Sheet molding compound (SMC) is both a process and reinforced composite material. The composite is a “ready to mold” glass or carbon fiber reinforced polyester material primarily used in compression molding. The SMC sheets are manufactured by dispersing long strands of chopped glass fibers or carbon fibers on a bath of polyester resin, vinylester resin or epoxy resin.
A key variable in the performance of SMC producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of SMC include SMC-specific unsaturated polyester resin, glass fiber, carbon fiber, etc. The prices of SMC-specific unsaturated polyester resin follow the oil price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a ‘pass through’ clause that smooth the impact.
According to this study, over the next five years the Sheet Molding Compound (SMC) market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 2360 million by 2024, from US$ 1880 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sheet Molding Compound (SMC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sheet Molding Compound (SMC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Sheet Molding Compound (SMC) 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 Purpose SMC
Flame Resistance SMC
Electronic Insulators SMC
Corrosion Resistance SMC
Other Type SMC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive and Commercial Vehicle
Electrical & Energy
Construction
Other Application
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 Composites International
Magna
Menzolit
Continental Structural Plastics
Premix
Polynt
Molymer SSP
ASTAR
Core Molding Technologies
Lorenz
MCR
Huamei New Material
Yueqing SMC & BMC
Tianma Group
Jiangshi Composite
Huayuan Group
BI-GOLD New Material
Changzhou Rixin
DIC
East China Sea Composite Materials
Fonda Thermoset Plastic
SIDA Composites
Fu Runda Group
Devi Polymers
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 Sheet Molding Compound (SMC) 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 Sheet Molding Compound (SMC) market by identifying its various subsegments.
Focuses on the key global Sheet Molding Compound (SMC) 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 Sheet Molding Compound (SMC) 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 Sheet Molding Compound (SMC) 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 Sheet Molding Compound (SMC) . Industry analysis & Market Report on Sheet Molding Compound (SMC) is a syndicated market report, published as Global Sheet Molding Compound (SMC) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sheet Molding Compound (SMC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.