Lucintel Blog: Lucintel Forecasts Polyurethane Tooling Board Market to Reach $302.9 Million by 2028

Friday, October 27, 2023

Lucintel Forecasts Polyurethane Tooling Board Market to Reach $302.9 Million by 2028

According to the recent study the polyurethane tooling board market is projected to reach an estimated $302.9 million by 2028, at a CAGR of 5.9% from 2022 to 2028. Growth in this market is primarily driven by increasing usage of polyurethane tooling boards in the automotive and aerospace industries due to low cost and shorter prototype production time.

Browse 66 figures/charts and 47 tables in this 110-page report to understand trends, opportunities and forecast in polyurethane tooling board market by application (automotive, marine, wind energy, and aerospace & defense), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link: https://www.lucintel.com/polyurethane-tooling-board-market.aspx

“Automotive market is expected to remain the largest segment during the forecast period.”

Based on application, the polyurethane tooling board market is segmented into automotive, marine, wind energy, and aerospace & defense. Lucintel forecasts that the automotive market is expected to remain the largest segment due to excellent surface finish, high dimensional stability, low coefficient of thermal expansion, and high glass transition temperatures. Aerospace & defense is expected to witness the highest growth during the forecast period.

“Europe will dominate the polyurethane tooling board market in near future.”

Europe is expected to remain the largest market for Polyurethane tooling board because of the growing demand for polyurethane tooling boards for developing prototypes for formula one cars, motorsports vehicles, and lightweight vehicles. ROW is expected to witness the highest growth over the forecast period.

Download Brochure of this report by clicking on https://www.lucintel.com/polyurethane-tooling-board-market.aspx.

Major players of polyurethane tooling board market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. OBO-Werke GmbH & Co. KG, RAMPF Tooling Solutions GmBH & Co. KG, Sika Deutschland GmbH, General Plastics, CMT, ELANTAS Italia S.r.l, Necumer GmbH, Coastal Enterprise, Guangzhou LiHong Mould Material Co., Ltd., BCC Products Inc. are among the major polyurethane tooling board providers.

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 click on this link https://www.lucintel.com/polyurethane-tooling-board-market.aspx or 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. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer

Director of Client Engagements

Lucintel

Dallas, Texas, USA

Cell: 210-878-7693

roy.almaguer@lucintel.com

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