Composite Tooling Market to Reach USD 1.1 Billion by 2035, Growing at 6.3% CAGR | Formaplex, Gurit Holding AG, Hexcel Corporation

According to recent analysis, the global composite tooling market is expected to grow from USD 0.6 Billion in 2025 to USD 1.1 Billion by 2035, registering a robust CAGR of 6.3% during the forecast period. This growth is spurred by light weight, high strength composite tooling solutions with a thermal stability, especially in aerospace, automotive, and wind energy.

While composite components increase in complexity and manufacturers are being pressured to manufacture faster and more accurately, companies are adopting advanced automated and hybrid tooling technologies. In 2024, Hexcel and Toray took their modular composite tooling platforms to the next level to support next-generation aircraft and EV components, establishing a new standard for accuracy and durability. With the rising demand for lightweight structures and sustainable manufacturing, the composite tooling market is expected to grow steadily and innovatively as it heads toward 2035.

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Regional Analysis of Composite Tooling Market

The composite tooling market is primarily located in North America with support from aerospace, defense, and automotive, and advanced manufacturing technology sectors. The U.S. and Canada are investing heavily in the development of lightweight, high-precision tooling for applications in aircraft, EVs, and wind energy components.

Further, Europe follows closely with growth in aerospace and renewable energy applications. Asia Pacific regions are seeing significant uptake due to industrialization and growth in EV production in China, Japan, and India. Latin America and the Middle East & Africa remain in a position of emerging markets with limited yet growing opportunities.

Key players in the global composite tooling market include prominent companies such as AdamWorks, LLC, Airtech Advanced Materials Group, Cytec Solvay Group, Formaplex, Gurit Holding AG, Hexcel Corporation, Huntsman Corporation, Mitsubishi Chemical Corporation, Owens Corning, PRF Composite Materials, Rampf Group, Inc., Royal TenCate N.V., Sika AG, Solvay S.A., Startasys, Teijin Limited, Toray Industries, Inc., Trelleborg AB, Weber Manufacturing Technologies Inc., and other key players, along with several other key players contributing to market growth through innovation, strategic partnerships, and global expansion.

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Key Driver, Restraint, and Growth Opportunity Defining the Composite Tooling Market

The composite tooling industry is expected to continue to grow rapidly, with interest in composites from the aerospace and automotive sectors and high-performance industrial applications where low mass, structural integrity and thermal stability are crucial. Today, advanced composite tooling has incorporated elements such as additive manufacturing, modular tooling, and automation to deliver a better product to users, while increasing accuracy, decreasing total cycle times and allowing for more complex component designs. In 2024, Hexcel and Toray ramped up production capabilities for modular and a more automated composite tooling offering to support next-generation aircraft and electric vehicle components, and this established a metric for quality and efficiency consistent with those products.

Risks remain in the composite space, including rising raw material costs, complicated manufacturing processes, and specialized labor requirements that deter individual and smaller organizational participation, which also leads to increased dependence by OEMs on their tier 1 supplier.

Simultaneously, there is a public will from government agencies to increase clean energy and aerospace hardware manufacturing in North America, as well as some degree of responsible reshoring of manufacturing back into North America. This is generating new opportunities, creating ecosystem development for their third-party suppliers, and fuelling adoption of advanced composite tooling throughout the world.

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Recent Development and Strategic Overview:

In April 2025, Solvay S.A. continued to build its composite tooling portfolio by introducing next-generation epoxy tooling prepregs designed for large aerospace and wind turbine components. The next-generation epoxy tooling prepregs offer outstanding thermal stability, extended out-time, and reduced volatiles. These prepregs are designed with the goal of helping manufacture composite material parts sustainably and will help maintain accuracy and repeatability, while producing composite material parts, in high volumes.

In March 2025, Airtech Advanced Materials Group introduced its newest range of specialty vacuum bagging films and release films for tooling applications in aerospace composites. These materials are specifically formulated to sustain temperature processing, shorten cycle times, and improve mold surface quality, providing manufacturers with better cost-management and scalability in advanced composites.

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Key Trend: Advancement of High-Temperature and Rapid-Cycle Tooling Enabling Scalable Production

Composite tooling is developing to serve industries that require quicker cycle times and durability in high-temperature processing (e.g., aerospace, EVs, wind energy). Demand for tooling is being accelerated even further by allowing wider industry utilization through digital designs and automation.

Huntsman Advanced Materials recently announced epoxy-based tooling systems designed for rapid thermal cycling, enabling manufacturers to scale production while maintaining precision in manufactured parts. Airtech Advanced Materials Group is working with a digital twin to enhance performance in composite tooling, enabling manufacturers to evaluate performance as a function of design prior to the initiation of manufacturing a physical part.

Automotive suppliers are increasingly using out-of-autoclave composite tooling systems to reduce costs while addressing the increased demand for lightweight EV parts.

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