Middle East and Africa Bulk Molding Compound (BMC) Market to Grow at a CAGR of 3.8% to reach US$ 103.99 million from 2020 to 2027

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

Publication Month: Nov 2020 | Report Code: TIPRE00016313 | No. of Pages: 80 | Category: Chemicals and Materials | Status: Published
Covid

The MEA bulk molding compound market is expected to grow from US$ 78.20 million in 2019 to US$ 103.99 million by 2027; it is estimated to grow at a CAGR of 3.8 % from 2020 to 2027.

UAE, Saudi Arabia and South Africa are major economies in MEA. The increase in demand of BMC from the construction industry is driving the MEA bulk molding compound market. 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 includes 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 has a positive impact on the demand for bulk molding compounds. BMC compounds comprises of several properties such as light weight, long life, better mechanical properties, resistance to fire, corrosion & chemical, low smoke emission, good abrasion resistant surface, etc. Combining several properties could offer better design versatility, which makes them better material than metals. The increase in investment in research and development activities along with diversification in application base, the demand for BMC is expected to expand in building and construction industry. This has offered a great scope in the growth of MEA Bulk Molding Compound (BMC) Market in scenario.

 

Presently, major countries in MEA are under lockdown due to the COVID 19 pandemic. In the high-impact countries in the region, isolation and social distancing measures have been put in place. The consequence and impact might worsen in the coming months, depending on the spread of the virus. The outbreak and measures taken to contain the infection spread are likely to impact the food & beverages industry in the region, mainly due to disruptions in supply and distribution chain. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East and Africa Bulk Molding Compound market. The market is expected to grow at a good CAGR during the forecast period.

 

MEA Bulk molding compound Market Revenue and Forecast to 2027 (US$ Mn)

MEA Bulk molding compound Market Revenue and Forecast to 2027 (US$ Mn)

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MEA Bulk Molding Compound Market Segmentation

MEA Bulk Molding Compound Market, by Resin Type

  • Polyester
  • Vinyl Resin
  • Others

MEA Bulk Molding Compound Market, by Fiber Type

  • Glass Fiber
  • Carbon Fiber

 

MEA Bulk Molding Compound Market – by Application

  • Electrical Industry
  • Automotive Industry
  • Others

MEA Bulk Molding Compound Market – by Country

  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA

 


 

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        MEA PEST Analysis

4.3        Expert Opinion

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

5.1        Market Drivers

5.1.1        The increase in demand of BMC from the construction industry

5.1.2        The increase in consumption of lightweight, high strength, and fire resistance materials

5.2        Market Restraints

5.2.1        High cost of raw 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)– Market Analysis

6.1        MEA Bulk Molding Compound (BMC) Market Overview

6.2        Market Positioning

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

7.1        Overview

7.2        MEA 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.          MEA Bulk Molding Compound (BMC) Market Analysis – By Fiber Type

8.1        Overview

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

8.3        Glass Fiber

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

8.4        Carbon Fibers

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

9.          MEA Bulk Molding Compound (BMC) Market Analysis – By Application

9.1        Overview

9.2        MEA Bulk Molding Compound (BMC) Market Breakdown, By Application, (2019 & 2027)

9.3        Electrical Industry

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

9.4        Automotive Industry

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

9.5        Others

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

10.       MEA Bulk Molding Compound (BMC) Market – Country Analysis

10.1      Overview

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

11.       Overview- Impact of COVID-19

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

12.       Company Profiles

12.1      ASTAR S.A.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Core Molding Technologies

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      IDI Composites International

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Toray TCAC Holding B.V.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      MENZOLIT

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      PolyntSpA

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      SHOWA DENKO K.K.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      HGGC, LLC.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

13.       Appendix

13.1      About The Insight Partners

13.2      Glossary

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          Glossary of Terms, MEA Bulk Molding Compound (BMC) Market

Table 15.          Acronym

LIST OF FIGURES

Figure 1.           MEA Bulk Molding Compound (BMC) Market Segmentation

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

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

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

Figure 5.           UAE Region Held Largest Share of MEA Bulk Molding Compound (BMC) Market

Figure 6.           MEA Bulk Molding Compound (BMC) Market, Key Market Players

Figure 7.           MEA: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           MEA Impact Analysis of Drivers and Restraints

Figure 10.        MEA Bulk Molding Compound (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 11.        MEA Bulk Molding Compound (BMC) Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 12.        MEA Molding Compound (BMC) Market Breakdown, by Resin Type, (2019 & 2027)

Figure 13.        MEA Polyester Resin in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 14.        MEA Vinyl Resin in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

Figure 15.        MEA Other Segment in Bulk Molding Compound (BMC) Market, Revenue and Forecast, 2017–2027 (US$ Mn)

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

Figure 17.        MEA Bulk Molding Compound (BMC) Market Revenue in Glass Fiber Forecast, to 2027 (US$ Mn)

Figure 18.        MEA Bulk Molding Compound (BMC) Market Revenue Via Carbon Fibers Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.        MEA Bulk Molding Compound (BMC) Market Breakdown by Application, (2019 & 2027)

Figure 20.        MEA Bulk Molding Compound (BMC) Market Revenue Via Electrical and Electronics Revenue and Forecasts to 2027 (US$ Mn)

Figure 21.        MEA Bulk Molding Compound (BMC) Market Revenue Via Automotive Industry Forecast, to 2027 (US$ Mn)

Figure 22.        MEA Bulk Molding Compound (BMC) Market Revenue Via Other Segment Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.        MEA: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2019 and 2027)

Figure 24.        South Africa: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 25.        Saudi Arabia: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 26.        UAE: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        Rest of MEA: Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

 

  1. ASTAR S.A.
  2. Core Molding Technologies
  3. IDI Composites International
  4. Toray TCAC Holding B.V.
  5. MENZOLIT
  6. PolyntSpA
  7. SHOWA DENKO K.K.
  8. HGGC, LLC.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA bulk molding compound market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA bulk molding compound market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the bulk molding compound market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

 

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