Market Overview:
The global tooling board market grew at a CAGR of around 4% during 2015-2020. Looking forward, IMARC Group expects the global tooling board market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Tooling boards refer to modeling boards that are widely used for preparing prototype tools and master models. Mostly made from polyurethane and epoxy, they are widely replacing metal and wood counterparts for industrial tooling applications since these dimensionally stable boards assist in tooling jigs as well as building precise models and patterns. They offer a faster ramp rate, reduced operational costs and improved efficiency. These slabs are also characterized by enhanced machinability and can deliver improved outcomes within a limited time. As a result, they are increasingly being used in the manufacturing of various molds, models and master models, fixtures, laminates, castings, and other aids across the aerospace & defense, automotive, marine and construction sectors.
Tooling Board Industry Trends:
The global market is primarily driven by the increasing utilization of tooling boards for prototyping across various end use industries. This is facilitated by the reduced product lifecycles of numerous electronic products, continual technological advancements and the rising need for new product development. There is also an escalating demand for tooling boards in the automotive sector for prototyping advanced models of electric vehicles (EVs). Key automotive players are heavily investing in research and development (R&D) activities to enhance their products by technological augmentations. Supported by the inflating disposable income levels of the masses, changing lifestyle preferences and an enhanced focus on sustainable development, this is expected to provide an impetus to the market growth. Along with this, these boards are also being employed in the aerospace and defense industries due to the high dimensional stability and temperature resistance properties exhibited by them. Increasing defense budgets of various countries and a significant rise in air traffic are some of the factors contributing to the market growth. The market is further driven by the growing R&D spending in the marine sector for manufacturing models and prototypes of ships, boats, and vessels that are integrated with the latest technologies.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global tooling board market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, material and application.
Breakup by Material:
- Polyurethane
- Epoxy Resins
- Others
Breakup by Application:
- Aerospace and Defense
- Automotive
- Marine
- Wind Energy
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alchemie Ltd., Alro Steel Corporation, Base Materials Ltd, Coastal Enterprises, Curbell Plastics Inc., General Plastic Manufacturing Co., Goldenwest Manufacturing Inc., Huntsman Corporation, OBO-Werke GmbH, RAMPF Holding GmbH & Co.KG, Sika AG and Trelleborg AG.
Key Questions Answered in This Report:
- How has the global tooling board market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global tooling board market?
- What are the key regional markets?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global tooling board market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Tooling Board Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
6.1 Polyurethane
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Epoxy Resins
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Aerospace and Defense
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Automotive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Marine
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Wind Energy
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Alchemie Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Alro Steel Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Base Materials Ltd.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Coastal Enterprises
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Curbell Plastics Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 General Plastic Manufacturing Co.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Goldenwest Manufacturing Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Huntsman Corporation
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 OBO-Werke GmbH
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 RAMPF Holding GmbH & Co. KG
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Sika AG
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Trelleborg AG
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
List of Figures
Figure 1: Global: Tooling Board Market: Major Drivers and Challenges
Figure 2: Global: Tooling Board Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Tooling Board Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Tooling Board Market: Breakup by Material (in %), 2020
Figure 5: Global: Tooling Board Market: Breakup by Application (in %), 2020
Figure 6: Global: Tooling Board Market: Breakup by Region (in %), 2020
Figure 7: Global: Tooling Board (Polyurethane) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Tooling Board (Polyurethane) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Tooling Board (Epoxy Resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Tooling Board (Epoxy Resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Tooling Board (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Tooling Board (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Tooling Board (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Tooling Board (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Tooling Board (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Tooling Board (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Tooling Board (Marine) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Tooling Board (Marine) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Tooling Board (Wind Energy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Tooling Board (Wind Energy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Tooling Board (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Tooling Board (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: North America: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: North America: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Canada: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Canada: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia-Pacific: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia-Pacific: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: China: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: China: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Japan: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Japan: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: India: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: India: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: South Korea: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: South Korea: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Australia: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Australia: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Indonesia: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Indonesia: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Others: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Others: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Europe: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Europe: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Germany: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Germany: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: France: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: France: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: United Kingdom: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: United Kingdom: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Italy: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Italy: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Spain: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Spain: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Russia: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Russia: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Latin America: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Latin America: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Brazil: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Brazil: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Mexico: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Mexico: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Middle East and Africa: Tooling Board Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Middle East and Africa: Tooling Board Market: Breakup by Country (in %), 2020
Figure 71: Middle East and Africa: Tooling Board Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Global: Tooling Board Industry: SWOT Analysis
Figure 73: Global: Tooling Board Industry: Value Chain Analysis
Figure 74: Global: Tooling Board Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Tooling Board Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Tooling Board Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 3: Global: Tooling Board Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Tooling Board Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Tooling Board Market: Competitive Structure
Table 6: Global: Tooling Board Market: Key Players