Tooling Board Market: By Product, By Application and Region Forecast 2020-2031

Tooling Board Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Polyurethane, Epoxy, Others), By Application (Aerospace and defense, Automotive, Marine, Marine, Wind Energy, Others) and Region Forecast 2020-2031

Tooling Board Market size was valued at US$ 11,451 million in 2024 and is expected to reach US$ 15,688 million by 2031, growing at a significant CAGR of 4.6% from 2025-2031. Tooling Board also referred to as modeling board, is a material utilized for making prototype or low-run patterns and mold tools for composite parts. Most of these boards fall into one of two categories, epoxy and polyurethane. Furthermore, the key factors driving the market are increasing demand for the tooling, prototyping, modeling, and fabricating applications, rising demand from the manufacturing industries, advancements in the tooling technologies, serving the vital necessities of various industries, counting infrastructure, marble surface, infrastructure, consumer recreation, ballistics, aerospace is anticipated to drive the market in the forecast period.

Furthermore, tooling boards, frequently known as slabs, are machinable and demonstrating boards. these are usually made from polyurethane and epoxy and display low density with very high dimensional stability. PU and epoxy tooling merchandise are replacing the traditional metal and wood in master models, jigs, fixtures, molds, patterns, and porotype modeling and are expected to bolster the market in the upcoming years. Also, the expansion of the automotive and aerospace industries and advancements in composite manufacturing are boosting the market in the future years.

Furthermore, the expansion of advanced composite materials, carbon fiber composites, fiberglass composites, and high-performance polymers fuels the stipulation tooling boards market. Moreover, the collaboration between the manufacturing industries and the market players is anticipated to drive the market in the forecast period. However, the complications associated with the market are the high cost associated with the fabrication of the tooling boards, limited temperature resistance, chemical compatibility, and dimensional stability remain substantial barriers that hamper the demand for the market in the forecast period.  However, the key opportunities associated with the market are rising demand for styling models, prototyping, jigs and fixtures, vacuum forming, composite tooling, foundry tooling, and hammer forming, and increasing demand for the manufacturing industries are anticipated to boost the market over the forecast period. 

Key Developments:

  • In November 2020, RAMPF Tooling Solutions, the world’s largest manufacturer of high-performance board materials, moved in a sales collaboration with MODELCO, a Swedish dealer of premium model- and mold-making resources to the car, truck, and maritime manufacturing in the Nordic markets.

Tooling Board Market Summary

Study Period

2024 - 2030

Base Year

2024

CAGR

4.6%

Largest Market

Europe

Fastest Growing Market

Europe

Tooling Board Market Dynamics

The increasing demand for the tooling board in developed and emerging countries is a key factor surge of the Tooling Board market over the forecast years. Due to globalization and market expansion, environmental regulations and sustainability are anticipated to boost the market in the coming years. Furthermore, the explosion of additive manufacturing technologies, like 3D printing and swift prototyping, generates profitable prospects for tooling board fabricators to supply materials compatible with additive fabricating processes. Additionally, tooling boards serve as a preferred material for generating prototypes, molds, fixtures, and tooling components in additive fabricating applications, bolstering the market growth and adaptation over the forecast period.

Tooling Board Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024 - 2030

Market Size in 2024

US$ 11,451 million

Market Size in 2031

US$ 15,688 million

Market CAGR

4.6%

By Product

  • Polyurethane
  • Epoxy
  • Others

By Application

  • Aerospace and defense
  • Automotive
  • Marine
  • Wind Energy
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The tooling board market report provides granular level information about the market size, regional market share, historic market (2020-2024) and forecast (2025-2031)
  • The report covers the in-detail insights about the competitor’s overview, company share analysis, key market developments and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report track recent innovations, key developments and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory frame work and reimbursement scenario.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

Tooling Board Market size was valued at US$ 11,451 million in 2024 and is expected to reach US$ 15,688 million by 2031, growing at a significant CAGR of 4.6% from 2025-2031.

Europe is expected to dominate the Tooling Board market.

