Bulk Molding Compound (BMC) Market to Grow at a CAGR of 4.6% to reach US$ 1,650.58 Million from 2020 to 2027

Bulk Molding Compound (BMC) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Resin Type (Polyester, Vinyl Resin, and Others), Fiber Type (Glass Fiber and Carbon Fiber), and Application (Electrical Industry, Automotive Industry and Others), and Geography

Publication Month: Sep 2020 | Report Code: TIPRE00014763 | No. of Pages: 177 | Category: Chemicals and Materials | Status: Published
Covid

The bulk molding compound (BMC) market was valued at US$ 1,167.64million in 2019 and is projected to reach US$ 1,650.58million by 2027; it is expected to grow at a CAGR of 4.6% during the forecast period 2020 - 2027

 

Bulk molding compound (BMC) is a ready-to-mold, glass-fiber reinforced thermoset polymer material used in compression molding, along with injection molding and transfer molding. BMC is manufactured by mixing unsaturated thermoset resin-like polyester resin, vinyl ester resin, or epoxy resin together with strands of chopped glass fibers, styrene, an initiator, and a filler in a mixer. The mixing for the preparation of BMC is done at room temperatures and stored at low temperatures to slowdown curing before molding.

 

The demand for lightweight materials with high tensile strength is rising among several sectors, such as automotive, aerospace, and construction. The use of lightweight materials directly impacts the overall dynamics and structure of components in which they are used. BMC is one such compound material, manufactured with the help of thermosetting polymeric matrices. The material used in bulk molding composites possesses several properties such as good mould ability, high dimensional stability, excellent mechanical and electrical properties, and resistance from chemical and corrosion. Also, it is lightweight and quite economical, which makes it an ideal component to be used across several applications. The demand for BMC has considerably increased across the automotive and aerospace industries owing to rising advancements and innovations in these industries.

Weight and strength are two important factor that determine the strength of a vehicle. A slight reduction in the weight improves the performance of a vehicle. Composites have become a core strategic material for automotive OEMs and aerospace components. Thus, increasing use of BMC in the automotive and aerospace industries offers a great scope for the growth of the bulk molding compound (BMC) market across the world. Also, the BMC composites are gaining traction in several electrical & electronics applications owing to their properties such as resistance toward heat and corrosion, dimensional stability, and others. Therefore, with growing demand for lightweight, high strength and fire resistance materials in various end-use industries, the market for BMC is expected to rise.

 

North America is expected to hold the largest share of the global bulk molding compound (BMC) market during the forecast period. This mainly attributed to the fact that several domestic and international companies have a strong foothold in North American. These companies are continuously enhancing the overall business processes to meet customers demands in the best possible way. The region largely supports the growth of the bulk molding compounds (BMC) market through effective manufacturing and trade policies. BMC is a fiber-reinforced polymer composite which is known for its higher mechanical strength, high dimensional stability, excellent electrical properties and many other relative properties. Owing to such properties, BMC is used in several end-use industries such as automotive and transportation, aerospace, and building and construction. Therefore, the growth in these industries in the region is expected to drive the growth of the bulk molding compound(BMC) market. Demand for BMC is high, and industrialists are eyeing for opportunities to expand their business operations with improving economic conditions.

 

COVID-19 outbreak started in Wuhan (China) in December 2019 and has rapidly spread around the globe. The US, India, Brazil, Russia, Spain, Mexico, and Argentina are among the most affected countries with the largest number of COVID-19 cases and pronounced deaths, as of September 2020.The COVID-19pandemicis affecting economies and undertakings due to imposed lock downs, travel bans, and business shutdowns. The global chemicals and materials is one of the major businesses enduring supply chain restrictions, and manufacturing disruptions due to lockdown and office shutdowns. All these factors have greatly affected the growth of the global bulk molding compound (BMC) market.

