The SMC BMC market was valued at US$ 3,025.97 million in 2018 and is expected to grow at a CAGR of 6.7% from 2019 to 2027 to reach US$5,398.14 million by 2027.
Sheet molding composite (SMC) or sheet molding compound is known as a ready-to-mold glass fiber reinforced with polyester material primarily used in compression molding. The sheet is provided by the manufacturers in rolls weighing up to 1,000 kg. The resin is alternatively coupled with related materials and can be mixed on-site when a manufacturer wants greater control over the chemistry and filler. This is manufactured by dispersing long strands of chopped fiber, basically glass fibers or carbon fibers on a bath of thermoset resins such as polyester resin, vinyl ester resin, and epoxy resin. The longer fibers present in SMC result in better strength properties than sheet and bulk molding compounds (BMC) products. Typical applications of SMC include demanding electrical applications, corrosion-resistant needs, structural components at low cost, automotive, and transit. Bulk molding compound is a ready-to-mold, glass fiber reinforced thermoset polymer material used in compression molding, along with injection molding and transfer molding. Based on resin type, the SMC BMC market is categorized into polyester and other resins. Based on fiber type, the SMC BMC market is bifurcated into glass fiber and carbon fiber. Based on end-use industry, the SMC BMC market is segmented into automotive &transportation, aerospace, electrical &electronics, building &construction, and other end-use industries.
North America is expected to grow at the highest CAGR of 6.9% during the forecast period.Several domestic and international companies have a strong foothold in the North America. In North America, the US is a major market for SMC BMC, followed by Canada and Mexico. The region largely supports the growth of the SMC BMC market through effective manufacture and trade policies.SMC and BMC are fiber-reinforced polymer composite known for higher mechanical strength, high dimensional stability, excellent electrical properties and many other relative properties. These properties make them ideal for use in several end-use industries, such as automotive &transportation, aerospace, and building &construction. Therefore, the growth in these industries in the region is expected to lead to the growth of the SMCBMC market. Major market players present in the North American SMC BMC market are constantly working toward new product developments with improved characteristics and qualities, which is again influencing this market in North America.
Effect of COVID-19 upon SMC BMC market:
Corona-virus outbreak first began in Wuhan (China) during December 2019, and since then it has spread across the globeat a fast pace.China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms confirmed cases and reported deaths as of March 2020. According to the latest WHO figures, there are ~332,930 confirmed cases and 14,510 total deaths globally. The coronavirus outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global chemical and materials industry is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak.For instance, China is the global hub of manufacturing and the largest raw material supplier for various industries. The overall market break down due to COVID-19 is also affecting the market growth of SMC BMC due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
SMC BMC Market: Global Forecasts to 2027 – Covid-19 Impact and Analysis
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Market Insights
Rising Demand for Lightweight, High Strength, and Fire & Temperature Resistant Materials
The demand for lightweight materials with high tensile strength is on the rise among several industries such as automotive, aviation, building &construction. The use of lightweight materials has a direct impact upon the overall dynamics and structure of the components in which they are used. SMC and BMC are one such compound material, which are manufactured with the help of thermosetting polymeric matrices. They are known to possess several properties such as good mouldability, high dimensional stability, excellent mechanical and electrical properties, resistance from chemical and corrosion and others. The demand for SMC BMC compounds has considerably increased across automotive and aviation industries owing to rise in advancement and innovation. A slight reduction in the weight can improve the performance of a vehicle. This has offered a great scope in the growth of the SMC and BMC market in the global scenario. Also, 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.
Resin Insights
The SMC BMC market, based on resin type, is segmented into polyester and other resins. In 2018, the polyester segment accounted for the largest share of the global SMC BMC market, whereas the other segment is expected to grow at a higher CAGR during the forecast period. SMC and BMC composites are made up of polyester resin coupled with various fibers. Such fibers were initially manufactured for mass consumption by companies such as DuPont Corporation. Fibers manufactured from polyesters are made up of stable and strong ion molecules, filament, tow, and fiberfill,which are the four basic forms of polyester. These composites are used in various end-use industries. The processing of polyester is easy, cost-effective, and needs no post-curing. Initially, polyesters were largely adopted by consumers owing to its durability profile over other natural fibers. Currently, polyester manufacturers are working upon new and improved formulations with better mechanical properties.
