Global Sheet Moulding Composites Market Growth 2023-2029

Global Sheet Moulding Composites Market Growth 2023-2029

Sheet moulding composite or sheet moulding compound (SMC) is a ready to mould glass-fibre reinforced polyester material primarily used in compression moulding. Sheet molding compound (SMC) is both a process and reinforced composite material. The composite is a “ready to mold” glass or carbon fiber reinforced polyester material primarily used in compression molding. The SMC sheets are manufactured by dispersing long strands of chopped glass fibers or carbon fibers on a bath of polyester resin, vinylester resin or epoxy resin.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sheet Moulding Composites 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 Moulding Composites.

The global Sheet Moulding Composites 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 Moulding Composites 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 Moulding Composites 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 Moulding Composites 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 Moulding Composites players cover IDI Composites International, Magna, Menzolit, Continental Structural Plastics, Premix, Polynt, Molymer SSP, ASTAR and Core Molding Technologies, 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 Moulding Composites market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
General Purpose Type
Flame Resistance Type
Electronic Insulators Type
Corrosion Resistance Type
Other Types

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 analyzing the company's coverage, product portfolio, its market penetration.
IDI Composites International
Magna
Menzolit
Continental Structural Plastics
Premix
Polynt
Molymer SSP
ASTAR
Core Molding Technologies
Lorenz
MCR
Huamei New Material
Yueqing SMC & BMC
Tianma Group
Jiangshi Composite
Huayuan Group
BI-GOLD New Material
Changzhou Rixin
DIC
East China Sea composite materials
Fangda Thermoset Plastic
SIDA composites
Fu Runda Group
Devi Polymers

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sheet Moulding Composites market?

What factors are driving Sheet Moulding Composites market growth, globally and by region?

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

How do Sheet Moulding Composites market opportunities vary by end market size?

How does Sheet Moulding Composites 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.