Los Angeles, CA -- (SBWIRE) -- 02/05/2019 -- Sheet molding compound (SMC) is both a process and reinforced composite material. The composite is a "ready to mold" 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.

A key variable in the performance of SMC producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of SMC include SMC-specific unsaturated polyester resin, glass fiber, carbon fiber, etc. The prices of SMC-specific unsaturated polyester resin follow the oil price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a 'pass through' clause that smooth the impact.

The global Sheet Molding Compound (SMC) market is valued at 1880 million US$ in 2018 is expected to reach 2520 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2019-2025.

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This report focuses on Sheet Molding Compound (SMC) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Sheet Molding Compound (SMC) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

IDI Composites International

Magna

Menzolit

Continental Structural Plastics

Premix

Polynt

Molymer SSP

Segment by Regions

North America

Europe

China

Japan

Segment by Type

General Purpose SMC

Flame Resistance SMC

Electronic Insulators SMC

Corrosion Resistance SMC

Other Type SMC

Segment by Application

Automotive and Commercial Vehicle

Electrical & Energy

Construction

Other Application

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