Bulk Molding Compound (BMC) is a thermoset plastic resin blend of various inert fillers, fiber reinforcement, catalysts, stabilizers, and pigments that form a viscous, 'puttylike' injection molding compound. Bulk molding compound is highly filled and reinforced with short fibers. Typical applications include demanding electrical applications, corrosion resistant needs, appliance, automotive, and transit.
Global demand of BMC will increase to 693 K MT in 2018 from 573 K MT in 2013. It is estimated that supported by downstream industries, global demand of BMC demand will keep increasing with a CAGR of 3.9% in the coming five years. In addition, similar with that of globe, the demand of BMC in China will increase from 130 K MT in 2011 to 173 K MT in 2016, accompanied with a CAGR of 3.04% in the last eight years.
Compared with foreign giants, BMC produced by Chinese manufacturers still has a certain gap. Chinese BMC manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants.
We tend to believe that this industry still has a bright future, considering the current demand of BMC. As for the entirety product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Bulk Molding Compounds (BMC) market will register a 0.5% CAGR in terms of revenue, the global market size will reach US$ 1210 million by 2024, from US$ 1170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Bulk Molding Compounds (BMC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Bulk Molding Compounds (BMC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Bulk Molding Compounds (BMC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
General BMC
Electrical BMC
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electrical Industry
Automotive Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
IDI
A.Schulman (BMCI)
SDK
Lorenz
Polynt
Tencate
Huayuan Group
Mar-Bal
Yueqing SMC&BMC
Polmix
Changzhou Fonda
Kyocera
Jiangshi Composite
Jinchuangyi Electric
Astar
Changzhou Haoyuan
Cuyahoga Plastics
Plenco
CME
Donghai Composite
Molymer Group
Aomingwei
Shimada
Wah Hong Ind
Foshan Ripeng
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bulk Molding Compounds (BMC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Bulk Molding Compounds (BMC) market by identifying its various subsegments.
Focuses on the key global Bulk Molding Compounds (BMC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bulk Molding Compounds (BMC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bulk Molding Compounds (BMC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Bulk Molding Compounds (BMC) . Industry analysis & Market Report on Bulk Molding Compounds (BMC) is a syndicated market report, published as Global Bulk Molding Compounds (BMC) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Bulk Molding Compounds (BMC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.