Global SMC BMC Market, by Resin Type– 2018 & 2027
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Fiber Type Insights
The SMC BMC market, based on fiber type, is segmented into glass fiber and carbon fiber. In 2018, the glass fiber segment accounted for the largest share of the global SMC BMC market, whereas the carbon fiber segment is expected to register the fastest growth rate during the forecast period. Glass fibers are looked upon as versatile class of materials that are extensively used as a reinforcement fiber for polymeric resins including epoxy and unsaturated polyester. Although the glass fibers possess less stiffness over other reinforcement fibers, these exhibit other distinct advantages such as high strength with low density and cost-effectiveness. Such types of fiber contain high tensile strength and good stiffness along with chemical resistance. Glass fibers are quite cheaper, less brittle and are easily available in the market than carbon fibers. Further, its bulk strength and weight properties are considered ideal, and it can be easily manufactured using molding processes. Such properties make it a best suitable material to be used across various applications including manufacturing of SMC BMC composites.
End-Use IndustryInsights
The SMC BMC market, based on end-use industry, is segmented into automotive &transportation, aerospace, electrical & electronics, building &construction, and other end-use industries. The automotive &transportation segment accounted for the largest share of the SMC BMC market in the year of 2018, whereas the building and constructionsegment is expected to register the fastest growth rate during the forecast period. SMC composites offer a comprehensive line of pneumatic products that meet and exceed the demand from the automotive industry. This helps carrying out operation 24/7 in extreme temperatures and weld environments to yield efficient production. SMC has been known to be a versatile reinforced plastic in the field of painted and unpainted automotive componentry, including bumpers, fenders, exterior, and interior panels, structural elements, and high-temperature under hood parts. Recently, SMC formulation and processing innovations have boosted the volume of SMC in automotive parts in North America.Bulk molding compoundsare meant for automotive and transportation body panels that require painting. These composite materials possess a minimal expansion characteristic.SMC and BMC are also used in the manufacturing of different railway parts. These composites offer fire resistance, corrosion resistance, and durability.
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SMC BMC Market: Strategic Insights
Market Size Value in US$ 3,025.97 Million in 2018 Market Size Value by US$ 5,398.14 Million by 2027 Growth rate CAGR of 6.7% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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SMC BMC Market: Strategic Insights
| Market Size Value in | US$ 3,025.97 Million in 2018 |
| Market Size Value by | US$ 5,398.14 Million by 2027 |
| Growth rate | CAGR of 6.7% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Mergers and acquisition and research and development are commonly adopted strategies by companies to expand their footprint worldwide. Core Molding Technologies, IDI Composites International, Toray TCAC Holding B.V., Polynt-Reichhold Group, Continental Structural Plastics Inc.,and Showa Denko K.K. are among the market players implementing mergers and acquisition and research and developmentgrowth strategies to enlarge the customer base and gain significant market share across the world, which, in turn, permit the players to maintain their brand name globally.
Global SMC BMC Market – By Resin Type
- Polyester
- Other Resins
Global SMC BMC Market – By Fiber Type
- Glass Fiber
- Carbon Fiber
Global SMC BMC Market – By End-Use Industry
- Automotive &Transportation
- Aerospace
- Electrical &Electronics
- Building &Construction
- Other End-Use Industries
Company Profiles
- ASTAR S.A.
- Core Molding Technologies
- IDI Composites International
- Toray TCAC Holding B.V.
- MENZOLIT
- Polynt SpA
- Showa Denko K.K.
- HGGC, LLC.
- Continental Structural Plastics Inc.
- LORENZ
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Resin Type ; Fiber Type ; End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The growth of the automotive and transportation segment is primarily attributed to the rising demand for lightweight, strong, and fuel-efficient vehicles. SMC BMC materials find their applications in several parts of passenger and commercial vehicles. It is widely used in body panels of vehicles, lighting systems, headlamp reflectors and LED structural lighting parts, front ends, interior dashboard parts body panels for trucks, and agricultural vehicles.
