Global Sheet Molding Composite (SMC) Market Growth 2023-2029

Global Sheet Molding Composite (SMC) Market Growth 2023-2029

Sheet molding composite (SMC) or sheet molding compound is known as a ready-to-mold glass fiber reinforced with polyester material primarily used in compression molding. The sheet is provided by the manufacturers in rolls weighing up to 1,000kg. The resin is alternatively coupled with related materials and can be mixed on-site when a manufacturer wants greater control over the chemistry and filler. This is manufactured by dispersing long strands of chopped fiber, basically glass fibers or carbon fibers on a bath of thermoset resins such as polyester resin, vinyl ester resin, and epoxy resin.

LPI (LP Information)' newest research report, the “Sheet Molding Composite (SMC) Industry Forecast” looks at past sales and reviews total world Sheet Molding Composite (SMC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Sheet Molding Composite (SMC) sales for 2023 through 2029. With Sheet Molding Composite (SMC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sheet Molding Composite (SMC) industry.

This Insight Report provides a comprehensive analysis of the global Sheet Molding Composite (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 Sheet Molding Composite (SMC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sheet Molding Composite (SMC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sheet Molding Composite (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 Sheet Molding Composite (SMC).

The global Sheet Molding Composite (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.

United States market for Sheet Molding Composite (SMC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Sheet Molding Composite (SMC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Sheet Molding Composite (SMC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Sheet Molding Composite (SMC) players cover ASTAR S.A., Core Molding Technologies, IDI Composites International, Toray TCAC Holding B.V., MENZOLIT, Polynt SpA, Showa Denko K.K., HGGC, LLC. and Continental Structural Plastics Inc., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Sheet Molding Composite (SMC) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Glass Fiber
Carbon Fiber

Segmentation by application
Automotive &Transportation
Aerospace
Electrical &Electronics
Building &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 analyzing the company's coverage, product portfolio, its market penetration.
ASTAR S.A.
Core Molding Technologies
IDI Composites International
Toray TCAC Holding B.V.
MENZOLIT
Polynt SpA
Showa Denko K.K.
HGGC, LLC.
Continental Structural Plastics Inc.
LORENZ

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sheet Molding Composite (SMC) market?

What factors are driving Sheet Molding Composite (SMC) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sheet Molding Composite (SMC) market opportunities vary by end market size?

How does Sheet Molding Composite (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.