NEW YORK, Jan. 16, 2017 /PRNewswire/ -- Trends, opportunities and forecast in this market to 2021 by end use industry (aerospace, automotive, wind energy, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
The future of the global polyurethane tooling board market looks good, with opportunities in aerospace & defense, automotive, marine, wind energy, and others. The global polyurethane tooling board market is forecast to grow at a CAGR of 5.6% from 2016 to 2021. The major driver of growth for this market is increasing usage of polyurethane tooling boards in the automotive and aerospace industries due to low cost and shorter prototype production time.
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of high temperature resistance and custom sized tooling boards.
A total of 79 figures / charts and 30 tables are provided in this 110-page report to help in your business decisions.
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The study includes a forecast for the global polyurethane tooling board market by end use industry and region as follows:
By End Use Industry (Value ($M) and Volume (Million Board Feet) from 2010 to 2021):
By Region (Value ($M) and Volume (Million Board Feet) from 2010 to 2021):
- North America
- Asia Pacific
- Rest of the World
Camtek (Sika), RAMPF Tooling Solutions GmBH & Co. KG, General Plastics, OBO Werke, and CMT Materials are among the major suppliers for the polyurethane tooling board.
On the basis of its comprehensive research, Lucintel forecasts that the automotive and wind energy markets are expected to show above average growth during the forecast period from 2016 to 2021.
Within the global polyurethane tooling board market, the automotive segment is expected to remain the largest market. Excellent surface finish, high dimensional stability, low coefficient of thermal expansion, and high glass transition temperatures are the properties that will drive the growth of polyurethane tooling boards. Complex shapes can easily be formed by using polyurethane tooling boards.
Europe is expected to remain the largest region because major customers of polyurethane tooling are located in this region. Furthermore, the demand for polyurethane tooling boards is growing for developing prototypes for formula one cars, motorsports vehicles, and lightweight vehicles.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth trends in the global polyurethane tooling board market by end use industry (aerospace, automotive, wind energy, marine, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are the changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11. What M & A activities have transpired in the last 5 years in this market?
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors' financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel's professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the manufacturers in global polyurethane tooling board market are Camtek (Sika Deutschland GmbH), RAMPF Tooling Solutions GmBH & Co. KG, General Plastics and others.
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