According to the recent study the epoxy tooling board market is projected to reach an estimated $144.0 million by 2030 from $99.8 million in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market is primarily driven by increasing demand of epoxy tooling boards for prototypes of formula one car and aircraft.
Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in epoxy tooling board market by application (transportation, marine, wind energy, aerospace, and others), density (600-800 kg/m3, 800-1000 kg/m3, and above 1000 kg/m3), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that transportation will remain the largest application segment due to the excellent dimensional stability, low coefficient of thermal expansion, chemical inertness, and suitability to use at temperatures up to 130°C are the properties. Aerospace is expected to witness the highest growth over the forecast period.
600-800 kg/m3 density will remain the largest segment by density due to its increasing use in transportation and aerospace industry. 800-1000 kg/m3 is expected to witness the highest growth over the forecast period.
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Europe is expected to remain the largest region due to the higher production of formula one car. APAC is expected to witness the highest growth over the forecast period.
Trelleborg AB, RAMPF Tooling Solutions GmBH & Co. KG, Huntsman Corporation, Sika-Axson, Guangzhou LiHong Mould Material Co., Ltd, BCC Products Inc., and Base Group are the major suppliers in the epoxy tooling board market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
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