Molding Compound Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Molding Compound Market covers analysis by Resin Type (Phenolic, Polyester, Epoxy, Others); Applications (Automotive, Aerospace, Electrical, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00010434
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Molding compounds offer a number of remarkable properties such as dimensional stability, corrosion resistance, thermal stability, and others, making them suitable to be used in high temperature and extreme working conditions. They are used in the design of automobile parts in which high mechanical strength is required. Remarkable electrical insulation, superior surface appearance, and desirable mechanical properties have made them ideal for use in automotive parts and body panel, high strength electrical parts, and numerous structural components.

MARKET DYNAMICS

The replacement of conventional materials with novel molding compound based products has been a key driving force behind the growth of the molding compound market. Increasing demand for material with superior properties such as heat resistance, chemical resistance, high strength, low weight, etc. from end-use industries has significantly increased the consumption of molding compounds. The growing emphasis laid by automobile manufactures on reducing vehicle weight and improving fuel efficiency has contributed substantially to the adoption of molding compounds in the automobile sector and consequently driven the consumption of molding compounds. Significantly high processing and manufacturing cost of thermoset molding compounds have impeded the use of molding compounds in different applications. This factor is likely to stymie the growth of the molding components market in the forecast period.

MARKET SCOPE

The "Global Molding Compound Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the molding compound market with detailed market segmentation by resin type, application, and geography. The global molding compound market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading molding compound market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global molding compound market is segmented on the basis of resin type and application. On the basis of resin type, the molding compound market is segmented into phenolic, polyester, epoxy, and others. The molding compound market on the basis of applications is classified into automotive, aerospace, electrical, and others. REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global molding compound market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The molding compound market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the molding compound market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the molding compound market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global molding compound market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The molding compound market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the molding compound market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the molding compound market in these regions.

MARKET PLAYERS

The reports cover key developments in the molding compound market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the molding compound market are anticipated to lucrative growth opportunities in the future with the rising demand for molding compound in the global market. Below mentioned is the list of few companies engaged in the molding compound market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the molding compound market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

  •  Ashland Inc.
  •  BASF SE
  •  Eastman Chemical Company
  •  Evonik Industries
  •  Hexion Inc
  •  Hitachi Chemical Company Ltd.
  •  Huntsman International LLC.
  •  Kolon Industries Inc.
  •  Kukdo Chemical Co. Ltd.
  •  Kyocera Chemical Corporation