 

Global Bulk Molding Compound (BMC) Market

Global Bulk Molding Compound (BMC) Market

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Market Insights

Growth of Construction Industry

Construction is considered to be one of the most dynamic industrial sectors which are significantly related to the evolution of better societies across the world. The emerging trends which have a direct impact on the construction industry include growing demand for green construction to minimize the impact of carbon footprint, use of improved materials and use of fiber-reinforced polymer composites for the rehabilitation of aging structures. With the growth of construction industry, the demand for lightweight and strong materials has propelled, which in turn, drives the demand for BMC. These compounds are preferred over other traditional materials, such as iron, aluminum, and steel, and are considered as an important material in the field of fiber-reinforced plastics. Moreover, they can be ideally be used to suit the dynamic requirements of the processing industry. BMC compounds comprises of several properties such as light weight, long life, better mechanical properties, resistant to fire, corrosion & chemical, low smoke emission, and good abrasion resistant surface. The combination of several properties offers better design versatility, which makes it better material than metals. The building and construction sector uses BMC in the production of panels for building façades, sports stadiums seats, water tanks, door skins, access chambers, manhole covers, cable trays, etc.

 

Resin Type Insights

Based on resin type, the bulk molding compound(BMC) market is further segmented into polyester, vinyl resin, and others. The others segment is sub segmented into vinyl ester and epoxy resin. In 2019, the polyester segment dominated the market. BMC composites are made up of polyester resin coupled with various fibers. Fibers manufactured from polyesters are made up of stable. Strong ion molecules, filament, tow, and fiberfill are the four basic forms of polyester. These composites are used in various end-use industries including automotive, construction, and electronics. Compared to other resins, the processing of polyester is easy, cost-effective, and it does not need post-curing. Currently, the polyester manufacturers are working upon new and improved formulations with better mechanical properties. Polyester resins are formed by the reaction between polyols, such as glycol or ethylene glycol, and dibasic acids, such as phthalic acid or maleic acid. These unsaturated resins are combined with other chemicals called hardeners or catalysts, which changes the molecular structure of the resulting compound along with the generation of heat.

 

Global Bulk Molding Compound (BMC)Market, by Resin Type– 2019 and 2027

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Fiber Type Insights

Based on fiber type, the bulk molding compound (BMC) market is further bifurcated into glass fiber and carbon fiber. In 2019, the glass fiber segment dominated the market. Glass is the oldest and most familiar form of performance fibers which are prominently used across various end-use industries. Glass fibers are looked upon as versatile class of materials which are extensively used as a reinforcement fiber for polymeric resins including epoxy and unsaturated polyester. Although, the glass fibers possess less stiffness compared to other reinforcement fibers, it exhibits other distinct advantages such as high strength with low density and cost-effectiveness. Such kind of fibers contain high tensile strength and good stiffness along with chemical resistance. Compared to carbon fibers, glass fibers are quite cheaper, less brittle, and are easily available in the market. Further, its bulk strength and weight properties are considered ideal compared to other metals, and it can be easily manufactured by using molding processes.

 

Application Type Insights

Based on application, the bulk molding compound (BMC) market is further segmented into electrical industry, automotive industry and others. In 2019, the electrical industry segment dominated the market. Electrical applications of BMC were one of the earliest industrial users of composites. The composite material offers lower weight and toughness compared to ceramic parts, and it has better pigment ability than phenolic molding materials. BMC composites provide an ideal combination of chemical resistance, mechanical strength, electrical insulation, and heat resistance. BMC is recommended to achieve the best results and to maximize the benefits by using these composites in the electrical and electronic industry. BMC is used in low voltage and medium voltage energy systems, cabinets, junction boxes, fuses and switchgear, motor and anchor insulations, encapsulation of wiring and electronic circuits, electrical components with reduced surface resistivity, and in lamp housings. The ability to tailor BMC composites to precisely meet processing and end-user needs is a major benefit over other metals. Automotive OEMs along with consumer electrical goods are well supported when designed in BMC.BMC combines excellent electrical and mechanical properties coupled with good mouldability and high dimensional accuracy in the finished goods.

 

Strategic Insights

A few key players operating in the global bulk molding compound (BMC) market are Toray TCAC Holding B.V, Core Molding Technologies., IDI Composites International and Showa Denko. These companies are implementing new product developments, and mergers and acquisitions strategies to enlarge the customer base and gain significant market share across the world, which in turn, permits them maintain their brand name in the global market.


