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Tooling Board Market Trends 2021 | Industry Growth, Share, Size, Demand and Future Scope 2026

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Industry Research Report

According to IMARC Group’s latest report, titled “Tooling Board Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global tooling board market grew at a CAGR of around 4% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.
 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
 

Tooling boards are the modeling boards that are used to prepare prototype tools and master models. They are widely replacing wood and metal counterparts for industrial tooling applications as these dimensionally stable boards help in tooling jigs as well as building precise models and patterns. They provide a faster ramp rate, improved efficiency, reduced operational costs, etc. Owing to these factors, tooling boards are extensively used in the manufacturing of various fixtures, molds, models and master models, laminates, castings and other aids across the construction, aerospace & defense, automotive, and marine sectors.
 

Get Sample Report with Detail COVID-19 Impact Analysis - https://www.imarcgroup.com/tooling-board-market/requestsample
 

Market Trends

The growing utilization of tooling boards for prototyping across numerous end-use industries is primarily driving the global market. Furthermore, the rising demand for tooling boards in the automotive sector for prototyping advanced models of electric vehicles (EVs) is also augmenting the market growth. Moreover, tooling boards are increasingly being adopted in the defense and aerospace industries due to their high-temperature resistance and dimensional stability properties. Several other factors, including enhanced focus on sustainable development and the growing R&D spending in the marine sector to produce models and prototypes of ships, boats, and vessels that are integrated with the latest technologies, are anticipated to further propel the global market for tooling board in the coming years.
 

Explore Full Report with Detail Analysis with COVID-19 Impact –  https://www.imarcgroup.com/tooling-board-market
 

List of Key Companies Covered in this Market Report:

Alchemie Ltd.

Alro Steel Corporation

Base Materials Ltd

Coastal Enterprises

Curbell Plastics Inc.

General Plastic Manufacturing Co.

Goldenwest Manufacturing Inc.

Huntsman Corporation (NYSE: HUN)

OBO-Werke GmbH

RAMPF Holding GmbH & Co.KG

Sika AG (SWX: SIKA)

Trelleborg AG. (STO: TREL-B)
 

The report has segmented the market on the basis of material, application and geography.
 

Breakup by Material:

Polyurethane

Epoxy Resins

Others
 

Breakup by Application:

Aerospace and Defense

Automotive

Marine

Wind Energy

Others
 

Breakup by Geography:

North America (U.S. & Canada)

Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)

Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)

Latin America (Brazil, Mexico)

Middle East & Africa
 

Key highlights of the report:

Market Performance (2015-2020)

Market Outlook (2021- 2026)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape
 

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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