The major players operating in the global SMC BMC market are ASTAR S.A.; Core Molding Technologies; IDI Composites International; Toray TCAC Holding B.V.; MENZOLIT; Polynt SpA; Showa Denko K.K.; HGGC, LLC.; Continental Structural Plastics Inc.; and LORENZ; among many others.
In 2018, the SMC BMC market was predominant in Asia Pacific at the global level. The manufacturing sector in Asia Pacific rapidly adopts advanced technologies and processes. India, Japan, and China are among the major markets for SMC and BMC in this region. The growing number of SMC BMC uses in automotive, electronic appliances, and building & construction applications are the key factors boosting the growth of the SMC BMC market in Asia Pacific.
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. SMC 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. SMC BMC Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Lightweight, High Strength, and Fire &Temperature 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 Rising Adoption of Low and Ultra Low Density SMC Products
5.5 Impact Analysis
6. SMC BMC– Global Market Analysis
6.1 SMC BMC Market Overview
6.2 SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning
7. SMC BMC Market Analysis – by Resin Type
7.1 Overview
7.2 SMC BMC Market Breakdown, by Resin Type (2018 and 2027)
7.3 Polyester
7.3.1 Overview
7.3.2 Polyester Resin:SMC BMC Market – Revenue Forecast to 2027(US$ Million)
7.4 Other Resins
7.4.1 Overview
7.4.2 Other Resins:SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
8. SMC BMC Market Analysis – by Fiber Type
8.1 Overview
8.2 SMC BMC Market Breakdown, by Fiber Type (2018 and 2027)
8.3 Glass Fiber
8.3.1 Glass Fiber:SMC BMC Market– Revenue and Forecast to 2027 (US$ Million)
8.4 Carbon Fiber
8.4.1 Carbon Fiber:SMC BMC Market– Revenue and Forecast to 2027 (US$ Million)
9. SMC BMC Market Analysis – by End-Use Industry
9.1 Overview
9.2 SMC BMC Market Breakdown, by End-Use Industry (2018 and 2027)
9.3 Automotive &Transportation
9.3.1 Automotive and Transportation:SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Aerospace
9.4.1 Aerospace:SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
9.5 Electrical &Electronics
9.5.1 Electrical & Electronics:SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
9.6 Building &Construction
9.6.1 Building & Construction:SMC BMC Market –Revenue and Forecast to 2027(US$ Million)
9.7 Other End-Use Industries
9.7.1 Other End-Use Industries:SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
10. SMC BMC Market – Geographic Analysis
10.1 Overview
10.2 North America: SMC BMC Market
10.2.1 North America: SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
10.2.2 North America: SMC BMC Market, by Resin Type
10.2.3 North America: SMC BMC Market, by Fiber Type
10.2.4 North America: SMC BMC Market, by End-Use Industry
10.2.5 North America: SMC BMC Market, by Key Country
10.2.5.1 US: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: SMC BMC Market, by Resin Type
10.2.5.1.2 US: SMC BMC Market, by Fiber Type
10.2.5.1.3 US: SMC BMC Market, by End-Use Industry
10.2.5.2 Canada: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: SMC BMC Market, by Resin Type
10.2.5.2.2 Canada: SMC BMC Market, by Fiber Type
10.2.5.2.3 Canada: SMC BMC Market, by End-Use Industry
10.2.5.3 Mexico: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: SMC BMC Market, by Resin Type
10.2.5.3.2 Mexico: SMC BMC Market, by Fiber Type
10.2.5.3.3 Mexico: SMC BMC Market, by End-Use Industry
10.3 Europe: SMC BMC Market
10.3.1 Europe: SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
10.3.2 Europe: SMC BMC Market, by Resin Type
10.3.3 Europe: SMC BMC Market, by Fiber Type
10.3.4 Europe: SMC BMC Market, by End-Use Industry
10.3.5 Europe: SMC BMC Market, by Key Country
10.3.5.1 Germany: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: SMC BMC Market, by Resin Type
10.3.5.1.2 Germany: SMC BMC Market, by Fiber Type
10.3.5.1.3 Germany: SMC BMC Market, by End-Use Industry
10.3.5.2 France: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: SMC BMC Market, by Resin Type
10.3.5.2.2 France: SMC BMC Market, by Fiber Type
10.3.5.2.3 France: SMC BMC Market, by End-Use Industry
10.3.5.3 UK: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 UK: SMC BMC Market, by Resin Type
10.3.5.3.2 UK: SMC BMC Market, by Fiber Type
10.3.5.3.3 UK: SMC BMC Market, by End-Use Industry
10.3.5.4 Russia: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 Russia: SMC BMC Market, by Resin Type
10.3.5.4.2 Russia: SMC BMC Market, by Fiber Type
10.3.5.4.3 Russia: SMC BMC Market, by End-Use Industry
10.3.5.5 Rest of Europe: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Rest of Europe: SMC BMC Market, by Resin Type
