Tooling Composites Market

By Application;

Aerospace, Automotive, Construction, Wind Energy and Others

By Raw Material;

Polyester, Glass Fiber, Vinyl Esters and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn346636600 Published Date: September, 2025 Updated Date: November, 2025

Tooling Composites Market Overview

Tooling Composites Market (USD Million)

Tooling Composites Market was valued at USD 676.37 million in the year 2024. The size of this market is expected to increase to USD 1,096.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.


Tooling Composites Market

*Market size in USD million

CAGR 7.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.1 %
Market Size (2024)USD 676.37 Million
Market Size (2031)USD 1,096.80 Million
Market ConcentrationMedium
Report Pages384
676.37
2024
1,096.80
2031

Major Players

  • Airtech Advanced Materials Group
  • Hexcel
  • Koninklijke Ten Cate

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Tooling Composites Market

Fragmented - Highly competitive market without dominant players


The Tooling Composites Market is witnessing steady momentum as industries seek lightweight, durable, and cost-efficient solutions for mold-making and prototyping. Around 45% of manufacturers are adopting composites to reduce downtime and streamline productivity. Their resilience to thermal and mechanical stress makes them highly reliable for critical sectors such as aerospace and automotive.

Efficiency and Cost Optimization
Compared to conventional materials, tooling composites enable a 20% faster cycle time, making them a preferred option for industries focused on efficiency. Their reduced density contributes to lower energy usage and easier handling, ensuring long-term savings. This balance of strength, weight reduction, and operational efficiency is accelerating adoption.

Technological Advancements Fueling Growth
Continuous improvements in fiber reinforcements and resin technology have enhanced composite durability by nearly 30%. With sustainability gaining importance, about 40% of newly developed composites now utilize eco-friendly materials. These innovations not only improve performance but also align with evolving green manufacturing practices.

Broadening Scope of Applications
Beyond aerospace and automotive, tooling composites are increasingly being used in wind energy, marine, and defense industries. Reports show a 35% surge in adoption for large-scale tooling needs, especially in projects requiring complex geometrical structures. This adaptability is expanding the market’s relevance across multiple sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Raw Material
    3. Market Snapshot, By Region
  4. Tooling Composites Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Lightweight Materials

        2. Advancements in Composite Manufacturing Technologies

        3. Growing Aerospace and Automotive Industries

      2. Restraints
        1. High Cost of Tooling Composites

        2. Complexity in Manufacturing and Processing

        3. Limited Availability of Raw Materials

      3. Opportunities
        1. Expansion in Emerging Markets

        2. Innovations in Composite Materials

        3. Increasing Adoption in Automotive and Aerospace

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Tooling Composites Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace
      2. Automotive
      3. Construction
      4. Wind Energy
      5. Others
    2. Tooling Composites Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Polyester
      2. Glass Fiber
      3. Vinyl Esters
      4. Others
    3. Tooling Composites Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hexcel Corporation
      2. Toray Industries, Inc.
      3. Solvay S.A.
      4. SGL Carbon SE
      5. Huntsman Corporation
      6. Chomarat Group
      7. Axiom Materials
      8. Gurit Services AG
      9. Airtech Advanced Materials Group
      10. Mitsubishi Chemical Holdings Corporation
      11. Owens Corning
      12. Teijin Limited
      13. Barrday Inc
      14. SABIC
      15. Jushi Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market