Sheet molding compounds (SMC) or sheet material compounds are malleable sheet material produced from compression or injection molding. Properties of electrical insulation, surface appearance, and superior mechanical properties will fuel the demand for this process. The global sheet molding compound market report by Market Research Future (MRFR) contains an in-depth analysis of the industry as well as highlighting drivers, trends, and opportunities for the period of 2018 to 2023 (forecast period).
Competitive Outlook
Huayuan Advanced Materials Co., Ltd., IDI Composites International, Changzhou Tianma Group Co., Ltd., Continental Structural Plastics Inc., Zhejiang Yueging SMC & BMC Manufacture Factory, Polynt, Zhejiang Sida New Materials Co., Ltd., Jiangsu Zhaojun New Material Co., Ltd., Beijing New Friend Insulation Material Co., Ltd., Zoltek Corporation, Showa Denko K.K., Molymer SSP Co., Ltd., Core Molding Technologies, Menzolit, Changzhou City Jianghsi Composite Technology Co., Ltd., Devi Polymers Private Limited, DIC Corporation, and others are some of the notable players profiled in the global sheet molding compound market.
Browse In-depth Market Research Report (100 Pages) on Sheet Molding Compound Market:
https://www.marketresearchfuture.com/reports/sheet-molding-compound-smc-market-6625
Market Scope
The global sheet molding compound market size can reach a value of USD 2,042.4 million by 2023. It is predicted to display a CAGR of 4.79% over the forecast period. It can find massive demand and growth owing to its utilization for the production of industrial parts in various end-use industries. Production of composite materials is predicted to work in favor of the market. Emission regulations for the automotive industry which has led to the manufacture of lightweight components will lead to constant demand in the global market.
Initiatives by SMC manufacturers for creating guidelines for ensuring sustainable practices and encouragement of innovation can positively impact the market. The role of these compounds in lowering vehicle production costs will be beneficial to the market. The emergence of low-volatile organic compounds (VOC) or no-VOC formulations has led to changes in formulations of SMCs and will make an indelible impact during the forecast period.
Make An Enquiry: https://www.marketresearchfuture.com/enquiry/6625
Segmentation
The global sheet molding compound market is segmented by type and application.
By type, the market is segmented into general purpose, electronic insulators, flame resistance, corrosion resistance, and others. The flame resistance segment is expected to exhibit a stellar growth rate owing to applications in construction and automotive sectors. However, the electronic insulators segment can touch a demand of 364 kilotons by 2023 due to its use in electric applications.
By application, the sheet molding compound (SMC) market is segmented into automotive, building & construction, electrical & electronics, and others. The automotive application will lead in the global market owing to stringent policies imparted on the automotive industry. Production of spare parts such as headlight liners and valve covers can fuel the demand for SMCs till the end of the forecast period.
Talk to Expert: https://www.marketresearchfuture.com/ask_for_schedule_call/6625
Regional Analysis
Regions analyzed in the global market report include – North America, Latin America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
The APAC sheet molding compound market is poised to touch a value of USD 716.5 million by 2023. Large popularity of passenger vehicles in India, China, and Thailand coupled with improved living standards and disposable income levels of customers can fuel the market demand. Rising inclination towards electric and hybrid vehicles owing to awareness of regulations on high carbon emission levels will provide the region a much-needed impetus. The region can be accountable for 631.9 KT by 2023.
North America accounted for 29% share in 2017, trailed by Europe at 24.4%. Procurement of automobiles by high-net-worth individuals (HNWIs) will bolster the demand for SMCs. In addition, the reduced prices of carbon-fiber SMCs for commercial vehicles will be a plus for the regional market.
Get Reasonable Discount on This Premium Report @https://www.marketresearchfuture.com/check-discount/6625
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact US:
Wantstats Research and Media Private Limited,
99 Hudson Street,5Th Floor,
New York, New York 10013,
United States of America
“Data Bridge Market Research” has recently added a concise research on the Sheet Molding Compound (SMC) Market to depict valuable insights related to significant market trends driving the industry.
The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline.
Some are the key & emerging players that are part of coverage and have being profiled are Polytec Holding AG, IDI Composites International, Polynt, TEIJIN LIMITED, Premix Inc., ISCOPE GmbH, MENZOLIT, Huayuan Advanced Materials Co.Ltd, Core Molding TechnologiesGlobal Sheet Molding Compound (SMC) Market is expected to rise from its initial estimated value of USD 2.81 billion in 2018 to an estimated value of USD 3.55 billion by 2026, registering a CAGR of 2.95% in the forecast period of 2019-2026.