10.3.5.5.2 Rest of Europe: SMC BMC Market, by Fiber Type
10.3.5.5.3 Rest of Europe: SMC BMC Market, by End-Use Industry
10.4 APAC: SMC BMC Market
10.4.1 APAC: SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
10.4.2 APAC: SMC BMC Market, by Resin Type
10.4.3 APAC: SMC BMC Market, by Fiber Type
10.4.4 APAC: SMC BMC Market, by End-Use Industry
10.4.5 APAC: SMC BMC Market, by Key Country
10.4.5.1 China: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: SMC BMC Market, by Resin Type
10.4.5.1.2 China: SMC BMC Market, by Fiber Type
10.4.5.1.3 China: SMC BMC Market, by End-Use Industry
10.4.5.2 Australia: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 Australia: SMC BMC Market, by Resin Type
10.4.5.2.2 Australia: SMC BMC Market, by Fiber Type
10.4.5.2.3 Australia: SMC BMC Market, by End-Use Industry
10.4.5.3 Japan: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: SMC BMC Market, by Resin Type
10.4.5.3.2 Japan: SMC BMC Market, by Fiber Type
10.4.5.3.3 Japan: SMC BMC Market, by End-Use Industry
10.4.5.4 India: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 India: SMC BMC Market, by Resin Type
10.4.5.4.2 India: SMC BMC Market, by Fiber Type
10.4.5.4.3 India: SMC BMC Market, by End-Use Industry
10.4.5.5 Rest of APAC: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 Rest of APAC: SMC BMC Market, by Resin Type
10.4.5.5.2 Rest of APAC: SMC BMC Market, by Fiber Type
10.4.5.5.3 Rest of APAC: SMC BMC Market, by End-Use Industry
10.5 MEA: SMC BMC Market
10.5.1 MEA: SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
10.5.2 MEA: SMC BMC Market, by Resin Type
10.5.3 MEA: SMC BMC Market, by Fiber Type
10.5.4 MEA: SMC BMC Market, by End-Use Industry
10.5.5 MEA: SMC BMC Market, by Key Country
10.5.5.1 South Africa: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: SMC BMC Market, by Resin Type
10.5.5.1.2 South Africa: SMC BMC Market, by Fiber Type
10.5.5.1.3 South Africa: SMC BMC Market, by End-Use Industry
10.5.5.2 Saudi Arabia: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: SMC BMC Market, by Resin Type
10.5.5.2.2 Saudi Arabia: SMC BMC Market, by Fiber Type
10.5.5.2.3 Saudi Arabia: SMC BMC Market, by End-Use Industry
10.5.5.3 UAE: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: SMC BMC Market, by Resin Type
10.5.5.3.2 UAE: SMC BMC Market, by Fiber Type
10.5.5.3.3 UAE: SMC BMC Market, by End-Use Industry
10.5.5.4 Rest of MEA: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: SMC BMC Market, by Resin Type
10.5.5.4.2 Rest of MEA: SMC BMC Market, by Fiber Type
10.5.5.4.3 Rest of MEA: SMC BMC Market, by End-Use Industry
10.6 South America: SMC BMC Market
10.6.1 South: SMC BMC Market – Revenue and Forecast to 2027(US$ Million)
10.6.2 South America: SMC BMC Market, by Resin Type
10.6.3 South America: SMC BMC Market, by Fiber Type
10.6.4 South America: SMC BMC Market, by End-Use Industry
10.6.5 South America: SMC BMC Market, by Key Country
10.6.5.1 Brazil: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: SMC BMC Market, by Resin Type
10.6.5.1.2 Brazil: SMC BMC Market, by Fiber Type
10.6.5.1.3 Brazil: SMC BMC Market, by End-Use Industry
10.6.5.2 Argentina: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: SMC BMC Market, by Resin Type
10.6.5.2.2 Argentina: SMC BMC Market, by Fiber Type
10.6.5.2.3 Argentina: SMC BMC Market, by End-Use Industry
10.6.5.3 Rest of South America: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of South America: SMC BMC Market, by Resin Type
10.6.5.3.2 Rest of South America: SMC BMC Market, by Fiber Type
10.6.5.3.3 Rest of South America: SMC BMC Market, by End-Use Industry
11. Overview–Impact of Coronavirus Outbreak
12. Impact of COVID-19 Pandemic on Global SMC BMC Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
12.2 Europe: Impact Assessment of COVID-19 Pandemic
12.3 APAC: Impact Assessment of COVID-19 Pandemic
12.4 MEA: Impact Assessment of COVID-19 Pandemic
12.5 South America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Merger and Acquisition
13.2 Business Planning and Strategy
13.3 Product News
14. Company Profiles
14.1 ASTAR S.A.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Core Molding Technologies
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 IDI Composites International
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Toray TCAC Holding B.V.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 MENZOLIT
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 PolyntSpA
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 SHOWA DENKO K.K.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 HGGC, LLC.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Continental Structural Plastics Inc.
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 LORENZ