Bulk Molding Compound (BMC) Market, by Resin Type

  • Polyester
  • Vinyl Resin
  • Others

Bulk Molding Compound (BMC) Market, by Fiber Type

  • Glass Fiber
  • Carbon Fiber

Bulk Molding Compound (BMC) Market, by Application

  • Electrical Industry
  • Automotive Industry
  • Others

Company Profiles

  • Astar S.A.
  • Core Molding Technologies
  • IDI Composites International
  • Toray TCAC Holding B.V.
  • Menzolit
  • PolyntSpA
  • Showa Denko K.K
  • Dasyc S.A
  • Lorenz Kunststofftechnik GMBH
  • HGGC, LLC

 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.             Bulk Molding Compound (BMC) Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Expert Opinion

5.             Bulk Molding Compound (BMC) Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Rising demand for lightweight, high strength, and fire resistance materials

5.1.2        Growth of construction industry

5.2       Market Restraints

5.2.1        High Cost of Raw Materials in Comparison With Traditional Materials

5.3       Market Opportunities:

5.3.1        Adoption of sustainable materials

5.4       Future Trends:

5.4.1        Technological Innovations related to Bulk Molding Compounds (BMC) Market

5.5       Impact Analysis

6.             Bulk Molding Compound (BMC)– Global Market Analysis

6.1       Bulk Molding Compound (BMC) Market Overview

6.2       Bulk Molding Compound (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

6.3       Market Positioning

7.             Global Bulk Molding Compound (BMC) Market Analysis – By Resin Type

7.1       Overview

7.2       Bulk Molding Compound (BMC) Market Breakdown, by Resin Type, (2019 & 2027)

7.3       Polyester

7.3.1        Overview

7.3.2        Polyester Resin in Bulk Molding Compound (BMC) Market, Revenue Forecast to 2027 (US$ Mn)

7.4       Vinyl Resin

7.4.1        Overview

7.4.2        Vinyl Resin in Bulk Molding Compound (BMC) Market, Revenue Forecast to 2027 (US$ Mn)

7.5       Others

7.5.1        Overview

7.5.2        Other Segment in Bulk Molding Compound (BMC) Market, Revenue and Forecast to 2027 (US$ Mn)

8.             Global Bulk Molding Compound (BMC) Market Analysis – By Fiber Type

8.1       Overview

8.2       Global Bulk Molding Compound (BMC) Market Breakdown, By Fiber Type,( 2019 & 2027)

8.3       Glass Fiber

8.3.1        Global Bulk Molding Compound (BMC) Market Revenue in Glass Fiber Revenue and Forecast, to 2027 (US$ Mn)

8.4       Carbon Fibers

8.4.1        Global Bulk Molding Compound (BMC) Market Revenue in Carbon Fibers Revenue and Forecast, to 2027 (US$ Mn)

9.             Global Bulk Molding Compound (BMC) Market Analysis – By End-Use Industry

9.1       Overview

9.2       Global Bulk Molding Compound (BMC) Market Breakdown, By End-Use Industry, (2019 & 2027)

9.3       Electrical Industry

9.3.1        Global Bulk Molding Compound (BMC) Market Revenue Via Electrical and Electronics Revenue and Forecast, to 2027 (US$ Mn)

9.4       Automotive Industry

9.4.1        Global Bulk Molding Compound (BMC) Market Revenue Via Automotive Industry Revenue and Forecast, to 2027 (US$ Mn)

9.5       Others

9.5.1        Global Bulk Molding Compound (BMC) Market Revenue Via Other Segment Revenue and Forecast, to 2027 (US$ Mn)

10.          Bulk Molding Compound (BMC) Market – Geographic Analysis

10.1    Overview

10.2    North America: Bulk Molding Compounds (BMC) Market

10.2.1     North America:Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027(US$ Mn)

10.2.2     North America: Bulk Molding Compounds (BMC) Market, by Resin Type

10.2.3     North America: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.2.4     North America: Bulk Molding Compounds (BMC) Market, by Application

10.2.5     North America:Bulk Molding Compounds (BMC) Market, by Key Country

10.2.5.1    US: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.1.1    US: Bulk Molding Compounds (BMC) Market, by Resin Type

10.2.5.1.2    US: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.2.5.1.3    US: Bulk Molding Compounds (BMC) Market, by Applications

10.2.5.2    Canada: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.2.1    Canada: Bulk Molding Compounds (BMC) Market, by Resin Type

