The global Sheet Molding Compound (SMC) market size was valued at US$ million in 2023. With growing demand in downstream market, the Sheet Molding Compound (SMC) is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Sheet Molding Compound (SMC) market. Sheet Molding Compound (SMC) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Sheet Molding Compound (SMC). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Sheet Molding Compound (SMC) market.
Sheet molding compound (SMC) is both a process and reinforced composite material. The composite is a 鈥渞eady to mold鈥� glass or carbon fiber reinforced polyester material primarily used in compression molding. The SMC sheets are manufactured by dispersing long strands of chopped glass fibers or carbon fibers on a bath of polyester resin, vinylester resin or epoxy resin.
SMC materials are thermosets and contain glass or carbon reinforcement levels between 10 and 60 %. The longer fibers in SMC result in better strength properties than standard bulk molding compound (BMC) products. Typical applications include demanding electrical applications, corrosion resistant needs, structural components at low cost, automotive, and transit. SMC delivers high surface quality. SMC is used for larger parts where higher mechanical strength is needed.
In this report, the SMC we surveyed are finished product of sheet molding compound, which is counterpart of BMC (Bulk molding compound).
In Asia-Pacific market, Leading players in SMC industry are IDI Composites International, SDK, Menzolit, Continental Structural Plastics, Molymer SSP, Yueqing SMC & BMC, etc. IDI, SDK, Polynt and Molymer SSP leading the market with 20% of the market.
Key Features:
The report on Sheet Molding Compound (SMC) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Sheet Molding Compound (SMC) market. It may include historical data, market segmentation by Type (e.g., General Purpose SMC, Flame Resistance SMC), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Sheet Molding Compound (SMC) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Sheet Molding Compound (SMC) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Sheet Molding Compound (SMC) industry. This include advancements in Sheet Molding Compound (SMC) technology, Sheet Molding Compound (SMC) new entrants, Sheet Molding Compound (SMC) new investment, and other innovations that are shaping the future of Sheet Molding Compound (SMC).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Sheet Molding Compound (SMC) market. It includes factors influencing customer ' purchasing decisions, preferences for Sheet Molding Compound (SMC) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Sheet Molding Compound (SMC) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Sheet Molding Compound (SMC) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Sheet Molding Compound (SMC) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Sheet Molding Compound (SMC) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Sheet Molding Compound (SMC) market.
Market Segmentation:
Sheet Molding Compound (SMC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
General Purpose SMC
Flame Resistance SMC
Electronic Insulators SMC
Corrosion Resistance SMC
Other Type SMC
Segmentation by application
Automotive and Commercial Vehicle
Electrical & Energy
Construction
Other Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IDI Composites International
Menzolit
Polynt
Molymer SSP
Continental Structural Plastics
SDK
Devi Polymers
DIC
Huamei New Material
Yueqing SMC & BMC
Tianma Group
Jiangshi Composite
Huayuan Group
BI-GOLD New Material
Changzhou Rixin
Fonda Thermoset Plastic
SIDA composites
Fu Runda Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sheet Molding Compound (SMC) market?
What factors are driving Sheet Molding Compound (SMC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sheet Molding Compound (SMC) market opportunities vary by end market size?
