Global Automotive Sheet Molding Compound (SMC) Market Growth 2023-2029

Global Automotive Sheet Molding Compound (SMC) Market Growth 2023-2029

Automotive sheet molding compound is a kind of sheet material with polyester resin, chopped glass fiber, fillers and auxiliary materials covered with plastic film. It is a semi-finished product of moulding compound with wide use.
LPI (LP Information)' newest research report, the “Automotive Sheet Molding Compound (SMC) Industry Forecast” looks at past sales and reviews total world Automotive Sheet Molding Compound (SMC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Sheet Molding Compound (SMC) sales for 2023 through 2029. With Automotive Sheet Molding Compound (SMC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Sheet Molding Compound (SMC) industry.
This Insight Report provides a comprehensive analysis of the global Automotive Sheet Molding Compound (SMC) 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 Automotive Sheet Molding Compound (SMC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Sheet Molding Compound (SMC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Sheet Molding Compound (SMC) 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 Automotive Sheet Molding Compound (SMC).
The global Automotive Sheet Molding Compound (SMC) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
China's major manufacturers of Automotive sheet molding compound include Jiangyin Xietong Automobile Accessories Co., Ltd., Jiangsu Chinyo Technology Co., Ltd., Disnflex Composites International(Shanghai)Co.,Ltd., JIANGSU FULIDE AVIATION MATERIALS TECHNOLOGY CO.LTD and Idi Composite Material (Shanghai) Co., Ltd. Jiangyin Xietong Automobile Accessories Co., Ltd. is a major domestic manufacturer, accounting for nearly 67% of the domestic production in 2019.
South China is the major consumer region, with east, South and North China accounting for more than 61% of the total consumer market share.
Automotive sheet molding compound can be divided into three types: functional parts, shell outer plates, and structural parts. In 2019, structural parts accounted for about 64% of the market share.
Automotive sheet molding compound can be used in passenger vehicle and commercial vehicle. In 2019, commercial vehicles consumed about 79% of Automotive Sheet Molding Compound.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Sheet Molding Compound (SMC) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Functional Parts
Car Shell Plate
Structural Parts
Segmentation by application
Passenger Vehicle
Commercial Vehicle
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 analyzing the company's coverage, product portfolio, its market penetration.
Jiangyin Xietong Automobile Accessories Co., Ltd.
Jiangsu Chinyo Technology Co., Ltd.
Disnflex Composites International(Shanghai)Co.,Ltd.
JIANGSU FULIDE AVIATION MATERIALS TECHNOLOGY CO.LTD
Idi Composite Material (Shanghai) Co., Ltd.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Sheet Molding Compound (SMC) market?
What factors are driving Automotive Sheet Molding Compound (SMC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Sheet Molding Compound (SMC) market opportunities vary by end market size?
How does Automotive Sheet Molding Compound (SMC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.