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CAGR 4.79% Sheet Molding Compound (SMC) Market Size Expected to Grow Between 2018–2023

Global Sheet Molding Compound (SMC) Market is estimated to exhibit a growth rate of 4.79% CAGR, on the basis of its value, during the forecast period 2018 to 2023.

Posted: Friday, March 01, 2019 at 8:34 AM CST

London, UK -- (SBWire) -- 03/01/2019 --The new research from Ameco Research on Sheet Molding Compound (SMC) Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Sheet Molding Compound (SMC) Market Research Report by Type (General Purpose, Flame Resistance, Corrosion Resistance, Electronic Insulators, Others), Application (Automotive, Building & Construction, Electrical & Electronics, Others), and Region-Global Forecast to 2023

Market analysis

Rising interest for lightweight materials for the creation of parts is relied upon to support the market demand in the coming years. This is additionally substantiated by the interest for passenger and commercial vehicles which are wrapped by stringent emission directions. Moreover, developing electric vehicle deals can decidedly affect the market. The extending construction industry is relied upon to prompt interest for SMC in the prospective years inferable from high use of glass grids and carbon fiber in present day ventures. Utilization of economical materials is anticipated to look good for the SMC market over the time frame. The global sheet molding compound (SMC) market is estimated to exhibit a growth rate of 4.79% CAGR, on the basis of its value, during the forecast period 2018 to 2023.

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Market segmentation

The global Sheet Molding Compound (SMC) Market is currently divided on the basis of its type, application and regional demand. Based on its type, the market is classified into flame resistance, general purpose, corrosion resistance, electronic insulators, among others. On the basis of its application, the global sheet molding compound (SMC) market is bifurcated into automotive, building & construction, electrical & electronics, among others.

Regional analysis

Geographically, the global Sheet Molding Compound (SMC) Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Continental Structural Plastics Inc. (U.S.), Zoltek Corporation (U.S.), DIC Corporation (Japan), IDI Composites International (U.S.), Menzolit (Germany), Polynt (Italy), Changzhou Tianma Group Co., Ltd. (China), Core Molding Technologies (U.S.), Showa Denko K.K. (Japan), Devi Polymers Private Limited (India), Zhejiang Sida New Materials Co., Ltd. (China), Molymer SSP Co., Ltd. (Japan), among others are some of the major players in the global Sheet Molding Compound (SMC) Market.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Sheet Molding Compound (SMC) Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Sheet Molding Compound (SMC) Market Research Report by Type, Application, and Region-Global Forecast to 2023

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways

3 Market Insights

4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model

5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Rising Demand for Lightweight, Fuel-Efficient, and Electric Vehicles
5.2.2 Increasing Consumption in Modern Construction Projects
5.3 Restraints
5.3.1 High cost of SMC
5.4 Opportunities
5.4.1 Growing demand for automobiles in emerging economies
5.5 Challenges
5.5.1 Problems Pertaining to the Recyclability of SMC

6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Materials
6.1.2 SMC Producers
6.1.3 Distributors
6.1.4 End-Use Industries
6.2 Porter's Five Forces Model
6.2.1 Threat of New Entrants
6.2.2 Threat of Rivalry
6.2.3 Threat of Substitutes
6.2.4 Bargaining Power of Suppliers
6.2.5 Bargaining Power of Buyers

7 Global Sheet Molding Compound Market, by Type
7.1 Introduction
7.2 Flame Resistance
7.3 Electronic Insulators
7.4 Corrosion Resistance
7.5 General Purpose
7.6 Others

8 Global Sheet Molding Compound Market, by Application
8.1 Introduction
8.2 Automotive
8.3 Electrical & Electronics
8.4 Building & Construction
8.5 Others

9 Global Sheet Molding Compound Market, by Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Spain
9.3.5 Russia
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Indonesia
9.4.6 Australia & New Zealand
9.4.7 Rest of Asia-Pacific
9.5 Latin America
9.5.1 Mexico
9.5.2 Brazil
9.5.3 Rest of Latin America
9.6 The Middle East and Africa
9.6.1 GCC
9.6.2 South Africa
9.6.3 Rest of Middle East and Africa

10 Competitive Landscape
10.1 Introduction
10.2 Recent Developments
10.3 Global Market Strategy Analysis

11 Company Profiles
11.1 IDI Composites International
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategies
11.2 Menzolit
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 Polynt
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 Continental Structural Plastics Inc.
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategies
11.5 Zoltek Corporation
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 Swot Analysis
11.5.6 Key Strategy
11.6 DIC Corporation
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 Swot Analysis
11.6.6 Key Strategy
11.7 Changzhou Tianma Group Co., Ltd
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offered
11.7.4 Key Developments
11.7.5 Swot Analysis
11.7.6 Key Strategy
11.8 Core Molding Technologies
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products Offered
11.8.4 Key Developments
11.8.5 Swot Analysis
11.8.6 Key Strategy
11.9 Zhejiang Sida New Materials Co., Ltd
11.9.1 1.5.1Company Overview
11.9.2 Financial Overview
11.9.3 Products Offered
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Key Strategies
11.1 Molymer SSP Co. Ltd
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products Offered
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Key Strategy
11.11 Showa Denko K.K.
11.11.1 Company Overview
11.11.2 Financial Overview
11.11.3 Products Offered
11.11.4 Key Developments
11.11.5 SWOT Analysis
11.11.6 Key Strategies
11.12 Devi Polymers Private Limited
11.12.1 Company Overview
11.12.2 Financial Overview
11.12.3 Products Offered
11.12.4 Key Developments
11.12.5 SWOT Analysis
11.12.6 Key Strategies
11.13 Zhejiang Yueqing SMC & BMC Manufacture Factory
11.13.1 Company Overview
11.13.2 Financial Overview
11.13.3 Products Offered
11.13.4 Key Developments
11.13.5 SWOT Analysis
11.13.6 Key Strategies
11.14 Changzhou City Jiangshi Composite Technology Co., Ltd
11.14.1 Company Overview
11.14.2 Financial Overview
11.14.3 Products Offered
11.14.4 Key Developments
11.14.5 Key Strategy
11.15 Huayuan Advanced Materials Co., Ltd
11.15.1 Company Overview
11.15.2 Financial Overview
11.15.3 Products Offered
11.15.4 Key Developments
11.15.5 SWOT Analysis
11.15.6 Key Strategies
11.16 Jiangsu Zhaojun New Material Co., Ltd
11.16.1 Company Overview
11.16.2 Financial Overview
11.16.3 Products Offered
11.16.4 Key Developments
11.16.5 SWOT Analysis
11.16.6 Key Strategy
11.17 Beijing New Friend Insulation Material Co., Ltd
11.17.1 Company Overview
11.17.2 Financial Overview
11.17.3 Products Offerings
11.17.4 Key Developments
11.17.5 SWOT Analysis
11.17.6 Key Strategies
11.18 Zhejiang Sida New Materials Co., Ltd
11.18.1 Company Overview
11.18.2 Financial Overview
11.18.3 Products Offered
11.18.4 1.5.4Key Developments
11.18.5 SWOT Analysis
11.18.6 Key Strategies

12 Conclusion
12.1 Key Findings

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