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Tooling Resin Market Report
Tooling Resin Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026.
Tooling resin market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for tooling resin is the increasing demand for tooling boards used for making aerospace and automotive part’s prototypes and increasing penetration of 3D printing technologies in various industries.
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Tooling Resin Market - Snapshot |
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Growth |
6.7% for the next five years |
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Major Product Type |
Mold |
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Major Application Type |
Transportation |
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Major Material Type |
Epoxy Resin |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Solvay, Dow, Hexcel, Huntsman, Momentive, Rampf Tooling, Sika, Scott Bader, and Gurit. |
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Based on the product type, the market is segmented as molds, tooling boards, and tooling paste. The molds’ segment is estimated to be the largest segment as large number of industries use molds to fabricate parts, which in turn, is driving the growth of the segment.
Based on the application type, the tooling resin market is segmented as aerospace, transportation, wind energy, marine, and others. Growth in demand for lightweight materials in the automotive industry propels the growth of tooling resins in the industry.
In terms of regions, Europe is estimated to be the largest tooling resin market during the forecast period. Presence of major automotive and aerospace component manufacturers and increasing demand for tooling boards to develop prototypes for luxury cars and high-performance vehicles are propelling the growth of tooling resins market in the region.
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Tooling resins are resins which are used to make tools which are used to fabricate composite parts and components for various industries.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Tooling Resin Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
24 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
9 |
The tooling resin market is segmented into the following categories.
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Some of the major tooling resin manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The tooling resin market is expected to witness an impressive growth of 6.7% CAGR in the foreseeable future.
Solvay SA, The Dow Chemical Company, Hexcel, Huntsman, Momentive, Rampf Tooling, Sika, Scott Bader, and Gurit are among the key players in the tooling resin market.
Europe is expected to be the largest tooling resin market during the forecast period of 2021-26.
The molds’ segment is expected to be the largest product type in the tooling resin market in the coming five years.
Transportation is expected to remain dominant application type in the tooling resin market over the next five years.
The prime factors contributing to the demand for tooling resins are the increasing demand for tooling boards used for making aerospace and automotive part’s prototypes and increasing penetration of 3D printing technologies in various industries.
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