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The global tooling board market size is expected to reach USD 13.11 billion by 2027 and expected to expand at a CAGR of 3.9% from 2020 to 2027.
Increasing enhancements in aerospace and defense equipment are expected to drive the demand for tooling board over the forecast period.
Adoption of vacuum forming at elevated temperature for medium and high temperature curing prepreg application in the aerospace and defense, automotive, and marine industries is expected to have a positive impact on the market growth. These highly developed PU and epoxy models are gaining popularity owing to their significant advantages over wood, steel, and other medium products.