10.2.5.2.2    Canada: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.2.5.2.3    Canada: Bulk Molding Compounds (BMC) Market, by Applications

10.2.5.3    Mexico: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.3.1    Mexico: Bulk Molding Compounds (BMC) Market, by Resin Type

10.2.5.3.2    Mexico: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.2.5.3.3    Mexico: Bulk Molding Compounds (BMC) Market, by Applications

10.3    Europe: Bulk Molding Compounds (BMC) Market

10.3.1     Europe: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027(US$ Mn)

10.3.2     Europe: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.3     Europe: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.4     Europe: Bulk Molding Compounds (BMC) Market, by Applications

10.3.5     Europe: Bulk Molding Compounds (BMC) Market, by Key Country

10.3.5.1    Germany: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.1.1    Germany: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.1.2    Germany: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.1.3    Germany: Bulk Molding Compounds (BMC) Market, by Applications

10.3.5.2    France: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.2.1    France: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.2.2    France: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.2.3    France: Bulk Molding Compounds (BMC) Market, by Applications

10.3.5.3    Italy: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.3.1    Italy: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.3.2    Italy Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.3.3    Italy Bulk Molding Compounds (BMC) Market, by Application

10.3.5.4    UK: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.4.1    UK: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.4.2    UK: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.4.3    UK: Bulk Molding Compounds (BMC) Market, by Applications

10.3.5.5    Russia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.5.1    Russia: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.5.2    Russia: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.5.3    Russia: Bulk Molding Compounds (BMC) Market, by Applications

10.3.5.6    Rest of Europe: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.6.1    Rest of Europe: Bulk Molding Compounds (BMC) Market, by Resin Type

10.3.5.6.2    Rest of Europe: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.3.5.6.3    Rest of Europe: Bulk Molding Compounds (BMC) Market, by Applications

10.4    Asia Pacific: Bulk Molding Compounds (BMC) Market

10.4.1     Asia Pacific: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027(US$ Mn)

10.4.2     Asia Pacific: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.3     Asia Pacific: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.4     Asia Pacific: Bulk Molding Compounds (BMC) Market, by Applications

10.4.5     Asia Pacific: Bulk Molding Compounds (BMC) Market, by Key Country

10.4.5.1    China: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.1.1    China: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.5.1.2    China: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.1.3    China Bulk Molding Compounds (BMC) Market, by Application

10.4.5.2    Australia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.2.1    Australia: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.5.2.2    Australia Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.2.3    Australia Bulk Molding Compounds (BMC) Market, by Application

10.4.5.3    Japan: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.3.1    Japan: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.5.3.2    Japan Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.3.3    Japan Bulk Molding Compounds (BMC) Market, by Application

10.4.5.4    India: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.4.1    India: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.5.4.2    India Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.4.3    India Bulk Molding Compounds (BMC) Market, by Application

10.4.5.5    South Korea Bulk Molding Compounds (BMC) Market Revenue and Forecasts to 2027 (US$ MN )

10.4.5.5.1    South Korea Bulk Molding Compounds (BMC) Market Breakdown by Resin Type

10.4.5.5.2    South Korea Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.5.3    South Korea Bulk Molding Compounds (BMC) Market, by Application

10.4.5.6    Rest of Asia Pacific: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.6.1    Rest of Asia Pacific: Bulk Molding Compounds (BMC) Market, by Resin Type

10.4.5.6.2    Rest of Asia Pacific Bulk Molding Compounds (BMC) Market, by Fiber Type

10.4.5.6.3    Rest of Asia Pacific Bulk Molding Compounds (BMC) Market, by Application

10.5    MEA: Bulk Molding Compounds (BMC) Market

10.5.1     MEA: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027(US$ Mn)

10.5.2     MEA: Bulk Molding Compounds (BMC) Market, by Resin Type

10.5.3     MEA: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.5.4     MEA: Bulk Molding Compounds (BMC) Market, by Applications

10.5.5     MEA: Bulk Molding Compounds (BMC) Market, by Key Country

10.5.5.1    South Africa: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.1.1    South Africa: Bulk Molding Compounds (BMC) Market, by Resin Type

