The report provides key statistics on the market status of the leading SMC BMC market players and offers key trends and opportunities in the market.
The "Global SMC BMC Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of SMC BMC market with detailed market segmentation by application, end-use industry, and geography.
The global SMC BMC market is expected to witness high growth during the forecast period.
Sheet molding compound, or SMC, is fiber reinforced thermoset materials which are used in areas where higher mechanical strength is required.SMC processing is typically carried out by compression or injection molding technique.
SMC is manufactured in the form a flexible sheet material made out of a combination of long fiber strands, liquid thermosetting resins, and mineral fillers. Bulk Molding Compound or BMC, on the other hand, is a combination of short fiber strands, mineral fillers, and liquid thermosetting resin.
BMC compounds are exhibit excellent flow characteristics, flame resistance, and dielectric properties.
Top key Players:
- Astar S.A.
- Citadel Plastics Holdings Inc.
- Continental Structural Plastics Inc.
- Core Molding Technologies
- IDI Composites International (IDI)
- Koninklijke Ten Cate BV
- Polynt S.p.A.
- Polytec GmbH
- Showa Denko K.K.
The reports cover key developments in the SMC BMC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events.
Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players.
The global SMC BMC market is segmented on the basis of resin type, fiber type, and end-use industry. Based on type, the market is segmented as polyester and others.
On the basis of the fiber type, the market is segmented as glass fiber and carbon fiber. The market, on the basis of the end-use industry, is classified as automotive & transportation, aerospace, electrical & electronics, building & construction, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global SMC BMC market based on various segments.
It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
The report analyzes factors affecting SMC BMC market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the SMC BMC market in these regions.
The report also includes the profiles of key SMC BMC companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.