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: SMC BMC Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: SMC BMC Market, by Fiber Type– Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: SMC BMC Market, by Fiber Type– Revenue and Forecast to 2027 (US$ Million)
Table 7. US: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: SMC BMC Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 20. France: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. France: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. France: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 23. UK: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 24. UK: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. UK: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 26. Russia: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 27. Russia: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 28. Russia: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 29. Rest of Europe: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 30. Rest of Europe: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Rest of Europe: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 32. APAC: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 33. APAC: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 34. APAC: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 35. China: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 36. China: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. China: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 41. Japan: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 42. Japan: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 43. Japan: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 44. India: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. India: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 46. India: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of APAC: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 48. Rest of APAC: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. Rest of APAC: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 50. MEA: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 51. MEA: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 52. MEA: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 53. South Africa: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 54. South Africa: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 55. South Africa: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 56. Saudi Arabia: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 57. Saudi Arabia: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 58. Saudi Arabia: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 59. UAE: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 60. UAE: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 61. UAE: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 62. Rest of MEA: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 63. Rest of MEA: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 64. Rest of MEA: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 65. South America: SMC BMC Market, by Resin Type– Revenue and Forecast to 2027 (US$ Million)
Table 66. South America: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 67. South America: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 68. Brazil: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 69. Brazil: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 70. Brazil: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 71. Argentina: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 72. Argentina: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 73. Argentina: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 74. Rest of South America: SMC BMC Market, by Resin Type – Revenue and Forecast to 2027 (US$ Million)
Table 75. Rest of South America: SMC BMC Market, by Fiber Type – Revenue and Forecast to 2027 (US$ Million)
Table 76. Rest of South America: SMC BMC Market, by End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 77. Word Index
LIST OF FIGURES
Figure 1. SMC BMC Market Segmentation
Figure 2. SMC BMC Market Segmentation – by Geography
Figure 3. Global SMC BMC Market Overview
Figure 4. Automotive and Transportation Segment Held Largest Share of Global SMC BMC Market
Figure 5. APAC Region Held Largest Share of Global SMC BMC Market
Figure 6. Global SMC 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 SMC BMC Market
Figure 15. SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. SMC BMC Market Breakdown, by Resin Type (2018 and 2027)
Figure 17. Polyester Resin:SMC BMC Market –Revenue and Forecast, 2017–2027 (US$ Million)
Figure 18. Other Resins:SMC BMC Market –Revenue and Forecast, 2017–2027 (US$ Million)