10.5.5.1.2    South Africa Bulk Molding Compounds (BMC) Market, by Fiber Type

10.5.5.1.3    South Africa Bulk Molding Compounds (BMC) Market, by Application

10.5.5.2    Saudi Arabia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.2.1    Saudi Arabia: Bulk Molding Compounds (BMC) Market, by Resin Type

10.5.5.2.2    Saudi Arabia Bulk Molding Compounds (BMC) Market, by Fiber Type

10.5.5.2.3    Saudi Arabia Bulk Molding Compounds (BMC) Market, by Application

10.5.5.3    UAE: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.3.1    UAE: Bulk Molding Compounds (BMC) Market, by Resin Type

10.5.5.3.2    UAE Bulk Molding Compounds (BMC) Market, by Fiber Type

10.5.5.3.3    UAE Bulk Molding Compounds (BMC) Market, by Application

10.5.5.4    Rest of MEA: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.4.1    Rest of MEA: Bulk Molding Compounds (BMC) Market, by Resin Type

10.5.5.4.2    Rest of MEA Bulk Molding Compounds (BMC) Market, by Fiber Type

10.5.5.4.3    Rest of MEA Bulk Molding Compounds (BMC) Market, by Application

10.6    South America: Bulk Molding Compounds (BMC) Market

10.6.1     South America: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027(US$ Mn)

10.6.2     South America: Bulk Molding Compounds (BMC) Market, by Resin Type

10.6.3     South America: Bulk Molding Compounds (BMC) Market, by Fiber Type

10.6.4     South America: Bulk Molding Compounds (BMC) Market, by Applications

10.6.5     South America: Bulk Molding Compounds (BMC) Market, by Key Country

10.6.5.1    Brazil: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.1.1    Brazil: Bulk Molding Compounds (BMC) Market, by Resin Type

10.6.5.1.2    Brazil Bulk Molding Compounds (BMC) Market, by Fiber Type

10.6.5.1.3    Brazil Bulk Molding Compounds (BMC) Market, by Application

10.6.5.2    Argentina: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.2.1    Argentina: Bulk Molding Compounds (BMC) Market, by Resin Type

10.6.5.2.2    Argentina Bulk Molding Compounds (BMC) Market, by Fiber Type

10.6.5.2.3    Argentina Bulk Molding Compounds (BMC) Market, by Application

10.6.5.3    Rest of South America: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.3.1    Rest of South America: Bulk Molding Compounds (BMC) Market, by Resin Type

10.6.5.3.2    Rest of South America Bulk Molding Compounds (BMC) Market, by Fiber Type

10.6.5.3.3    Rest of South America Bulk Molding Compounds (BMC) Market, by Application

11.          Overview- Impact of COVID-19

11.1    North America: Impact Assessment of COVID-19 Pandemic

11.2    Europe: Impact Assessment of COVID-19 Pandemic

11.3    Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.4    Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.5    South America: Impact Assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Merger and Acquisition

12.2    Business Planning and Strategy

13.          Company Profiles

13.1    ASTAR S.A.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Core Molding Technologies

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.3    IDI Composites International

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Toray TCAC Holding B.V.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    MENZOLIT

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    PolyntSpA

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    SHOWA DENKO K.K.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    DASYC S.A.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    Lorenz Kunststofftechnik GMBH.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10 HGGC, LLC.

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary

LIST OF TABLES

Table 1.             Bulk Molding Compound (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             North America Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 3.             North America Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 4.             North America Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 5.             US Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 6.             US Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 7.             US Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 8.             Canada Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 9.             Canada Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 10.          Canada Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 11.          Mexico Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 12.          Mexico Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 13.          Mexico Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 14.          Europe Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 15.          Europe Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 16.          Europe Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 17.          Germany Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 18.          Germany Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 19.          Germany Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 20.          France Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 21.          France Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 22.          France Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 23.          Italy Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 24.          Italy Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 25.          Italy Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 26.          UK Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 27.          UK Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 28.          UK Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 29.          Russia Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 30.          Russia Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 31.          Russia Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 32.          Rest of Europe Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 33.          Rest of Europe Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 34.          Rest of Europe Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 35.          Asia Pacific Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 36.          Asia Pacific Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 37.          Asia Pacific Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 38.          China Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 39.          China Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 40.          China Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 41.          Australia Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 42.          Australia Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 43.          Australia Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 44.          Japan Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 45.          Japan Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 46.          Japan Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 47.          India Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 48.          India Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 49.          India Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 50.          South Korea Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 51.          South Korea Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 52.          South Korea Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 53.          Rest of Asia Pacific Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 54.          Rest of Asia Pacific Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 55.          Rest of Asia Pacific Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 56.          MEA Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 57.          MEA Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 58.          MEA Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 59.          South Africa Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 60.          South Africa Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 61.          South Africa Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 62.          Saudi Arabia Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 63.          Saudi Arabia Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 64.          Saudi Arabia Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 65.          UAE Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 66.          UAE Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 67.          UAE Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 68.          Rest of MEA Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 69.          Rest of MEA Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 70.          Rest of MEA Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 71.          South America Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 72.          South America Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 73.          South America Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 74.          Brazil Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 75.          Brazil Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 76.          Brazil Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 77.          Argentina Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027  (USD Million)