This rise in market value can be attributed to the rising demand from the applicable industries for bio-based materials and compounds.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-sheet-molding-compound-smc-marketSegmentation: Global Sheet Molding Compound (SMC) MarketGlobal Sheet Molding Compound (SMC) Market, By Fiber Type (Glass Fiber, Carbon Fiber)Resin Type (Polyester, Vinyl Ester, Others)Density (Low Density, Mid-High Density)Characteristics (Heat Resistant, Flame Resistant, High Dielectric Strength, Corrosion, Others)Application (Transportation, Electrical & Electronics, Construction, Others)Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026Competitive Analysis: Global Sheet Molding Compound (SMC) MarketGlobal sheet molding compound (SMC) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of sheet molding compound (SMC) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.Make an Inquiry for Discount On this Report @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-sheet-molding-compound-smc-market Market Drivers:Increased focus on lightweight materials due to the focus on improving fuel efficiency for vehicles is expected to drive the market growthGrowing demand for bio-based materials and compounds is also expected to drive the market growthMarket Restraints:High and fluctuating cost of raw materials as compared to traditional materials is expected to restrain the market growthComplications and issues of recycling with sheet molding compounds (SMC) is also expected to restrain the market growthTop Competitors of Market:Few of the major competitors currently working in the sheet molding compound (SMC) market are Polytec Holding AG, IDI Composites International, Polynt, TEIJIN LIMITED, Premix Inc., ISCOPE GmbH, MENZOLIT, Huayuan Advanced Materials Co.Ltd, Core Molding Technologies, Changzhou City Jiangshi Composite Technology Co.Ltd., Koninklijke Ten Cate bv, SHOWA DENKO K.K., China Composites Group Corporation Ltd., and ASTAR.Key Insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedBrowse Full Report at https://www.databridgemarketresearch.com/reports/global-sheet-molding-compound-smc-marketAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
The global Epoxy Molding Compound Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the epoxy molding compound market include Sumitomo Bakelite, Hitachi Chemical, Chang Chun Group, Hysol Huawei Electronics, Panasonic, Kyocera, KCC, Samsung SDI, Eternal Materials, Jiangsu Zhongpeng New Material, Shin-Etsu Chemical, Hexion, Nepes, Tianjin Kaihua Insulating Material, HHCK, Scienchem, Beijing Sino-tech Electronic Material.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Epoxy Molding Compound Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/epoxy-molding-compound-market/download-sampleMarket DynamicsThe primary driver of demand for epoxy moulding compounds is the replacement of traditional resin moulding materials.
Furthermore, features like heat resistance, flame resistance, high dielectric strength, and corrosion resistance are expected to fuel their adoption and demand, ensuring growth over the years.
The rising demand for epoxy moulding compounds in various end-use industries like automotive and aerospace is expected to bolster the market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
The 'Global Sheet Molding Compound (SMC) Market Outlook 2018-2023' offers detailed coverage of sheet molding compound industry and presents main market trends.
The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading sheet molding compound producers to provide exhaustive coverage of the market for sheet molding compound.
The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography.
The global sheet molding compound market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., France, Germany, Russia, and others), Asia-Pacific (China, Japan, India, Australia, and others), South America (Brazil, Argentina, and others), and Middle East & Africa (South Africa, Saudi Arabia, and others).
Furthermore, the report also includes an in-depth competitive analysis of the Key Vendors operating in this market.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-sheet-molding-compound-smc-market-outlook-2018-2023/request-sample Key Regions- North America- Europe- Asia Pacific- Middle East & Africa- South America Key Vendors- Polytec Holding AG- Premix Inc.- Teijin Limited- Polynt SpA- IDI Composites International, Inc.- ISCOPE GmbH- DIC Corporation- Hanwha Advanced Materials Corp.- request free sample to get a complete list of companies Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-sheet-molding-compound-smc-market-outlook-2018-2023 Key Questions Answered in This Report- Analysis of the sheet molding compound market including revenues, future growth, market outlook- Historical data and forecast- Regional analysis including growth estimates- Analyzes the end user markets including growth estimates.- Profiles on sheet molding compound including products, sales/revenues, and market position- Market structure, market drivers and restraints.
