Global Assembled Roving for Sheet Moulding Compound Market Growth 2024-2030
Assembled roving for sheet moulding compound (SMC) consists of continuous glass fibers bundled together. These fibers are used as reinforcement in SMC, a type of composite material used in automotive and industrial applications for their strength and lightweight properties.
The global Assembled Roving for Sheet Moulding Compound market size is projected to grow from US$ 446 million in 2024 to US$ 576 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Assembled Roving for Sheet Moulding Compound Industry Forecast” looks at past sales and reviews total world Assembled Roving for Sheet Moulding Compound sales in 2023, providing a comprehensive analysis by region and market sector of projected Assembled Roving for Sheet Moulding Compound sales for 2024 through 2030. With Assembled Roving for Sheet Moulding Compound sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Assembled Roving for Sheet Moulding Compound industry.
This Insight Report provides a comprehensive analysis of the global Assembled Roving for Sheet Moulding Compound landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Assembled Roving for Sheet Moulding Compound portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Assembled Roving for Sheet Moulding Compound market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Assembled Roving for Sheet Moulding Compound and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Assembled Roving for Sheet Moulding Compound.
The market for assembled roving in SMC is growing due to the increasing use of composite materials in automotive manufacturing to reduce weight and improve fuel efficiency. The demand for durable and lightweight materials in construction and electronics also contributes to this growth.
This report presents a comprehensive overview, market shares, and growth opportunities of Assembled Roving for Sheet Moulding Compound market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
tex 600
tex 735
tex 1200
tex 2400
tex 4800
Others
Segmentation by Application:
Automotive
Electrical & Energy
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Owens Corning
Jushi Group
Nippon Electric Glass Co., Ltd.
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nittobo
Saint-Gobain Vetrotex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Assembled Roving for Sheet Moulding Compound market?
What factors are driving Assembled Roving for Sheet Moulding Compound market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Assembled Roving for Sheet Moulding Compound market opportunities vary by end market size?
How does Assembled Roving for Sheet Moulding Compound break out by Type, by Application?
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