Tooling Market: By Material Type By End-User ) By Usage Type and Geography
Tooling Market: By Material Type By End-User ) By Usage Type and Geography
Tooling Market size was valued at US$ 261.3 billion in 2023 and is expected to grow at a significant CAGR of 7.8% from 2024 to 2030. The global market provides a detailed overview of the market and can be segmented By material type, end-use industry, and usage type. By material type, the tooling market has been segmented into Invar, Aluminum, Other Metals, Tooling Prepreg, Infusion, Epoxy Board, and Others. The Invar segment is likely to be the largest and fastest-growing segment in terms of material type. Based on the end-use industry, the tooling market is segmented into Aerospace, Wind Energy, Marine, Transportation, and Industrial. Among these, the aerospace, segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on usage type, the tooling market is segmented into Prototype and serial Production. prototype is expected to dominate the market in the future according to Precision Business Insights.
Study Period
2024-2030Base Year
2023CAGR
7.8%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Rise in focus on product customizations fuels the requirement of new models and dies, which are specifically designed for the manufacturing of products such as automotive engines, fuel tanks, turbines, propellers, shafts, and others; thereby, driving the global tooling market growth.
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 261.3 billion |
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Market CAGR |
7.8% |
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By Type |
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By End-Use Industry |
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By Usage Type |
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By Region |
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The tooling market size was valued at US$ 261.3 billion in 2023
The major players in the global tooling market Janicki Industries, Inc., Toray Advanced Composites, Hexcel Corporation, Solvay SA, Rampf Group, Inc., Sika Axson, Weber Manufacturing Technologies Inc., Airtech Advanced Materials Group, Huntsman Advanced Materials, Gurit Holding AG, Trelleborg AB.
Asia PAcific is the fastest-growing region for tooling market
| 1. Executive Summary |
| 2. Global Tooling Market Introduction |
| 2.1. Global Tooling Market Taxonomy |
| 2.2. Global Tooling Market Definitions |
| 2.2.1. By Material Type |
| 2.2.2. By End-Use Industry Type |
| 2.2.3. By Usage Type |
| 2.2.4. By Region |
| 3. Global Tooling Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Tooling Market Dynamic Factors - Impact Analysis |
| 3.6. Global Tooling Market Competition Landscape |
| 4. Global Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Tooling Market, By Material Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Invar |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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. Aluminum |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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. Other Metals |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Tooling Prepreg |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Infusion |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Epoxy Board |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Tooling Market, By End-Use Industry Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Aerospace |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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. Wind Energy |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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. Transportation |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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. Industrial (Construction) |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Tooling Market Forecast, By Usage Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Prototype |
| 7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Serial Production |
| 7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Tooling Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Region, 2024 - 2030 |
| 9. North America Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Invar |
| 9.1.2. Aluminum |
| 9.1.3. Other Metals |
| 9.1.4. Tooling Prepreg |
| 9.1.5. Infusion |
| 9.1.6. Epoxy Board |
| 9.1.7. Others |
| 9.2. End-Use Industry Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Aerospace |
| 9.2.2. Wind Energy |
| 9.2.3. Marine |
| 9.2.4. Transportation |
| 9.2.5. Industrial (Construction) |
| 9.2.6. Others |
| 9.3. Usage Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Prototype |
| 9.3.2. Serial Production |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2024 - 2030 |
| 9.6. North America Tooling Market Dynamics Trends |
| 10. Europe Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Invar |
| 10.1.2. Aluminum |
| 10.1.3. Other Metals |
| 10.1.4. Tooling Prepreg |
| 10.1.5. Infusion |
| 10.1.6. Epoxy Board |
| 10.1.7. Others |
| 10.2. End-Use Industry Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Aerospace |
| 10.2.2. Wind Energy |
| 10.2.3. Marine |
| 10.2.4. Transportation |
| 10.2.5. Industrial (Construction) |
| 10.2.6. Others |
| 10.3. Usage Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Prototype |
| 10.3.2. Serial Production |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2024 - 2030 |
| 10.6. Europe Tooling Market Dynamics Trends |
| 11. Asia-Pacific Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Invar |
| 11.1.2. Aluminum |
| 11.1.3. Other Metals |
| 11.1.4. Tooling Prepreg |
| 11.1.5. Infusion |
| 11.1.6. Epoxy Board |
| 11.1.7. Others |
| 11.2. End-Use Industry Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Aerospace |
| 11.2.2. Wind Energy |
| 11.2.3. Marine |
| 11.2.4. Transportation |
| 11.2.5. Industrial (Construction) |
| 11.2.6. Others |
| 11.3. Usage Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Prototype |
| 11.3.2. Serial Production |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Tooling Market Dynamics Trends |
| 12. Latin America Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Invar |
| 12.1.2. Aluminum |
| 12.1.3. Other Metals |
| 12.1.4. Tooling Prepreg |
| 12.1.5. Infusion |
| 12.1.6. Epoxy Board |
| 12.1.7. Others |
| 12.2. End-Use Industry Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Aerospace |
| 12.2.2. Wind Energy |
| 12.2.3. Marine |
| 12.2.4. Transportation |
| 12.2.5. Industrial (Construction) |
| 12.2.6. Others |
| 12.3. Usage Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Prototype |
| 12.3.2. Serial Production |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2024 - 2030 |
| 12.6. Latin America Tooling Market Dynamics Trends |
| 13. Middle East and Africa Tooling Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Invar |
| 13.1.2. Aluminum |
| 13.1.3. Other Metals |
| 13.1.4. Tooling Prepreg |
| 13.1.5. Infusion |
| 13.1.6. Epoxy Board |
| 13.1.7. Others |
| 13.2. End-Use Industry Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Aerospace |
| 13.2.2. Wind Energy |
| 13.2.3. Marine |
| 13.2.4. Transportation |
| 13.2.5. Industrial (Construction) |
| 13.2.6. Others |
| 13.3. Usage Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Prototype |
| 13.3.2. Serial Production |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2024 - 2030 |
| 13.6. MEA Tooling Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Janicki Industries, Inc. |
| 14.2.2. Toray Advanced Composites |
| 14.2.3. Hexcel Corporation |
| 14.2.4. Solvay SA |
| 14.2.5. Rampf Group, Inc. |
| 14.2.6. Sika Axson |
| 14.2.7. Weber Manufacturing Technologies Inc. |
| 14.2.8. Airtech Advanced Materials Group |
| 14.2.9. Huntsman Advanced Materials |
| 14.2.10. Gurit Holding AG |
| 14.2.11. Trelleborg AB |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
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