Figure 19. SMC BMC Market Breakdown, by Fiber Type (2018 and 2027)
Figure 20. Glass Fiber:SMC BMC Market – Revenue andForecast to 2027 (US$ Million)
Figure 21. Carbon Fiber:SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
Figure 22. SMC BMC Market Breakdown, by End-Use Industry (2018 and 2027)
Figure 23. Automotive & Transportation:SMC BMC Market – Revenue andForecast to 2027 (US$ Million)
Figure 24. Aerospace: SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
Figure 25. Electrical & Electronics:SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
Figure 26. Building & Construction:SMC BMC Market –Revenue and Forecast to 2027 (US$ Million)
Figure 27. Other End-Use Industries:SMC BMC Market –Revenue and Forecast to 2027(US$ Million)
Figure 28. SMC BMC Market Revenue Share, by Region (2018 and 2027)
Figure 29. North America: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. North America: SMC BMC Market Revenue Share, by Resin Type(2018 and 2027)
Figure 31. North America: SMC BMC Market Revenue Share, by Fiber Type(2018 and 2027)
Figure 32. North America: SMC BMC Market Revenue Share, by End-Use Industry (2018 and 2027)
Figure 33. North America: SMC BMC Market Revenue Share, by Key Country (2018 and 2027)
Figure 34. US: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Canada: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Mexico: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Europe: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Europe: SMC BMC Market Revenue Share, by Resin Type (2018 and 2027)
Figure 39. Europe: SMC BMC Market Revenue Share, by Fiber Type (2018 and 2027)
Figure 40. Europe: SMC BMC Market Revenue Share, by End-Use Industry (2018 and 2027)
Figure 41. Europe: SMC BMC Market Revenue Share, by Key Country (2018 and 2027)
Figure 42. Germany: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. France: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. UK: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. Russia: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Rest of Europe: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. APAC: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. APAC: SMC BMC Market Revenue Share, by Resin Type (2018 and 2027)
Figure 49. APAC: SMC BMC Market Revenue Share, by Fiber Type (2018 and 2027)
Figure 50. APAC: SMC BMC Market Revenue Share, by End-Use Industry (2018 and 2027)
Figure 51. APAC: SMC BMC Market Revenue Share, by Key Country (2018 and 2027)
Figure 52. China: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Australia: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. Japan: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. India: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. Rest of APAC: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. MEA: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. MEA: SMC BMC Market Revenue Share, by Resin Type (2018 and 2027)
Figure 59. MEA: SMC BMC Market Revenue Share, by Fiber Type (2018 and 2027)
Figure 60. MEA: SMC BMC Market Revenue Share, by End-Use Industry (2018 and 2027)
Figure 61. MEA: SMC BMC Market Revenue Share, by Key Country (2018 and 2027)
Figure 62. South Africa: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. Saudi Arabia: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. UAE: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of MEA: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. South America: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. South America: SMC BMC Market Revenue Share, by Resin Type(2018 and 2027)
Figure 68. South America: SMC BMC Market Revenue Share, by Fiber Type (2018 and 2027)
Figure 69. South America: SMC BMC Market Revenue Share, by End-Use Industry (2018 and 2027)
Figure 70. South America: SMC BMC Market Revenue Share, by Key Country (2018 and 2027)
Figure 71. Brazil: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. Argentina: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. Rest of South America: SMC BMC Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. Impact of COVID-19 Pandemic in North American Country Markets
Figure 75. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 76. Impact of COVID-19 Pandemic in APACCountry Markets
Figure 77. Impact of COVID-19 Pandemic in Middle Eastand Africa Country Markets
Figure 78. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - SMC BMC Market
- ASTAR S.A.
- Continental Structural Plastics Inc.
- Core Molding Technologies
- HGGC, LLC.
- IDI Composites International
- LORENZ
- MENZOLIT Compounding Solutions
- Polynt SpA
- SHOWA DENKO K.K.
- Toray TCAC Holding B.V
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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