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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