Sheet and Bulk Molding Compound Market to Witness Steady Growth
Stratview Research publishes a new report titled Sheet and Bulk Molding Compound Market which is segmented by Fiber Type (Glass Fiber, Carbon Fiber), by Resin Type (Polyester, Others), by Application Type (Transportation, Electrical & Electronics, Construction, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
Sheet and bulk molding compound market is likely to grow from USD 2.68 billion in 2021 to USD 4.72 billion by 2028 at an impressive CAGR of 8.27% during the forecast period. The global SMC and BMC market registered significant growth in the earlier few years, bearing high claim for lightweight and remarkable mechanical properties material, in the U.S., Germany, and emerging economies, such as Brazil, the Middle East, and China. The burgeoning transportation and electrical & electronics sectors in these countries are driving the growth of the sheet and bulk molding compound market globally.
Why is this report beneficial?
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.
Key players active in the market –
The following are some of the key players in the Sheet and Bulk Molding Compound Market:
· Astar S.A.
· Citadel Plastics Holdings Inc.
· Core Molding Technologies Inc.
· Continental Structural Plastics Inc.
· Changzhou Runxia Fiberglass Products Co., Ltd.
· IDI Composites International
· Menzolit GmbH
· Polynt S.P.A
· Royal Tencate N.V.
· Showa Denko K.K.
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Customization of the report –
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