tool used as a base for manufacturing or shaping composite parts. It aids in reproducing complex structures or shapes several times. These tools are made from materials, including metals, polymers, and ceramics. The design differs from each other according to the applications. The selection of composites materials is based on various properties such as thermal expansion, desired requirement, the transition temperature of the material being molded, method of cure, and various other factors. Strong materials such as carbon fiber, ceramics, epoxies, and metals that can withstand numerous cycles are used to produce high-end tools. Tooling has been broadly utilized to shape or texture the structures for various industries including transportation, aerospace & defense, construction, wind energy, and others.
MARKET DYNAMICS
Composite materials are highly adopted by several industries attributed to their benefits, such as high performance, weight reduction, and corrosion resistance. Tooling materials employed for the fabrication of composite parts are critical elements to obtain the desired shape, efficiency, design, and mechanical performance. Growing demand from the automotive and aerospace sectors is considered as one of the major factors that fuel the market growth. Increasing demand from emerging economies and the escalating spending capacity among the end-users has led to the increasing demand for cars. The requirement for lightweight parts with high strength in racing cars is further proliferating the demand for tooling composites in the automotive industry. Moreover, low oil prices, the rise in defense budgets, and increasing demand for air travel have resulted in the growth of the aerospace industry. This subsequently led to the demand for commercial aircraft, further leading to the market expansion.
MARKET SCOPE
The "Global Tooling Composites Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tooling composites market with detailed market segmentation by raw material, application and geography. The global tooling composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tooling composites market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tooling composites market is segmented on the basis of raw material and application. On the basis of raw material, tooling composites market is classified into glass fiber, carbon fiber, epoxies, vinyl ester, polyester, and others. On the basis of application, market is segmented into aerospace, automotive, construction, wind energy, military and marine, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tooling composites market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tooling composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tooling composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tooling composites market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tooling composites market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tooling composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tooling composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tooling composites market in these regions.
MARKET PLAYERS
The reports cover key developments in the tooling composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tooling composites market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the tooling composites market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tooling composites market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Airtech Advanced Materials Group
- American Industrial Partners
- Formaplex
- Gurit
- Hexcel Corporation
- Janicki Industries, Inc.
- Koninklijke Ten Cate bv
- Sika AG
- Solvay
- TEIJIN LIMITED
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Tooling Composites Market - By Raw Material
1.3.2 Tooling Composites Market - By Application
1.3.3 Tooling Composites Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TOOLING COMPOSITES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. TOOLING COMPOSITES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TOOLING COMPOSITES MARKET - GLOBAL MARKET ANALYSIS
6.1. TOOLING COMPOSITES - GLOBAL MARKET OVERVIEW
6.2. TOOLING COMPOSITES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TOOLING COMPOSITES MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. GLASS FIBER
7.3.1. Overview
7.3.2. Glass Fiber Market Forecast and Analysis
7.4. CARBON FIBER
7.4.1. Overview
7.4.2. Carbon Fiber Market Forecast and Analysis
7.5. EPOXIES
7.5.1. Overview
7.5.2. Epoxies Market Forecast and Analysis
7.6. VINYL ESTER
7.6.1. Overview
7.6.2. Vinyl Ester Market Forecast and Analysis
7.7. POLYESTER
7.7.1. Overview
7.7.2. Polyester Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. TOOLING COMPOSITES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AEROSPACE
8.3.1. Overview
8.3.2. Aerospace Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. CONSTRUCTION
8.5.1. Overview
8.5.2. Construction Market Forecast and Analysis
8.6. WIND ENERGY
8.6.1. Overview
8.6.2. Wind Energy Market Forecast and Analysis
8.7. MILITARY AND MARINE
8.7.1. Overview
8.7.2. Military and Marine Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. TOOLING COMPOSITES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Tooling Composites Market Overview
9.1.2 North America Tooling Composites Market Forecasts and Analysis
9.1.3 North America Tooling Composites Market Forecasts and Analysis - By Raw Material
9.1.4 North America Tooling Composites Market Forecasts and Analysis - By Application
9.1.5 North America Tooling Composites Market Forecasts and Analysis - By Countries
9.1.5.1 United States Tooling Composites Market
9.1.5.1.1 United States Tooling Composites Market by Raw Material
9.1.5.1.2 United States Tooling Composites Market by Application
9.1.5.2 Canada Tooling Composites Market
9.1.5.2.1 Canada Tooling Composites Market by Raw Material
9.1.5.2.2 Canada Tooling Composites Market by Application
9.1.5.3 Mexico Tooling Composites Market
