- Invar
- Aluminum
- Other Metals
- Tooling Prepreg
- Infusion
- Epoxy Board
Tooling Market size was valued at USD 261.3 billion in 2022 and is expected to grow at a significant CAGR of 7.8% from 2023 to 2029. The global market provides a detailed overview of the market and that can be segmented By material type, end-use industry, usage type. By material type, the tooling market has been segmented into Invar, Aluminum, Other Metals, Tooling Prepreg, Infusion, Epoxy Board, Others. The Invar segment is likely to be the largest and fastest-growing segment in terms of material type. Based on end-use industry, the tooling market is segmented into Aerospace, Wind Energy, Marine, Transportation, 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, Serial Production. prototype is expected to dominate the market in the future according to Precision Business Insights.
Tooling Market Key Development:
In July 2022, Sandvik completes acquisition of Peterson Tool Company
Tooling Market Summary
Study Period
2023-29
Base Year
2022
CAGR
7.8%
Largest Market
North American
Fastest Growing Market
Asia-Pacific
Tooling Market Drivers
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.
Europe Got Significant Share
Tooling Market
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The tooling market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The tooling market report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The tooling market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The tooling market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The tooling market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Tooling Market Segmentation
By Type
By End-Use Industry
- Aerospace
- Wind Energy
- Marine
- Transportation
- Industrial (Construction)
By Usage Type
- Prototype
- Serial Production
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The tooling market is projected to expand at a CAGR of 7.8% during the forecast period
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.
Europe is the fastest-growing region for tooling market
| 1. Executive Summary |
| 2. Global Tooling Market for the Composites Industry Introduction |
| 2.1. Global Tooling Market for the Composites Industry Taxonomy |
| 2.2. Global Tooling Market for the Composites Industry 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 for the Composites Industry Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Tooling Market for the Composites Industry Dynamic Factors - Impact Analysis |
| 3.6. Global Tooling Market for the Composites Industry Competition Landscape |
| 4. Global Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Hand Tools Market, By Material Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Invar |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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 Hand Tools Market, By End-Use Industry Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Aerospace |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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 for the Composites Industry Forecast, By Usage Type, 2018 - 2022 and Forecast, 2023 - 2029 (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 for the Composites Industry Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Region, 2023 - 2029 |
| 9. North America Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Prototype |
| 9.3.2. Serial Production |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029 |
| 9.6. North America Tooling Market for the Composites Industry Dynamics Trends |
| 10. Europe Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Prototype |
| 10.3.2. Serial Production |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029 |
| 10.6. Europe Tooling Market for the Composites Industry Dynamics Trends |
| 11. Asia-Pacific Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Prototype |
| 11.3.2. Serial Production |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Tooling Market for the Composites Industry Dynamics Trends |
| 12. Latin America Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Prototype |
| 12.3.2. Serial Production |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029 |
| 12.6. Latin America Tooling Market for the Composites Industry Dynamics Trends |
| 13. Middle East and Africa Tooling Market for the Composites Industry Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Prototype |
| 13.3.2. Serial Production |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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 for the Composites Industry- Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029 |
| 13.6. MEA Tooling Market for the Composites Industry 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 |
- 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