The global tooling composites market is forecast to grow at a CAGR of 7.69% during the period 2017-2021.
The report, Global Tooling Composites Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is tooling composites in 3D printing. 3D printing in tooling composites has brought significant changes. The major advantage is direct part production without the need for tooling. The growing demand from the automotive, aerospace, and other application sectors necessitates the fast delivery of components and the custom building of composites. This is leading to demand for alternative methods for faster manufacturing. However, vendors are facing many challenges in 3D printing like heat generation, low-quality surface finishing, and tool porosity. As a result, the technology is not widely used by vendors.
According to the report, one of the major drivers for this market is the demand from aerospace and automotive industries. Tooling composites are primarily used in the automotive and aerospace industries. These two segments together accounted for a share of 53.59% in terms of volume consumption in the global tooling composites market in 2016. The demand in these segments has grown significantly over the last few years because of the cost effectiveness, dimension stability, light weight, and high strength of these materials.
- Airtech Advanced Materials Group
- Koninklijke Ten Cate
Other prominent vendors
- GKN Aerospace
- Gurit Holding
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Market Segmentation By Raw Material
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8k3mms/global_tooling