Table 78.          Argentina Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027  (USD Million)

Table 79.          Argentina Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 80.          Rest of South America Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2027 (USD Million)

Table 81.          Rest of South America Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2027 (USD Million)

Table 82.          Rest of South America Bulk Molding Compounds (BMC) Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 83.          Glossary of Terms, Global Bulk Molding Compound (BMC) Market

LIST OF FIGURES

Figure 1.           Bulk Molding Compound (BMC) Market Segmentation

Figure 2.           Bulk Molding Compound (BMC) Market Segmentation – By Geography

Figure 3.           Global Bulk Molding Compound (BMC) Market Overview

Figure 4.           Glass Fiber Segment Held Largest Share of Global Bulk Molding Compound (BMC) Market

Figure 5.           Asia Pacific Region Held Largest Share of Global Bulk Molding Compound (BMC) Market

Figure 6.           Global Bulk Molding Compound (BMC) Market, Industry Landscape

Figure 7.           North America PEST Analysis

Figure 8.           Europe – PEST Analysis

Figure 9.           APAC: PEST Analysis

Figure 10.        MEA: PEST Analysis

Figure 11.        SAM: PEST Analysis

Figure 12.        Expert Opinion

Figure 13.        Impact Analysis of Drivers And Restraints

Figure 14.        Geographic Overview of Bulk Molding Compound (BMC) Market

Figure 15.        Bulk Molding Compound (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 16.        Bulk Molding Compound (BMC) Market Breakdown, by Resin Type, (2019 & 2027)

Figure 17.        Polyester Resin in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 18.        Vinyl Resin in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 19.        Other Segment in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 20.        Global Bulk Molding Compound (BMC) Market Breakdown by Fiber Type, (2019 & 2027)

Figure 21.        Global Bulk Molding Compound (BMC) Market Revenue in Glass Fiber  Forecast, to 2027 (US$ Mn)

Figure 22.        Global Bulk Molding Compound (BMC) Market Revenue Via Carbon Fibers Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.        Global Bulk Molding Compound (BMC) Market Breakdown by End-Use Industry, (2019 & 2027)

Figure 24.        Global Bulk Molding Compound (BMC) Market Revenue Via Electrical and Electronics Revenue and Forecasts to 2027 (US$ Mn)

Figure 25.        Global Bulk Molding Compound (BMC) Market Revenue Via Automotive Industry Forecast, to 2027 (US$ Mn)

Figure 26.        Global Bulk Molding Compound (BMC) Market Revenue Via Other Segment Revenue and Forecasts to 2027 (US$ Mn)

Figure 27.        Global Bulk Molding Compounds (BMC) Market Revenue Share, by Region (2019 and 2027)

Figure 28.        North America: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 29.        North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Resin Type(2019 and 2027)

Figure 30.        North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Fiber Type(2019 and 2027)

Figure 31.        North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Application (2019 and 2027)

Figure 32.        North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 33.        US: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 34.        Canada: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 35.        Mexico: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 36.        Europe: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 37.        Europe: Bulk Molding Compounds (BMC) Market Revenue Share, by Resin Type (2019 and 2027)

Figure 38.        Europe: Bulk Molding Compounds (BMC) Market Revenue Share, by Fiber Type (2019 and 2027)

Figure 39.        Europe: Bulk Molding Compounds (BMC) Market Revenue Share, by Applications (2019 and 2027)

