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Sheet Molding Compound Market Expected to Reach 2520 Million US$ by 2025

The global Sheet Molding Compound (SMC) market is valued at 1880 million US$ in 2017 and will reach 2520 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.

 

Los Angeles, CA -- (SBWIRE) -- 10/23/2018 -- This report studies the global Sheet Molding Compound (SMC) market status and forecast, categorizes the global Sheet Molding Compound (SMC) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

The global Sheet Molding Compound (SMC) market is valued at 1880 million US$ in 2017 and will reach 2520 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.

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The major manufacturers covered in this report

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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

General Purpose SMC

Flame Resistance SMC

Electronic Insulators SMC

Corrosion Resistance SMC

Other Type SMC

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Automotive and Commercial Vehicle

Electrical & Energy

Construction

Other Application

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