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Molding Compound Market - By Resin Type
1.3.2 Molding Compound Market - By Applications
1.3.3 Molding Compound Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MOLDING COMPOUND MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. MOLDING COMPOUND MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MOLDING COMPOUND MARKET - GLOBAL MARKET ANALYSIS
6.1. MOLDING COMPOUND - GLOBAL MARKET OVERVIEW
6.2. MOLDING COMPOUND - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MOLDING COMPOUND MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. PHENOLIC
7.3.1. Overview
7.3.2. Phenolic Market Forecast and Analysis
7.4. POLYESTER
7.4.1. Overview
7.4.2. Polyester Market Forecast and Analysis
7.5. EPOXY
7.5.1. Overview
7.5.2. Epoxy Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. MOLDING COMPOUND MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. AEROSPACE
8.4.1. Overview
8.4.2. Aerospace Market Forecast and Analysis
8.5. ELECTRICAL
8.5.1. Overview
8.5.2. Electrical Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. MOLDING COMPOUND MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Molding Compound Market Overview
9.1.2 North America Molding Compound Market Forecasts and Analysis
9.1.3 North America Molding Compound Market Forecasts and Analysis - By Resin Type
9.1.4 North America Molding Compound Market Forecasts and Analysis - By Applications
9.1.5 North America Molding Compound Market Forecasts and Analysis - By Countries
9.1.5.1 United States Molding Compound Market
9.1.5.1.1 United States Molding Compound Market by Resin Type
9.1.5.1.2 United States Molding Compound Market by Applications
9.1.5.2 Canada Molding Compound Market
9.1.5.2.1 Canada Molding Compound Market by Resin Type
9.1.5.2.2 Canada Molding Compound Market by Applications
9.1.5.3 Mexico Molding Compound Market
9.1.5.3.1 Mexico Molding Compound Market by Resin Type
9.1.5.3.2 Mexico Molding Compound Market by Applications
9.2. EUROPE
9.2.1 Europe Molding Compound Market Overview
9.2.2 Europe Molding Compound Market Forecasts and Analysis
9.2.3 Europe Molding Compound Market Forecasts and Analysis - By Resin Type
9.2.4 Europe Molding Compound Market Forecasts and Analysis - By Applications
9.2.5 Europe Molding Compound Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Molding Compound Market
9.2.5.1.1 Germany Molding Compound Market by Resin Type
9.2.5.1.2 Germany Molding Compound Market by Applications
9.2.5.2 France Molding Compound Market
9.2.5.2.1 France Molding Compound Market by Resin Type
9.2.5.2.2 France Molding Compound Market by Applications
9.2.5.3 Italy Molding Compound Market
9.2.5.3.1 Italy Molding Compound Market by Resin Type
9.2.5.3.2 Italy Molding Compound Market by Applications
9.2.5.4 United Kingdom Molding Compound Market
9.2.5.4.1 United Kingdom Molding Compound Market by Resin Type
9.2.5.4.2 United Kingdom Molding Compound Market by Applications
9.2.5.5 Russia Molding Compound Market
9.2.5.5.1 Russia Molding Compound Market by Resin Type
9.2.5.5.2 Russia Molding Compound Market by Applications
9.2.5.6 Rest of Europe Molding Compound Market
9.2.5.6.1 Rest of Europe Molding Compound Market by Resin Type
9.2.5.6.2 Rest of Europe Molding Compound Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Molding Compound Market Overview
9.3.2 Asia-Pacific Molding Compound Market Forecasts and Analysis
9.3.3 Asia-Pacific Molding Compound Market Forecasts and Analysis - By Resin Type
9.3.4 Asia-Pacific Molding Compound Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Molding Compound Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Molding Compound Market
9.3.5.1.1 Australia Molding Compound Market by Resin Type
9.3.5.1.2 Australia Molding Compound Market by Applications
9.3.5.2 China Molding Compound Market
9.3.5.2.1 China Molding Compound Market by Resin Type
9.3.5.2.2 China Molding Compound Market by Applications
9.3.5.3 India Molding Compound Market
9.3.5.3.1 India Molding Compound Market by Resin Type
9.3.5.3.2 India Molding Compound Market by Applications
9.3.5.4 Japan Molding Compound Market
9.3.5.4.1 Japan Molding Compound Market by Resin Type
9.3.5.4.2 Japan Molding Compound Market by Applications
9.3.5.5 South Korea Molding Compound Market
9.3.5.5.1 South Korea Molding Compound Market by Resin Type
9.3.5.5.2 South Korea Molding Compound Market by Applications
9.3.5.6 Rest of Asia-Pacific Molding Compound Market
9.3.5.6.1 Rest of Asia-Pacific Molding Compound Market by Resin Type
9.3.5.6.2 Rest of Asia-Pacific Molding Compound Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Molding Compound Market Overview
9.4.2 Middle East and Africa Molding Compound Market Forecasts and Analysis
9.4.3 Middle East and Africa Molding Compound Market Forecasts and Analysis - By Resin Type
9.4.4 Middle East and Africa Molding Compound Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Molding Compound Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Molding Compound Market
9.4.5.1.1 South Africa Molding Compound Market by Resin Type
9.4.5.1.2 South Africa Molding Compound Market by Applications
9.4.5.2 Saudi Arabia Molding Compound Market
9.4.5.2.1 Saudi Arabia Molding Compound Market by Resin Type
9.4.5.2.2 Saudi Arabia Molding Compound Market by Applications
9.4.5.3 U.A.E Molding Compound Market
9.4.5.3.1 U.A.E Molding Compound Market by Resin Type
9.4.5.3.2 U.A.E Molding Compound Market by Applications
9.4.5.4 Rest of Middle East and Africa Molding Compound Market
9.4.5.4.1 Rest of Middle East and Africa Molding Compound Market by Resin Type
9.4.5.4.2 Rest of Middle East and Africa Molding Compound Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Molding Compound Market Overview
9.5.2 South and Central America Molding Compound Market Forecasts and Analysis
9.5.3 South and Central America Molding Compound Market Forecasts and Analysis - By Resin Type
9.5.4 South and Central America Molding Compound Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Molding Compound Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Molding Compound Market
9.5.5.1.1 Brazil Molding Compound Market by Resin Type
9.5.5.1.2 Brazil Molding Compound Market by Applications
9.5.5.2 Argentina Molding Compound Market
9.5.5.2.1 Argentina Molding Compound Market by Resin Type
9.5.5.2.2 Argentina Molding Compound Market by Applications
9.5.5.3 Rest of South and Central America Molding Compound Market
9.5.5.3.1 Rest of South and Central America Molding Compound Market by Resin Type
9.5.5.3.2 Rest of South and Central America Molding Compound Market by Applications

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. MOLDING COMPOUND MARKET, KEY COMPANY PROFILES
11.1. ASHLAND INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EASTMAN CHEMICAL COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EVONIK INDUSTRIES
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HEXION INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HITACHI CHEMICAL COMPANY LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HUNTSMAN INTERNATIONAL LLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KOLON INDUSTRIES INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KUKDO CHEMICAL CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. KYOCERA CHEMICAL CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Ashland Inc.
2. BASF SE
3. Eastman Chemical Company
4. Evonik Industries
5. Hexion Inc
6. Hitachi Chemical Company Ltd.
7. Huntsman International LLC
8. Kolon Industries Inc.
9. Kukdo Chemical Co. Ltd.
10. Kyocera Chemical Corporation

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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