1. Technology

Epoxy Tooling Board  Market to Witness Robust Expansion by 2027

The 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.

Stratview Research estimates the Epoxy tooling board market may record an impressive CAGR of 6.6% over the next five years to reach US$ 135.9 Million in 2026.

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Segment Analysis

The epoxy tooling board market is segmented as Transportation, Aerospace, Wind Energy, Marine, and Others based on the end-use industry type. Despite taking a nosedive in 2020, Transportation is expected to remain the largest segment of the market during the forecast period. Motorsport is expected to remain the largest demand generator of epoxy tooling boards in the transportation industry during the forecast period. Epoxy tooling boards are widely used in manufacturing master models and molds for motorsports, driven by excellent dimensional stability, high part accuracy, and high-quality surface finish at elevated temperatures.

Based on the application type, the market is segmented as composites and non-composites. Composite application is expected to remain the most dominant segment of the market during the forecast period. The coefficient of thermal expansion (CTE) of epoxy is relative to the composites, which acts as the growth engine for its unassailable dominance in composite applications.

Based on the density type, the market is segmented as 600-800 kg/m3, 800-1,000 kg/m3 and above 1,000 kg/m3The 600-800 kg/m3 is expected to remain the most preferred density type in the market during the forecast period. 600-800 kg/m3 density boards are having varied usage in different end-use industries.

Europe is expected to remain the largest market for epoxy tooling boards during the forecast period in terms of regions. The UK is the largest market in the region with strong demand for epoxy tooling boards from the motorsports industry. Asia-Pacific is likely to witness the fastest growth during the forecast period with strong potential from emerging economies such as China and India. 

Features of the Report

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.

The Epoxy Tooling Board Market analysis report discusses the following heads in great detail

About Stratview Research

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