DALLAS, Oct. 23, 2018 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the epoxy tooling board market looks promising with opportunities in the transportation, aerospace, wind energy, and marine industries. The global epoxy tooling board market is expected to grow at a CAGR of 5.7% from 2018 to 2023. The major growth driver is increasing demand of epoxy tooling boards for prototypes of formula one car and aircrafts.
Browse 22 market data tables and 47 figures spread through 125 pages and in-depth TOC on “Global Epoxy Tooling Board Market" at https://www.lucintel.com/epoxy-tooling-board-market.aspx
In this market, transportation, wind energy, aerospace, marine and others are used for epoxy tooling board manufacturing for application. On the basis of comprehensive research, Lucintel forecasts that the transportation is expected to remain the largest end use industry. Excellent dimensional stability, low coefficient of thermal expansion, chemical inertness, and suitability to use at temperatures up to 130°C are the properties that will drive the growth of epoxy tooling boards. Wind energy is expected to witness the highest growth in the forecast period due to increase in penetration of epoxy tooling board in wind blade application. Download Free PDF Brochure @ https://www.lucintel.com/epoxy-tooling-board-market.aspx#/
Europe is expected to remain the largest market with higher production of formula one car. Asia Pacific is expected to witness the highest growth over the forecast period due to increase in the transportation and aerospace end use industries. Pre-Purchase Query click https://www.lucintel.com/epoxy-tooling-board-market.aspx#/
Emerging trends, which have direct impact on the dynamics of the epoxy tooling industry, are development of low cost and high temperature resistance tooling boards. Trelleborg, RAMPF Tooling Solutions, Huntsman, SikaAxson, Base Group, and Stevik and others are among the major suppliers of epoxy tooling board.
Lucintel, a leading global market research firm has analyzed & forecast growth opportunities in the global epoxy tooling board market by application, density, and region and has compiled a comprehensive research report entitled “Growth Opportunities in the Global Epoxy Tooling Board Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com.