Figure 40.        Europe: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 41.        Germany: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 42.        France: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 43.        Italy: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 44.        UK: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 45.        Russia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 46.        Rest of Europe: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 47.        Asia Pacific: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 48.        Asia Pacific: Bulk Molding Compounds (BMC) Market Revenue Share, by Resin Type (2019 and 2027)

Figure 49.        Asia Pacific: Bulk Molding Compounds (BMC) Market Revenue Share, by Fiber Type (2019 and 2027)

Figure 50.        Asia Pacific: Bulk Molding Compounds (BMC) Market Revenue Share, by Applications (2019 and 2027)

Figure 51.        Asia Pacific: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 52.        China: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 53.        Australia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 54.        Japan: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 55.        India: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 56.        South Korea Bulk Molding Compounds (BMC) Market Revenue and Forecasts To 2027 (US$ MN)

Figure 57.        Rest of Asia Pacific: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 58.        MEA: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 59.        MEA: Bulk Molding Compounds (BMC) Market Revenue Share, by Resin Type (2019 and 2027)

Figure 60.        MEA: Bulk Molding Compounds (BMC) Market Revenue Share, by Fiber Type (2019 and 2027)

Figure 61.        MEA: Bulk Molding Compounds (BMC) Market Revenue Share, by Applications (2019 and 2027)

Figure 62.        MEA: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 63.        South Africa: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 64.        Saudi Arabia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 65.        UAE: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 66.        Rest of MEA: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 67.        South America: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 68.        South America: Bulk Molding Compounds (BMC) Market Revenue Share, by Resin Type(2019 and 2027)

Figure 69.        South America: Bulk Molding Compounds (BMC) Market Revenue Share, by Fiber Type (2019 and 2027)

Figure 70.        South America: Bulk Molding Compounds (BMC) Market Revenue Share, by Applications (2019 and 2027)

Figure 71.        South America: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 72.        Brazil: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 73.        Argentina: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 74.        Rest of South America: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 75.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 76.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 77.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 78.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 79.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - Bulk Molding Compound (BMC) Market

  1. ASTAR S.A.
  2. Core Molding Technologies
  3. IDI Composites Internationa
  4. Toray TCAC Holding B.V.
  5. MENZOLIT
  6. PolyntSpA
  7. SHOWA DENKO K.K.
  8. DASYC S.A
  9. Lorenz Kunststofftechnik GMBH.
  10. HGGC, LLC.
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the global Bulk Molding Compound (BMC) market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Frequently Asked Questions

The major players operating in the global Bulk Molding compound (BMC) market are Astar S.A., Core Molding Technologies, IDI Composites International., Toray TCAC Holding B.V., MENZOLIT, PolyntSpA, SHOWA DENKO K.K, Dasyc S.A, Lorenz Kunststofftechnik GMBH and HGGC, LLCamong many others.

In 2019,the BMCmarket was predominantin Asia-Pacificat theglobal level.The dominance of this region is primarily attributed to rapid growth in the automotive and aerospace industry in the China, Japan and India Canada. The presence of manufacturers such as Menzolit and IDI Composite International and others have a crucial impact upon the growth of Bulk Molding Compound (BMC) Market in the region. Further, rapid rate of urbanization along with the increase in expenditure towards construction activities are also expected to propel the growth of the Bulk Molding Compound (BMC) Market in APAC region. Further, positive government measures towards the growth of electrical & electronics industry is further expected to lead to the growth of market.

The growth of the polyestersegment is primarily attributed to the fact that polyester has an excellent characteristic of retaining its shape. It is non-allergic as compared to other natural fibers and does not promote bacterial growth.Polyester resins are formed by the reaction between polyols such as glycol or ethylene glycol and dibasic acids such as phthalic acid or maleic acid. These unsaturated resins are combined with other chemicals called hardeners or catalysts, which changes the molecular structure of the resulting compound along with generation of heat. Methyl ethyl ketone peroxide ('MEKP') is an example of such 'hardening' agent. BMC composites are made up of polyester resin coupled with various fibers. Fibers manufactured from polyesters are made up of stable and strong ion molecules, filament, tow, and fiberfill are the four basic forms of polyester. These composites are used in various end-use industries including automotive, construction, electronics, and many others.

Pricing