According to the recent study the epoxy tooling board market is projected to reach an estimated $144 million by 2030 from $100 million in 2023 at a CAGR of 5% 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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epoxy tooling board market
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
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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