How does Sheet Molding Compound (SMC) break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sheet Molding Compound (SMC) Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Sheet Molding Compound (SMC) by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Sheet Molding Compound (SMC) by Country/Region, 2019, 2023 & 2030
2.2 Sheet Molding Compound (SMC) Segment by Type
2.2.1 General Purpose SMC
2.2.2 Flame Resistance SMC
2.2.3 Electronic Insulators SMC
2.2.4 Corrosion Resistance SMC
2.2.5 Other Type SMC
2.3 Sheet Molding Compound (SMC) Sales by Type
2.3.1 Global Sheet Molding Compound (SMC) Sales Market Share by Type (2019-2024)
2.3.2 Global Sheet Molding Compound (SMC) Revenue and Market Share by Type (2019-2024)
2.3.3 Global Sheet Molding Compound (SMC) Sale Price by Type (2019-2024)
2.4 Sheet Molding Compound (SMC) Segment by Application
2.4.1 Automotive and Commercial Vehicle
2.4.2 Electrical & Energy
2.4.3 Construction
2.4.4 Other Application
2.5 Sheet Molding Compound (SMC) Sales by Application
2.5.1 Global Sheet Molding Compound (SMC) Sale Market Share by Application (2019-2024)
2.5.2 Global Sheet Molding Compound (SMC) Revenue and Market Share by Application (2019-2024)
2.5.3 Global Sheet Molding Compound (SMC) Sale Price by Application (2019-2024)
3 Global Sheet Molding Compound (SMC) by Company
3.1 Global Sheet Molding Compound (SMC) Breakdown Data by Company
3.1.1 Global Sheet Molding Compound (SMC) Annual Sales by Company (2019-2024)
3.1.2 Global Sheet Molding Compound (SMC) Sales Market Share by Company (2019-2024)
3.2 Global Sheet Molding Compound (SMC) Annual Revenue by Company (2019-2024)
3.2.1 Global Sheet Molding Compound (SMC) Revenue by Company (2019-2024)
3.2.2 Global Sheet Molding Compound (SMC) Revenue Market Share by Company (2019-2024)
3.3 Global Sheet Molding Compound (SMC) Sale Price by Company
3.4 Key Manufacturers Sheet Molding Compound (SMC) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Sheet Molding Compound (SMC) Product Location Distribution
3.4.2 Players Sheet Molding Compound (SMC) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Sheet Molding Compound (SMC) by Geographic Region
4.1 World Historic Sheet Molding Compound (SMC) Market Size by Geographic Region (2019-2024)
4.1.1 Global Sheet Molding Compound (SMC) Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Sheet Molding Compound (SMC) Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Sheet Molding Compound (SMC) Market Size by Country/Region (2019-2024)
4.2.1 Global Sheet Molding Compound (SMC) Annual Sales by Country/Region (2019-2024)
4.2.2 Global Sheet Molding Compound (SMC) Annual Revenue by Country/Region (2019-2024)
4.3 Americas Sheet Molding Compound (SMC) Sales Growth
4.4 APAC Sheet Molding Compound (SMC) Sales Growth
4.5 Europe Sheet Molding Compound (SMC) Sales Growth
4.6 Middle East & Africa Sheet Molding Compound (SMC) Sales Growth
5 Americas
5.1 Americas Sheet Molding Compound (SMC) Sales by Country
5.1.1 Americas Sheet Molding Compound (SMC) Sales by Country (2019-2024)
5.1.2 Americas Sheet Molding Compound (SMC) Revenue by Country (2019-2024)
5.2 Americas Sheet Molding Compound (SMC) Sales by Type
5.3 Americas Sheet Molding Compound (SMC) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Sheet Molding Compound (SMC) Sales by Region
6.1.1 APAC Sheet Molding Compound (SMC) Sales by Region (2019-2024)
6.1.2 APAC Sheet Molding Compound (SMC) Revenue by Region (2019-2024)
6.2 APAC Sheet Molding Compound (SMC) Sales by Type
6.3 APAC Sheet Molding Compound (SMC) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Sheet Molding Compound (SMC) by Country
7.1.1 Europe Sheet Molding Compound (SMC) Sales by Country (2019-2024)
7.1.2 Europe Sheet Molding Compound (SMC) Revenue by Country (2019-2024)
7.2 Europe Sheet Molding Compound (SMC) Sales by Type
7.3 Europe Sheet Molding Compound (SMC) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Sheet Molding Compound (SMC) by Country
8.1.1 Middle East & Africa Sheet Molding Compound (SMC) Sales by Country (2019-2024)
8.1.2 Middle East & Africa Sheet Molding Compound (SMC) Revenue by Country (2019-2024)
8.2 Middle East & Africa Sheet Molding Compound (SMC) Sales by Type
8.3 Middle East & Africa Sheet Molding Compound (SMC) Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Sheet Molding Compound (SMC)
10.3 Manufacturing Process Analysis of Sheet Molding Compound (SMC)
10.4 Industry Chain Structure of Sheet Molding Compound (SMC)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Sheet Molding Compound (SMC) Distributors
11.3 Sheet Molding Compound (SMC) Customer
12 World Forecast Review for Sheet Molding Compound (SMC) by Geographic Region
12.1 Global Sheet Molding Compound (SMC) Market Size Forecast by Region
12.1.1 Global Sheet Molding Compound (SMC) Forecast by Region (2025-2030)
12.1.2 Global Sheet Molding Compound (SMC) Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Sheet Molding Compound (SMC) Forecast by Type
12.7 Global Sheet Molding Compound (SMC) Forecast by Application
13 Key Players Analysis
13.1 IDI Composites International
13.1.1 IDI Composites International Company Information
