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Global Tooling Composites Market 2017-2021

Global Tooling Composites Market 2017-2021

About Tooling Composites

The molds utilized for shaping composites are known as tools. These tools are made using materials including polymers, metals, and ceramics. The designs of the various applications vary from each other and the selection of composite materials is based on the properties of thermal expansion, desired requirement, method of cure, transition temperature of the material being molded, cost, and various other considerations. High-end production tools are made of strong metals that can withstand numerous cycles and retain surface and dimensional accuracy. Carbon fiber, epoxies, ceramics, and metals are primarily used in these production types.

Technavio’s analysts forecast the global tooling composites market to grow at a CAGR of 7.69% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global tooling composites market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's 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.

Key vendors
  • Airtech Advanced Materials Group
  • Hexcel
  • Koninklijke Ten Cate
  • Solvay
  • Sika
  • TEIJIN
Other prominent vendors
  • BASF
  • Celanese
  • Formaplex
  • GKN Aerospace
  • Gurit Holding
  • Honeywell
  • HYOSUNG
  • Kaman Aerosystems
  • KOLON
  • Magna International
  • PRF Composite Materials
  • TPI Composites
  • The Dow Chemical
  • SGL Group
Market driver
  • Demand from aerospace and automotive industries
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices and high manufacturing costs
  • For a full, detailed list, view our report
Market trend
  • Tooling composites in 3D printing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Tooling Composites Market 2017-2021

Technavio recognizes the following companies as the key players in the global tooling composites market: Airtech Advanced Materials Group, Hexcel, Koninklijke Ten Cate, Solvay, Sika, and TEIJIN.

Other Prominent Vendors in the market are: BASF, Celanese, Formaplex, GKN Aerospace, Gurit Holding, Honeywell, HYOSUNG, Kaman Aerosystems, KOLON, Magna International, PRF Composite Materials, TPI Composites, The Dow Chemical, and SGL Group.

Commenting on the report, an analyst from Technavio’s team said: “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 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.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices and high manufacturing costs. The highly unstable prices in the commodities market have put heavy financial pressure on many producers. There are several methods for producing composite components. Autoclaves cure composites with heat and pressure and are important tools for curing parts made with thermoset resins. Limitations on the supply or increase in the prices of raw materials like epoxy, aluminum foil, carbon fiber, phenolic resins, fiberglass yarns, and aramid paper will impact vendor margins. Some of the raw materials for composites are 30%-35% more expensive than steel, aluminum, and Invar. These metals, therefore, stand as competitors to composites.

Companies Mentioned

Airtech Advanced Materials Group, Hexcel, Koninklijke Ten Cate, Solvay, Sika, TEIJIN, BASF, Celanese, Formaplex, GKN Aerospace, Gurit Holding, Honeywell, HYOSUNG, Kaman Aerosystems, KOLON, Magna International, PRF Composite Materials, TPI Composites, The Dow Chemical, and SGL Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Overview
      • Table Types of composites
  • Market landscape
    • Global tooling composites market
      • Table Global tooling composites market 2016 and 2021 (metric tons)
      • Table Global tooling composites market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global tooling composites market by application
      • Table Global tooling composites market by application 2016
      • Table Global tooling composites market by application 2021
      • Table Global tooling composites by application 2016 and 2021 (metric tons)
    • Global tooling composites market in aerospace
      • Table Global tooling composites market in aerospace 2016 and 2021 (metric tons)
      • Table Global tooling composites market in aerospace segment 2016-2021
      • Table Use of materials in an aircraft
    • Global tooling composites market in automotive
      • Table Global tooling composites market in automotive 2016 and 2021 (metric tons)
      • Table Global tooling composites market in automotive 2016-2021
    • Global tooling composites market in construction
      • Table Global tooling composites market in construction 2016 and 2021 (metric tons)
      • Table Global tooling composites market in construction 2016-2021
    • Global tooling composites market in wind energy
      • Table Global tooling composites market in wind energy 2016 and 2021 (metric tons)
      • Table Global tooling composites market in wind energy 2016-2021
    • Global tooling composites market in military and marine
      • Table Global tooling composites market in military and marine 2016 and 2021 (metric tons)
      • Table Global tooling composites market in military and marine 2016-2021
    • Global tooling composites market in others
      • Table Global tooling composites market in others 2016 and 2021 (metric tons)
      • Table Global tooling composites market in others 2016-2021
  • Market segmentation by raw material
    • Global tooling composites market by raw material
      • Table Global tooling composites market by raw material 2016
      • Table Global tooling composites market by raw material 2021
      • Table Global tooling composites by raw materials 2016 and 2021 (metric tons)
    • Global tooling composites market in polyester
      • Table Global tooling composites market in polyester 2016 and 2021 (metric tons)
      • Table Global tooling composites market in polyester segment 2016-2021
    • Global tooling composites market in glass fibers
      • Table Global tooling composites market in glass fibers 2016 and 2021 (metric tons)
      • Table Global tooling composites market in glass fibers 2016-2021
    • Global tooling composites market in vinyl esters
      • Table Global tooling composites market in vinyl esters 2016 and 2021 (metric tons)
      • Table Global tooling composites market in vinyl esters 2016-2021
    • Global tooling composites market in epoxies
      • Table Global tooling composites market in epoxies 2016 and 2021 (metric tons)
      • Table Global tooling composites market in epoxies 2016-2021
    • Global tooling composites market in others
      • Table Global tooling composites market in other segments 2016 and 2021 (metric tons)
      • Table Global tooling composites in other segments 2016-2021
  • Geographical segmentation
    • Global tooling composites market by geography
      • Table Global tooling composites market by geography 2016
      • Table Global tooling composites market by geography 2021
      • Table Global tooling composites market by geography 2016 and 2021 (metric tons)
    • Tooling composites market in the Americas
      • Table Tooling composites market in the Americas 2016 and 2021 (metric tons)
      • Table Tooling composites market in the Americas 2016-2021
    • Tooling composites market in APAC
      • Table Tooling composites market in APAC 2016 and 2021 (metric tons)
      • Table Tooling composites market in APAC 2016-2021
    • Tooling composites market in EMEA
      • Table Global tooling composites in EMEA 2016 and 2021 (metric tons)
      • Table Tooling composites market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Automobile (light vehicle) production 2016-2021
      • Table Historical commercial aircraft delivery by Airbus and Boeing 2014-2016
      • Table Properties of carbon fiber and glass fiber composite materials
    • Market challenges
  • Market trends
    • Tooling composites in 3D printing
    • Use of thermoplastics in wind energy
    • Green infrastructure
    • Demand from bicycling industry
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Airtech Advanced Materials Group
    • Hexcel
      • Table Hexcel: Business segmentation by revenue 2016
      • Table Hexcel: Geographical segmentation by revenue 2016
    • Koninklijke Ten Cate
      • Table Koninklijke Ten Cate: Business segmentation by revenue 2016
      • Table Koninklijke Ten Cate: Geographical segmentation by revenue 2016
    • Solvay
      • Table Solvay: Business segmentation by revenue in 2016
      • Table Solvay: Geographical segmentation by revenue 2016
    • Sika
      • Table Sika: Business segmentation by revenue 2016
      • Table Sika: Geographical segmentation by revenue 2016
      • Table Sika: Recent developments
    • TEIJIN
      • Table TEIJIN: Business segmentation by revenue 2016
      • Table TEIJIN: Geographical segmentation by revenue 2016
      • Table TEIJIN: Composites portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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