Sheet Molding and Bulk Molding Compound Market: The Importance of Collaboration in Innovation
The global sheet molding and bulk compound market size is expected to reach USD 5.90 billion by 2030, registering a CAGR of 6.39% from 2024 to 2030, according to a new report by Grand View Research, Inc. Sheet molding compound (SMC) is widely used in transportation applications because of its excellent mechanics and lightweight nature. They have electrical insulation and are resistant to fire,...
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