The global tooling board market is expected to reach USD 14.31 billion by 2025, according to a new report by Grand View Research, Inc. Prototyping techniques are witnessing an increase in demand owing to the advent of advanced technologies that utilize minimal resources and create prototypes that are highly similar to the final or desired product. Tooling board are used for creating durable bonds, prototypes, models, reusable tools and patterns with the help of CNC machines. Implementation of stringent performance and safety standards across the automotive, aerospace, manufacturing, and other industrial sectors has generated high demand for durable prototypes that can actually withstand conditions of the final product. These factors, along with favorable product characteristics, such as the excellent dimensional stability, high temperature resistance, and durability of rigid PU foam& epoxy have made the material an ideal choice for prototyping. Polyurethane are widely used for manufacturing prototypes, models, composting tooling, laminating, fixtures, molds & plugs and several other industrial products. Manufacturers are always challenged to cut costs and reduce expenses through lower tooling costs while still providing a quality product to their customers. Manufacturers are attempting to lower aircraft weight and even testing models created using tooling boards to comply with stringent regulations and testing standards. Access Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/tooling-board-market Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins Grand View Research has segmented the global tooling board market on the basis of product, application, and region: Tooling Board Product Outlook (Volume, Thousand Sq. Feet; Revenue, USD Million, 2014 - 2025)
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-tooling-board-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For more information: http://www.grandviewresearch.com
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