Sheet Molding And Bulk Molding Compound Market Size, Share & Trends Analysis Report By Resin Type (Epoxy, Polyester), By Fiber Type (Glass Fiber, Carbon Fiber), By Application, By Region, And Segment Forecasts, 2024 - 2030
Sheet Molding And Bulk Molding Compound Market Size, Share & Trends Analysis Report By Resin Type (Epoxy, Polyester), By Fiber Type (Glass Fiber, Carbon Fiber), By Application, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global sheet molding and bulk molding compound market size was valued at USD 3.83 billion in 2023 and is expected to grow at a CAGR of 6.29% from 2024 to 2030. Sheet Molding compound (SMC) and bulk molding compound (BMC) are composite materials made from thermosetting resins, typically polyester, combined with fillers, fiber reinforcements, and other additives. These materials offer exceptional strength-to-weight ratios, corrosion resistance, and design flexibility, making them ideal for automotive, electrical, construction, and aerospace applications.
The growth of SMC and BMC is largely attributed to the automotive industry's increasing focus on reducing vehicle weight to improve fuel efficiency and meet stringent emission regulations. Additionally, the construction sector's demand for durable and lightweight materials is expected to drive further market expansion. The development of advanced SMC and BMC formulations with enhanced properties, such as improved fire resistance and electrical conductivity, is also anticipated to open new avenues for market growth.
Global Sheet Molding And Bulk Molding Compound Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented sheet molding and bulk molding compound market report based on resin type, fiber type, application, and region:
Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Epoxy
Polyester
Fiber Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Glass Fiber
Carbon Fiber
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Domestic Appliances
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
Asia Pacific
China
India
Japan
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Please note The report will be delivered in 4-8 business days upon order notification.
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Human Centric Lighting Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.3.3. Industry Opportunities
3.4. Human Centric Lighting Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Human Centric Lighting: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Human Centric Lighting: Product Movement Analysis, USD Billion, 2023 & 2030