Global Tooling Composites Market 2017-2021
- Published: Aug 2017
- Pages: 94
- SKU: IRTNTR15004
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This industry research report identifies Airtech Advanced Materials Group, Hexcel, Koninklijke Ten Cate, Solvay, Sika, and TEIJIN as the key vendors in the global tooling composites market. This industry research report also presents a detailed analysis of the market by application (aerospace, automotive, construction, wind energy, military and marine, and others), by raw material (polyester, glass fiber, vinyl esters, epoxies, and others), and by geography (the Americas, APAC, and EMEA).
Overview of the global tooling composites market
Research analysis on the global tooling composites market identifies that the increasing demand from aerospace and automotive industry will be one of the major factors that will have a positive impact on the growth of the market. The rising demand from developing countries and the rising spending capacity among the end users has led to the demand for cars. The need for lightweight parts with higher strength in racing cars will generate demand for the use of tooling composites in the automotive industry. Additionally, the aerospace industry is also witnessing growth due to the rise in defense budgets, low oil prices, and the rise in demand for air travel that has led to the demand for commercial aircraft. This will subsequently increase the demand for tooling composites. Technavio’s market research analysts predict that in terms of volume, this market will grow at a CAGR of almost 8% by 2021.
In terms of geography, the Americas accounted for the highest revenue share during 2016. The increasing demand for the use of composites in the aerospace, automotive, wind energy, military, and marine industries in the region led to the growth of the tooling composites market. The vendors in the market are expanding their business through strategic alliances and new product offerings with OEMs of automotive and aircraft manufacturers.
Competitive landscape and key vendors
Owing to the presence of a considerable number vendors, the tooling composites market is highly competitive. The vendors in the composite tools market are competing based on the advanced technology, innovative product, durability and performance. Additionally, the composite tooling material vendors are also investing heavily in R&D to improve their products for new applications.
The leading vendors in the market are -
- Airtech Advanced Materials Group
- Hexcel
- Koninklijke Ten Cate
- Solvay
- Sika
- TEIJIN
The 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.
Segmentation by application and analysis of the tooling composites market
- Aerospace
- Automotive
- Construction
- Wind energy
- Military and marine
During 2016, the aerospace segment accounted for the major shares of the tooling composites market. There is an increasing demand of tooling composites to manufacture components of spacecraft, military jets, and commercial aircraft. The rise in the demand for high strength, affordable, lightweight and fuel-efficient materials in the aerospace industry will propel the demand for tooling composite.
Segmentation by raw material and analysis of the tooling composites market
- Polyester
- Glass fiber
- Vinyl esters
- Epoxies
The polyester segment will contribute the highest revenue share of the composite tools market in the coming years due to its wide application as a feedstock. It is used along with carbon fibers and glass fibers to sandwich core materials. The rising demand for lightweight and high-performance materials will drive the demand for polyester composites in the tooling composites market during the forecast period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global tooling composites market?
- What are the key market trends impacting the growth of the global tooling composites market?
- What are the challenges to market growth?
- Who are the key vendors in the global tooling composites market?
- What are the market opportunities and threats faced by the vendors in the global tooling composites market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global tooling composites market?
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Overview
PART 05: Market landscape
- Global tooling composites market
- Five forces analysis
PART 06: Market segmentation by application
- Global tooling composites market by application
- Global tooling composites market in aerospace
- Global tooling composites market in automotive
- Global tooling composites market in construction
- Global tooling composites market in wind energy
- Global tooling composites market in military and marine
- Global tooling composites market in others
PART 07: Market segmentation by raw material
- Global tooling composites market by raw material
- Global tooling composites market in polyester
- Global tooling composites market in glass fibers
- Global tooling composites market in vinyl esters
- Global tooling composites market in epoxies
- Global tooling composites market in others
PART 08: Geographical segmentation
- Global tooling composites market by geography
- Tooling composites market in the Americas
- Tooling composites market in APAC
- Tooling composites market in EMEA
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Tooling composites in 3D printing
- Use of thermoplastics in wind energy
- Green infrastructure
- Demand from bicycling industry
PART 12: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 13: Key vendor analysis
- Airtech Advanced Materials Group
- Hexcel
- Koninklijke Ten Cate
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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