9.1.5.3.1 Mexico Tooling Composites Market by Raw Material
9.1.5.3.2 Mexico Tooling Composites Market by Application
9.2. EUROPE
9.2.1 Europe Tooling Composites Market Overview
9.2.2 Europe Tooling Composites Market Forecasts and Analysis
9.2.3 Europe Tooling Composites Market Forecasts and Analysis - By Raw Material
9.2.4 Europe Tooling Composites Market Forecasts and Analysis - By Application
9.2.5 Europe Tooling Composites Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Tooling Composites Market
9.2.5.1.1 Germany Tooling Composites Market by Raw Material
9.2.5.1.2 Germany Tooling Composites Market by Application
9.2.5.2 France Tooling Composites Market
9.2.5.2.1 France Tooling Composites Market by Raw Material
9.2.5.2.2 France Tooling Composites Market by Application
9.2.5.3 Italy Tooling Composites Market
9.2.5.3.1 Italy Tooling Composites Market by Raw Material
9.2.5.3.2 Italy Tooling Composites Market by Application
9.2.5.4 United Kingdom Tooling Composites Market
9.2.5.4.1 United Kingdom Tooling Composites Market by Raw Material
9.2.5.4.2 United Kingdom Tooling Composites Market by Application
9.2.5.5 Russia Tooling Composites Market
9.2.5.5.1 Russia Tooling Composites Market by Raw Material
9.2.5.5.2 Russia Tooling Composites Market by Application
9.2.5.6 Rest of Europe Tooling Composites Market
9.2.5.6.1 Rest of Europe Tooling Composites Market by Raw Material
9.2.5.6.2 Rest of Europe Tooling Composites Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Tooling Composites Market Overview
9.3.2 Asia-Pacific Tooling Composites Market Forecasts and Analysis
9.3.3 Asia-Pacific Tooling Composites Market Forecasts and Analysis - By Raw Material
9.3.4 Asia-Pacific Tooling Composites Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Tooling Composites Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Tooling Composites Market
9.3.5.1.1 Australia Tooling Composites Market by Raw Material
9.3.5.1.2 Australia Tooling Composites Market by Application
9.3.5.2 China Tooling Composites Market
9.3.5.2.1 China Tooling Composites Market by Raw Material
9.3.5.2.2 China Tooling Composites Market by Application
9.3.5.3 India Tooling Composites Market
9.3.5.3.1 India Tooling Composites Market by Raw Material
9.3.5.3.2 India Tooling Composites Market by Application
9.3.5.4 Japan Tooling Composites Market
9.3.5.4.1 Japan Tooling Composites Market by Raw Material
9.3.5.4.2 Japan Tooling Composites Market by Application
9.3.5.5 South Korea Tooling Composites Market
9.3.5.5.1 South Korea Tooling Composites Market by Raw Material
9.3.5.5.2 South Korea Tooling Composites Market by Application
9.3.5.6 Rest of Asia-Pacific Tooling Composites Market
9.3.5.6.1 Rest of Asia-Pacific Tooling Composites Market by Raw Material
9.3.5.6.2 Rest of Asia-Pacific Tooling Composites Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Tooling Composites Market Overview
9.4.2 Middle East and Africa Tooling Composites Market Forecasts and Analysis
9.4.3 Middle East and Africa Tooling Composites Market Forecasts and Analysis - By Raw Material
9.4.4 Middle East and Africa Tooling Composites Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Tooling Composites Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Tooling Composites Market
9.4.5.1.1 South Africa Tooling Composites Market by Raw Material
9.4.5.1.2 South Africa Tooling Composites Market by Application
9.4.5.2 Saudi Arabia Tooling Composites Market
9.4.5.2.1 Saudi Arabia Tooling Composites Market by Raw Material
9.4.5.2.2 Saudi Arabia Tooling Composites Market by Application
9.4.5.3 U.A.E Tooling Composites Market
9.4.5.3.1 U.A.E Tooling Composites Market by Raw Material
9.4.5.3.2 U.A.E Tooling Composites Market by Application
9.4.5.4 Rest of Middle East and Africa Tooling Composites Market
9.4.5.4.1 Rest of Middle East and Africa Tooling Composites Market by Raw Material
9.4.5.4.2 Rest of Middle East and Africa Tooling Composites Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Tooling Composites Market Overview
9.5.2 South and Central America Tooling Composites Market Forecasts and Analysis
9.5.3 South and Central America Tooling Composites Market Forecasts and Analysis - By Raw Material
9.5.4 South and Central America Tooling Composites Market Forecasts and Analysis - By Application
9.5.5 South and Central America Tooling Composites Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Tooling Composites Market
9.5.5.1.1 Brazil Tooling Composites Market by Raw Material
9.5.5.1.2 Brazil Tooling Composites Market by Application
9.5.5.2 Argentina Tooling Composites Market
9.5.5.2.1 Argentina Tooling Composites Market by Raw Material
9.5.5.2.2 Argentina Tooling Composites Market by Application
9.5.5.3 Rest of South and Central America Tooling Composites Market
9.5.5.3.1 Rest of South and Central America Tooling Composites Market by Raw Material
9.5.5.3.2 Rest of South and Central America Tooling Composites Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TOOLING COMPOSITES MARKET, KEY COMPANY PROFILES
11.1. AIRTECH ADVANCED MATERIALS GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMERICAN INDUSTRIAL PARTNERS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FORMAPLEX
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GURIT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HEXCEL CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JANICKI INDUSTRIES, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KONINKLIJKE TEN CATE BV
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SIKA AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SOLVAY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TEIJIN LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Airtech Advanced Materials Group
2. American Industrial Partners
3. Formaplex
4. Gurit
5. Hexcel Corporation
6. Janicki Industries, Inc.
7. Koninklijke Ten Cate bv
8. Sika AG
9. Solvay
10. TEIJIN LIMITED
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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