Alchemie Ltd., Alro Steel Corporation, Base Materials, Coastal Enterprises, Inc., Curbell Plastics, Inc., General Plastics Manufacturing Company, Inc., GOLDENWEST MANUFACTURING, INC., Huntsman International LLC, RAMPF Group, Inc., Trelleborg

The key factors driving the tooling board market include the growth of the manufacturing industries, and the upsurge in the technological inventions regarding the product is anticipated to drive the tooling board market in the forecast period.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Tooling Board Market Introduction
2.1. Global Tooling Board Market Taxonomy
2.2. Global Tooling Board Market Definitions
2.2.1. Product
2.2.2. Application
3. Global Tooling Board Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Tooling Board Market Dynamic Factors - Impact Analysis
3.6. Global Tooling Board Market Competition Landscape
4. Global Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Tooling Board Market, By Product, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
5.1. Polyurethane
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Epoxy
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Others
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Tooling Board Market Forecast, By Application, 2019 - 2023 and Forecast, 2020 2026 (Revenue, USD Mn)
6.1. Aerospace and defense
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Automotive
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Marine
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Wind Energy
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Tooling Board Market Forecast, By Region, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
7.1. North America
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Tooling Board Market - Opportunity Analysis Index, By Product, Application and Region, 2024 - 2030
8. North America Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
8.1. By Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Polyurethane
8.1.2. Epoxy
8.1.3. Others
8.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Aerospace and defense
8.2.2. Automotive
8.2.3. Marine
8.2.4. Wind Energy
8.2.5. Others
8.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Tooling Board Market - Opportunity Analysis Index, By Product, Application and Country, 2024 - 2030
8.5. North America Tooling Board Market Dynamics Trends
9. Europe Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
9.1. By Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Polyurethane
9.1.2. Epoxy
9.1.3. Others
9.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Aerospace and defense
9.2.2. Automotive
9.2.3. Marine
9.2.4. Wind Energy
9.2.5. Others
9.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Tooling Board Market - Opportunity Analysis Index, By Product, Application and Country, 2024 - 2030
9.5. Europe Tooling Board Market Dynamics Trends
10. Asia-Pacific Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
10.1. By Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Polyurethane
10.1.2. Epoxy
10.1.3. Others
10.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Aerospace and defense
10.2.2. Automotive
10.2.3. Marine
10.2.4. Wind Energy
10.2.5. Others
10.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Tooling Board Market - Opportunity Analysis Index, By Product, Application and Country, 2024 - 2030
10.5. Asia-Pacific Tooling Board Market Dynamics Trends
11. Latin America Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
11.1. By Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Polyurethane
11.1.2. Epoxy
11.1.3. Others
11.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Aerospace and defense
11.2.2. Automotive
11.2.3. Marine
11.2.4. Wind Energy
11.2.5. Others
11.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Tooling Board Market - Opportunity Analysis Index, By Product, Application and Country, 2024 - 2030
11.5. Latin America Tooling Board Market Dynamics Trends
12. Middle East and Africa Tooling Board Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn) 
12.1. By Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Polyurethane
12.1.2. Epoxy
12.1.3. Others
12.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Aerospace and defense
12.2.2. Automotive
12.2.3. Marine
12.2.4. Wind Energy
12.2.5. Others
12.3. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Tooling Board Market - Opportunity Analysis Index, By Product, Application and Country, 2024 - 2030
12.5. MEA Tooling Board Market Dynamics Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Alchemie Ltd.
13.2.2. Alro Steel Corporation
13.2.3. Base Materials
13.2.4. Coastal Enterprises, Inc.
13.2.5. Curbell Plastics, Inc.
13.2.6. General Plastics Manufacturing Company, Inc.
13.2.7. GOLDENWEST MANUFACTURING, INC.
13.2.8. Huntsman International LLC
13.2.9. RAMPF Group, Inc.
13.2.10. Trelleborg
13.2.11. Polytek Development Corp.
14. Research Methodology
15. Key Assumptions and Acronyms

 

Key Market Players

  • Alchemie Ltd.
  • Alro Steel Corporation
  • Base Materials
  • Coastal Enterprises, Inc.
  • Curbell Plastics, Inc.
  • General Plastics Manufacturing Company, Inc.
  • GOLDENWEST MANUFACTURING, INC.
  • Huntsman International LLC
  • RAMPF Group, Inc.
  • Trelleborg
  • Axson
  • Base
  • BCC
  • Guangzhou LiHOng
  • Huntsman
  • RAMPF

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