Opportunities for the Global Sheet Molding Compound (SMC) Market to Reach $3.2 Billion by 2023
According to a new market report published by Lucintel, the future of the global SMC market looks good with opportunities in the transportation, electrical & electronics, and construction industries. The global SMC market is expected to reach an estimated $3.2 billion by 2023 with a CAGR of 3.1% from 2018 to 2023. The major growth drivers for this market are increasing use of lightweight materials in transportation, and performance benefits, such as lower corrosion in construction and higher thermal resistance...
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