The demand within the global market for polyurethane tooling board is projected to reach new heights in the years to come. The wide range of industries that use these tooling boards for multiple functions has played a key role in the growth of the global market for polyurethane tooling board. Furthermore, the favourable properties of polyurethane have also played a major role in the growth of the global market in recent times. The use of sustainable materials is a trend that has gained momentum over the past decade. It is expected that this trend will play a pivotal role in popularising polyurethane tooling boards. The investments made towards improving the intrinsic industrial operations of multiple industries shall also aid market growth.
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Growth of End-Use Industries
The use of polyurethane tooling board in the automotive sector has become a key driver demand within the global market. Several micro-level functionalities are accomplished on tooling boards across the automotive sector. The high coefficient of thermal expansion (CTE) of polyurethane has led to the development of improved and durable polyurethane tooling board. This factor has also played a major role in the growth of the global market for polyurethane tooling board in recent times.
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Polyurethane Tooling Board Market in North America
The industrial sector across the US and Canada has been gathering momentum in recent times. This factor has led to the use improved tooling kits in these countries which has in turn popularised the polyurethane tooling board market in North America. The regional market for polyurethane tooling board has also expanded on account of the popularity recyclables in the US.