13.1.2 IDI Composites International Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.1.3 IDI Composites International Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 IDI Composites International Main Business Overview
13.1.5 IDI Composites International Latest Developments
13.2 Menzolit
13.2.1 Menzolit Company Information
13.2.2 Menzolit Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.2.3 Menzolit Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Menzolit Main Business Overview
13.2.5 Menzolit Latest Developments
13.3 Polynt
13.3.1 Polynt Company Information
13.3.2 Polynt Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.3.3 Polynt Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Polynt Main Business Overview
13.3.5 Polynt Latest Developments
13.4 Molymer SSP
13.4.1 Molymer SSP Company Information
13.4.2 Molymer SSP Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.4.3 Molymer SSP Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Molymer SSP Main Business Overview
13.4.5 Molymer SSP Latest Developments
13.5 Continental Structural Plastics
13.5.1 Continental Structural Plastics Company Information
13.5.2 Continental Structural Plastics Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.5.3 Continental Structural Plastics Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Continental Structural Plastics Main Business Overview
13.5.5 Continental Structural Plastics Latest Developments
13.6 SDK
13.6.1 SDK Company Information
13.6.2 SDK Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.6.3 SDK Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 SDK Main Business Overview
13.6.5 SDK Latest Developments
13.7 Devi Polymers
13.7.1 Devi Polymers Company Information
13.7.2 Devi Polymers Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.7.3 Devi Polymers Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Devi Polymers Main Business Overview
13.7.5 Devi Polymers Latest Developments
13.8 DIC
13.8.1 DIC Company Information
13.8.2 DIC Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.8.3 DIC Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 DIC Main Business Overview
13.8.5 DIC Latest Developments
13.9 Huamei New Material
13.9.1 Huamei New Material Company Information
13.9.2 Huamei New Material Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.9.3 Huamei New Material Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Huamei New Material Main Business Overview
13.9.5 Huamei New Material Latest Developments
13.10 Yueqing SMC & BMC
13.10.1 Yueqing SMC & BMC Company Information
13.10.2 Yueqing SMC & BMC Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.10.3 Yueqing SMC & BMC Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Yueqing SMC & BMC Main Business Overview
13.10.5 Yueqing SMC & BMC Latest Developments
13.11 Tianma Group
13.11.1 Tianma Group Company Information
13.11.2 Tianma Group Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.11.3 Tianma Group Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Tianma Group Main Business Overview
13.11.5 Tianma Group Latest Developments
13.12 Jiangshi Composite
13.12.1 Jiangshi Composite Company Information
13.12.2 Jiangshi Composite Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.12.3 Jiangshi Composite Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Jiangshi Composite Main Business Overview
13.12.5 Jiangshi Composite Latest Developments
13.13 Huayuan Group
13.13.1 Huayuan Group Company Information
13.13.2 Huayuan Group Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.13.3 Huayuan Group Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Huayuan Group Main Business Overview
13.13.5 Huayuan Group Latest Developments
13.14 BI-GOLD New Material
13.14.1 BI-GOLD New Material Company Information
13.14.2 BI-GOLD New Material Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.14.3 BI-GOLD New Material Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 BI-GOLD New Material Main Business Overview
13.14.5 BI-GOLD New Material Latest Developments
13.15 Changzhou Rixin
13.15.1 Changzhou Rixin Company Information
13.15.2 Changzhou Rixin Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.15.3 Changzhou Rixin Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Changzhou Rixin Main Business Overview
13.15.5 Changzhou Rixin Latest Developments
13.16 Fonda Thermoset Plastic
13.16.1 Fonda Thermoset Plastic Company Information
13.16.2 Fonda Thermoset Plastic Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.16.3 Fonda Thermoset Plastic Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Fonda Thermoset Plastic Main Business Overview
13.16.5 Fonda Thermoset Plastic Latest Developments
13.17 SIDA composites
13.17.1 SIDA composites Company Information
13.17.2 SIDA composites Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.17.3 SIDA composites Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 SIDA composites Main Business Overview
13.17.5 SIDA composites Latest Developments
13.18 Fu Runda Group
13.18.1 Fu Runda Group Company Information
13.18.2 Fu Runda Group Sheet Molding Compound (SMC) Product Portfolios and Specifications
13.18.3 Fu Runda Group Sheet Molding Compound (SMC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Fu Runda Group Main Business Overview
13.18.5 Fu Runda Group Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
