Boston, MA -- (SBWIRE) -- 03/22/2016 -- Composite materials are made of two or more constituents that have different physical or chemical properties. These combined materials produce a different material with features that are different from the original components.
The components remain separate and distinct within the finished structure. These composite materials are preferred in many applications for as they are stronger, lighter, and cheaper than traditional materials.
The tooling molds can be made from carbon fiber or epoxy, solid graphite, castable graphite, ceramics, or metals - aluminum or steel.

Technavio's analysts forecast the global tooling composites market to grow at a CAGR of 7.43% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global tooling composites market for 2016-2020. The report considers the revenue generated from the use of tooling composites in transportation, construction, aerospace, and consumer goods to calculate the market size.

Get More Details on this Report and a Full Table of Contents at Global Tooling Composite Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Tooling Composite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Airtech International
-Cytec
-Hexcel
-Sika
-TenCate

Other prominent vendors

-BASF
-Celanese
-Composites One
-DuPont
-GKN Aerospace
-Honeywell International
-Hyosung
-Kolon
-Magna International
-Teijin
-Valeo

Market driver

-Rising demand for lightweight fiberglass composites
-For a full, detailed list, view our report

Market challenge

-Volatile costs of raw materials
-For a full, detailed list, view our report

Market trend

-Global emphasis on green infrastructure
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Airtech International, Cytec, Hexcel, Sika, TenCate, BASF, Celanese, Composites One, DuPont, GKN Aerospace, Honeywell International, Hyosung, Kolon, Magna International, Teijin, Valeo

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