Sheet and Bulk Molding Compound Applications to Drive Global Market to Reach USD 3,531.1 Million by 2021
Global Sheet Molding Compound and Bulk Molding Compound Market Information by Type (Glass Fiber and Carbon Fiber), by Application (Transportation, Electrical and Construction), and Region – Forecast to 2021
Pune, India – August 29, 2017 /MarketersMedia/ —
Synopsis of the Sheet and Bulk Molding Compound Market:
Market Highlights and Forecast:
Sheet Molding Compound (SMC) is a fiber protected polymer matrix composite material which offers a range of beneficial properties that are demanded by various modern applications. Bulk Molding Compound (BMC) is any combination of cut glass components and resin in the form of a bulk pre-preg. Bulk molding compound is mainly suitable either for compression or injection molding. Transportation, electrical, construction and other applications such as aerospace, automotive, marine and consumer industries are increasing using sheet molding compound to take better advantage of its performance. Glass fiber is expected to hold the maximum market share of USD 589.5 million by 2021, growing at a CAGR of 6.7%. The Global Sheet Molding Compound and Bulk Molding Compound Market is expected to and reach USD 3,531.1 Million at the end of the forecasted period and is expected to show a staggering growth at CAGR of 6.5% from 2016 to 2021.
Regional Analysis of Global Sheet Molding Compound and Bulk Molding Compound Market:
APAC will expand at a CAGR 7.2% over the forecast period with largest market size of USD 1,885.2 million by 2021. The share is attributed to the growing transportation and electrical & electronics industries in this region. China stands on the top most position as producers and consumer which account the total of around 50% of the global market.
However Europe is expected to acquire a market share of USD 923.7 million and will expand at a CAGR 4.9% by 2021. It is followed by U.S.
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Key Players:
The key players of global Sheet Molding Compound and Bulk Molding Compound Market report include-
• IDI Composite International
• Citadel Plastics Holding Inc.
• Menzolit GmbH
• Polynt S.P.A
• Core Molding Technologies Inc.
• Continental Structural Plastics Inc.
• Showa Denko K.K.
• Changzhou Runxia Fiberglass Products Co., Ltd.
• Royal Tencate
Market Segments:
Global Sheet Molding Compound and Bulk Molding Compound market is segmented on the basis of Type, Application, and Region. On the basis of type it is segmented as glass fiber and carbon fiber. On the basis of application it is segmented as transportation, electrical and construction. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
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Key Chapters Covered in Report:
1. Industry Overview of Sheet Molding Compound and Bulk Molding Compound Sheet Molding Compound and Bulk Molding Compound
2. Manufacturing Cost Structure Analysis of Sheet Molding Compound and Bulk Molding Compound
3. Global Market Size (Volume and Value), Sales and Sale Price Analysis of Sheet Molding Compound and Bulk Molding Compound
4. USA Market Size (Volume and Value), Sales, Sale Price and End Users Analysis of Sheet Molding Compound and Bulk Molding Compound
5. Europe Market Size (Volume and Value), Sales, Sale Price and End Users Analysis of Sheet Molding Compound and Bulk Molding Compound
6. China Market Size (Volume and Value), Sales, Sale Price and End Users Analysis of Sheet Molding Compound and Bulk Molding Compound
7. Japan Market Size (Volume and Value), Sales, Sale Price and End Users Analysis of Sheet Molding Compound And Bulk Molding Compound
8. Company Profile
9. Global Production Analysis of Sheet Molding Compound and Bulk Molding Compound by Regions
10. Global and Major Regions Market Size (Volume and Value) Forecast Of Sheet Molding Compound and Bulk Molding Compound
11. Marketing Trader or Distributor Analysis of Sheet Molding Compound and Bulk Molding Compound
12. New Project Investment Feasibility Analysis of Sheet Molding Compound and Bulk Molding Compound
13. Conclusion of The Global Sheet Molding Compound and Bulk Molding Compound Consumption 2016 Market Research Report
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