Sheet-Molding Compound and Bulk-Molding Compound Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-613 | Report Format : | Status : Upcoming |

Abstract

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Overview

Sheet-molding compounds (SMC) are used in various applications in the automotive sector such as hoods, deck-lids, bonnets, front ends, and spoilers. However, bulk-molding compounds (BMC) are used in several automotive parts such as ignition parts, headlight liners, and valve covers. Sheet-molding compounds and bulk-molding compounds offer immense superior features compared to other traditional compounds, which are made up of iron and steel. These compounds are highly demanding in the automotive sector for fuel-efficient vehicles.

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Growth Factors

The global market is experiencing higher growth owing to increasing automation, integration of entire value chain of the process industries, and technological advancements. Moreover, growth in the transportation industry is anticipated to fuel the global sheet-molding compound and bulk-molding compound market growth in the future. Increasing urbanization further enhances the global market. The sheet-molding compound and bulk-molding compounds are highly utilized in the transportation application due to properties such as lightweight and good mechanics. Moreover, the escalating demand for fuel-efficient vehicles also acts as a crucial component in the growth of the global sheet-molding compound and bulk-molding compound market. These compounds comprise properties such as good electrical insulation, high corrosion resistance, fire & flame resistance, and high strength and rigidity, which provide ample growth opportunities in the global sheet-molding compound and bulk-molding compound market. Increasing consumer awareness regarding the flow control and growth in urbanization may propel the global market growth in the next few years.

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Segmentation

The glass fiber is the dominating segmented in the global sheet-molding compound and bulk-molding compound market. However, transportation is expected to hold largest market chunk in the global sheet-molding compound and bulk-molding compound market. This trend is followed by electrical and construction application and is expected to continue its dominance in the future.

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Regional Analysis

Asia Pacific is the dominating region for sheet-molding compound and bulk-molding compound market. However, China contributed for a major market, which is expected to witness significant growth in the global sheet-molding compound and bulk-molding compound market. China has the presence of a large number of electrical and automobile manufacturers due to low raw material prices.

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Competitive Players

Key players in the global sheet-molding compound and bulk-molding compound market include Changzhou Runxia Fiberglass Products Co., Ltd., Menzolit GmbH, Continental Structural Plastics Inc., and IDI Composite International. Other major players in the global market are Core Molding Technologies Inc., Royal Tencate, Citadel Plastics Holding Inc., Showa Denko K.K., and Polynt S.P.A.

Global Sheet-Molding Compound and Bulk-Molding Compound Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Silicon Metal Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2537 | Report Format:

Global Silicon Metal Market: Overview In terms of mass, silicon is the 8th most common element in the cosmos and is the 2nd most plentiful element in the crust of the Earth. It is present naturally in the silicate minerals, comprising feldspar, mica, and silica, which are main constituents of co...Read More

Bio-plastics Market (Bio-PET, Starch Blends, PLA, Bio-PA, Bio-PE and Others) for Automotive, Construction, Packaging, Consumer Goods, Electrical & Electronics and Other Applications: Global Market Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Jan-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2533 | Report Format:

The report of the bio-plastics market provides the comprehensive glance on the global and regional level. The study provides historic data of 2014 to 2016 along with a forecast from 2017 to 2022 based revenue and volume. The study includes major driving forces and restraints for the bio-plastics m...Read More

Biochemical Reagents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2532 | Report Format:

Global Biochemical Reagents Market: Overview Biochemical reagents are referred to as the organic compounds or biological material associated with clinical diagnostics, medical research reagents, and life science research. The basic constituents of organisms removed from the organism or synthesiz...Read More

Bath Salts Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2520 | Report Format:

Global Bath Salts Market: Overview Bath salts are minerals that are soluble in water and are added during bathing to the water. They are acknowledged to cure a range of diseases and are vastly advisable by the health professionals for use on a daily basis. They aid to lessen skin issues, enhance...Read More

Glutamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2483 | Report Format:

Glutamic Acid Market: Overview The alternative name for the glutamic acid is proteinogenic amino acid. It is generally used in several protein compounds. They are found in the cereals, certain type of algae, meat, and soy protein. It is used in the processed food products for improving the flavo...Read More

Choose License Type:
Latest Published Reports

View All Published Reports