Global Sheet Molding & Bulk Molding Compounds Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Sheet Molding & Bulk Molding Compounds market size was valued at USD 3279.4 million in 2023 and is forecast to a readjusted size of USD 4519.7 million by 2030 with a CAGR of 4.7% during review period.
Sheet moulding compound (SMC) or sheet moulding composite is a ready to mould glass-fibre reinforced polyester material primarily used in compression moulding. Bulk molding compound (BMC) or bulk molding composite is a ready to mold, glass-fiber reinforced thermoset polyester material primarily used in injection moulding and compression moulding. The material is provided in bulk or logs.
Asia-Pacific is expected to be the largest market for sheet molding & bulk molding compounds during the forecast period majorly due to the increasing electrical & electronics production in the region. China is expected to witness strong growth in the demand for sheet molding & bulk molding compounds, owing to the favorable government support to electrical & electronics industry to increase production. For instance, the Chinese government has planned to invest about USD 31.5 billion to increase the production of semiconductors. Hence, such factors are expected to drive the demand for bulk molding compounds in Asia-Pacific during the forecast period.
The Global Info Research report includes an overview of the development of the Sheet Molding & Bulk Molding Compounds industry chain, the market status of Automotive (Epoxy, Polyester), Aerospace (Epoxy, Polyester), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sheet Molding & Bulk Molding Compounds.
Regionally, the report analyzes the Sheet Molding & Bulk Molding Compounds markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sheet Molding & Bulk Molding Compounds market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Sheet Molding & Bulk Molding Compounds market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sheet Molding & Bulk Molding Compounds industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Epoxy, Polyester).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sheet Molding & Bulk Molding Compounds market.
Regional Analysis: The report involves examining the Sheet Molding & Bulk Molding Compounds market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sheet Molding & Bulk Molding Compounds market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Sheet Molding & Bulk Molding Compounds:
Company Analysis: Report covers individual Sheet Molding & Bulk Molding Compounds manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sheet Molding & Bulk Molding Compounds This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace).
Technology Analysis: Report covers specific technologies relevant to Sheet Molding & Bulk Molding Compounds. It assesses the current state, advancements, and potential future developments in Sheet Molding & Bulk Molding Compounds areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sheet Molding & Bulk Molding Compounds market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Sheet Molding & Bulk Molding Compounds market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Epoxy
Polyester
Others
Market segment by Application
Automotive
Aerospace
Construction
Sanitary and Medical
Electrical & electronics
Others
Major players covered
3M
Ten Cate
Toray Industries
Jushi Groups
Owens Corning
Industrial Dielectrics
Polynt
Hexion
Huntsman
Showa Denko
Menzolit
Astar
Plastic Omnium
Core Molding Technologies
Citadel Plastics Holdin
Changzhou Runxia Fiberglass Products
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Sheet Molding & Bulk Molding Compounds product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Sheet Molding & Bulk Molding Compounds, with price, sales, revenue and global market share of Sheet Molding & Bulk Molding Compounds from 2019 to 2024.
Chapter 3, the Sheet Molding & Bulk Molding Compounds competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Sheet Molding & Bulk Molding Compounds breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Sheet Molding & Bulk Molding Compounds market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Sheet Molding & Bulk Molding Compounds.
Chapter 14 and 15, to describe Sheet Molding & Bulk Molding Compounds sales channel, distributors, customers, research findings and conclusion.